On January 1, 2009, Rand Corp. issued shares of its common stock to acquire all of the outstanding common stock of Spaulding Inc. Spaulding?s book value was only $140,000 at the time, but Rand issued 12,000 share having a par value of $1 per share and a fair value of $20 per share. Rand was willing to convey these shares because it felt that buildings (ten-year life) were undervalued on Spaulding?s records by $60,000 while equipment (five-year life) was undervalued by $25,000. Any consideration transferred over fair value of identified net assets acquired is assigned to good will. Following are the individual financial records for these two companies for the year ended December 31, 2022.

Roxy Corp. Westwood Inc.
Revenues $372,000 $108,000
Expenses (264,000 ) (72,000 )
Equity in subsidiary earnings 25,000 0
Net income $133,000 $36,000
Retained earnings, January 1, 2022 $765,000 $1020
Net income (above) 133,000 36,000
Dividends paid -84,000 -24,000
Retained earnings, December 31, 2012 $814,000 114,000

Current assets $150,000 $22,000
Investment in Spaulding Inc. 242,000 0
Buildings (net) 525,000 85,000
Equipment (net) 389,250 129,000
Total assets $1,306,250 $236,000

Liabilities $82,250 $50,000
Common stock 360,000 72,000
Additional paid-in capital 50,000 0
Retained earnings, December 31, 2012 (above) 814,000 114,000
Total liabilities and stockholders? equity $1,306,250 $236,000

Required:
Prepare a consolidation worksheet for this business combination.

Zachary company produces commercial gardening equipment. since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. the costs and cost drivers associated with the four overhead activity cost pools follow: activities unit level batch level product level facility level cost $ 64,800 $ 27,730 $ 15,000 $ 154,000 cost driver 2,400 labor hrs. 47 setups percentage of use 11,000 units production of 780 sets of cutting shears, one of the company’s 20 products, took 240 labor hours and 7 setups and consumed 15 percent of the product-sustaining activities. required: (a) had the company used labor hours as a company wide allocation base, how much overhead would it have allocated to the cutting shears? (b) how much overhead is allocated to the cutting shears using activity-based costing? (c) compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 780 units are produced. if direct product costs are $150 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? (d) assuming that activity-based costing provides a more accurate estimate of cost, indicate whether the cutting shears would be over- or underpriced if direct labor hours are used as an allocation base. explain how over-or undercosting can affect vaulker's profitability. (e) comment on the validity of using the allocated facility-level cost in the pricing decision. should other costs be considered in a cost- plus pricing decision? if so, which ones? what costs would you include if you were trying to decide whether to accept a special order?

Adisadvantage of corporations is that shareholders have to pay on profits.

Wendy made her career planning timeline in 2010. in what year should wendy's timeline start? a. 2013 o b. 2012 oc. 2010 o d. 2011