Kahle company has two support departments: purchasing and payroll. the purchasing department expense is $500,000 to process 50,000 purchase requisitions, which are the cost driver for the department. the payroll department expense is $300,000 to process 25,000 payroll checks, which are the cost driver for the department. the assembly department has 50 employees and required the issuance of 1,300 payroll checks for the year. how much of the payroll department's cost is allocated to the assembly department?
a. $20,800
b. $15,600
c. $13,000
d. $1,300
feedback: incorrect. the allocation rate is $300,000 ÷ 25,000 = $12. $12 × 1,300 payroll checks issued to assembly = $15,600 to be allocated to the assembly department.

On june 1 of the current year, chad wilson established a business to manage rental property. he completed the following transactions during june: opened a business bank account with a deposit of $28,000 from personal funds. purchased office supplies on account, $2,690. received cash from fees earned for managing rental property, $7,390. paid rent on office and equipment for the month, $3,310. paid creditors on account, $1,230. billed customers for fees earned for managing rental property, $6,130. paid automobile expenses (including rental charges) for the month, $740, and miscellaneous expenses, $370. paid office salaries, $2,330. determined that the cost of supplies on hand was $1,590; therefore, the cost of supplies used was $1,100. withdrew cash for personal use, $2,210. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300) answer

James has set the goal of achieving all "a"s during this year of school.which term best describes this goal

Bayside coatings company purchased waterproofing equipment on january 2, 20y4, for $190,000. the equipment was expected to have a useful life of four years and a residual value of $9,000. instructions: determine the amount of depreciation expense for the years ended december 31, 20y4, 20y5, 20y6, and 20y7, by (a) the straight-line method and (b) the double-declining-balance method. also determine the total depreciation expense for the four years by each method. depreciation expense year straight-line method double-declining-balance method 20y4 $ $ 20y5 20y6 20y7 total $