Plough company reported net income of $180,000 for the current year. depreciation recorded on buildings and equipment amounted to $80,000 for the year. balances of the current asset and current liability accounts at the beginning and end of the year are as follows: end of year beginning of year cash $20,000 $15,000 accounts receivable 24,000 32,000 inventory 50,000 65,000 prepaid expenses 9,500 5,000 accounts payable 12,000 18,000 income taxes payable 1,600 1,200 prepare the cash flows from the operating activities section of the statement of cash flows using the indirect

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.