Amdahl, inc. leases a piece of equipment from bff on january 1, 2018. the lease agreement calls for 5 annual payments of $33,000 to be paid by amdahl at the beginning of the year (starting with 2018). ownership of the equipment will transfer to amdahl at the end of the fifth year. the explicit rate on this lease is 8%.
1. prepare amdhal's journal entries on january 1, 2018.

Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?