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The chief cost accountant for Sassy Beverage Co. estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning June 1 would be $97,500, and total direct labor costs would be $75,000. During June, the actual direct labor cost totaled $6,300, and factory overhead cost incurred totaled $8,250.
a. What is the predetermined factory overhead rate based on direct labor cost? Enter your answer as a whole percent not in decimals.
an office building was purchased on december 9th several years ago for 2500000. the purchase price was allocated as
A change from the straight-line method of depreciation to an accelerated method should be accounted for as a(n)
Prepare the consolidation entries using the equity method.
At December 31, 2010, the property, plant and equipment was appraised at 5,325,000 euros. The property, plant and equipment will be reported on the December 31, 2010 balance sheet at what amount?
Are you available to provide immediate assistance for about 10 accounting problems? Files to follow.
paulson company uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs.the
A non current asset has a carrying amount of $20,000. it could be sold for $18,500 with selling cost of $500. its value in use is $22,000 and its replacement cost$50,000. according to IAS 36 Impairment of Assets, what is the recoverable amount of ..
variable costing income statement and conversion to absorption costing income l.o. p2 p4 torres company began
Each unit sells for $25. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at:
svens cookhouse is a popular restaurant located on lake union in seattle. the owner of the restaurant has been trying
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von october 29 2010 lue co. began operations by purchasing razors for resale. lue uses the perpetual inventory method.
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