Comprehensive Problem II Worth 50 points
Performance Products Corporation makes two products, Titanium Rims and Posts. Data regarding
the two products is provided in the following table:
Direct Labor Hours per Unit
Comprehensive Problem III
When submitting the completed project, it should include:
1. Please show all work and number each answer accordingly.
2. Round all answers to two decimal places.
Part I Use CVP to Plan Profits (worth a total of 21 points 3 point
Portfolio Income: Interest and Dividends
Interest from bonds CDs, savings accounts
l Interest income is ordinary income taxed at ordinary
rate unless it is municipal bond interest
l Municipal bond int
Department of the TreasuryInternal Revenue Service
U.S. Individual Income Tax Return
For the year Jan. 1Dec. 31, 2011, or other tax year beginning
OMB No. 1545-0074
, 2011, ending
IRS Use OnlyDo not write or staple in this space.
Chapter 2 - Tax Compliance, the IRS, and Tax Authorities
Tax Compliance, the IRS, and Tax Authorities
[LO1] Name three factors that determine whether a taxpayer is required to file a
Brilliant Accents Company
Projected sales in units
PER UNIT data:
Operating Profit per unit
The activity-cost-driver rate
Units Per Batch
Bond Amortization Schedule
Stated Interest Rate
# Compounding Periods per year
Effective Int Rate
Calculation of Interest Revenue/Expense:
Carrying Amount of Bonds
Chapter 2 Concepts
central nervous system (CNS)
peripheral nervous system (PNS)
somatic nervous system
autonomic [aw-tuh-NAHM-ik] nervous
Comprehensive Problem I Worth 50 points
Part I Worth 24 points
The Collins Company uses a job-order costing system and applies manufacturing overhead cost to jobs on
the basis of the cost of materials used in production. At the beginning of the most recen
Project #3 - Budgeting
1) Provide a comprehensive budgeting experience.
2) Exhibit the use of Excel in creating a master budget.
3) Utilize the project to perform sensitivity analysis.
1) Understanding of the inter-