Knowledge check 01 denny corporation sales $ 9,000 direct costs: direct materials $ 1,800 direct labor $ 1,350 activity cost pools total cost machine-setups $ 20,000 special processing 150,000 general factory 200,000 total overhead costs $ 370,000 overhead cost for denny corporation activity cost pool (a) activity rate (b) activity (a) × (b) abc cost machine-setups $ 100 setups 20 setups $ 2,000 special processing $ 15 per machine-hour 50 mhs 750 general factory $ 10 per direct labor-hour 400 direct labor-hours 4,000 total overhead cost assigned to customer $ 6,750 what is the customer margin for denny corporation? what conclusion can you draw from this information? $(900), further analysis is required. $5,850, this is a highly profitable customer. $1,850, this is a marginally profitable customer. $(3,900), the customer should be dropped immediately.

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inv entory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a. prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price. b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?

As a general rule, when accountants calculate profit they account for explicit costs but usually ignorea. certain outlays of money by the firm. b. implicit costs. c. operating costs. d. fixed costs.