Frinut Company estimates the following overhead costs for the coming year: Equipment depreciation $250,000 Equipment maintenance 50,000 Supervisory salaries 20,000 Factory rent 100,000 Total $420,000 Frinut budgeted $600,000 in direct labor costs and 14,000 machine hours for the coming year. (a) Incorrect answer iconYour answer is incorrect. Calculate the predetermined overhead rate using direct labor costs as the allocation base. (Round answer to 2 decimal places, e. g. 15.25.) Predetermined overhead rate $enter the predetermined overhead rate in dollars per direct labor 1.7 per direct labor Attempts: 1 of 1 used (b) Incorrect answer iconYour answer is incorrect. Calculate the predetermined overhead rate using machine hours as the allocation base. (Round answer to 2 decimal places, e. g. 15.25.) Predetermined overhead rate $enter the predetermined overhead rate in dollars per machine hour 72.86 per machine hour

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.

What legislation increased the ability for federal authorities to tap telephones and wireless devices, tightened the enforcement of money laundering activities, as well as broadened powers toward acts of terrorism and acts such as drug trafficking?