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Question: produces agricultural irrigation equipment. During a? year, the amount of overhead costs on a? per-month basis varies in relation to the machine hours used in a given year. The low for the past year was 4,410 ?hours, and the expense associated was ?$88,240. The high for the period was 7,300 ?hours, and the associated expense was ?$120,672. During the low? month, the ?$88,240 in overhead costs consisted of indirect materials of ?$44,100 ?(a variable? expense), rent of ?$35,750 ?(a fixed? expense), and maintenance costs of ?$8,390 ?(a mixed? expense).
describe amp explain three characteristics of payroll related taxes that make accounting for them so time consuming for
that old equipment for producing subassemblies is worn out said bruce truesdale president of truesdale company. we need
Compute earnings per share for 2018, using the weighted-average number of shares determined.Determine the weighted-average number of shares outstanding
purchased merchandise from aaa company for 6000 under credit terms of 115n30 fob shipping point invoice dated july 1
Estimate The direct materials price variance is?The standard costs and actual costs for direct materials for the manufacture of 2,000 actual units of product
Describe why accountants should be concerned about ethics.
In the United States, a public company's financial statements must be according to Generally Accepted Accounting Principles (GAAP). These principles are cost, revenue recognition, and matching principles. Examine the financial statement and notes ..
Allowance for Uncollectible Accounts had a credit balance of 6,000. What dollar amount should be credited to Allowance for Uncollectible Accounts at year end?
During the year, cash dividends of $40 were paid to the owners. Net income for the year was $120. What is ending balance of retained earnings
A Kubota tractor acquired on January 8 at a cost of $171,000 has an estimated useful life of 10 years. Determine the depreciation for each of first two years
why are interviews in fraudulent financial statements and tax returns handled differently than interviews in other
Prepaid Rent was debited for the full amount. If financial statements are prepared on July 31, the adjusting entry to be made by the Ayayai Corp. is
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