Category Archives:
Essay Writing Help

Putting a Spin on Cash Flows Compare and contrast the balance sheet, income statement, and cash flow statement. (Note that to compare and contrast these three tools, you will need to define each of them). Then, in your textbook, review the Real World case, focusing on “Putting a Spin on Cash Flows,” on page 32. […]

Activity Based Overhead, 3 Cost Pools A company usesan activity based overhead allocation system, with three cost pools and drivers. Budgeted costs and drivers information for 2013 are as follows: Cost pool 1 Cost pool 2 Cost pool 3 Budgeted Costs 103,000 57,000 31,000 Cost Drivers Activity Based Overhead, 3 Cost Pools   Total 156,400 […]

Alternative Views in Macroeconomics When Bill Clinton took office in January 1993, he faced two major economic problems: a large federal budget deficit and high unemployment resulting from a very slow recovery from the recession of 1990 to 1991. In his first state of the union message, the president called for spending cuts and substantial […]

weighted average A company uses a process cost accounting system and the weighted-average method. The following info is available for its current year: Goods in process, Jan 1 2008….5,500 units, 80% complete Goods in process, Dec 31, 2008…..8,800 units, 40% complete weighted average   Units completed and transferred to finished goods……46,900 units Manufacturing costs durring […]

Accounting II – Payback Period, Accounting Rate of Return, and Net Present Value Most Company has an opportunity to invest in one of two new projects. Project Y requires a $305,000 investment for new machinery with a six-year life and no salvage value. Project Z requires a $305,000 investment for new machinery with a five-year […]

bond pricing Assume that you are considering the purchase of a $1,000 par value bond that pays $70 each six months and has 10 years before it matures. If you buy this bond today, you expect to hold it for 5 years and then sell it in the secondary market. You (and other investors) currently […]

Managerial Accounting: Standard Costs and Variances I am assigned a homework problem to do, but I am completely lost…I could really use some help please! On the whole thing.. Here it is: Bronfenbrenner Co. uses a standard cost system for its single product in which variable overhead is applied on the basis of direct labor […]

Accounting 201 Farmington Company incurred the following indirect costs in March: Indirect labor cost $30,000 Depreciation expense on equipment 40,000 Marketing expense 25,000 Data for cost allocation is as follows: Departments A B C Sales revenue $50,000 $40,000 $30,000 Indirect labor hours 300 200 600 Machine hours 350 450 200 Building-square feet 9,000 10,000 6,000 […]

HELP ASAP Decision Inputs (Data) Cost Structure Alternative #1 Cost Structure Alternative #2 Delivery price (i.e., revenue) per package $60 $60 Variable cost per package delivered $48 $30 Contribution margin per unit $12 $30 Fixed costs (per year) $600,000 $3,000,000 (1) Assume that for the coming year total fixed costs are expected to increase by […]

Posting to General Journal During December, the company completed the following summary transactions. Dec. 6 Paid $1,600 for salaries due employees, of which $600 is for December and $1,000 is for November salaries payable. Dec. 8 Received $1,900 cash from customers in payment of account (no discount allowed). Dec. 10 Sold merchandise for cash $6,300. […]