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September 16, 2014

Homework Help: Business: Accounting

Recent Homework Questions About Accounting

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accounting
The Fast Delivery Service submitted the transactions given below. Analyze these business transactions. a. On October 1st, Joseph took $25,000 from personal savings and deposited the amount to open a business checking account in the name of Fast Delivery Service. b. On October ...
Friday, June 10, 2011 at 1:05pm

tax accounting
bruce wilson won 2 million in the state lottery. the lottery pays out the prize money in 20 annual installments of 100,000 each. After receiving three 100,000 installments, bruce sold the remaining 1.7 million of payments for 1 million. He wants to report the 1 million as long...
Thursday, June 9, 2011 at 1:34am

accounting
kindly please help me. B1, G1, and P1 formed a partnership. They agreed that B1 will receive a bonus of 10% of partnership net income. B1 and G1 will receive salary allowances of $10,000 and $8,000, respectively, and the remaining income is allocated equally. Net income ...
Wednesday, June 8, 2011 at 2:17pm

accounting
is any one can help me in solving these problem.thank you and may GOD blees u always. Problem Solving: 1. Xiat is a partner who used the stock of the firm worth Php 10,000 and suffered a loss of Php 2,000. He went the firm to bear the loss. How much ‘Xiat’ is liable ...
Monday, June 6, 2011 at 11:56am

accounting please help urgent
pls.hep me to solve tjis problem.. is anyone willing to solve please. PROBLEM 1: On Jan 1, 2011, the Rhiri, Brit & Keisha partnership is formed. Rhiri and Brit contribute cash of $30,000 and $20,000 respectively, while Keisha contributes assets with the following fair values: ...
Saturday, June 4, 2011 at 8:48pm

n/a
Inter-department Services Step Method : O'brain's Department Store Allocates the Cost of personnel and Payroll to three retail Sales Department Housewares , Clothing and Furniture . In addition to providing services to the operating department. Personnel and Payroll ...
Saturday, June 4, 2011 at 4:26pm

accounting
Required a. Determine the gross profit margin for each product produced based on the ABC data [(selling price 2 ABC cost per foot) 3 feet produced]. b. Determine the gross profit margin for each product produced based on the traditional costing data [(selling price 2 ...
Friday, June 3, 2011 at 10:34pm

Managerial Finance and Accounting
Santiago’s Salsa in Problem 1-1. The company is currently producing and selling 325,000 jars of salsa annually.The jars sell for $5.00 each.The company is considering lowering the price to $4.60. Suppose this action will increase sales to 375,000 jars. Required a. What is...
Thursday, June 2, 2011 at 12:27pm

accounting ..urgent pls
PLEASE HELP ME AND YOU ARE ALL BRIGHT AND I NEED YOUR HELP FOR SOLVING THIS PROBLEM. PROBLEM 1: CARE p’ship at December 31 had cash amounting to $20,000, noncash assets $100,000, liabilities $55,000, and the following capital balances: Cassandra $45,000 and Penelope $20,...
Wednesday, June 1, 2011 at 7:10pm

accounting ..urgent pls
please help me to solve this problem. THANK YOU AND MAY GOD BLESS YOU ALWAYS. L. Carson agrees to pay $10,000 each to to C. Ames and D. Barker for 1/3 of their interest in the Ames-Barker partnership. At the time of the admission of Carson, each partner has a $30,000 capital ...
Wednesday, June 1, 2011 at 7:06pm

accounting ..urgent pls
can you help please.. PROB 1: A, B and C shared the profit of Rs. 9,00,000 in the ratio of 2:2:1 without providing for interest on B’s loan, B granted a loan of Rs. 4,00,000 in the beginning of accounting year. Where as the partnership deed is silent on the interest on ...
Wednesday, June 1, 2011 at 6:56pm

accounting..please help
can you help me please for this solving problem below... problem: A, B and C shared the profit of Rs. 9,00,000 in the ratio of 2:2:1 without providing for interest on B’s loan, B granted a loan of Rs. 4,00,000 in the beginning of accounting year. Where as the partnership ...
Monday, May 30, 2011 at 6:43pm

Accounting
Company acquired a property and need to journalize the property and construction. Received 4,700 in salvage from material removed from old building.
Sunday, May 29, 2011 at 10:00pm

accounting
Paid 55.00for landscaping property. Used cash. Journalize
Sunday, May 29, 2011 at 9:59pm

accounting
You have been asked to prepare a presentation for the next board of directors meeting regarding managerial accounting. What is the purpose of managerial accounting? How do managerial accountants support strategic decisions? How do managers implement strategy? You have been ...
Sunday, May 29, 2011 at 6:05am

accounting
please can you help how to get the answers fpr this problem solving .. I am really could not get the correct answer. problem: On Jan 1, 2011, the Rhiri, Brit & Keisha partnership is formed. Rhiri and Brit contribute cash of $30,000 and $20,000 respectively, while Keisha ...
Friday, May 27, 2011 at 7:29pm

accounting.pls help me
Is anyone can help me to solve this problem beloww. thank you very much. PROBLEM 1: On Jan 1, 2011, the Rhiri, Brit & Keisha partnership is formed. Rhiri and Brit contribute cash of $30,000 and $20,000 respectively, while Keisha contributes assets with the following fair ...
Friday, May 27, 2011 at 5:56am

Financial Accounting
I am so lost on this. I need to prepare adjusting journal entry for this. The truck was acquired on August 1. Franklin estimates the truck will have a useful life of 5 years and no salvage value. The depreciation on the building has already been recorded. In my general ledger ...
Thursday, May 26, 2011 at 9:02pm

Accounting 100
Who can be harmed when a company changes its accounting methods too often?
Thursday, May 26, 2011 at 6:08pm

accounting
I already know what the different inventory cost flow assumptions are, but what I do not know is how might the choice of cost flow assumption affect the company's cost of goods sold and ending inventory balance? Can somebody please explan this to me?
Thursday, May 26, 2011 at 2:50pm

accounting
Six annual payments of $250 into savings account earns 1.5% annually. What is the value of the account at the end of the six years? Rate Periods Payment Future value
Tuesday, May 24, 2011 at 7:34pm

Accounting
MHS currently has $1,150,000 in cash. How long would it take them to accumulate $2,000,000 in cash? Assume an interest rate of 5%.
Sunday, May 22, 2011 at 6:46pm

accounting
cash flow analysis of whirlpool cash flow statement for 2006 solution
Friday, May 20, 2011 at 9:49pm

accounting
Triple Play, Inc Triple Play, Inc. was established in 1982 by Randy Cleaver, Jim “Bluefish” Johnson, and Willie Lloyd, all ex-major league baseball players who were interested in offering quality baseball mitts at affordable prices. These players felt that, at the ...
Friday, May 20, 2011 at 3:24am

System Analysis and Designs - IT460
I need help really bad since I am majorly stuck due to things happening in the family. My GPA thus far for this course is a 4.0, however, now I am stumped. Please complete the following projects using MS Word. Save the project as Unit 4 Project. Jesse wants to see a context ...
Tuesday, May 17, 2011 at 4:15pm

strayer
ACC422 – Intermediate Accounting II Learning Team D Assignment – Week 2 This assignment is worth a total of 75 points distributed evenly among the two problems. It will be graded based upon both the accuracy of your solutions (2/3) and effort (1/3). Points for effort...
Tuesday, May 17, 2011 at 3:49pm

accounting..help plz urgent!
An accounting report that shows the changes in capital during the accounting period is: a.) a balance sheet. b.) an income statement. c.) a statement of owner's equity. d.) All of these answers are correct.
Sunday, May 15, 2011 at 6:46pm

Accounting
Presented below are some business transactions that occurred during 2008 for Vicki Prowitz Company.
Friday, May 13, 2011 at 11:05am

Managerial Accounting
. In order to improve the accuracy of unit costs, most companies recompute the predetermined overhead rate each month. True or False
Friday, May 13, 2011 at 9:34am

Finance accounting
Eddings Company had a beginning inventory of 400 units of Product XNA at a cost of $8.00 per unit. During the year, purchases were: Feb. 20 600 units at $9 Aug. 12 300 units at $11 May 5 500 units at $10 Dec. 8 200 units at $12 Eddings Company uses a periodic inventory system...
Wednesday, May 11, 2011 at 1:00pm

