On January 4, 20X8, Longwood Co. paid $400,000 for 21% of the voting common stock of Maxwell Corp. At the time of the investment, Maxwell had net assets with a book value and fair value of $1,600,000. During 20X8, Jones incurred a net loss of $50,000 and paid dividends of $80,000. Any excess cost over book value is attributable to goodwill with an indefinite life. Required: (1) Prepare a schedule to show the amount of goodwill from Longwood's investment in Maxwell. (2) Prepare a schedule to show the balance in Longwood's investment account at December 31, 20X8.

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.

Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.

Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates