You are working in the accounting department of a mid-sized company (Bespin Tibanna Gas Systems, LLC). As a young staff, one of your first tasks is to manage the fixed assets for the company. Below is a short list of some of the assets. Asset - Placed in Service - Basis (when placed into service) Used Copier November - 12 - $3,500 New Computer - June - 6 3,500 New Delivery Truck (more than 4K lbs) - October 28 - $35,000 Furniture - July 15 - $58,000 Delivery Auto - January 31 - $40,800 Which depreciation convention will be used for the depreciation of the office Furniture?

s CFO for Everything.Com, you are shopping for 6,800 square feet of usable office space for 25 of your employees in Center City, USA. A leasing broker shows you space in Apex Atrium, a 10-story multitenanted office building. This building contains 408,000 square feet of gross building area. A total of 61,200 square feet is interior space and is nonrentable. The nonrentable space consists of areas contained in the basement, elevator core, and other mechanical and structural components. An additional 40,800 square feet of common area is the lobby area usable by all tenants. The 6,800 square feet of usable area that you are looking for is on the seventh floor, which contains 38,080 square feet of rentable area, and is leased by other tenants who occupy a combined total of 27,200 square feet of usable space. The leasing broker indicated that base rents will be $30 per square foot of rentable area.   Required: a. Calculate total rentable area in the building as though it would be rented to…

National Bank has several departments that occupy both floors of a two-story building. The departmental accounting system has a single account, Building Occupancy Cost, in its ledger. The types and amounts of occupancy costs recorded in this account for the current period follow.    Depreciation—Building $ 18,000   Interest—Building mortgage   27,000   Taxes—Building and land   9,000   Gas (heating) expense   3,000   Lighting expense   3,000   Maintenance expense   6,000   Total occupancy cost $ 66,000      The building has 4,000 square feet on each floor. In prior periods, the accounting manager merely divided the $66,000 occupancy cost by 8,000 square feet to find an average cost of $8.25 per square foot and then charged each department a building occupancy cost equal to this rate times the number of square feet that it occupied. Diane Linder manages a first-floor department that occupies 1,000 square feet, and Juan Chiro manages a second-floor department that…

K | Jamie, the owner of 'Jamie's Port a Potty' leases 10 used portable bathrooms from Royal Restrooms. The company sets up and services portable bathrooms for long term construction projects. The following costs were recorded for last month for Jamie: $1,500 rent costs $200 emergency waste calls (2 calls last month) to construction sites $4,000 salaries for management $500 insurance $300 supplies (toilet paper, etc.,) $2,000 employee hourly wages What were Jamie's variable costs last month? O A. $2,500 B. $6,300 C. $6,000 O D. $3,000 O E. $5,500 06 پر

Need both a & b completed please

Edwara Ltd comprises of three production departments and two service departments. The following information is provided for Edward Ltd for 2019. £ Supervisor's salaries Machining Factory Rent Heat and light General Repairs Machine Depreciation Machine insurance Business Rates 300,000 Assembly 200,000 Finishing 250,000 Canteen 120,000 Maintenance 150,000 £ 300,000 200,000 60,000 80,000 90,000 75,000 Floor space occupied (m2) 400 Value of machinery (£'000) 300 Service carried out by: Canteen Machining Assembly Finishing Canteen Maintenance The service departments work for the other departments as follows: 200 400 30% 25% 200 200 30% 50% 150 50 Machining Assembly Finishing Canteen Maintenance 40% 25% Maintenance 50 50 Required: a. Using Edward's Ltd overhead analysis sheet for 2019, determine the overhead allocated and apportioned to each of the five departments. b. Calculate the total overheads included in the production departments after the reapportionment of the service department…

Please don't give image format

Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Flights (q) Revenue ($355.00g) Expenses: Wages and salaries ($3,200+ $89.009) Fuel ($33.009) Airport fees ($840 + $32.009) Aircraft depreciation ($11.00q) Office expenses ($200 + $1.009) Total expense Net operating income Actual Results Flexible Budget Planning Budget 53 53 51 $ 16,300 $ 18,815 $ 18,105 7,879 7,917 7,739 1,913 1,749 1,683 2,421 2,536 2,472 583 583 561 421 253 251 13,217 13,038 12,706 $ 3,083 $ 5,777 $ 5,399 The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. Required: 1. Prepare a flexible budget performance report for July that includes revenue and spending variances and activity variances. (Indicate the…