Business, 19.02.2020 22:24 LizzieS8167

Assume that your company sells portable housing to both general contractors and the government. It sells jobs to contractors on a bid basis. A contractor asks for three bids from different manufacturers . The combination of low bid and high quality wins the job. However, jobs sold to he government are bid on a cost plus basis. This means prices is determined by adding all costs plus a profit based on cast at a specified percent. such as 10%. You observe that the amount of overhead applied to government jobs is higher than that applied to contact jobs. These allocations concern you. Write a short memo to your company's CFO outlining your concerns with overhead allocation.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 20:20

The 2016 financial statements of the new york times company reveal average shareholders’ equity attributable to controlling interest of $837,283 thousand, net operating profit after tax of $48,032 thousand, net income attributable to the new york times company of $29,068 thousand, and average net operating assets of $354,414 thousand. the company's return on net operating assets (rnoa) for the year is: select one: a. 3.5% b. 6.9% c. 13.6% d. 18.7% e. there is not enough information to calculate the ratio.

Answers: 1

Answer

Business, 21.06.2019 20:30

Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money

Answers: 1

Answer

Business, 21.06.2019 22:40

The vaska company buys a patent on january 1, year one, and agrees to pay $100,000 per year for the next five years. the first payment is made immediately, and the payments are made on each january 1 thereafter. if a reasonable annual interest rate is 8 percent, what is the recorded value of the patent? 1. $378,4252. $431,2133. $468,9504. $500,000

Answers: 3

Answer

Business, 22.06.2019 15:30

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.

Answers: 3

Answer

You know the right answer?

Assume that your company sells portable housing to both general contractors and the government. It s...

Questions