Flawless cosmetic company manufactures and distributes several different products. the company currently uses a plantwide allocation method for allocating overhead at a rate of $6 per direct labor hour. loren is the department manager of the makeup department which produces products – concealer (c) and glow cream (gc). jennifer is the department manager of the hair care department which manufactures product – shampoo (s). the product costs (per case of 24 bottles) and other information are as follows: products c gc s direct materials $ 90.00 $ 80.00 $ 42.00 direct labor 50.00 30.00 15.00 overhead 20.00 25.00 17.00 $160.00 $135.00 $74.00 machine hours 5 3 4 number of cases (per year) 350 550 650 if flawless changes its allocation basis to machine hours, what is the total product cost per case for product gc? a. $166.80 b. $156.20 c. $150.90 d. $125.90

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c. prepaidrent. onseptember1ofthecurrentyear, thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?

Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i. e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35