Entries by mary WAMBUGU

Standward Company’s shareholders’ equity section balance sheet at December 31, 2016 is shown below. Preferred shares Authorized—100 shares Issued and outstanding—55 shares $2,145

Standward Company’s shareholders’ equity section balance sheet at December 31, 2016 is shown below. Preferred shares Authorized—100 shares Issued and outstanding—55 shares $2,145. Common shares Authorized—900 shares Issued and outstanding—600 shares $1,010. Retained earnings $450. Total shareholders’ equity $3,605. 2. If shareholders’ equity increased $11,000 and assets decreased $5,000, what was the change in total liabilities? […]

 

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Please post a tax article (cited and recent), summarize and explain why the article is interesting and relevant to the Federal Income Tax 1 class.

Please post a tax article (cited and recent), summarize and explain why the article is interesting and relevant to the Federal Income Tax 1 class. To earn full credit the article needs to be cited and good details given and explained.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon […]

 

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The budget for the month of May calls for 7,400 direct labor hours to be worked. Budget overhead is $88,000. Over head is applied based on actual hours worked.

The budget for the month of May calls for 7,400 direct labor hours to be worked. Budget overhead is $88,000.  Over head is applied based on actual hours worked. Actual hours were 7,290 and actual overhead spending was $88,000. What was the underapplied or overapplied ovrhed for the month of May.   Looking for a […]

 

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Apollo Manufacturing produces a basic cellphone as a contract manufacturer. Overhead is applied at a rate of 13(196 of direct labor cost.

Q Apollo Manufacturing produces a basic cellphone as a contract manufacturer. Overhead is applied at a rate of 13(196 of direct labor cost. The direct labor rate is $33 per hour. In March. there was no beginning or ending work in process. and the assemhl’g.r department produced 62,000 finished phones. The materials cost was 5295,0130, […]

 

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