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Question - Small Manufacturing Company has a standard overhead rate of $42 per hour. The labor rate is $18 per hour. Overhead is applied based on direct labor hours. Jobs B-1 and B-2 were completed during the month of March. Small incurred 140 hours of indirect labor during the month. Job B-1 used 82 direct labor hours and $3650 worth of direct material used. Job B-2 used 150 direct labor hours and $2,500 worth of direct material. What is the total cost of job B-2?
on january 1 2011 dean corporation signed a ten-year noncancelable lease for certain machinery. the terms of the lease
To establish the company, the two owners contributed a total of $50,000 in exchange for common stock. Prepare a balance sheet as of the end of the first year
Make two journal entries to record the variances for August - one for variable overhead and one for fixed overhead
Determine the major ethical issues created by the mergers of public accounting firms with non-CPA firms that perform accounting services.
Vaughn Manufacturing, On March 1, Year 18, the machine was sold for $82200. What should be the loss recognized from the sale of the machine?
Even though a lag compensator has a destabilizing effect in general, it can be used to stabilize some unstable systems.
The note plus interest compounded at an annual rate of 8% is due on December 31, 2019. Calculate the amount that Pareto will pay on the due date
Calculate profitability and credit risk ratios for both your companies. For your profitability analysis, you should calculate ratios such as ROE
suppose that gyp sum industries currently has the balance sheet shown below and that sales for the year just ended were
Cost of Goods Sold, $350,000; and gross margin, $150,000. What was the amount of merchandise purchased during the year
Rose Corporation had an overdue 8% note payable to BPI Bank at P9,000,000 and accrued interest of P720,000. How much should be reported as interest expense
Suppose a firm makes purchases of $3.65 million per year under terms of 2/10, net 30, and takes discounts. What is average amount of accounts payable
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