Miramar industries manufactures two products: a and b. the manufacturing operation involves three overhead activities—production setup, material handling, and general factory activities. miramar uses activity-based costing to allocate overhead to products. an activity analysis of the overhead revealed the following estimated costs and activity bases for these activities: activity cost activity base production setup $250,000 number of setups material handling 150,000 number of parts general overhead 80,000 number of direct labor hours each product's total activity in each of the three areas are as follows: product a product b number of setups 100 300 number of parts 40,000 20,000 number of direct labor hours 8,000 12,000 what is the total overhead allocated to product a using activity-based costing?

Belstone, inc. is a merchandiser of stone ornaments. it sold 15,000 units during the year. the company has provided the following information: sales revenue $ 520,000 purchases (excluding freight in) 338,500 selling and administrative expenses 32,000 freight in 15,000 beginning merchandise inventory 43,000 ending merchandise inventory 58,500 how much is the gross profit for the year?

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.