Ullumber company had the following assets on january 1, 2022.
item cost purchase date useful life (in years) salvage value
machinery $72,000 jan. 1, 2012 10 $ 0
forklift 31,000 jan. 1, 2019 5 0
truck 37,400 jan. 1, 2017 8 3,000
during 2022, each of the assets was removed from service. the machinery was retired on january 1. the forklift was sold on june 30 for $12,100. the truck was discarded on december 31.
journalize all entries required on the above dates, including entries to update depreciation, where applicable, on disposed assets. the company uses straight-line depreciation. all depreciation was up to date as of december 31, 2021. (credit account titles are automatically indented when the amount is entered. do not indent manually. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)

The budgeted overhead cost for the year is $1,260,000. the company has estimated that one-third of the budgeted overhead cost is incurred to support the firm's two partners, and two-thirds goes to support the staff accountants. the current audit bid for monoco industries requires $18,000 in direct partner professional labor, $30,000 in direct staff accountant professional labor, $5,000 in direct material. what is the overhead rate based on a single cost driver (rounded to the nearest percentage)?

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Roi analysis using dupont model. charlie? s furniture store has been in business for several years. the firm? s owners have described the store as a ? high-price, highservice? operation that provides lots of assistance to its customers. margin has averaged a relatively high 32% per year for several years, but turnover has been a relatively low 0.4 based on average total assets of $800,000. a discount furniture store is about to open in the area served by charlie? s, and management is considering lowering prices in order to compete effectively. required: a. calculate current sales and roi for charlie? s furniture store. b. assuming that the new strategy would reduce margin to 20%, and assuming that average total assets would stay the same, calculate the sales that would be required to have the same roi as they currently earned. c. suppose that you presented the results of your analysis in parts a and b of this problem to charlie, and he replied, ? what