Accounting
Glanville Distribution markets CDs of the performing artist Harrilyn Clooney. At the beginning of March, Glanville had in beginning inventory 1,500 Clooney CDs with a unit cost of $7. During March Glanville made the following purchases of Clooney CDs. March 5 3,000 @ $8 March ...
Tuesday, May 10, 2011 at 7:38pm

Accounting
Glanville Distribution markets CDs of the performing artist Harrilyn Clooney. At the beginning of March, Glanville had in beginning inventory 1,500 Clooney CDs with a unit cost of $7. During March Glanville made the following purchases of Clooney CDs. March 5 3,000 @ $8 March ...
Tuesday, May 10, 2011 at 1:26pm

Accounting 1
what is the name of a comparison of the general ledge accounts with debit balances to the general ledger accounts with credits blances to make sure they equal the same?
Monday, May 9, 2011 at 11:32am

accounting
Diamond Company produces a chair that requires 5 yds. of material per unit. The standard price of one yard of material is $7.50. During the month, 8,500 chairs were manufactured, using 43,700 yards at a cost of $7.60. Determine the (a) price variance, (b) quantity variance, ...
Friday, May 6, 2011 at 5:11pm

economics
Explain the effect on a company’s stock price today of the following events, other things held constant. a. the interest rate on the company’s bonds falls. b. Several companies in the same sector announce surprisingly slow sales. c. Changes in the tax laws passed ...
Thursday, May 5, 2011 at 11:58pm

accounting
What potential problem can arise if a company incorrectly classifies costs? Example, what if an inventoriable cost is classified as a period costs?
Thursday, May 5, 2011 at 12:27pm

Accounting
Greenwood Corporation has paid 60 consecutive quarterly cash dividends (15 years). The last 6 months have been a real cash drain on the company, however, as profit margins have been greatly narrowed by increasing competition. With a cash balance sufficient to meet only day-to-...
Wednesday, May 4, 2011 at 12:12pm

accounting
The two accounts used to adjust the uncollectible accounts are. A) Uncollectible Accounts Expense and Allowance for Uncollectible Accounts. B) Accounts Receivable and Uncollectible Accounts Expense. C)Accounts Receivable and Allowance for Uncollectible Accounts D)Accounts ...
Wednesday, May 4, 2011 at 12:07pm

accounting/help please
The two accounts used to adjust the uncollectible accounts are. A) Uncollectible Accounts Expense and Allowance for Uncollectible Accounts. B) Accounts Receivable and Uncollectible Accounts Expense. C)Accounts Receivable and Allowance for Uncollectible Accounts . D)Accounts ...
Tuesday, May 3, 2011 at 11:12pm

Accounting
The SOO Company has machinery that it acquired a number of years ago at a cost of $812,000. As of December 31, 2012 the company has recorded life-to-date depreciation in the amount of $332,900. Because of changes in their manufacturing processes, the equipment does not ...
Monday, May 2, 2011 at 5:01pm

Accounting
I am taking an accounting class and the instructor is refusing to give the formula needed to perform a quick ratio for a non profit organization (capital one). The typical formula Current Assets – Inventory/ Current Liabilities found online only covers typical companies ...
Sunday, May 1, 2011 at 12:47pm

Business
You work for the city of Bigtown's legal department. Bigtown has been trying for years to attract more convention business, but it has been unsuccessful to date. The new mayor was voted in on the tagline, "I'll make Bigtown the place to see and be seen." It&#...
Friday, April 29, 2011 at 3:55pm

accounting
if direct material is 6.69, direct labor 3.33, variable overhead 1.27, and fixed overhead .088. if your producing 2400 units what is your total fixed cost and what is the variable cost per unit?
Friday, April 29, 2011 at 3:23pm

economics
This is my son who is in 10th grade homework assignment. I want to be able to help and not look like a dope! I really have no clue! 1. Why do economists consider growth in the average labor productivity to be the key factor in determining long run living standards? 2. And, Let...
Friday, April 29, 2011 at 2:41pm

accounting
Y company offers its customers credit of 2/10,n 30. Most customers take advantage of the cash discount, mailing their payment to arrive on the 10th day following the date of the invoice. However X comany, Y largest customer, has recently begun sending payments to arrive on the...
Wednesday, April 27, 2011 at 10:57am

