Larner corporation is a diversified manufacturer of industrial goods. the company's activity-based costing system contains the following six activity cost pools and activity rates: activity cost pool activity rates labor-related $ 7.00 per direct labor-hour machine-related $ 3.00 per machine-hour machine setups $ 40.00 per setup production orders $ 160.00 per order shipments $ 120.00 per shipment general factory $ 4.00 per direct labor-hour cost and activity data have been supplied for the following products: j78 b52 direct materials cost per unit $ 6.50 $ 31.00 direct labor cost per unit $ 3.75 $ 6.00 number of units produced per year 4,000 100 total expected activity j78 b52 direct labor-hours 1,000 40 machine-hours 3,200 30 machine setups 5 1 production orders 5 1 shipments 10 1 required: compute the unit product cost of each product listed above.

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)