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Alternative Allocation Bases: Service (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 $4,970,000 a year. You have the following information about the two divisions and the common communications network: Calls (thousands) Time on Network (hours) Air express 147,000 123,000 Ground service 103,000 498,000 Required: (a) What is the communications network cost that is charged to each division if the number of calls is used as the allocation basis? What is the communications network cost to each division using time on network as the allocation basis?
Prepare adjustments on March 31 prior to financial statement preparation - Success Systems
If you were offered $26,000 in 28 years and can earn 11 percent on your money what is the present value of $26,000?
Advantages of using ordinary share capital in financing...
Wallowa Company is considering a long-term investment project called ZIP. ZIP will require an investment of $121,080. It will have a useful life of 4 years and no salvage value. Annual revenues would increase by $79,460, and annual expenses (excludin..
Co A produced and sold 80,000 units during January. It incurred the following costs. HOW MANY UNITS SHOULD BE PRODUCED AND SOLD TO EARN A PROFIT OF $1.2MILLION?
What is the ex-dividend date? - Ignoring personal taxes, how much should the stock price drop on the ex-dividend date?
A storage tank acquired at the beginning of the fiscal year at a cost of $86,000 has an estimated residual value of $10,000 and an estimated useful life of eight years.
how do you take a known dollar value totalcost such as 240.00 back out the sales taxes from the known values using the
Rogala Foods, Inc. sells Oscar Mayer, Jell-O, Tassimo, and many other food brands.
What is the gain or loss recognized by the corporation when it issues its shares to Bill? What is the basis to the corporation of the property it received from Bill?
A machine which cost 240 K$ to purchase, has depreciated linearly to 80K$. It has a remaining useful life of 4 years, and the disposal cost which stands at 8K$ presently, shall be reduced to 0$ at the end of this time. How old is the present machine?..
A company is considering purchasing a machine for $24,000. The machine will generate an after-tax net income of $2,600 per year. Annual depreciation expense would be $2,100. What is the payback period for the new machine?
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