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2. A formula begins with an equals sign (=) and can consist of any of the fol
Name:
Instructor
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Chapter 2
Continuing Pa
Excel Instructions using Excel 2010 or 2013:
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2. A formula begins with an equals sign (=) and can consist of any of the fol
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Chapter 2
Continuing Pa
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Instructor
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Chapter 2
Continuing Pa
Excel Instructions using Excel 2010 or 2013:
1. Enter the appropriate numbers/formulas in the shaded (gray) cells. An asterisk (*) will appear to the right of an incorrect answe
2. A formula begins with an equals sign (=) and can consist of any of the fol
Excel Instructions using Excel 2010 or 2013:
1. Enter the appropriate numbers/formulas in the shaded (gray) cells. An asterisk (*) will appear to the right of an incorrect answe
2. A formula begins with an equals sign (=) and can consist of any of the fol
Excel Instructions using Excel 2010 or 2013:
1. Enter the appropriate numbers/formulas in the shaded (gray) cells. An asterisk (*) will appear to the right of an incorrect answe
2. A formula begins with an equals sign (=) and can consist of any of the fol
Excel Instructions using Excel 2010 or 2013:
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2. A formula begins with an equals sign (=) and can consist of any of the fol
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39B
Haggerty Company
OASDI
Annual
Taxable
Salary
Wages
Employee
Stern, Myra
$
HI
Taxable
Wages
OASDI
Tax
HI
Tax
42,1
1
Chapter 13
CHAPTER 13
RESPONSIBILITY ACCOUNTING, SUPPORT DEPARTMENT
ALLOCATIONS, AND TRANSFERPRICING
QUESTIONS
5. The four criteria (benefits received, causation, equity, and abilitytobear)
are all relevant to making support department allocations and
Chapter 7 Homework Problems
19. LO. 3 ( DM & DL variances)
NatureWay produces 100 percent cotton T shirts, with the following standard direct material and
labor quantities and costs:
Direct material
2.0 yards X $3.00
Direct labor
0.7 hour X $2.50
Actual
ACC 3510
Chapter 2: Homework questions
P 21 Halogen Laminated Products Company began business on January 1, 2016. During
January, the following transactions occurred:
Jan.1Issued common stock in exchange for $100,000 cash.
2Purchased inventory on account
XYZ Company
Maintenance Cost Allocation Analysis
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.5743
R Square
0.3298
Adjusted R Square
0.2994
Standard Error
3423.8860
Observations
24
ANOVA
df
Regression
Residual
Total
Intercept
X Variable 1
variable
Fi
Michelle Carr
ACC 3510
Chapter 1: Homework questions
E 11 Listed below are several transactions that took place during the first two years of
operations for the law firm of Pete, Pete, and Roy.
In addition, you learn that the company incurred utility cost
Michelle Carr
ACC 3510
Chapter 21: Homework questions
E 2121 The income statement and a schedule reconciling cash flows from operating activities
to net income are provided below ($ in 000s) for Peach Computers.
Required:
1. Calculate each of the followin
Best Brew Corporation manufactures two brands of beer: Regular and Extra Rich. Below is the current year production data for the compan
Regular
Regular Extra Rich
Direct material in pounds
225,000
110,000
Direct labor hours
45,000
65,000
Machine hours
36,
ACC 3510: Intermediate Accounting: Exam I Review
Section One: Multiple choice
1. Of the following, the most important objective for financial reporting is to provide information
useful for:
A) Predicting cash flows.
B) Determining taxable income.
C) Provi
Best Brew Corporation manufactures two brands of beer: Regular and Extra Rich. Below is the current year production data for the compan
Regular
Regular Extra Rich
Direct material in pounds
225,000
110,000
Direct labor hours
45,000
65,000
Machine hours
36,
ACC 121
Match the following 5 account classifications to the proper definition.
a. Asset
b. Liability
c. Equity
d. Revenue
e. Expense
Something to do with the Owner's Investment
A cost incurred by the business while doing normal business
Something the bus
Sheet1
December 31, 2015
Accounts Receivable
Age of Accounts
Receivable
Expected Percent
Uncollected
$396,400
Not yet due
2.00%
$277,800
1 to 30 days past due
4.00%
$48,000
3160 days past due
8.50%
$6,600
6190 days past due
39.00%
$2,800
Over 90 days pa
General Journal
Date
Account Title &Transaction Description
PR
Debit
Cash
101
45,000
Computer Equipment
167
20,000
Office Equipment
163
8,000
Credit
2015
Oct 01
S. Rey, Capital
Oct 02
Prepaid Rent
Cash
Oct 03
Computer Supplies
Accounts Payable
Oct 05
Prep
General Journal
Date
Account Title &Transaction Description
PR
Debit
Cash
101
45,000
Computer Equipment
167
20,000
Office Equipment
163
8,000
Credit
2015
Oct 01
S. Rey, Capital
Oct 02
Prepaid Rent
Cash
Oct 03
Computer Supplies
Accounts Payable
Oct 05
Prep
Chapter 8
Bank Reconciliation Format 1
Bank Statement Balance
Add
$67,566
Deposits in Transit
Bank erroneously cleared check
Book Balance
Add
Collections not Recorded
Interest earned
$68,057
$33
$500
$68,066
Deduct
$33
$68,090
Deduct
Outstanding Checks
$1
Chapter 6
Special Problem
The Breeze Trading Company discloses the following information for August 2015.
Date
1Aug
10Aug
11Aug
15Aug
20Aug
27Aug
Description
Beginning Inventory
Sales
Purchases
Sales
Purchases
Sales
Units
600
400
1,600
1,000
1,000
6
Chapter 10
Depreciation Schedule Format
Name: Emily Kane
Straight Line Depreciation Schedule
Year
Beginning Book
Value
Depreciation
Expense
Accumulated
Depreciation
Ending Book
Value
1
$28,000



2
$28,000
$4,000
$4,000
$24,000
3
$24,000
$4,000
$8,000