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1.  Crave Co. uses departmental predetermined overhead rates for allocating overhead to jobs.  The rates are based on machine hours for the Machining department and on direct labor cost for the Assembly department.  The company estimated the following for 2009:                                                                    Machining                    Assembly Manufacturing overhead cost              $277,800                     $103,200 Machine hours                                     69,450 hrs                   10,150 […]

Toy Box Inc. is contemplating expanding their sales of their children’s toys. The have an opportunity to stock and sell the X toy that has been a big hit with children everywhere. They need to order the X toys from the manufacturer in a minimum order of 100 at a cost of $12 each. They […]

We’re continuing to analyze the same company as in modules 2, 3, and 4. Based on additional information added in modules 3 and 4, please use the information below to make a statement of cash flows. The beginning cash balance is $30,000. Use the Net Income from Module 2. Use depreciation expense of Module 2. During […]

We’re continuing to analyze the same company as in modules 2 and 3. Additional information added in module 3: One client had indicated that they were interested in purchasing $42,500 worth of products. However, the client has not actually committed to the purchase. The bookkeeper already corrected the sales account. However, the bookkeeper may have made […]

Bond TerminologyP 2. Listed below are common terms associated with bonds:a. Bond certificateb. Bond issuec. Bond indentured. Unsecured bondse. Debenture bondsf. Secured bondsg. Term bondsh. Serial bondsi. Registered bondsRequired1. For each of the following statements, identify the category above with whichit is associated. (If two statements apply, choose the category with which it ismost closely […]

  AE problem – 60 Points total   Suppose the initial conditions of the economy are characterized by the following equations in black font. We then shock the economy as shown in the red font.   1)  C = a0 + a1 (Y-T)  + a2 (WSM) + a3 (WRE) + a4 (CC) + a5 (r)   […]

FIFO Inventory Ledger DATE                                      Layer Dates  Layer QTY   Cost Per unit     Layers Bal  Inventory Balance 1/1/2009 Beginning balance 11/15/2008    1500              4                      6000                                               11/30/2008    12000           3.5                    42000                                               12/16/2008       9000          3.75                 33750                                               12/23/2008    5000            3.5                    17500                 99250   on Jan 5 received order of 5000 dvd. invoiced amount 1867.35 which included shipping and handling. Terms 2/10, n/30. Our […]

Answer the following:   1. How does the automated system improve the efficiency and timeliness of financial  statements?      2. How does the automated system enhance the relevance of the information provided?      3. How does the automated system enhance the decision making process?   Select the correct answer and show your calculations […]

.        Read the narrative for Exercise 11-24 – found on page 437 in your textbook. After you have read the Article and Narrative, prepare a response to the following Requirements: Assume that you are a business consultant hired to advise Earth Baby, Inc. (EBI) on the proposed venture from Great Deal, Inc. (GDI). Your task is […]

  Free Speech vs. Security Prepare a two- to three-page persuasive paper (excluding the title and reference page) discussing the following:   Discuss the benefits and consequences of living in a society with the right to free speech from the perspective of homeland security. State your position on the issue of curtailing free speech during […]