On june 30, 2017, wisconsin, inc., issued $300,000 in debt and 15,000 new shares of its $10 par value stock to badger company owners in exchange for all of the outstanding shares of that company. wisconsin shares had a fair value of $40 per share. prior to the combination, the financial statements for wisconsin and badger for the six-month period ending june 30, 2017, were as follows: wisconsin badger revenues $ (900,000 ) $ (300,000 ) expenses 660,000 200,000 net income $ (240,000 ) $ (100,000 ) retained earnings, 1/1 $ (800,000 ) $ (200,000 ) net income (240,000 ) (100,000 ) dividends declared 90,000 0 retained earnings, 6/30 $ (950,000 ) $ (300,000 ) cash $ 80,000 $ 110,000 receivables and inventory 400,000 170,000 patented technology (net) 900,000 300,000 equipment (net) 700,000 600,000 total assets $ 2,080,000 $ 1,180,000 liabilities $ (500,000 ) $ (410,000 ) common stock (360,000 ) (200,000 ) additional paid-in capital (270,000 ) (270,000 ) retained earnings (950,000 ) (300,000 ) total liabilities and equities $ (2,080,000 ) $ (1,180,000 ) wisconsin also paid $30,000 to a broker for arranging the transaction. in addition, wisconsin paid $40,000 in stock issuance costs. badger’s equipment was actually worth $700,000, but its patented technology was valued at only $280,000. what are the consolidated balances for the following accounts?

what are the consolidated balances for the following accounts? (input all amounts as positivevalues)accountsamountsa. net income.210,000b. retained earnings, 1/1/17.800,000c. patented technology.1,180,000d. goodwill.50,000e. liabilities.1,210,000f. common stock.510,000g. additional paid­in capital.680,000references

Universal containers(us) has an integration with its accounting system that creates tens of thousands of orders inside salesforce in a nightly batch. us wants to add automation that can attempt to match leads and contacts to these orders using the email address field on the insert. us is concerned about the performance of the automation with a large data volume. which tool should uc use to automate this process?

Zachary company produces commercial gardening equipment. since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. the costs and cost drivers associated with the four overhead activity cost pools follow: activities unit level batch level product level facility level cost $ 64,800 $ 27,730 $ 15,000 $ 154,000 cost driver 2,400 labor hrs. 47 setups percentage of use 11,000 units production of 780 sets of cutting shears, one of the company’s 20 products, took 240 labor hours and 7 setups and consumed 15 percent of the product-sustaining activities. required: (a) had the company used labor hours as a company wide allocation base, how much overhead would it have allocated to the cutting shears? (b) how much overhead is allocated to the cutting shears using activity-based costing? (c) compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 780 units are produced. if direct product costs are $150 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? (d) assuming that activity-based costing provides a more accurate estimate of cost, indicate whether the cutting shears would be over- or underpriced if direct labor hours are used as an allocation base. explain how over-or undercosting can affect vaulker's profitability. (e) comment on the validity of using the allocated facility-level cost in the pricing decision. should other costs be considered in a cost- plus pricing decision? if so, which ones? what costs would you include if you were trying to decide whether to accept a special order?

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below. a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below. a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02