Online Homework Help By Expert's With AAA Rating

ACT 325 Portfolio Project Description Your portfolio project is due by the end of Week 8. Please complete the following seven problems based on the serial problem presented in the textbook beginning with Chapter 13. You are welcome to use the excel spreadsheet or the working papers to create your answers. Please make sure to cite all sources that support your overall conclusions. You should paste any required Excel tables and type your answers into a Microsoft Word document, clearly labeling label each problem. Problem 1 Santana Rey created Business Solutions on October 1, 2011. The company has been successful and Santana plans to expand her business. She believes that an additional $86,000 is needed and is investigating these funding sources. a. Santana's sister Cicely is willing to invest $86,000 in the business as a common shareholder. Since Santana currently had about $129,000 invested in the business, Cicely's investment will mean that Santana will maintain about...

Choose an item that you would like to manufacture. You do not actually need to manufacture something, but will proceed through the  assignment  as if you were planning on manufacturing the item you have selected. The product should require materials and labor and be something that you are familiar with in process from start to finish. The product must be useful and marketable. You can choose something as simple as making  chocolate  chip cookies, a type of  craft , or something more complicated. Consider production as if you were making the product from beginning to end, and not as if using a kit. Perform the following steps: 1-Choose a product to manufacture and to describe the manufacturing process. 2-Prepare the following budgets for 1 quarter broken down monthly regarding your chosen item: estimated sales budget, estimated direct materials budget, estimated direct labors budget, estimated manufacturing overhead budget, estimated selling and administrative e...

(Weighted average cost of capital) As a member of the FDP, your supervisor has asked you to compute the appropriate discount rate to use when evaluating the purchase of new packaging equipment for the plant. Under the assumption that the firms present capital structure reflects the appropriate mix of capital sources for the firm, you have determined the market value of the firm's capital structure as follows: To finance the purchase, Ranch manufacturing will sell 10-year bonds paying 7.4% per year at the market price of $1,065. Preferred stock paying a $2.01 dividend can be sold for $24.99. Common stock for Ranch Manufacturing is currently selling $54.36 per share and the firm paid a $2.91 dividends last year. Dividends are expected to continue growing at a rate of 4.9% per year into the indefinite future. If the firms tax rate is 30%, what discount rate should you use to evaluate the equipment purchase? Ranch Manufacturing WACC is _______% (round to three decimal places)...

Castle Company produces throw blankets that are popular holiday Resolved Question:  • Castle Company produces throw blankets that are popular holiday gifts. Standard variable costs relating to a single blanket are given below: Standard Quantity of Hours Standard Price or Rate Standard Cost Direct materials ? $5 per yard $? Direct labor ? ? $? Variable manufacturing overhead ? $2 per direct labor-hour $? Total standard cost $? • Overhead is applied to production on the basis of direct labor hours. During March, 924 blankets were manufactured and sold. Difference between standard and actual cost per blanket produced during March: $0.10 F.  • Selected information related to the month’s production is given below: Materials Used Direct Labor Variable Manufacturing Overhead Total standard cost allowed* $12,100 $8,500 $2,500  Actual costs incurred $11,500 ? $3,100  Direct materials price variance ?  Actual ? 1400 hours  Direct materials quantity v...

P4-3A The Vang Hotel opened for business on May 1, 2012. Here Resolved Question: P4-3A The Vang Hotel opened for business on May 1, 2012. Here is its trial balance before adjustment on May 31. VANG HOTEL Trial Balance May 31, 2012 Debit Credit P4-2A Gil Vogel started his own consulting firm, Vogel Consulting, on June 1, 2012. The trial balance at June 30 is as follows. VOGEL CONSULTING Trial Balance June 30, 2012 Debit Credit Cash $ 6,850 Accounts  Receivable 7,000 Prepaid Insurance 2,880 Supplies 2,000 Equipment 15,000 Accounts Payable $ 4,230 Unearned Service Revenue 5,200 Common Stock 22,000 Service Revenue 8,300 Salaries and Wages Expense 4,000 Rent Expense 2,000 $39,730 $39,730 In addition to those accounts listed on the trial balance, the chart of accounts for Vogel also contains the following accounts: Accumulated Depreciation—Equipment, Utilities Payable, Salaries and Wages Payable, Depreciation Expense, Insurance Expense, Utilities Expense, a...

week 5 ACC 421 assignment Transactions for Mehta Company for the month of May are presented below. May 1 B.D. Mehta invests $3,300 cash in exchange for common stock of Mehta Company, a small welding corporation. 3 Buys equipment on account for $1,245. 13 Pays $497 to landlord for May rent. 21 Bills Noble Corp. $511 for welding work done. Prepare journal entries for each of these transactions. Starr Co. had sales revenue of $627,800 in 2012. Other items recorded during the year were: Cost of goods sold $324,500 Wage expense 128,700 Income tax expense 26,700 Increase in value of company reputation 19,300 Other operating expenses 11,700 Unrealized gain on value of patents 20,000 Prepare a single-step income statement for Allen for 2012. Allen has 100,000 shares of stoc...