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A:
Q: E is also known as: e of the options version costs ni-fixed cost tuating cost-
A: Cost is the total amount or expenditure which a company, an individual and a manufacturer incurred w...
Q: If the total fixed costs Omr 75000, variable cost per unit Omr 15 and contribution margin per units ...
A: Solution: Break even point (units) = Fixed cost / Contribution margin per unit = 75000 / 25 = 3000 u...
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A: Horizontal analysis is a financial statement analysis which shows changes in values of corresponding...
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A:
Q: Partners Matero and Malaya each have a P200,000 capital balance and share profits and losses in a 3:...
A: Partnership refers to the formal agreement between two or more person who are agreed to carry out th...
Q: On January 1, 2021, Jimin Co. acquired 30,000 ordinary shares out of the 100,000 outstanding shares ...
A: On 01.01.2021, Jimin Co. acquired ordinary shares of HYBE Inc. = 30000 shares Outstanding shares of ...
Q: Please answer both a and b I will provide you positive response
A: Solution: (1). Missing figures in Reformulated Income Statement Particulars Amount Operati...
Q: 20. What method of determining operating income is required under GAAP for financial statement distr...
A: The operating income is determined using the two methods. Variable costing method Absorption costin...
Q: • CompanyXYZhasbeenaroundforfive years. During this time, it reported the following net income: • Ye...
A: The retained earnings are the part of income that are kept for shareholders.
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A: Deferred tax liability is a tax which is due for the current period but not paid in the period. The ...
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A: Future worth=Principal1+interestnumber of years The standard notation equation is as follows:
Q: Throughput margin is equal to revenues minus direct materials and direct labor of the cost of goods ...
A: Throughput margin = sales revenue - material cost .
Q: Question 1 Plagued Engineering Limited produces two products, Niks and Args. The budget for the fort...
A: Step 1 Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for yo...
Q: Give reference also thanks
A: (a) Strategic planning is a pre-planned process that drives the business in the right direction and ...
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A: MJH Company Issued 50 shares of stock with a par value of $10 per share for $12 a share.
Q: Question 03: CPR Abnormal Loss in second department: During the month of may 20xox department No.2 o...
A: Cost of production includes the cost of resources to be allocated to produce the goods. The resource...
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A: working note : (7,100 units @ $7.50 per unit) = $53250 (7,100units @ $4.10 per unit) = $29100 (7,100...
Q: The Joyful Company purchased a machine on November 1, 2019 for P296,000. At the time of acquisition,...
A: When an asset is purchased and used in the operation of the business, its value keeps on declining w...
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A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want...
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A: When bonds are issued at a premium and the effective interest method is used for amortization, at ea...
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A: working notes SH of October= 5600 units * 3hrs=16,800. SH of November= 6000*3=18,000.
Q: If Sales are OMR 400000, Variable cost OMR 320000, Fixed cost OMR 100000. Which of the following sho...
A: Contribution margin = Sales - Variable cost = OMR 400000 - OMR 320000 = OMR 80000
Q: In this problem, p is the price per unit in dollars and q is the number of units.
A: Solution:
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A: Journal entry:- A journal entry is the process of recording business transaction into an accounting ...
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A: Admission of a partner refers to a situation in which a new partner is admitted to the partnership f...
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Q: 1. What is Donors Tax and give examples?
A: The Donor's Tax seems to be a tax on a donation or maybe even a gift that is levied on the gratuitou...
Q: On October 1, 2015, Adoll Company acquired 1,000 shares of its $1 par value stock for $44 per share ...
A: The company can raise capital by issuing financial instruments of the company. The financial instrum...
Q: Which statement regarding management accounting is true ? Select one: O a. Management accounts are p...
A: Management accounting is the process by which useful information about the business operations is co...
Q: Profit volume ratio is used for the calculation of: Select one: O a. For all options provided b. Pro...
A: The profit-volume ratio, which is commonly calculated as a percentage, reflects the connection betwe...
Q: Estrada Corporation has 5,000 shares of 6% cumulative, P100 par value, preference shares outstanding...
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Q: A) if Y = 5000 + 8 *X and units produced 1000 units. total cost Select one: a. 11000 b. 13000 c. co...
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any ...
Q: 1. For the summer session of 20X1, Armando University (AU), a non-profit organization, assessed its ...
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any ...
Q: A partial adjusted trial balance of Concord Company at January 31, 2020, shows the following. CONCOR...
A: Beginning supplies = Ending supplies + Supplies used - Purchase of supplies
Q: At December 31, 2020, Flint Company reported the following as plant assets. Land $ 3,770,000 Bui...
A: The fixed assets are the assets which are used by the business for long run of period.
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A: The general rule gives a maximum § 121 exclusion from gross income of $250,000. In certain cases of ...
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A: The income under variable costing is calculated as per contribution margin and under absorption cost...
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A: The LIFO method is assumed. Thus the 5,000 out of the units which were transferred from dep 1, will ...
Q: ACTIVITY 1. MULTIPLE CHOICE Directions: Encircle the letter of the correct answer. 1. MCL Company ha...
A: The questions are multiple choice questions. Required Choose the Correct Option.
Q: 1. What is Excise Tax and give examples?
A: Answer: An excise or excise tax is an inland tax. It is different from Customs duties. In different ...
Q: Buzz Cola, Inc. is a soft drink manufacturer. Data for the current period is listed below. Buzz Co...
A: Firm wants to eliminate Diet Savings in fixed cost. 1350000*30%= ...
Q: Danilo Solis invested P2. 0 million pesos in an investment having a simple interest of 15%. But afte...
A: Danilo Solis invested P2.0 million pesos in an investment having a simple interest of 15%. But after...
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