Accounting Question
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A: Since you have asked multiple questions, we will solve the first question for you. If you want any s...
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A: The Numerical has covered the concept of Applied Manufacturing Overhead. Applied Manufacturing Overh...
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A: NOTE : As per BARTLEBY guidelines, when multiple independent questions are given then first question...
Q: A company observed a decrease in the cost per unit. All other things being equal, which of the follo...
A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost, a...
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A: Consolidated financial statements are the financial statements of a group consisting of multiple sub...
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A: The direct labor cost is computed on the basis of work done by labor.
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A: Predetermined overhead rate = Estimated manufacturing overhead / Estimated machine hours = 500000/25...
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A: The estate tax is a financial levy on an estate, based on the current value of its assets.
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A: If any adjustable entries were omitted it will impact on its income statement and Balance sheet, bec...
Q: Gonzalez Company acquired $183,600 of Walker Co., 4% bonds on May 1 at their face amount. Interest i...
A: The journal entries are prepared to keep the record of day to day transactions of the business.
Q: Due to extreme financial difficulties, an entity negotiated a restructuring of 10%, P5,000,000 note ...
A: Present Value-:Present Value also known as the current value of a prospective quantity of capital or...
Q: The manager of Bernadette Company bas a plan to increase sales volume ut the store. The average oper...
A: Break-even point=Fixed costProfit volume ratioand,Profit volume ratio=ContributionSales×100
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A: Donation Inter Vivos:- A Contract which takes place by the mutual consent of the giver who divests h...
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A: Activity based costing:- It is method of assigning overhead and indirect costs like:- salaries and u...
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A: If one company has higher asset turnover than another company then that means the company is using i...
Q: On June 1 of the current year, Jack and Angie purchased a rental beach house for $900,000 and rented...
A: Income tax: It is the amount a person is liable to pay on the earned amount in an accounting year...
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A: At the year end, price of raw material has fallen down and since the purchase order commitment canno...
Q: on February 5, 2020 ZEE Borrowed Sh.50 Million through issue of 50 Million bond at par sh..1000/=. ...
A:
Q: How much is the consolidated retained earnings attributable to Parent’s shareholder equity on Decemb...
A: Consolidated financial statements are the financial statements of a group consisting of multiple sub...
Q: After performing the audit process, ABC, a local audit firm expresses an unmodified audit opinion on...
A: Auditor's Report - It is a form that contains the report on the auditor's opinion whether a company'...
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A: SOLUTION 2- OVERHEAD ALLOCATION Overhead allocation ...
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Q: What is the loan impairment loss on December 31,2016?
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A: On 01.01, Parent company acquired subsidiary company = 90% Purchase consideration = 5400 shares @ P1...
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A: The decision to close a department is based on contribution and not on net profit /loss due to the d...
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Q: Please answer with explanation Thanks
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Q: 30 each. tem, determine port in its Augu
A: Total units sold = 6000+7000=13000 units Under the FIFO method Goods purchased first a...
Q: On February 2, 2020, Katie purchased and placed in service a new $18,500 car. The car was used 65% f...
A: The answer is as fallows
Q: Carla Company in its first year of operations provides the following information related to one of i...
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A: The income statement is prepared to compute the net profits of the business.
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Q: 7) The following data relate to product no. 33 of Volusia Corporation Direct labor standard 5 hours ...
A: Direct labor efficiency variance = Standard rate * ( Standard hours - Actual Hours )
Q: Which of the following is not a feature of full costplus sales pricing related to a range of a compa...
A: Following is the answer to the given question
Q: A company observed a decrease in the cost per unit All other things being equal, which of the follow...
A: SOLUTION- 1-You can reduce the unit cost of products by lowering your overhead cost per item. 2- By ...
Q: A job order cost system should be used when manufacturing: Select one: O a. Tires O b. A4 Papers O C...
A: Job-order costing: It is a costing method that calculate the cost of each item or service separate...
Q: X Company received $2,500 cash in advance for services to be performed over the next 3 months. As a ...
A: Receiving cash in advance from a customer for the services yet to be rendered will create liability ...
Q: The following data relate to product no. 89 of Des Moines Corporation: Direct material standard: 3 s...
A: Variance refers to a change between the expected value and the actual result. This term is usually u...
Q: Please answer .just a try is also fine but don't skip off.its my humble request.
A: A tax deduction is declared by the taxable assessee for which the tax is being determined and he wil...
Q: Find the compound interest accumulated on BD 14500 at the end 9 years if it is invested at 4% compou...
A: Compound interest is the interest earned on the principal as well as on the interest earned previous...
Q: Participating preferred shareholders participate in the management of the company. share equally wi...
A: SOLUTION- Participating preferred stock is a type of preferred stock that gives the holder the right...
Q: Purchase-Related Transactions Warwick's Co., a women's clothing store, purchased $75,000 of merchand...
A: The journal entries are prepared to keep the record of day to day transactions of the business.
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