The Tracker Company forecasts that total overhead for the cu…

The Tracker Company forecasts that total overhead for the current year will be $14,500,000 with 250,000 total machine hours. Year to date, the actual overhead is $16,000,000 and the actual machine hours are 330,000 hours. The predetermined overhead rate based on machine hours is

The Tracker Company forecasts that total overhead for the cu…

The Tracker Company forecasts that total overhead for the current year will be $14,500,000 with 250,000 total machine hours. Year to date, the actual overhead is $16,000,000 and the actual machine hours are 330,000 hours. As of this point in time (year to date), Tracker’s overhead is

On January 1, Marble Company obtained a $55,000, 4-year, 5%…

On January 1, Marble Company obtained a $55,000, 4-year, 5% installment note from Ameribank. The note requires annual payments consisting of principal and interest of $14,772, beginning on December 31 of the current year. The December 31, Year 1 carrying amount in the amortization table for this installment note will be equal to:

On January 15, 2014, Julliard Corp. purchased 150,000 shares…

On January 15, 2014, Julliard Corp. purchased 150,000 shares of Yale Inc. directly from one of the founders for a price of $30 per share. Yale has 600,000 shares outstanding, including the Julliard shares.  On July 5, 2014, Yale paid $350,000 in total dividends to its shareholders. On December 31, 2014, Yale reported a net income of $875,000 for the year. Julliard uses the equity method in accounting for its investment in Yale. what was the purchase price Julliard paid for Yale?