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Single versus Dual Rates (LO 12-6) Packages-2-Go has two divisions, air express and ground service, that share the common costs of the company’s communications network, which are $4,070,000 a year. You have the following information about the two divisions and the common communications network: Calls (thousands) Time on Network (hours) Air express 125,000 145,000 Ground service 119,000 555,000 Required: Determine the cost allocation if $2.90 million of the communications network costs are fixed and allocated on the basis of time on network, and the remaining costs, which are variable, are allocated on the basis of the number of calls.
Some have suggested that neural networks could be applied to people to indicate how likely they are to develop a disease or even become criminals. The idea is to add a child’s personal characteristics, demographics, and genealogy into a neural networ..
What are the most important nonfinancial (qualitative) factors that JMT should consider when making this decision?
On October 1, 2014, Sanford Consulting Services, Inc. was started by James and a group of investors and during the month of October the company completed the following transactions. How much cash does Sanford Consulting Services, Inc. have at October..
When Alonzo acquired the patents, their fair market values were: Patent AA: $20,000; Patent BB: $240,000; and Patent CC: $60,000. At what amount should Alonzo record Patent BB?
Sachin has asked his flat mate Jason for a $450 loan to cover a portion of his rent and utility costs. Sachin proposes repaying the loan with $375 from each of his next two financial aid disbursements, the first 4 months from now and the second 13 mo..
If Fama Company, with a The level of business operations at which revenues and expired costs are equal. break-even point at $263,200 of sales, has actual sales of $470,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage..
Quill in Company had the following budgeted information for October.October 1 cash balance $3,500
five traditional financial indicators.there are five traditional financial indicators identified below for lipscomb
Vella owns and operates an illegal gambling establishment. In connection with this activity, he has the following expenses during the year: What are Vella's total deductible expenses for tax purposes?
40% of the sales are for cash. 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% for the next month. The total expected cash receipts during September are
Evaluate what MACRS convention applies to machine and find weston's cost recovery for 2012 is $ and for 2013 is $ .
On 6/30/12, a company paid $106,000 to retire a bond before maturity. The company recorded a $6,000 loss as part of the transaction. Which of the following must be true regarding this transaction?
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