Why is it necesary for managment to use estimates when

Assignment Help Accounting Basics
Reference no: EM13615246

Why is it necesary for managment to use estimates when allocating over-head? Why not just wait until the end of the year when we know the actual figures.

Reference no: EM13615246

Questions Cloud

If the final speed of the sand bag is 034 ms what is the : josie and charlotte push a 12-kg bag of playground sand for a sandbox on a frictionless horizontal wet polyvinyl
Verify your results with excel 818 construct a 95 : toyota motor corporation developed the scion car model to appeal to young consumers. toyota claims the average age of a
Construct a 90 confidence interval to estimate the average : the average selling price of blackberry smart phones purchased by a random sample of 35 customers in 2010 was 311.
A force of magnitude 750 pushes three boxes with masses m1 : a force of magnitude 7.50 pushes three boxes with masses m1 1.30 kg m2 3.20kg and m3 4.90 kg find the magnitude of the
Why is it necesary for managment to use estimates when : why is it necesary for managment to use estimates when allocating over-head? why not just wait until the end of the
Answer the question in part a without the finite correction : at goldey-beacom college 56 of employees carry dependent family members on their health insurance plans. currently
At the initial stage of the project there were idle funds : during its accounting year ending on december 31 2007 the zeal pakcompany had the cash sales rs. 280000 the cost of
For a sample with a quench rate of 55 degrees csec what : for a sample with a quench rate of 5.5 degrees csec what kind of steel gives a rockwell hardness of c25 at this cooling
According to the national retail federation 34 of taxpayers : according to the national retail federation 34 of taxpayers used computer software to do their taxes for the 2009 tax

Reviews

Write a Review

Accounting Basics Questions & Answers

  Charlet company sells office chairs to its customers on

charlet company sells office chairs to its customers. on june 10 charlet purchased 40 office chairs from one of its

  Prepare a retained earnings statement for the year

Prepare a retained earnings statement for the year - Castle Corporation had retained earnings of $550,000. During the year, Castle had the following selected transactions.

  Net cost of machine for capital budgeting purposes

What is the net cost of the machine for capital budgeting purposes? (That is, what is the year 0 net cash flow?) What are the net operating cash flows in Years 1,2, and 3? What is the additional Year 3 cash flow (that is, the after-tax salvage and th..

  Bonds pay interest semiannually

Knapp Company plans to issue 6% bonds on January 1, 2009, with a par value of $2,000,000. The company sells $1,800,000 of the bonds on January 1, 2009. The remaining $200,000 sells at par on March 1, 2009. The bonds pay interest semiannually as of..

  First fiscal period of the combination

which one of the following accounts would not appear on the consolidated financial statements at the end of the first fiscal period of the combination?

  Q ron carroll operates a small company that books

q. ron carroll operates a small company that books entertainers for theaters parties conventions and so forth.the

  Two partners smith and wesson owned and operated a

two partners smith and wesson owned and operated a successful fast food business together for 15 years. during the past

  Golden flights inc is considering buying some specialized

golden flights inc. is considering buying some specialized machinery that would enable the company to obtain a six-year

  Abc corporation ended its first year of operations with

abc corporation ended its first year of operations with taxable income of 225000. at the time of abc corporations

  Jake smith opened his balinese coffee shop business in

jake smith opened his balinese coffee shop business in downtown boise on january 1st 2010. on december 31st 2010 he sat

  Wiengot antennasinc produces and sells a unique type of tv

wiengot antennas inc. produces and sells a unique type of tv antenna. the company has just opened a new plant to

  Describe the purpose of each financial statement determine

describe the purpose of each financial statement. determine which one 1 is the most effective in communicating the

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd