Sierra company allocates the estimated 200000 of its

Assignment Help Accounting Basics
Reference no: EM13605742

Sierra Company allocates the estimated $200,000 of its accounting department costs to its production and sales departments since the accounting department supports the other two departments particularly with regard to payroll and accounts payable functions. The costs will be allocated based on the number of employees using the direct method. Information regarding costs and employees follows: Department Employees Accounting 4 Production 36 Sales 12 How much of the accounting department costs will be allocated to the production and sales departments?

Reference no: EM13605742

Questions Cloud

Firm m and n compete for a market and decide independently : firm m and n compete for a market and decide independently how much to advertise. each can spend either 10 million or
Molina medical supply company is trying to decide whether : molina medical supply company is trying to decide whether or not to continue distributing hospital supplies. the
The time to failure in hours of fans in a personal computer : the time to failure in hours of fans in a personal computer can be modeled by an exponential distribution with
Firm a is the dominant firm in a market where industry : firm a is the dominant firm in a market where industry demand is given by qd 48-4p. there are four follower firms each
Sierra company allocates the estimated 200000 of its : sierra company allocates the estimated 200000 of its accounting department costs to its production and sales
Rand company sells fine collectible statues and has : rand company sells fine collectible statues and has implemented activity-based costing. costs in the shipping
The press and pump are connected by 55 m of stainless steel : a hydraulic press is powered by a remote high-pressure pump. the gage pressure at the pump outlet is 22 mpa whereas the
The weight of a sophisticated running shoe is normally : the weight of a sophisticated running shoe is normally distributed with a mean of 12 ounces and a standard deviation of
Cashmere soap corporation had the following items listed in : cashmere soap corporation had the following items listed in its trial balance at 123109 currency and coins 650 balance

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determining current and long-term liability

What portion of the $320,000 should be shown as a current and long-term liability, respectively, in Beyer's December 31, 2010 balance sheet?

  Determine the amount of retained earnings as of march

Determine the amount of retained earnings as of March 1 of the current year - Kean Dry Cleaners is owned and operated by Wally Lowman.

  Calculate the gross profit and cost of goods sold for mbi

mbi inc. had sales of 141.6 million for fiscal 2010. the companys gross profit ratio for that year was

  The table below shows your stock positions at the beginning

the table below shows your stock positions at the beginning of the year the dividends that each stock paid during the

  Mikoo inc manufactures a product that uses 15 in direct

mikoo inc. manufactures a product that uses 15 in direct materials and 8 in direct labor per unit. under the

  In a crecent period 13000 units were produced and there was

in a crecent period 13000 units were produced and there was a favorable labor efficiency variance of 23000. if 40000

  Cutters sells razors at 75 each the razors have a 90 day

cutters sells razors at 75 each. the razors have a 90 day warranty that requires the company to replace any nonworking

  Partnership and corporate taxation

Glen and Michael are equal partners in Trout Enterprises, a calendar year partnership. During the year, Trout Enterprises had gross income of $400,000 and operating expenses of $220,000.

  Adjusted basis for partnership interest

the partnership had net taxable income of $10,000; Michelle received a distribution of $8,000 cash from the partnership; and she had a 50% share in the $16,000 of partnership recourse liabilities on the last day of the partnership year. Michelle's..

  Prepared from a situation suggested by professor john w

prepared from a situation suggested by professor john w. hardy. abilene meat processing corporation is a major

  The charade company is preparing its manufacturing overhead

the charade company is preparing its manufacturing overhead budget for the fourth quarter of the year. the budgeted

  Explain the types of inventory systems used in business now

think about the types of inventory systems used in business. now select and briefly describe a business you would like

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd