Problem 9. Curry Company produces and sells two distinct products, B2 and B4. Available data for the year ending December 31, 2016, follow: B2 B4 Sales volume Selling price per unit Direct materials 20,000 P180 40,000 P160 65 40 Direct labor 40 40 Variable factory overhead Fixed factory overhead Full cost per unit Gross profit per unit 16 16 25 146 25 121 P34 P39 Other information pertaining to operations during the year ending December 31, 2016, follow: I. II. Variable selling costs were 5% of sales. Fixed selling and administrative costs were P207,330 (with a capacity to handle volumes up to twice those of 2016) The present plant facilities provide a capacity of 60,000 units, this can be increased to a capacity of 100,000 units at an additional cost of P80,000. IV. The company is taxed at a rate of 40%. III. Expected changes for the year ending December 31, 2017, include the following: I. The selling price of B4 is expected to increase by 10%, but no other changes are expected in costs or selling prices for either product. The sales mix for 2017 is expected to be in the ratio of 2 units of B2 to 3 units of B4. II. Calculate the number of units of each product the company must sell to earn an after-tax net income of P135,000 for the year ending December 31, 2016.

On January 15, 2026, Pina Company paid property taxes on its factory building for the calendar year 2026 for $1112000. In the first week of April 2026, Pina made unanticipated major repairs to its plant equipment for $2715000. These repairs will benefit operations for the remainder of the calendar year. How should these expenses be reflected in Pina's quarterly income statements? O O 3/31/26 $1112000 $278000 $956750 $278000 Three Months Ended 6/30/26 $1810000 $1183000 $956750 $2654700 9/30/26 $0 $1183000 $956750 $278000 12/31/26 $0 $1183000 $956750 $278000

A company began operations in 2021. During the year, sales totaled $500,000. The company expects sales returns will total 2% of all sales, but actual sales returns before year end were $8,000. Assuming that all relevant information has been presented, what should the company report as net sales revenue on the income statement?

United Bhd makes up its accounts to 31 March annually. The company acquired a machinery on 1.7.2017 for RM50,000. The company disposed the machinery on 31.3.2023 for RM53,000. Calculate the capital allowances and balancing charge/allowance for the relevant YAs up to the YA2023.