1. Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $276‚100 for the year‚ and machine usage is estimated at 125‚500 hours. For the year‚ $291‚988 of overhead costs are incurred and 130‚200 hours are used. Compute the manufacturing overhead rate for the year. (Round answers to 2 decimal places‚ e.g. 1.25.) Manufacturing overhead rate $ 2.20 per machine hour Answer: Manufacturing Overhead Rate = Estimated Overhead ÷ Estimated
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is that the personal assets of the partners are protected from creditors in case of legal action- False 2. A partnership is considered an “entity” for accounting purposes- True 3. “Mutual agency” means that one partner can legally bind all the other partners to a contract if it appears that he or she is acting appropriately- True 4. Partners are taxed on their drawings regardless of their share of the income. False 5. If a partnership agreement is silent regard to how profits and
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KRISTEN ’S COOKIE COMPANY (A1) The overview of the process: QUESTION 1 If we make a table‚ we can see that the minimum time to fill a rush order is 26 minutes. ACTIVITY RESOURCE TIME START TIME FINISH TIME Order Entry E-mail 0 minutes 00:00 00:00 Wash Bowl‚ Mix Self 6 minutes 00:00 00:06 Fill Tray Self 2 minutes 00:06 00:08 Start Oven Roommate 1 minute 00:08 00:09 Baking Oven 9 minutes 00:09 00:18 Remove Roommate 0 minutes 00:18 00:18 Cool None 5 minutes 00:18 00:23
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Nimo Lorenzo ACCTG 117 Payroll Accounting Management Monday Morning Class 02/04/2014 Matching Quiz 1. B 2. D 3. F 4. A 5. H 6. I 7. J 8. C 9. E 10. G Questions for Review 1. The Department of Labor enforces the Fair Labor Act which sets the basic federal minimum wage at $ 7.25 per hour and for the state of California’s minimum wage is $ 8.00 per hour. 2. The information that needs to be maintained by FLSA concerning employees’ wages earned is data about hours worked. 3. An employer
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1. Because adjusting entries assure that the balance sheet and income statement are up to date based on the accrual base of accounting and need to balance out the accounts based on when things are actually earned‚ Starbucks might record adjusting entries for asset accounts including: Cash and cash equivalents Accounts receivable Inventories Prepaid expenses/current assets Deferred income taxes Plant and equipment Other assets Goodwill 2. Starbucks might record adjusting entries for liability
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Case Projects 4-2 An inventory specialist in the Manufacturing and Operations Department needs to determine what file systems are mounted on his Linux computer because he is not sure that the DVD/CD-ROM drive is properly mounted. Explain the steps he should use to determine the mounted file systems‚ and also note which file system should be mounted for the DVD/CD-ROM. To determine what file systems are mounted on his Linux computer‚ first he must access the command prompt or open a terminal window
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Recommendations Mr. Guillen had to decrease the percentage of scratch users in Canada (61%) to that in the United States (49%) in view of similarities in consumer demographics and family structure. As stated above‚ the study had revealed that the quality of cookie dough or flavors offered were not valued as highly in Canada as in the United States. It was interesting that even Mr. Guillen himself questioned if there was a taste or formula issue. The first step that GMCC should do was to ensure the refrigerated
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If the Martian Chronicles had been written in the 1999’s instead of fifty years ago‚ many issues and problems would change. Ray Bradbury wrote his book in 1946. In it he wrote about problems such as censorship‚ man’s cruelty to man‚ and loneliness. Each issue shows up in one or two of his chronicles. All of his issues affect every one of his characters in many different ways. Censorship is a main problem or issue today‚ and in the book it shows up in one of his chronicles‚ "Usher II". In
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Gatsby Chapter 4 essay How does Fitzgerald tell the story in Chapter 4? Throughout the chapter Fitzgerald uses a variety of different disciplines to tell the story of Gatsby‚ Nick and the other characters. In chapter 4‚ Fitzgerald uses narrative voice to portray Gatsby’s mysterious nature. Gatsby’s description of his background to Nick is a daunting puzzle—though he rattles off a seemingly far-fetched account of his grand upbringing and heroic exploits‚ he produces what appears to be proof
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CHAPTER 4: Communicating through Nonverbal Behaviors Chapter Overview - This chapter begins with the learning outcome summaries and terms covered in the chapter‚ followed by a set of lesson plans for you to use to deliver the content in Chapter 4. • Learning Outcomes • Key Terms • Lesson Plan for Lecture • Lesson Plan for Group Work • Video Materials • Student Assignments • Supplementary Student Assignments • Test Bank Materials Learning Outcomes
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