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The following information regarding the total overhead of acompany for a 4 month period:
machine hrs manufacturing overhead
Jan.....................................................5,500 $ 311,500Feb....................................................3,200 224,000Mar....................................................4,900 263,800Apr....................................................2,800 184,600
Use the high-low method to determine:
a. The variable element of manufacturing overhead costs per machine hour.
Why would you use the percentage of sales method for calculating doubtful accounts as opposed to the percentage of receivables method? Is it appropriate to use a hybrid of the percentage of sales and the percentage of receivables methods of calcul..
how can you use caats to detect fraud? what do you gain by using caats to detect
Journalize the transactions using a perpetual inventory system. Prepare the income statement through gross profit for the month of April 2011.
The commission is 8.5% on all sales up to $50,000 above the quota. Beyond that amount, she receives a commission of 10%. Her total sales for the past year were $29,000. Compute:
1. the retained earnings statement shows all of the following except which one?2. managements views on the companys
using the following information compute total revenues.nbspnbspcaution not all of the items listed should be included
Despite the fancy look, the main purpose of the report is to provide the year's financial data, which comes from the corporation's accounting system.
according to a summary of the payroll of apline publishing co. 460000 was subject to the 7.5 fica tax. also 39000 was
Prepare the adjusting entry (if any) for 2008, assuming the securities are classified as available-for-sale.
The company's owner budgets for supply costs, a variable cost, at $2.10 per square foot. The actual supply cost last month was $3,260. In the company's flexible budget performance report for last month, what would have been the spending variance f..
question in accounting1.assume that abdel business corporation is purchasing new equipment for 350000 at the beginning
which of the following is a characteristic of an efficient market?a. small number of individuals.b.
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