Billa Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $5.00 per machine-hour and fixed manufacturing overhead cost of $500,000 per period. If the denominator level of activity is 5,000 machine-hours, the predetermined overhead rate would be: (Round your intermediate calculations to 2 decimal places.)

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.

Acontinental polar air mass foms where

The sarbanes-oxley act was passed to question 6 options: prevent fraud at public companies. replace all of the old accounting procedures with new ones. improve the accuracy of the company's financial reporting. both a and c