Accounting
#15 Supplies: Original Purchase and Adjusting Entry On January 1, the company had office supplies costing $4,600. On March 23, the company bought additional office supplies costing $8,200; the company paid cash. On December 31, a physical count of office supplies revealed ...
Monday, April 25, 2011 at 10:10pm

Accounting
#9 Unrecorded Liability: Adjusting Entry Refer to PE 4-8. (1) Make the adjusting entry necessary on the company’s books with respect to this loan on December 31. (2) Make the journal entry necessary on the company’s books on the following April 30 to record payment ...
Monday, April 25, 2011 at 10:08pm

Accounting
Compute the price of $7,936,343 received for the bonds by using the tables of present value in Appendix A. (Round to the nearest dollar.) Your total may vary slightly from the price given due to rounding differences. Present value of the face amount $ Present value of the ...
Monday, April 25, 2011 at 8:40pm

accounting
On July 1, 2010, Brower Industries Inc. issued $8,900,000 of 9-year, 10% bonds at an effective interest rate of 12%, receiving cash of $7,936,343. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. ...
Monday, April 25, 2011 at 8:25pm

Accounting
What is the equation for a simple interest rate of 47,000 note at 12 percent in 3 years? Please help resolve.
Monday, April 25, 2011 at 11:50am

Accounting
Axel Corporation acquires 100% of the stock of Wheal Company on December 31, Year 4. The following information pertains to Wheal Company on the date of acquisition:
Saturday, April 23, 2011 at 4:20pm

Principles of Accounting
Hot Dawgs! Inc. has 3 managers that work in shifts throughout the day and night. The company also employs 4 cooks and 2 waitresses per shift. There are 3 shifts: morning, afternoon, and evening. The managers are paid an annual salary with a 2% bonus every December. The ...
Saturday, April 23, 2011 at 2:17pm

accounting
: Are there any differences between the organizations that adopt a particular accounting method? Please explain your answer.
Thursday, April 21, 2011 at 11:06pm

HEALTH CARE FINANCIAL ACCOUNTING
The local school district has asked your clinic to submit a proposal to do pre-employment physicals for 60 bus drivers. What financial or accounting information do you need to submit the proposal? What will you charge the school district?
Thursday, April 21, 2011 at 9:59pm

accounting
Partial balance sheets for ABC Company and additional information are provided below. ABC Company, Partial Balance Sheets, As of December 31 2009 2008 Equipment $100,000 $75,000 Accumulated depreciation (25,000) (20,000) Common stock, $5 par 180,000 100,000 Paid in capital 20,...
Thursday, April 21, 2011 at 8:37pm

accounting
Would like to start a college fund. It was estimated that the cost for college to be 60,000 per year. How much should be deposit into the account each month for 18 years to accumulate a total of 240,000 @ 12% interest earned.
Thursday, April 21, 2011 at 9:30am

accounting
Carlton company had assetsof $280,000 & liabilities of $120,000 at the beginning of the year and assets of $400,000 & liabilities of $140,000 at the end of the year. During the year, the owner invested an additional $40,000 in the business, and the company made withdrawals of...
Wednesday, April 20, 2011 at 3:15pm

accounting
explain the nature of minority interest and its proper presentation on a consolidated balance sheet
Wednesday, April 20, 2011 at 1:53pm

accounting
jones company acvquired and 80% interest in the smith company ant the beginning
Wednesday, April 20, 2011 at 1:39pm

accounting
Shott Farm Supplies Corporation purchased 800 shares of General Motors stock at $50 per share and paid a brokerage fee of $1,200. Two months later, the shares were sold for $53 per share. The brokerage fee on the sale was $1,300. perpare entries for the purchase and the sale.
Wednesday, April 20, 2011 at 1:17pm

statistics
a study by Hewitt Associates showed that 79% of companies offer employees flexible scheduling. suppose a researcher believes that in accounting firms this figure is lower. The researcher randomly selected 415 accounting firms and through interviews determines that 303 of these...
Tuesday, April 19, 2011 at 11:54pm

accounting
MKTG205-1101B-07 Principles of Marketing Assignment Name: Unit 5 Individual Project Deliverable Length: 2-3 pages Details: Select a global company of your choice in the service industry. Using your selected global company as the subject matter, research the principles of ...
Tuesday, April 19, 2011 at 8:20pm

accounting
If you decide to buy a car for $17,500 and get $2,500 on a trade-in. If the bank finances the remainder at 7.8%, and you want to pay off the loan in 5 years, how much will your monthly payments be? (Assume that interest is compounded monthly.)
Tuesday, April 19, 2011 at 2:36pm

Accounting
If your credit card company charges you 1% per month on your balance, what effective annual rate of interest is it charging?
Tuesday, April 19, 2011 at 9:44am

Accounting
(Present Value) What is the present value of an annuity that pays $250,000 in 30 years if interest accumulates at a rate of 7.5% compounded semiannually? (i.e. How do you have to pay NOW for the policy? You make no payments other than your lump sum payment.)
Tuesday, April 19, 2011 at 9:42am

accounting
accounting and Organizational Cultures: A Field Study of the Emergence of a New Organizational Reality"
Tuesday, April 19, 2011 at 5:18am

Accounting
a. IPC purchases real estate in prime locations where an existing theatre chain does not adequately serve the market. After purchasing the real estate, IPC engages a contractor to build a theatre complex. During fiscal 2009, IPC received a $2,000,000 payment from a contractor ...
Monday, April 18, 2011 at 7:10pm

Accounting
How is a contract penalty recorded for the company that hires a contractor?
Monday, April 18, 2011 at 6:51pm

Accounting
How does an inventory write-off effect the cash flow statement?
Monday, April 18, 2011 at 5:56pm

accounting
(TCO 8) Partial balance sheets for ABC Company and additional information are provided below. ABC Company, Partial Balance Sheets, As of December 31 2009 2008 Equipment $100,000 $75,000 Accumulated depreciation (25,000) (20,000) Common stock, $5 par 180,000 100,000 Paid in ...
Monday, April 18, 2011 at 12:39am

accounting
Accountants follow ethical guidelines in the conduct of their work. What are these guidelines made for? Why are ethical principles considered important? In the event the accountants do not follow the ethical principles what do you think the effect would be?
Sunday, April 17, 2011 at 6:51am

accounting
The local school system asks you to submit a proposal to do preemployment physicals for 60 bus drivers. What financial or accounting information do you need to submit the proposal?
Wednesday, April 13, 2011 at 5:23pm

economical management sciences/accounting
please help! Why are some goods zero-rated?
Wednesday, April 13, 2011 at 12:15pm

accounting
Compute inventory turnover for 2005 and 2004. The inventory balance at December 31, 2003, was $294 million. Do the trend of net income from 2004 to 2005 and the change in the rate of inventory turnover tell the same story or a different story? Explain your answer.
Tuesday, April 12, 2011 at 9:54pm

accounting
Cost-Volume-profit (CVP) analysis is based entirely on unit costs. Do you aree? Explain
Tuesday, April 12, 2011 at 9:24pm

accounting
I attend penn foster i an working on chapter 1 example number 06168900 and want to know how do i began to do a 3 month accounting period using a fiscal year calendar?
Tuesday, April 12, 2011 at 9:01pm

accounting
A merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be ...
Tuesday, April 12, 2011 at 7:18am

accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be ...
Tuesday, April 12, 2011 at 6:59am

Accounting
Cost-Volume-Profit Analysis and Decision-Making In order to recover from the recent operating losses that the Biggie Widget Company has experienced, management has made some tentative new decisions and believes that the use of CVP analysis will be useful when evaluating these ...
Monday, April 11, 2011 at 11:41pm

Accounting
A company just starting a business made the following four inventory purchases in June: June 1 150 units $390 June 10 200 units 585 June 15 200 units 630 June 28 150 units__ ____
Monday, April 11, 2011 at 11:17am

accounting
A company purchased $4,000 worth of merchandise. Transportation costs were an additional $350. The company later returned $250 worth of merchandise and paid the invoice within the 2% cash discount period. What is the total amount paid for this merchandise is?
Sunday, April 10, 2011 at 10:00pm

accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be ...
Sunday, April 10, 2011 at 3:58pm

accounting
identify whether each descripition best applies to a periodic or a perpetual inventory system
Friday, April 8, 2011 at 6:52pm

English
Urgent! Can someone please look these over? The sentences are very vague (welcome to online schooling, I guess). Some of them are questionable. Please help! Need to write whether the sentence is a "POINT" or "TOPIC" sentence. Point Sentence-Announces the ...
Thursday, April 7, 2011 at 8:48pm

