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You are a water superintendent. one of your workers performs preventive maintenance(PM)in water meters. the worker spends three-fourth of his time on PM. his annual salary is 22,000. the city pays 7.65%, which is the employer's share of the social security, and 15% for hospitalization and pensions. PM supply costs are 2,500. the worker travels 10,000 miles while maintaining meters, for which the garage charges 20 cents per mile. overhead costs applied to direct costs are 30%. a total of 3,500 meters were maintained. a private firm offers to do your PM for $10 a meter. Given the following information, should you contract out?
On January 2, 2011, Jansing Corporation acquired a new machine with an estimated useful life of five years. The cost of the equipment was $40,000 with a residual value of $5,000.
In a defined-benefit plan, the process of funding refers to
Examine the purpose and importance of audit reports. Determine the stakeholders impacted by audit reports. Analyze the impact of audit reports for each category of stakeholders.
As a potential investor in the shares of multi-national enterprises, which inflation method, restate-translate or translate-restate, would give you decision needs? Which information set is best from the viewpoint of foreign subsidiary's shareholde..
Why are fringe benefits provided by employers to employees more valuable to those employees than if the employer simply gave the employees the money necessary to purchase those fringe benefits?
The break even or cost volume profit (CVP) model is based on a number of assumptions. Discuss these assumptions and whether or not they are correct in the real world. Finally, discuss how CVP analysis can be useful in planning. Describe the advant..
Last year, Loon sold an appreciated asset for $600,000 (basis of $200,000). Payment for one half of the sale of the asset was made this year. How much of Wendy's distribution will be taxed as a dividend?
Explain/discuss the value of the stage-gate process of new product development-What is a project charter and a contract book? Explain/discuss their purpose and how they are related to each other?
a. Prepare an amortization schedule for the three-year period. b. Organize the information in accounts under an accounting equation.
Bliny Corporation makes a product with the following standard costs for direct material and direct labor: Prepare material and labor journal entries
Fast-Forward has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by owners in exchange for stock of $6,000. Its ending equity is:
B. Tanner contributed $14,000 in cash plus office equipment valued at $7,000 to the TC Partnership. At the same time Chen will invest a building which is worth $90,000 to the partnership. What will be the journal entry to record the formation of t..
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