Bramble Company manufactures a product with a unit variable cost of $41 and a unit sales price of $75. Fixed manufacturing costs were $79800 when 7980 units were produced and sold, equating to $10 per unit. The company has a one-time opportunity to sell an additional 1000 units at $54 each in an international market, which would not affect its present sales. The company has sufficient capacity to produce the additional units. How much is the relevant income effect of accepting the special order?   $13000 $41000 $3000 $23940

Q: Described below are six independent and unrelated situations involving accounting changes. Each…

A: A journal entry is a form of accounting entry that is used to report a business transaction in a…

Q: Vertical Analysis Prepate Chipotle Mexican Grill, Inc. Income Statements For the Years Ended…

A: Under Vertical Analysis of Income Statement, Revenues are considered as Base (100%) and all other…

Q: Complete the following statements with one of the terms listed below. A term may be used once, more…

A: Inventory are those goods that are used by business to trade. It can further be divided into three…

Q: Which of the following statements is correct? Select an answer and submit. For keyboard navigation,…

A: Lets understand the basics. There are two type of shareholders. (1) Common stockholders (2)…

Q: a-1. Assume Shauna's AGI is $107,000. Determine Shauna's taxable income. (Round your intermediate…

A: Shauna"s taxable income, if her AGI IS $107,000 Description Amount Explanation       AGI (A)…

Q: Grow Company declared and distributed a 15% share dividend with fair value of P2,500,000 and par…

A: Share premium on share dividend is recognized at the amount of fair value over the par value of the…

Q: Lewis Co. recently hired a new accountant with very limited experience in corporate accounting.…

A: The journal entries are prepared to keep the record of day to day transactions of the business on…

Q: mocracies are still using paper-based voting. Hence, we should call an end to voting machines and…

A: Identify the following: i) Conclusion- In the given paragraph, the conclusion is that India should…

Q: The following information is from the materials requisitions and time tickets for Job 9-1005…

A: A job cost sheet is a document prepared by the entity to determine the total cost that is incurred…

Q: Bello are subject to a tax rate of 40%. What is the effect of recognizing the deferred tax in…

A: Deferred tax is the tax amount which either increase or decreases the tax liability of the company…

Q: January 1, 2012 - Company issues $10,000,000 of no par common shares at $10 each. DR. Cash…

A: Treasury Stock - Treasury Stock is the stock that is acquired by the company. If those are not…

Q: Which of the following shall be taken to profit or loss for investments measured at fair value…

A: Comprehensive income - In this statement income which is generated but not earned yet will be shown.…

Q: Production costs incurred in the manufacture of 2,400 units of a product in a period are: $ Direct…

A: Cost of manufacturing means the costs incurred directly or indirectly related to the production of a…

Q: Proposal A: Jessica will contribute to the partnership $45,000 of cash, as well as equipment that…

A: Proposal A : Contribution by Jessica = $45,000 (cash) + $15,000 (equipment) = $60,000 Capital…

Q: What amount of gain (loss) should ABC recognize on Dec 31, 20x1 and Jan 10, 20X2 respectively?…

A: FVOCI stands for Fair Value Through Other Comprehensive Income. It is the method to recognize the…

Q: ABCCompanymanufactureschairsfortheretailmarket. TheDecemberbudgetedamountsweretomanufacture28,000…

A: A flexible budget is prepared by considering budgeted costs and changes in the consumption of units…

Q: 1. What is the financial advantage (disadvantage) of accepting the special order? 2. As a separate…

A: Relevant cost of a product is the cost which is specifically incurred for the product. Variable cost…

Q: Edgerron Company is able to produce two products, G and B, with the same machine in its factory. The…

A:

Q: Multiple Choice O O O O $312,000 $224,000 $189,800 $213,800

A: Operating income is the amount of income earned by an entity from the day to day activities. It…

Q: In preparing its bank reconciliation for the month of February, ABC Company has made available the…

A: Bank reconciliation: It is a statement drawn up by the business to verify the cash book balance with…

Q: Recently, 5/3 Bank increased their minimum wage to $18/hr. Other companies and governments are…

A: Answer:-  Wages meaning:- Wages in simple words can be defined as the money given or received for…

Q: BC Inc., registered with BIR in X12, has the following data or the year 2018: Gross receipts…

A: Gross income equals revenues/sales minus cost of sales. Cost of sales includes direct material,…

Q: Factory Overhead Application.  St. Louis Sounds Inc. manufactures audio equipment.  The company…

A: Overhead application rate = Overhead cost  Number of hours worked

Q: The Statement of Financial Position and the Statement of Profit and Loss of ABC Bank include the…

