Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Blake Furniture Inc maintains an Account Rec Dept. that currently employs eight people. Blake is interested in doing an activity analysis because an outside firm has offered to take over a portion of the activities currently handled by the Accts Rec Dept. The 4 main activities handled by the dept are 1)billing recording payments 2)customer service activities 3)financial reporting and analysis 4)collecting delinquent accts.
The salaris paid to the dept employees are as follows:
It is estimated that the manager of the Acct Rec Dept spends an equal amt of her time supervising the 4 main activities. The clerks spend approx half of their time on billing and recording payments. Their remaining time i divided equally between reporting activities and cust service. The 2 acct specialists spend half of their time on delinquent acct activities and the rest of their time is split equally between financial anaylsis activities and customer service activities that the clerks are not qualified to perform.
Paypro, Inc. has proposed that it can perform all activities related to collecting delinquent accts for a fee of $50,000 per year. The manager of Paypro argues that Blake can save $30,000 because the $80,000 in salaries paid to the specialist who currently handle all delinquent accts can be eliminated. If the contract is accepted it is estimated that the manager of the Acct Rec Dept would need to devote a quarter of her time to dealing with Paypro employees..
A-Using the information given prepare an activity table to calculate the labor cost for personnel devoted to each of the 4 main activities of the Acct Rec Dept
B-Should Blake accept Paypros offer to take over its delinquent acct activities
Partners A and B have a profit and loss agreement with the following provisions: salaries of $41,600 and $38,400 for A and B, respectively; a bonus to A of 10% of net income after salaries and bonus; and interest of 10% on average capital balances..
more co. is a merchandising business. the account balances for more co. as of november 30 2008 unless otherwise
1. describe ifrs and gaap and what convergence means.2. analyze how convergence will affect public companies accounting
What are the steps involved in the preparation of an advance plan for the distribution of cash in a partnership liquidation to determine which step is the most difficult to execute correctly. Discuss possible ways to address the difficulties you i..
Assets also include certain deferred charges that are not resources but that are recognized and measured in conformity with generally accepted accounting principles." Do you think this is a useful definition?
prepare a three 3 year forecast of estimated future cash flows for you company and give valid economicbusiness reasons
Calculate the payroll for the end of February. Include in your calculations federal withholding, FICA, and FUTA. Assume that Jones Company received the maximum credit for state unemployment taxes.
Parker Company had $5000000 in sales and reported a $300000 loss in its annual report to stockholders.According to a CVP analysis prepared for managements use, $5000000 in sales is the break even point for the company.
munn bicycle company manufactures bicycles specifically for college campuses. the bicycles sell for 100 and are very
assume that a company issues bonds with a 100000 face value at 100 and must pay 5000 of costs associated with the
star city is considering an investment in the community center that is expected to return the following cash
Company assembles computers from components supplied by various manufactures. Listed below are the costs incurred by the company this year: What is the amount of indirect manufacturing costs for the year?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd