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The maintenance department's costs are allocated to other departments based on the number of hours of maintenance use by each department. The maintenance department has fixed costs of $500,000 and variable costs of $30 per hour of maintenance provided. The variable costs include the salaries of the maintenance workers. More maintenance workers can be added if greater maintenance is demanded by the other departments without affecting the fixed costs of the maintenance department. The maintenance department expects to provide 10,000 hours of maintenance
.a. What is the application rate for the maintenance department?
b. What is the additional cost to the maintenance department of providing another hour of maintenance?
c. What problem exists if the managers of other departments can choose how much maintenance to be performed?
d. What problem exists if the other departments are allowed to go outside the organization to buy maintenance services?
Delany recognized net income of $1,000,000 for 2011, and paid $150,000 quarterly dividends to its shareholders. After all closing entries are made, Tremen's "Investment in Delany Company" account would have a balance of:
Ajax Corp's sales last year were $460,000, its operating costs were $362,500, and its interest charges were $12,500. What was the firm's times-interest-earned (TIE) ratio?
B and O are partners that share income in a ratio of 2:3, with capital balances of $50,000 and $30,000, respectively. R is admitted into the partnership by investing $20,000, and is given 40% interest. What is Bs capital balance after the admitta..
obtain an annual report from a starbucks . be sure the company has property and equipment intangible assets and
Some companies employ technologies that allow them to do a so-called "virtual close." This enables them to close their books nearly instantaneously any time during the year. What advantages does a "virtual close" provide?
Why were some of Jeff's friends who worked with him from the beginning not very excited about a change to a standard cost system.
Using the internal rate of return (IRR) method and their requirements, determine whether Billy and Mandy should undertake the investment.
in may 2011 french real estate company issued convertible bonds with a total face value of 480 million. each 1000 bond
taking as a starting point a past governmental action against an unjust practicediscuss the effectiveness of the
The partnership paid $3000 in interest that was amount owed for the year and paid $8000 for a two-year insurance policy on the first day of business.
Write a 200- to 300-word response to the problem. In addition, include your analysis of indicators such as earnings per share, operating income, and comprehensive income.
smoluk mining co. is currently operating less than 50 of capacity. the management of the company expects sales to drop
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