Advanced accounting
Up owns 80% of Down. During 2009 Down began selling merchandise to Up at gross profit margin of 20%. Sales by Down to Up for the year totaled $80,000, of which $10,000 remain unsold. In 2010 Down sold $100,000 merchandise to Up at gross margin of 40%. Up’s Ending ...
Thursday, April 7, 2011 at 11:12am

introduction to accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be ...
Thursday, April 7, 2011 at 9:15am

accounting
Dsoft manufactures PC’s. The company’s Notebook Division reports the following results for the current year: Sales Revenue $2,000,000 Operating Income $500,000 Average Operating Assets $5,000,000 Dsoft’s management’s required rate of return on invested ...
Thursday, April 7, 2011 at 12:43am

accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be ...
Wednesday, April 6, 2011 at 9:58pm

Accounting
Janes Company provided the following information on intangible assets: a. A patent was purchased from the lou Company for $700,000 on January 1, 2007. Janes estimated the remaining useful life of the patent to be 10 years. The patent was carried on Lou's accounting records...
Wednesday, April 6, 2011 at 8:34pm

Accounting
Alteran Corporation purchased a machine for 1.5 million in 2006. The machine is being depreciated over a 10-year life using the sum-of-the-years'-digits method. The residual value is expected to be $300,000. At the beginning of 2009, Alteran decided to change to the ...
Wednesday, April 6, 2011 at 8:22pm

accounting
your firm, which is on accrual basis has a 100,000 mon-fri weekly payroll, and friday is payday. if the year ends on a Tuesday, what adjusting journal entry will you record??
Tuesday, April 5, 2011 at 9:09pm

Accounting III
What arguments can be advanced in favor of treating fixed manufacturing overhead costs as product costs? What arguments can be advanced in favor of treating fixed manufacturing overhead costs as period costs? Which arguments do you find to be the most valid? Explain.
Tuesday, April 5, 2011 at 11:03am

Managerial Accounting
what management position is responsible for each variance: Sales Materials Labor Overhead General, Selling & Administrative What causes these variances?
Tuesday, April 5, 2011 at 1:33am

Managerial Accounting
Determining and interpreting flexible budget variances Use the standard price and cost data supplied in problem 15-18. Assume that Holligan actually produced and sold 31,000 books. The actual sales price and costs incurred follow. Actual price and variable costs: Sales price $...
Tuesday, April 5, 2011 at 12:05am

Managerial Accounting
Flexible budget planning Sam Yu, the president of Centech Computer Services, needs your help. He wonders about the potential effects on the firm's net income if he changes the service rate that the firm charges its customers. The following basic data pertains to fiscal ...
Tuesday, April 5, 2011 at 12:02am

accounting
Santa Fe Company purchased merchandise for resale from Mesa COmpany with an invoice price of $24,000 and credit terms of 3/10,n/60. The merchandise had cost Mesa $16,000. Santa Fe paid within the discount period. Prepare entries that Santa Fe Company should record for the ...
Monday, April 4, 2011 at 8:00pm

ACCOUNTING
In its financial statements, Trio uses straight-line depreciation with the half-year convention. The book value of the equipment at December 31, 2006, will be: a $29,000. b $35,000. c $31,000. d Some other amount.
Monday, April 4, 2011 at 2:55pm

Accounting
This spreadsheet assignment will require you to use multiple approaches to estimating manufacturing overhead costs for a fictitious company, including the high-low method and regression analysis This exercise will require you to perform regression analysis to determine the ...
Saturday, April 2, 2011 at 2:47am

accounting
prepare entries to record the following summarized operations related to production for a company using a job order cost system: a. materials purchased on account-$167000 b. prepaid expenses incurred on account-$12200 c. materials pequisitioned: for production orders-$153700 ...
Friday, April 1, 2011 at 7:34pm

Finance/Cost accounting
The XYZ Corporation is contemplating the introduction of a new machine tool which will be used solely in the manufacture of a rotor shaft. 50,000 units per year are expected to be manufactured, and the time study group anticpates a standard of 2.5 hours per piece. The labor ...
Friday, April 1, 2011 at 7:16am

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