A: Customer accounts is the largest liability for the bank. Customer accounts is the liability where…

Q: BUS 208 - Principles of Accounting II Homework Assignment 2 Chapter 13 Plachy Products, Inc., a…

A: The journal entries in the books of Plachy Products Inc during the first year of its operations are…

Q: en the information below for HooYah! Corporation, compute the expected share price at the end of…

A: For determining the P/E ratio, the Price of the share is divided by the EPS value related to that…

Q: Determining Overhead Rate; Expected Actual Capacity Method. Desmond Corp. estimates that its…

A:

Q: 38-DELL LLC had opening stock of 200 kgs value RO 2000. They purchased 300kgs @ RO 11 and later on…

A: Introduction: FIFO: FIFO stands for First in First out. Which means first received inventory to be…

Q: Classify the following costs as either production or non-production Depreciation of plant…

A: Production Cost: It is classified as a cost that is related to the production of goods. These cost…

Q: E5-9 The Palmer Acres Inn is trying to determine its break-even point during its off-peak- season.…

A: The Break-even point is the situation where the company does not earn profit and does not incur a…

Q: Jethro Inc. is reviewing its intangible assets for impairment. The accounting team has received the…

A:

Q: In a factory, a team of six maintenance staff are paid a guaranteed weekly wage. Which of the…

A: LABOUR COST IS THE PAYMENT MADE TOWARDS LABOUR INVOLVED IN PRODUCTION OF PRODUCT OR SERVICE .

Q: Craven City borrows $1,000,000 in bonds payable on January 1, 2022, and the bonds are scheduled to…

A: Debt service fund is used to repay debt.Repayment of debt include both principal plus interest.Bond…

Q: Vaughn Manufacturing budgeted manufacturing costs for 50000 tons of steel are as follows: Fixed…

A: Flexible Budget: A budget that is based on a different volume of activities is called a Flexible…

Q: (Guarantee by old partners in specific ratio). Antonio and Chekov were partners sharing profits in…

A:

Q: A firm has to pay a $0.50 per unit royalty to the inventor of a device which it manufactures and…

A: Royalty is the amount paid by the user of the asset to the owner of the asset for using the assets.…

Q: 5. ABC Corp holds 1,000 shares of XYZ Corp.'s shares since 2010. The following are data available…

A: Based on fair value measurement of financial assets on each reporting date, investments in equity…

Q: Rommel, Inc. acquired a 60% interest in Mikee Company several years ago. During 2020,  Mikee sold…

A: Answer -   Calculation of consolidated cost of sales -   Particulars Amount Cost of sales of…

Q: Required: 1. Calculate the unit sales needed to attain a target profit of $4,750 (Do not round…

A: Target sales in unit :- (Fixed cost + Target profit)/Contribution per…

Q: A trade credit bill of $80,000 with terms of sale of 2/5, net 30 means the buyer saves if the bill…

A: Answer= $1,600        if the bill paid with in discounted period of 5 days he will entitled to 2%…

Q: Which of the following funds is used to account for government sponsored investment pools that…

A: An Investment Trust Fund is a fund that develops when the government sponsors a multi-government…

Q: Match each job design technique to the statement exemplifying that technique. V Biological ✓…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: )What are the motivations behind DeFi?

A: Q-1 ) (c) 1,2,3and 4 Q-2) (b) 1,2,and 3

Q: Complete the table below by computing for the unknown component of a general annuity. PMT r t…

A: Effective Rate of Interest- The effective rate of interest is the rate of interest that can be paid…

Q: Journal entry Mar. 28: Billed customers Tk 2,500 for cleaning services. Mar. 31: Paid advertising…

A: The journal entries are prepared to keep the record of day to day transactions of the business on…

Q: Vertical Analysis Prepabe Chipotle Mexican Grill, Inc. Income Statements For the Years Ended…

A: Vertical analysis of the income statement represents the percentage of a line item with respect to…

Q: Which of the following statements is NOT true? OSmall banks typically focus on the retail side O…

A: There are various types of banks in any economy, the broad classification can be specified as :…

Q: What is the cash flow from financing activities?

A: As per guidelines only one question is solved if in case of multiple questions so kindly rest…

Q: The following information is available for ABC Co. Budgeted sales Gross profit as a percentage of…

A: With the given details, we need to calculate the amount paid to trade payable in the Month of June.…

Q: Create a balance sheet with the following information. Create a balance sheet for the following…

A: Balance sheet consist of all assets and all liabilities and owner's equity.  Basic accounting…