Mario Cars Pte Ltd has the following ledger balances as at 30 April 20X3: Office Furniture $270,000
Accumulated Depreciation - Office Furniture 125,000

On 1 July 20X3, the company purchased a set of furniture for $77,000 from Furniture Store and payment was made by cheque.

The company's depreciation policy for office furniture is to provide 20% per annum based on cost. It is the company's policy to provide a full year's depreciation in the year of purchase.

Required:
(a) Prepare the following ledgers for the year ended 30 April 20X4:
i. Office Furniture account.
ii. Accumulated Depreciation - Office Furniture account.​

Which of the following results from outsourcing jobs from the united states to other countries? a. increasing exports out the united states. b. lower wages for u. s. workers. c. reduced immigration to the united states. d. subsidies for goods made in the united states. 2b2t

Sara bought 12 3/4 cakes sara's friends ate 3/8 how much cake is left

White company has two departments, cutting and finishing. the company uses a job-order costing system and computes a predetermined overhead rate in each department. the cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labor-hours. at the beginning of the year, the company made the following estimates: department cutting finishing direct labor-hours 6,000 30,000 machine-hours 48,000 5,000 total fixed manufacturing overhead cost $ 264,000 $ 366,000 variable manufacturing overhead per machine-hour $ 2.00 " variable manufacturing overhead per direct labor-hour " $ 4.00 required: 1. compute the predetermined overhead rate for each department. 2. the job cost sheet for job 203, which was started and completed during the year, showed the following: department cutting finishing direct labor-hours 6 20 machine-hours 80 4 direct materials $ 500 $ 310 direct labor cost $ 108 $ 360 using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to job 203. 3. would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates?