Red information assume down, inc., was organized on may 1 to compete with despair, inc.—a company that sells de-motivational posters and office products. down, inc., encountered the following events during its first month of operations. received $45,000 cash from the investors who organized down, inc. borrowed $18,000 cash and signed a note due in two years. ordered equipment costing $13,000. purchased $9,000 in equipment, paying $4,000 in cash and signing a six-month note for the balance. received the equipment ordered in (c), paid for half of it, and put the rest on account. prepare journal entries for each transaction. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.) next visit question mapquestion 11 linked to 12 of 24 total 11 12 of 24 pre

Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance

According to which act will be the person punished

Speedy auto repairs uses a job-order costing system. the company’s direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics’ hourly wages. speedy’s overhead costs include various items, such as the shop manager’s salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 20,000 fixed overhead cost $ 350,000 variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate. 2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 590 direct labor cost $ 109 direct labor-hours used 6