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The following information regarding the total overhead of acompany for a 4 month period: machinehrs manufacturing overheadJan.....................................................5,500 $ 311,500Feb....................................................3,200 224,000Mar....................................................4,900 263,800Apr....................................................2,800 184,600Use the high-low method to determine the fixed element ofmonthly overhead cost.
Many firms recognize revenus at the point of shipment. This provides an incentive to accelerate revenues by shipping goods at the end of the quarter.
should we have laws that require homeowners to insulate in order to save energy? how will homeowners benefit from
A chair manufacturer has two divisions: framing and upholstering. The framing costs are $100 per chair and the upholstering costs are $200 per chair. What is the minimum transfer price for this company?
dividends on preferred stock have been in arrears of 2002 and 2003. on december 31 2004 a total cash dividend of
presented below is information related to equipment owned by pujols company at december 31 2012.cost9000000accumulated
fudala snow removals cost formula for its vehicle operating cost is 1370 per month plus 240 per snow-day. for the month
objective to analyze the financial report of nike obtain an annual report from a corporation that is interesting to
Prepare journal entries to record the following retirement. (Show computations and round to the nearest dollar.) The December 31, 2010 balance sheet of Wolfe Co. included the following items:
hitech products manufactures three types of remote-control devices economy standard and deluxe. the company which uses
In taking out a Trial balance, a book keeper finds that he is out Rs.1600 excess debit. Being desirous of closing his books, he places the difference to a newly opened suspense account. In the next period, he discovers the following discrepancies.
Finished goods inventory at the end of last December was 200 units. Ending finished goods inventory is equal to 25 percent of the next month's sales. Lenova Company expects to sell the brackets for $45 each. How many brackets should Lenova produce..
rosen company receives a 3000 3-month 6 promissory note from bay company in settlement of an open accounts receivable.
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