Apartnership begins its first year with the following capital balance: alfred, capital $50,000 bernard, capital ..60,000 collins, capital ..70,000 the articles of partnership stipulate that profits and losses be assigned in the following manner: each partner is allocated interest equal to 5 percent of the beginning capital balance. bernard is allocated compensation of $18,000 per year. any remaining profits and losses are allocated on a 3-3-4 basis, respectively. each partner is allowed to withdraw up to $5,000 cash per year. assuming that the net income is $60,000 and that each partner withdraws the maximum amount allowed, what is the balance in collins capital account at the end of that year

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?

Upper a report about the decline of western investment in third world countries included this: "after years of daily flights comma several european airlines halted passenger service. foreign investment fell 400 percent during the 1990 s." what is wrong with this statement? choose the correct answer below. a. if foreign investment fell by 100 % comma it would be totally eliminated comma so it is not possible for it to fall by more than 100 %. b. the actual amount of the decrease in foreign investment is less than 100%. c. if foreign investment fell by 100%, it would be cut in half. thus, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible. d. the statement does not mention the initial amount of foreign investment.

Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was it worth? why?