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SLP. Lewis Company Special Order Decision.

I need help developing this SLP. Also I attached the previous one just in case is need it to develop this one since it looks like it is a continuation from the previous one.

Functions and Operations of Investment Banks

Need to examine the functions & operations of investment banks in the U.S. economy and discuss two financial services provided by investment banks. Identify two types of securities that investment bank syndicates sell high, globally. Is it beneficial to search for the best available investment bank or should a firm stay loyal

Accounting Assistance

1. What is meant by the net realizable value for accounts receivable? 2. What is aging of accounts receivable, and how is it used to account for uncollectible accounts? 3. How is the accounts receivable turnover computed? What information does this ratio provide? 4. Describe what is meant by the term "goodwill." 5.

Politics and Economic Growth

I'm just looking for someone's opinion on the following question: The third and fourth year of presidential terms have higher average rates of real growth than the first and second years. Do you think this is a coincidence or is it a reflection of political reality that politicians are more concerned about re-election than ab

corporate taxation

1.Can the sec 1244 stock be preferred stock? 2.How low can the S corp owner set his own salary? 3.How are distributions taxed under an S corp? 4.Can an S corp owner forgo a salary for a distribution? 5.Is rental income considered active income? 6.How are C corporations different from and similar to S corporations? 7.Descri

Glen and Michael are equal partners in Trout Enterprises

Glen and Michael are equal partners in Trout Enterprises, a calendar year partnership. During the year, Trout Enterprises had gross income of $400,000 and operating expenses of $220,000. In addition, the partnership sold land that had been held for investment purposes for a long-term capital gain of $100,000. During the year, Gl

Jordana Woolens: Accounting Problems

18. THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 18 - 20: Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows: Beginning WIP: 10,000 Units Units Started: 20,000 Units Units Completed: 25,000 Units Beginning WIP - Direct Mateials: $6,000 Beginning WIP - Conversion Costs: $2,600 Direc

Finding Equivalent Units and Total Production Costs

I need help solving questions for the following scenario: Surf Products Company, Inc. uses an automated process to clean and polish its souvenir items. For March, the company has the following activities: Beginning WIP Inventory: 3,000 units; 1/3 complete Units Placed in Production: 12,000 units Units Completed and Transfe

Various Accounting Calculations

Stanton Company use the following standards in the production of its only product: Direct Materials: 18 Pounds @ $25 per pound Direct Labor: 6 Hours @ $18 Per Hour During March, company records showed the following: Materials purchased: 12,000 Pounds @ $264,000 Materials used: 15,000 Pounds Direct Labor Hours: 4,700 Hours

Bauer Manufacturing Company, Inc.

Bauer Manufacturing Company, Inc. uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing overhead costs are allocated on the basis of machine hours in the Machining Department and on the basis of direct labor-hours in the Assembly Department. At the beginning of 2008, the followin

Cost of Goods Manufactured, Gross Margin, Operating Income

Please help with the following problems. Please provide step by step calculations for each. 2. THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 2-4. Harding Company reports the following information: Beginning FG Inventory, 1/1/2008 = $80,000 Ending FG Inventory, 12/31/2008= $67,000 Cost of Goods Sold = $270,000 Sales Re

Bachman Corp: Contribution margin

I need help with the following: Bachman Corp. produces three products. Data concerning the selling prices and unit costs of the three products appear below: Product A B C Selling price $40 $50 $90 Variable costs 30

Impact on breakeven point if sale price, variable costs, and fixed costs change

Dependable Drivers Driving School charges $250 per student to prepare and administer written and driving tests. Variable costs of $100 per student include trainers' wages, study materials, and gasoline. Annual fixed costs of $75,000 include the training facility and fleet of cars. Requirements 1. For each of the following

Annual Report Quixote Consulting: Financial Highlights and President's Letter

Create the Financial Highlights and Presidents Letter to the Stockholders similar to what would be contained in a company's annual report. Companies normally issue these reports to the stockholders and other interested parties. These reports summarize the company's operating activities for the past year and plans for the futu

Precedents for Courts to Follow

What precedents must each of these courts follow: a. U.S. tax Court. b. U.S. Court of Federal Claims. c. U.S. District Court.

contractor fraud with Frank Lou and Bo

Frank Lou had recently been promoted to construction manager at a development firm. He was responsible for dealing with contractors who were bidding on a multi-million dollar excavation job for the new high-rise. Times were tough, several contractors had gone under recently, and the ones left standing were viciously competitive.

contractor fraud

Frank Lou had recently been promoted to construction manager at a development firm. He was responsible for dealing with contractors who were bidding on a multi-million dollar excavation job for the new high-rise. Times were tough, several contractors had gone under recently, and the ones left standing were viciously competitive.

Access Database and Queries

I need some help with answering a couple questions below: - What are some of the advantages and the disadvantages of database forms? The efficiency and effectiveness of an Accounting Information System rests on the design of its Schema. A schema needs to be designed in such a way that it can easily answer the questions use

Tiger Pride

Tiger Pride produces two product lines: T-Shirts and Sweatshirts. Product profitability is analyzed as follows: T-SHIRTS SWEATSHIRTS Production & Sales Volume - Units 60,000 35,000 Selling Price $16.00 $29.00

Peggy's Pillows

Peggy's Pillows produces and sells a decorative pillow for $75.00 per unit. In the first month of operation, 2,000 units were produced and 1,750 units were sold. Actual fixed manufacturing costs are the same as the amount budgeted for the month. Other information for the month includes: Variable manufacturing costs = $20.00 per

A Lovers' Triangle and the Passive Loss Rules; research as R&D

A Lovers' Triangle and the Passive Loss Rules. The troubled marriage of john and Eleanor finally reached an impasse, and they mutually agreed to divorce. shortly after the divorce was finalized, John married Kristen. The three have known each other for years from working together to harvest the grapes of a vineyard owned by j

Increase an organization's operating income

Could you please help me to understand these concepts: Explain how producing more products that can be sold in a period can increase the organization's operating income. Is this a sustainable tactic to increase the organization's operating income? Would this happen in a service type company or is it an issue only in manufacturi

Tax Effects on Yields

1. Do investors in high tax brackets or those in low tax brackets benefit more from tax-exempt securities? 2. Do municipal bonds or corporate bonds offer a higher before-tax yield at a given point in time? Which has the higher after-tax yield? 3. If taxes did not exist, would Treasury bonds offer a higher or lower yield than

Engagement Planning

What is the purpose of engagement planning? What critical information should the auditor consider during engagement planning? How will this information affect the scope of the audit?

Preferred and common shareholders distributions

A corporation that has both preferred and common stock has a deficit in accuulated earnings and profit at the beginning of the year. The current earnings and profits are $25,000. the corporation makes a divided distribution of $20,000 to the preferred shareholders and $10,000 to the common shareholders. How will the preferred

Jernigan Ltd. Quality cost problem report

Managerial Accounting problems 1. Jernigan Ltd. Is a textile manufacturer in the southeastern United States, with annual sales of $15 million. Jennigan is a weaver of high end upholstery fabric. Until just a few years ago, the US textile industry was the leading producer of such high-end fabric, but recent imp0rovement s in