What is the equity at the end of the year
At the beginning of the yar, Logan Company's assets are $200,000 and its equity is $150,000. During the yar, assets increase $70,000 and liability increase $30,000. What is the equity at the end of the year?
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Company uses predetermined overhead (oh) rate. Beg of yr: est mfg oh $248,800. End of yr: actual direct labor hours for the yr 16,800 hrs, mfg oh for the year was underapplied by $17000. Actual mfg oh was $243,800. Predetermined oh rate was?
Company uses predetermined overhead (OH) rate in applying OH to production orders. Dept A on labor cost basis and Dept B on machine hrs basis. Beg of yr.
You are considering two options for producing a product that will sell for $100.Option #1 will have variable cost $50, and a fixed cost of $60,000.
Buchanan Co. recently was sued by a competitor for patent infringement. Attorneys have determined that it is probable that Buchanan will lose the case and that a reasonable estimate of damages to be paid by Buchanan.
Compensated Absences Mathewson Company began operations on January 2, 2010. It employs 9 individuals who work 8-hour days and are paid hourly.
Computing and journalizing standard cost variances Java manfactures coffee mugs that it sells to other companies for customizing with their own logos.
Svetlana Pace is the advertising manager for Bargain Shoe Store. She is currently working on a major promotional campaign.
Stephen Colbert was employed as a Vice President of Finance with a large national consulting firm based in Hollywood, CA. Stephen was well paid for his efforts but many of the consultants were paid more than he was.
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