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2 years ago

The following information is available for Blue Spruce Corp. for 2021:

Business

1 answer:

Andru [333]2 years ago

6 0

Answer:

Other Comprehensive income = $37,500
Comprehensive income = $154,500

Explanation:

Other comprehensive income:

= Realized gain on sale of available-for-sale debt securities + Unrealized holding gain arising during the period on available-for-sale debt securities - Reclassification adjustment for gains included in net income

= 11,000 + 34,000 - 7,500

= $37,500

Comprehensive income = Net income + Other comprehensive income

= 117,000 + 37,500

= $154,500

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Answer:

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Explanation:

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Answer:

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2 years ago

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Romain Surgical Hospital uses the direct method to allocate service department costs to operating departments. The hospital has

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Answer:

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a) Data and Calculations:

Service Department Operating Department

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Employees 39 25 94 47

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Direct Allocation of Service Departments' Costs:

Service Department Operating Department

Information Technology Administration Surgery Recovery

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Information Techn. (36,294) 0 19,462 16,832

Administration 0 (36,282) 24,188 12,094

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