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Question 1: ABC Company has two separate departments in two separate halls but there is only one meter to take reading of the total electricity consumption in the factory. Every unit gets manufactured after passing through both departments. These two halls in the factory have different types of Machines. Hall A has 3 machines of 200hp and Hall B has 4 Machines each working on 120hp. The company receives electricity bill for the month $30,000. What would be the apportionment of electricity expense to both departments taking the Horsepower (hp) as the base.
From your text and at least one scholarly source, research information on responsibility centers. Explain how responsibility centers are used for the budgeting process
Make Total cost of the units still in process at the end of March and Equivalent production for materials, labor and overhead, Journal entry
You are the manager at a large call center that markets insurance products. Part of your duties is handling internal complaints from employees and external
Post the transactions to T-accounts and determine the cost of goods sold for the period.
Describe the advantages of a sole proprietorship and a limited liability corporation - client choose an LLC or not? Explain your rationale.
Make operating statements for each of the periods 1 to 4 based on absorption costing principles.Prepare operating statements for each of the periods 1 to 4.
Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common and determine the amount of dividends paid each year to each of the two classses of stockholders assuming that the preferred stock is ..
Prepare a retained earnings statement - prepare a report form of balance sheet, assuming that the current portion of the note payable is $7,000.
How much of the $3 million assembly costs should appear on the company's income statement for the current year?
Determine Sarah's deductible transportation expense, using the actual expense method.
Explain the Process Costing method their characteristics, features and challenges; and their application in manufacturing industries.
What is the NPV if the discount rate is 15.30% and Evaluate Capital's after-tax WACC
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