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Pinacles budgeted $269920 of overhead for 2012. actual overhead ccosts for the year were $256030,000. Pinacle's plantwide allocation base, machine hours, was budgeted at $48700 hrs. Actual machine hours 40520 . A total of 90410 units was budgeted to be produced and 98,000 units were actually produced. Pinacle's plantwide factory overhead rate for 2012 is?
Prepare the adjusting entry at December 31, 2012, to record bad debts expense, assuming that the aging schedule indicates that $10,200 of accounts receivable will be uncollectible.
Mary, a CPA Prepared Gordon's tax return for the current year. In preparing his return. sheh took a deduction that is contrary to the Code. She feels that he is entitled to this deduction because of her belief that possible conflicts exist between tw..
Using the high-low method, prepare a cost formula for the receiving activity. Using this formula, what is the predicted cost of receiving for a month in which 1,450 receiving orders are processed?
Record the above transactions (in chronological order) directly in the following T accounts, without journalizing. Cash, Accounts Receivable, Supplies, Prepaid Insurance, Automobiles, Equipment, Notes Payable, Accounts Payable, Capital Stock, Profess..
Sylvester files as a single taxpayer during 2014 and claims one personal exemption. He itemizes deductions for regular tax purposes
Refundable Child Tax Credit. (Obj. 2) Pat and Diedra Dobson file a joint tax return for 2014. The Dobsons' AGI equals $30,700 of which $27,300 is taxable wages. The Dobsons take the standard deduction and claim dependency exemptions for their two tee..
You are the newly hired accountant for The Gift Shop. The owner has just received the December 31, 2008 bank statement and has asked you to prepare the monthly bank reconciliation.
What type of inventory control system would you suggest to Jim Reed and Type of inventory control system
Question 1: Company X offers a 10 year bond that has a coupon rate of 5 percent and semiannual payments. The face value is $1,000 and the YTM is 12.6%. What is the current value of this bond?
shingle enterprises is considering developed a new product. it projects the cost of direct materials and rent for a
Melanie is employed full-time as an accountant for a national hardware chain. She recently started a private consulting practice, which provides tax advice and financial planning to the general public. For this purpose, she maintains an office in her..
Prepare a cash distribution plan as of September 30, 2009, showing how much cash each partner will receive if the offer to sell the assets is accepted.
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