The cline company is a real estate consulting firm that works with corporations to relocate employees. in may, sandra palmer, an engineer with the gp corporation, used the services of the cline company to coordinate a move from atlanta, georgia, to singapore. cline assigned the number palmergp2014 to this job. cline charges $150 per hour and allocates overhead at 50% of direct labor costs. what cost is on the palmer gp2014 job cost sheet for may, assuming the job is not yet complete and cline also dedicated 25 direct labor hours to palmer gp2014 at the end of april?

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are:

When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?

The petty cash fund has a current balance of $ 350, which is the established fund balance. based on activity in the fund, it is determined that the balance needs to be changed to $ 450. which journal entry is needed to make this change?