The three service departments (indirect costs) are payroll, sales supervision and maintenance.

the actual costs of these service departments are as follows:

payroll sales supervision maintenance

salaries and wages $41,000 $80,000 $52,000
office supplies $3,500 $1,600 $400
supplies 0 $2,400 $7,500

the two operating departments and their statistics are as follows:

square footage number of employees net assets
machining 14,500 78 $ 420,000
assembly 4,600 52 $ 280,000

if you allocate payroll department costs by number of employees then how much payroll cost is allocated to the machining department?

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false