Chapter 6, Problem 25Q

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i need this question answer General accounting

Subject - General account

Determine the predetermined overhead rate

For a recent period, the balance sheet for Costco Wholesale Corporation reported accrued expenses of $1,720 million. For the same period, Costco reported income before income taxes of $1,714 million. Assume that the adjusting entry for $1,720 million of accrued expenses was not recorded at the end of the current period. What would have been the income (loss) before income taxes?

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Sub. financial account

Calculate the total fixed expense for the year

Kindly help me with general accounting question