Advanced Products Corporation has supplied the following data from its activity-based costing system:Overhead Costs:Wages and salaries $300,000Other overhead costs 100,000Total overhead costs $400,000Activity Cost Pool Activity Measure Total ActivitySupporting direct labor Number of direct labor-hours 20,000 DLHsOrder processing Number of customer orders 400 ordersCustomer support Number of customers 200 customersOther This is an organization-sustaining activity Not applicableDistribution of Resource Consumption Across ActivitiesDirect Labor Support Order Processing Customer Support Other TotalWages and salaries 40% 30% 20% 10% 100%Other overhead costs 30% 10% 20% 40% 100%During the year, Advanced Products completed one order for a new customer, Shenzhen Enterprises. This customer did not order any other products during the year. Data Concerning the Shenzhen Enterprises Order:Units ordered 10 unitsDirect labor-hours 2 DLHs per unitSelling price $300 per unitDirect materials $180 per unitDirect labor $50 per unitRequired:1. Prepare a report showing the first-stage allocations of overhead costs to the activity cost pools.2. Compute the activity rates for the activity cost pools.(Round "Direct labor support" to 2 decimal places)3. Compute the overhead costs for the order from Shenzhen Enterprises, including customer support costs.

Assume that all of thurmond company’s sales are credit sales. it has been the practice of thurmond company to provide for uncollectible accounts expense at the rate of one-half of one percent of net credit sales. for the year 20x1 the company had net credit sales of $2,021,000 and the allowance for doubtful accounts account had a credit balance, before adjustments, of $630 as of december 31, 20x1. during 20x2, the following selected transactions occurred: jan. 20 the account of h. scott, a deceased customer who owed $325, was determined to be uncollectible and was therefore written off. mar. 16 informed that a. nettles, a customer, had been declared bankrupt. his account for $898 was written off. apr. 23 the $906 account of j. kenney & sons was written off as uncollectible. aug. 3 wrote off as uncollectible the $750 account of clarke company. oct. 20 wrote off as uncollectible the $1,130 account of g. michael associates. oct. 27 received a check for $325 from the estate of h. scott. this amount had been written off on january 20 of the current year. dec. 20 cater company paid $7,000 of the $7,500 it owed thurmond company. since cater company was going out of business, the $500 balance it still owed was deemed uncollectible and written off. required: prepare journal entries for the december 31, 20x1, and the seven 20x2 transactions on the work sheets provided at the back of this unit. then answer questions 8 and 9 on the answer sheet. t-accounts are also provided for your use in answering these questions. 8. which one of the following entries should have been made on december 31, 20x1?

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

According to this excerpt, a key part of our national security strategy is