Prepare a 2018 balance sheet for rogers corp. based on the following information: cash = $129,000; patents and copyrights = $630,000; accounts payable = $211,000; accounts receivable = $125,000; tangible net fixed assets = $1,625,000; inventory = $294,000; notes payable = $170,000; accumulated retained earnings = $1,274,000; long-term debt = $847,000. (be sure to list the accounts in order of their liquidity. do not round intermediate calculations.)

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

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.

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.