Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Johnson Realty bought a 2,000- hectare island for $10,000,000 and divided it into 200 equal size lots. As the lots are sold, they are cleared at an average cost of $5,000. Storm drains and driveways are installed at an average cost of $8,000 per site. Sales commissions are 10% of selling price. Administrative costs are $850,000 per year.The average selling price was $160,000 per lot during 2009 when 50 lots were sold. During 2010, the company bought another 2,000 - hectare island and developed it exactly the same way. Lot sales in 2010 totalled 300 with an average selling price of $160,000. All costs were the same as in 2009.
Required: Prepare income statements for both years using both absorption and variable costing methods.
curtis rich cost accountant for high power mower company currently installed activity based costing at high power st
Prepare the entry record any adjustments required due to the income tax rate increase.
Explain the difference between the accrual basis of accounting and the cash basis of accounting. What are the major reasons for accrual accounting? How are revenues and expenses defined under accrual accounting?
Evaluate approximate Activity Cost Driver Rates (ACDR) for the drivers you have chosen.
hydra company has 2 locations downtown and at a suburban mall. through march the company reported total net income of
what lump sum at employment date would make her indifferent between the two options and Reliable would recognize gross profit and What amount does Fenland need to invest each year?
viary Corp., a sole proprietorship, sold a building for $600,000. Aviary received a down payment of $120,000 as well as annual principal payments of $120,000 for each of the subsequent four years. Aviary purchased the building for $500,000
Evaluate Dow's basic and diluted earnings per share
question for each of the subsequent transactions indicate whether is increases i decreases d or has no effect ne on
We are not creating entries for monthly expenses such as rent and preparing the financial statements and documents floating around that may or may not be needed for efficient and effective processing of the business information and paper that is no..
What are some of the new tools information technology has given that contribute to unethical behavior?
Journalize and post the closing entries. Indicate closed accounts by inserting a line in both balance columns opposite the closing entry and prepare a post-closing trial balance.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd