a. How much is Wisconsin Corporation’s current Sales in dollars? b. What is the target price per unit? c. What is the target cost per unit? Wisconsin Corporation sells a product for $400 per unit. Its market share is 25 percent of the units sold. The marketing manager believes that the market share can […]
Q1 a) KNG issued a 90-day, 7% note for $200,000, dated February 3rd to Amy Co. on account. (Assume a 360-day year when calculating interest.) Determine the due date of the note Determine the interest: Determine the maturity value of the note b) journalize the entry to record the issuance of the […]
Q1 On July 1st, H&M Construction purchases a bulldozer for $330,000. The equipment has a 9 year life with a residual value of $15,000. Harding uses straight-line depreciation. Calculate the depreciation expense for the first year ending December 31st. = Calculate the third year’s depreciation expense and provide the journal entry for the third […]
Here are the 2 homework questions. The second one should be a strong paragraph with a cited reference. 1.EXERCISE 3–10 Applying Overhead; Computing Unit Product Cost [LO2, LO3] A company assigns overhead cost to completed jobs on the basis of 120% of direct labor cost. The job cost sheet for Job 413 shows that […]
Letter of Recommendation for Mary Rotimi December 3, 2013, To Whom It May Concern: I have had the pleasure to hire and work closely with Mary for the past three years and counting at UPS in International Department as a data capture clerk. She has stayed constant and hardworking, while working as a team player […]
can you help me please CHAPTERSDECIDING THE COURSE OF ACTION SUMMARY One of the unique features of each of the K.T. strategies is the way they are able to display the data. In each case, with the KTSA, KTPA, KTDA, and KTPPA, you fill out a table and then analyze the data in that table […]
Commodities andConsumption Commodities are products of social relations. That is, human beings produce them and they derive their value from human labor. Yet, once commodities hit the market, they become simple objects to be bought and sold. We usually do not know about where, how, by whom and under what specific work conditions these commodities […]
1.(TCO 9) An investment of $185,575 is expected to generate returns of $65,000 per year for each of the next four years. What is the investment’s internal rate of return? (Points : 25) YearCash Flows 0-$185,575 1$65,000 2$65,000 3$65,000 4$65,000 2. (TCO 4) Legal Docs Inc is a legal services firm that files […]
1. (TCO 1) Distinguish between product costs and period costs. Define both types of costs and provide examples. (Points : 20) 2. (TCO 6) Booth Financial Services, LLC has two revenue producing departments, Financial Planning and Business Consulting. The accounting department is trying to determine the best method to allocate $1,000,000 of common costs (secretarial staff, reception personnel, etc), either by salary or […]