Accounting Help for College and University Students

3939-corporation and AMORTIZATION

Subject: Starting a corporation Details: Two people who are in a partnership start a corporation. They are issued commonstock in exchange for their capital .What T accounts do their capital and stock go into ========== Subject: AMORTIZATION Details: I don't understand how to do amortization for straight line and Effect ...continues

ABC Manufacturing is thinking of launching a new product.

ABC Manufacturing is thinking of launching a new product. The company expects to sell $900,000 of the new product in the first year and $1,500,000 each year thereafter. Direct costs including labor and materials will be 55% of sales. Indirect incremental costs are estimated at $80,000 a year. The project will require a new p ...continues

What do you think is included in the cost of goods sold for your company for a manufacturer such as Microsoft, Dell, or Sears

3. What do you think is included in the cost of goods sold for your company for a manufacturer such as Microsoft, Dell, or Sears?

Queston

1. What is the significance of accounting for inventories? What "difference does it make" if the amounts reported are accurate or not?

Financial statements for a merchandiser/retailer

Find recent financial statements for a merchandiser/retailer or manufacturer and discuss what is find in the financial statements and footnote disclosures as to the types of inventory they hold and how they account for those inventories.(Remember http://www.reportgallery.com/ or http://www.sec.gov/edgar.shtml or http://finance.y ...continues

Question

4. What effects do the different inventory costing methods have on net income and income taxes?

Income Statement Showing Revenue & Cost of Services

I am having problems with developing the income statement and with determining departmental profitability.

Income statement

I am having problems developing the income statement and answering the other questions for the problem.

Forecasting costs

Having problems categorizing the cost and problems with the forecast.

Cost estimation & multiple regression

Cost estimation and using multiple regression: University Hospital has prepared a schedule of estimated overhead costs for its blood test unit for the coming year on the assumption that production will be 80,000 tests for the year. Costs have been classified as fixed or variable, according to the controller’s judgment. See a ...continues