Harding Company Accounts payable $40,000 Accounts receiv…

Harding Company Accounts payable $40,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 110,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 30,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 What is the amount of quick assets?

Thomlin Company forecasts that total overhead for the curren…

Thomlin Company forecasts that total overhead for the current year will be $11,004,000 with 160,000 total machine hours. Year to date, the actual overhead is $7,579,000 and the actual machine hours are 80,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours.

Waterfield Company is looking for a way to help its executiv…

Waterfield Company is looking for a way to help its executive managers assess how its three divisions are meeting the company’s goals and objectives for the performance of its purchasing department. Which of the following metrics might be used for this purpose?

Department G had 2,280 units 25% completed at the beginning…

Department G had 2,280 units 25% completed at the beginning of the period, 12,000 units were completed during the period, 1,900 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: Work in process, beginning of period $27,100 Costs added during period:   Direct materials (11,620 units at $8) 92,960   Direct labor 79,800   Factory overhead 26,600 All direct materials are placed in process at the beginning of production and the first-in, first-out method of inventory costing is used. The total cost of 2,280 units of beginning inventory which were completed during the period is (do not round unit cost calculations)