Ark each of the items in the following list with letters to indicate whether it would be listed as an asset, liability or equity item on the balance sheet or revenue or expense item on the income statement. a.accounts receivableb. sales c. equipmentd. supplies expensee. cashf. accounts payableg. retained earningsh. revenuei. contributed capitalj. cost of goods soldk. notes payablel. selling and administrative expenses

Your take on decision making process

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Laurelton heating & cooling installs and services commercial heating and cooling systems. laurelton uses job costing to calculate the cost of its jobs. overhead is allocated to each job based on the number of direct labor hours spent on that job. at the beginning of the current year, laurelton estimated that its overhead for the coming year would be $ 61 comma 500. it also anticipated using 4 comma 100 direct labor hours for the year. in april comma laurelton started and completed the following two jobs: (click the icon to view the jobs.) laurelton paid a $ 20-per-hour wage rate to the employees who worked on these two jobs. read the requirements requirement 1. what is laurelton's predetermined overhead rate based on direct labor hours? determine the formula to calculate laurelton's predetermined overhead rate based on direct labor hours, then calculate the rate. / = predetermined overhead rate