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Ritz Company sells fine collectible statues and has implemented activity-based costing. Costs in the shipping department have been divided into three cost pools. The first cost pool contains costs that are related to packaging and shipping and Rand has determined that the number of boxes shipped is an appropriate cost driver for these costs. The second cost pool is made up of costs related to the final inspection of each item before it is shipped and the cost driver for this pool is the number of individual items that are inspected and shipped. The final cost pool is used for general operations and supervision of the department and the cost driver is the number of shipments. Information about the department is summarized below:
During the period, the Far East sales office generated 684 orders for a total of 6,120 items. These orders were shipped in 1,474 boxes. What amount of shipping department costs should be allocated to these sales?
Income from a precious metals mining operation has been decreasing uniformly for five years. If income in year one was $100,000 and it decreased by $10,000 per year through year five,
Finding the transfer price in different situations - If Austria introduces an import tariff of 25 percent on microwave ovens, and permits this to be a deductible expense in figuring the subsidiary's income tax, what should the transfer price be?
Find the standard deviation of this return and show your answer as a percentage to three decimal places
Under these conditions, the tax rate will be 40%. If the changes are made, what will be the company's return on equity? Round your answer to two decimal places.
What are the factors that influence market interest rates? Describe major periods in U.S. economic history when interest rates rose and declined. Why did this happen?
Leslie receive $2000 a month and rents an apartment for $600 a month, and also has a credit card with an yearly interest rate of 7 percent and a balance of $1500.
The Cape Corporation has ending inventory of $484,965, and cost of goods sold for the year just ended was $4,170,699.
A corporation produces two products: Product A and B. Each product must go through two processes. Each Product A produced requires 2 hours in Process 1 and five hours in Process two.
All Clear Corporation is a large manufacturer of custom draperies. In all, the company has seven divisions spread out across the country. Furthermore, the company has adopted a policy of issuing digital certificates for all corporation transactions,
Treasury bills are currently paying 8 percent and the inflation rate is 3.50 percent.
Larry Davis borrows $80,000 at 14 percent interest toward the purchase of a home. His mortgage is for twenty-five years.
I need yearly reports for a company which are for last 4 years starting 2005 or 2004 provided no major sale or acquisition or merger has taken place in the last four year period.
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