Managerial accounting Using the code letters below, indicate in the space provided how each of the following costs should be classified for a pen manufacturing company: Code Letters DM = Direct materials WP = Work in process DL = Direct labor FG = Finished goods MO = Manufacturing overhead PC = Period cost (a) Property tax on the factory building. (b) The chief financial officer's salary. -(c) Plastic used to manufacture pens. (d) Janitors at the factory. (e) Manufactured pens waiting to be sold to customers (f) Advertising logos (g) Partially completed pens.

Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?