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Laudermilk produces dairy equipment. Most of its jobs have a number of units per job. The company has two different departments through which all jobs pass. Overhead is applied using a plantwide rate of $13 per direct labor hour. Direct Labor wages average $8 an hour. Data for Job #3 for the year is: Direct Materials $40,000 Direct Labor Costs Dept. A 60,000 Dept. B 12,000 Machine hours used Dept. A 200 Dept. B 2,400 Units Produced 20,000 Compute the cost per unit. Answer $11.45 $5.60 $5.73 $11.58 none of these
The beginning balance in the work in process account was $19,000 and the ending balance was $12,000. The beginning balance in the finished goods account was $35,000 and the ending balance was $58,000. Sales totaled $240,000. Selling expense was $1..
various types of accounting changes can affect the financial statements of a business enterprise differently. assume
Identify the items that as an asset (A), liability (L), revenue (R), or expense (E) from the firm's viewpoint - the inventory of boating supplies owned by the company
Prepare the appropriate adjusting entry for vacations earned but not taken in 2009?
peterson company has two service departments cafeteria and human resources and two production departments machining and
Iota Co. initiated a defined benefit pension plan at the beginning of the current fiscal year. Prior service cost was $240,000, of which $80,000 was amortized, and service cost was $60,000.
Mallard Incorporated (MI) is a small manufacturing company that makes model trains to sell to toy stores. It has a small service department that repairs customers' trains for a fee.
provide an example code for an anonymous inner class. highlight what makes your example inner anonymous and
Section 351 allows the tax-free creation of a corporation, or, rather, the tax free contribution of money or property to a corporation in exchange for stock in that corporation.
a lender wants to know if they can collect on their loans. a cash flow statement for the company owing the money will
As a result of their divorce, Fred agrees to pay alimony to Tammy of $20,000 per year. The payments are to cease in the event of Fred's or Tammy's death or in the event of Tammy's remarriage. In addition, Tammy is to receive their residence, which..
Prepare the stockholders equity section of the balance sheet and Dwyer Corporation has issued 100,000 shares of $5 par value common stock.
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