Pavlovich Prosthetics Company produces artificial limbs for individuals. Each prosthetic is unique. On January 1, three jobs, identified by the name of the person being fitted with prosthetic, were in process with the following cost: CarterPelhamTillson
Direct materials$210$615$1,290
Direct labor4407001,260
Applied overhead3745951.071
Total$1,024$1,910$3,621
During the month of January, two more jobs were started, Jasper and Dashell. Materials and labor costs incurred by each job in January are as follows:
MaterialsDirect Labor
Carter$600$300
Pelham550200
Tillson770240
Jasper2,1302,100
Dashell190240
Tillson and Jasper's prosthetics were completd and sold by January 31.
1. If overhead is applied on the basis of direct labor dollars, what is the overhead rate?
2. Prepare simple job-order cost sheet for each of the five jobs in process during January.
3. What is the ending balance of Work in Process on January 31? What is the Cost of Goods Sold in January?
4. Suppose that Pavlovich Prosthetic Company prices its job at cost plus 30%. In addition, during January. marketing and administrative expeses of $2,635 were incurred. Prepare an income statement for the month of January.

Lo.2, 3, 9 lori, who is single, purchased 5-years class property for $200,00 and 7-years class property for $420,000 on may 20, 2018. lori experts the taxable income derived form the business (without regard to the amount expensed under ⧠179) to be about $550,000. lori has determined that she should elect immediate ⧠179 expensing in the amount of $520,000, but she doesn’t know which asset she should completely expense under ⧠179. she does not claim any available additional first-year depreciation. a. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 5-year class asset. b. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 7-year class asset. c. what is your advice for lori? d. assume that lori is in the 24% marginal tax bracket and that she uses ⧠179 on the 7-year asset. determine the present value of the tax savings from the depreciation deductions for both assets. see appendix g for present value factors, and assume a 6% discount rate. e. assume the same facts as in part (d), except that lori decides not to use ⧠179 on either asset. determine the present value of the tax savings under this choice. in addition, determine which option lori should choose. f. present your solution to parts (d) and (e) of the problem in a spreadsheet using appropriate microsoft excel formulas. e-mail your spreadsheet to your instructor with a two-paragraph summary of your findings.

How much of your paycheck do you have immediate access to once you deposit it into your bank account a. all of it b. a portion of it c. none of it

Opportunity cost is calculated by which of the following? a. adding the value of all lost opportunities. b. subtracting all costs from the total benefit. c. calculating the cost of time, energy, and sacrifice. d. finding the value of the best option that is not chosen.