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Riemer, Inc. has four departments. Information about these departments is listed below. Maintenance is a service department. If allocated maintenance cost is based on floor
Riemer, Inc. has four departments. Information about these departments is listed below. Maintenance is a service department. If allocated maintenance cost is based on floor space occupied by each of the other departments, compute the amount of maintenance cost allocated to the Cutting Department. (Do not round your Intermediate computations.) Direct costs Sq. ft. of space No. of employees Maintenance $18,000 750 7 Cutting Assembly Packaging $24,000 $64,000 $39,000 1,250 2,250 2,500 3 7 7 Multiple Choice $2,269 $3.750. $3,474 $6,000. $18.000 Using the information below.compute the cash conversion cycle: Days' sales in accounts receivable Days' sales in inventory Days' payable outstanding 46 days 63 days 56 days Multiple Choice 23 days 120 days. 53 days. 69 days. O 73 days. Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots: 100 lots are golf course lots and will sell for $97,000 each; 125 are street frontage lots and will sell for $67.000. The developer acquired the land for $1.820.000 and spent another $1.420.000 on street and utilities improvement. Compute the amount of joint cost to be allocated to the street frontage lots using value basis. (Round your Intermediate calculation to one decimal place.) Multiple Choice $1,500,120. $2,034.000 $1,793.000. $1,739,880 $1,437,160
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