Harrisburg furniture company started construction of a combination office and warehouse building
for its own use at an estimated cost of $5,000,000 on january 1, 2017. harrisburg expected to complete the building by december 31, 2017. harrisburg has the following debt obligations outstanding during
the construction period:
construction loan - 12% interest, payable semiannually, issued 12/31/16; 2,000,000
short-term loan - 10% interest, payable monthly, and principle payable at maturity on may 30, 2018; 1,400,000
long-term loan - 11% interest, payable on january 1 of each year; principal payable on january 1, 2021; 1,000,000
a) assume the harrisburg completed the office building and warehouse building on 12/31/17, as planned
at a total cost of $5,200,000, and weighted average of accumulated expenditures was $3,600,000. compute the avoidable interest for this project.
b) compute depreciation expense for the year ended december 31, 2018. harrisburg elected to depreciate the building on a straight-line basis and determined that the asset has a useful life of 30 years and a salvage value of 300,000.

Problem 2-18 job-order costing for a service company [lo2-1, lo2-2, lo2-3]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 10,000fixed overhead cost $ 90,000variable 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 $ 600direct labor cost $ 180direct labor-hours used 2 compute mr. wilkes' total job cost. 3. if speedy establishes its selling prices using a markup percentage of 30% of its total job cost, then how much would it have charged mr. wilkes?

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.