Jing company was started on january 1, year 1 when it issued common stock for $28,000 cash. also, on january 1, year 1 the company purchased office equipment that cost $15,200 cash. the equipment was delivered under terms fob shipping point, and transportation cost was $1300. the equipment had a five-year useful life and a $5700 expected salvage value. assume that jing company earned $17,400 cash revenue and incurred $11,000 in cash expenses in year 3. using straight-line depreciation and assuming that the office equipment was sold on december 31, year 3 for $8900, the amount of net income or (loss) appearing on the december 31, year 3 income statement would be:

In a team environment, a coordinator is? a person with expert knowledge or skills in a particular area the team needs. a good listener who works to resolve social problems among teammates. a leader who team members focus on their tasks. a good networker who likes to explore new ideas and possiblities.

Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting

crow design, inc. is a web site design and consulting firm. the firm uses a job order costing system in which each client is a different job. crow design assigns direct labor, licensing costs, and travel costs directly to each job. it allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. direct labor hours (professional) 6,250 hours direct labor costs ($1,800,000 support staff salaries ,000 computer ,000 office ,000 office ,000 in november 2012, crow design served several clients. records for two clients appear here: delicious treats mesilla chocolates direct labor 700 hours 100 hours software licensing $ 4,000 $400 travel costs 8,000 1. compute crow design’s direct labor rate and its predetermined indirect cost allocation rate for 2012. 2. compute the total cost of each job. 3. if simone wants to earn profits equal to 50% of service revenue, how much (what fee) should she charge each of these two clients? 4. why does crow design assign costs to jobs?