Construction Accounting And Financial Management (4th Edition)
Construction Accounting And Financial Management (4th Edition)
4th Edition
ISBN: 9780135232873
Author: Steven J. Peterson MBA PE
Publisher: PEARSON
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Chapter 4, Problem 15P

Using the chart of accounts in Figure 2-1, determine the changes to the balance sheet, income statement, job cost ledger, and equipment ledger as a result of recording the over- and underbillings from Problem 13. The balance sheet from the beginning of the month had $1.562 in costs and profits in excess of billings and $2,125 in billings in excess of costs and profits.

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The chief executive of Dabid's salon is interested in accumulating some information on the overhead costs incurred by the Company. You have been asked to analyze the following six months' worth of data: Month Overhead Cost No. of Appointments 867 P 48,128 April May June 45,200 624 47,120 689 July August September 50,800 974 47,460 49,920 730 901 Using the least squares regression method, give an estimate of the fixed cost for each month P34,371.72 P35,631.77 P36,804.09 O P37,545.70
Financial Accounting Solutions provide Perfect method
a-1. What is the cost per unit for paychecks processed? a-2. What is the cost per unit for customer accounts maintained? a-3. What is the cost per unit for special analyses performed? b. Assuming the followiing level of cost-driver volumes for a month, what are the accounting department's estimated costs of doing busines using the account analysis approach? -1000 paycheck processed -200 customer accounts maintained -3 special analyses
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