Today is August 2, 2020.  Louis Landlord did not receive the…

Today is August 2, 2020.  Louis Landlord did not receive the rent that was due yesterday.  His tenant has 3 months left in the tenancy (ending November 30 , 2020).  Rent has been late every month for the last 9 months.  What form(s) should Louis use and what is/are the earliest possible termination dates?

Ortiz Co. produces 5,000 units of part #A12. The following c…

Ortiz Co. produces 5,000 units of part #A12. The following costs were incurred for that level of production: Direct materials $  55,000 Direct labor 160,000 Variable overhead 75,000 Fixed overhead 175,000 If Ortiz buys the part from an outside supplier, $40,000 of the fixed overhead is avoidable. If Ortiz Co. purchases the part from an outside supplier for a unit price of $68, net income will increase (decrease) by: