Augusta, inc., expects manufacturing and sales of 70,000 units of product maggie, its only product, to occur evenly over a 10-week period. augusta pays for materials in the week following use. the balance of accounts payable for materials at the beginning of the 10-week period is $40,000. there are no beginning inventories. the fol­lowing information pertains to product maggie for the 10-week period: sales price $11 per unit materials $3 per unit manufacturing conversion costs—fixed $210,000 variable $2 per unit selling and administrative costs—fixed $45,000 variable $1 per unit a special order for 4,000 units would cause a loss of 1,000 regular sales. all cost relationships are unchanged. if the special order is accepted, what minimum amount of revenue must be generated from the special order so that net income is not reduced?

On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u. s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u. s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u. s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u. s. gaap balances to ifrs.