Total Hôme Nursing wheels keeping $ 919,000 461,000 458,000 $ 261,000 112,000 149,000 $ 256,000 156,000 100,000 enues iable expenses cribution margin ed expenses: epreciation iability insurance rogram administrators' salaries $ 402,000 193,000 209,000 69,500 43,400 115,900 183,800 412,600 $ 45,400 8,600 20, 200 40,900 52,200 40,800 7,400 38,700 80,400 167,300 20,100 15,800 36,300 51,200 eneral administrative overhead* al fixed expenses 121,900 123,400 operating income (loss) $ 27,100 $ 41,700 $ (23,400)
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- EXHI Meals for the Homeless Statement of Functional Expenses for the Year Ending December 31, 2023 Program Services Support Services Meals Counseling and General Fundraising Management Total Bxpenses Salaries and benefits $35,000 $35,000 $40,000 17,000 $17,000 $127,000 Food Supplies and brochures 2,000 1,000 17,000 1,000 2,000 5,000 Office expenses 1,000 6,000 1,000 3,000 14,000 1,000 10,000 2,000 Rent 1,000 18,000 Professional fees 3,000 3,000 Depreciation 10,000 10,000 Total expenses $83,000 $38,000 $47,000 $23,000 $191,000 Providing information about the underlying nature of expenses gives the user additional insight. Where does Meals' program money go? Is it for food? Does the vast majority of its money go for labor? These questions can be answered using the information in Exhibit 11-4. The analysis of expenses by function and nature is particularly helpful to the user in gain- ing insight into the operations of an organization.CHOOSE THE LETTER OF THE CORRECT ANSWER What is the employee benefit expense for the current year? a. 1,180,000b. 2,100,000c. 1,850,000d. 1,050,000 What is the remeasurement gain or loss on plan assets on Dec. 31? a. 670,000 gainb. 670,000 lossc. 650,000 gaind. 650,000 lossions) Saved Help Save & Exit Submit Bissell Company recelved the following reports of its defined benefit penslon plan for the current calendar year: PBO Plan assets $400,000 195,000 32,000 (80,000) $250,000 30,000 110,000 (80,000) Balance, January 1 Balance, January 1 Service cost Actual return Interest cost Annual contribution Benefits paid Benefits paid Balance, December 31 $547,000 Balance, December 31 $310,000 The long-term expected rate of return on plan assets is 10%. Assuming no other data are relevant, what is the pension expense for the year? Multiple Choice $202,000. $197,000. $227,000. Prev 9 of 15 Next > Show 7 Question no....pages ..pdf Question no....pages MacBook Air 身
- SCRUMPTIOUS CUPCAKESProfit and loss accountfor the year ended 30 April 20202020£SalesSales 220,000Cost of sales 120,000Gross Profit 100,000ExpensesSalaries 24,000Other Fixed cost 4,800Distribution 3,000Advertising 4,500Rent 13,200AHUtilities 3,600Other Cost 4,00057,100Operating Profit 42,900 SCRUMPTIOUS CUPCAKESBalance Sheetas at 30 April 20202020£Fixed assetsIntangible assets -Tangible assets 35,000Investments -35,000Current assetsStocks 3,000Debtors 10,000Cash at bank and in hand 6,30019,300Written ReportsCreditors: amounts falling duewithin one year (11,300)Net Current Assets 8,000Total assets less currentliabilities 43,000Net Assets 43,000Capital and reservesCalled up share capital 100Profit and loss account 42,900Shareholders' funds 43,000 please calculate the folliwing ratios: Profitability Ratios – Gross Profit Margin, Net Profit Margin and ROCE● Liquidity – Current Test and Acid Test● Gearing● Activity/Performance – Stock Turnover, Debtors’ Collection Period and AssetTurnover…Calculate the amount the insurance company will pay: $ Value of Property Amount of Insurance Policy Actual Fire Loss Amount Insurance Company will pay 70,000 $ 40,000 80% Co-Ins $ 11,200 90,000 $ 50,000 80% Co-Ins $ 36,000The following are hospital revenues: P 345,000 Tuition for entry to the nursing school An unrestricted gift of cash General nursing fees charged to patients Charges for physidans care A restricted gift used for research on 52,000 948,000 720,000 genes Dividends from the hospital's 84,000 75,000 investment Revenue from gift shop sales Patient room and board charges 116,000 459,000 103,000 396,000 Proceeds from sales of cafeteria meals Recovery room fees How much is the patient services revenue? How much is the operating revenue? How much is the total non-operating revenue?
- Jeff Irvin Company provided the following information for the current year: Current service cost 500,000 Interest on PBO 600,000 Interest income on plan asset 350,000 Loss on settlement 250,000 Past service cost during the year 300,000 Actual return on plan asset 850,000 Actuarial loss during the year 200,000 Contribution to the plan 1,500,000 What is the employee benefit expense for the current year? O 1,300,000 O 1,050,000 O 1,500,000 O 1,100,000PART I Brave Heart Hospital showed the following major hospital costs at various levels of activity for CY 2020: Month Hospital Admission Major Hospital Cost(P) February 1,300 P850,000.00 March 8,500 P1,350,000.00 April 1,600 P1,150,000.00 May 1,400 P950,000.00 June 1,200 P800,000.00 July 200 P50,000.00 August 1,650 P1,200,000.00 September 1,550 P1,050,000.00 The breakdown of the major hospital costs in the month of May at 1,400 hospital admission is as follows: Accommodation Expense (Variable) P400,000.00 Utilities (Fixed) P300,000.00 Medicine (Mixed) P250,000.00 Total Overhead Cost P950,000.00 Requirements: 1. Determine how much of major hospital cost for the month of August of P1,200,000.00 consisted of medicine cost 2. Using high-low method, determine the cost function for Medicine 3. Using high-low method, determine the cost function for major hospital cost 4. What would be the total major hospital cost if hospital admission is at 2,000?ABFHRL437 Corporation's info is below: (Baruch College Exam) Sales $843,000 VC $168,600 FC $14,350 NOI $660,050 (ID#63561) Q) How much is ABFHRL437's Contribution Margin? A) $ < P.hex
- Using Excel to Account for Pensions PROBLEM Uvo Corporation is a private company with a defined benefit pension plan. The following information is available for Uvo Corporation for 2023. Opening balance, DBO Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem and work areas as indicated. $ 210,000 Opening balance, plan assets 200,000 Service cost 58,000 Employer contributions paid evenly through 2023 77,000 Applicable interest or discount rate 10% Actual return on plan assets $ 25,000 Actuarial loss due to change in actuarial assumptions 14,000 Assuming that Uvo follows IFRS, determine the 2023 effect of the pension plan on pension expense and the company's shareholders' equity. Display amounts to be subtracted as negative amounts. Average plan assets Defined benefit expense: Current service cost Defined benefit expense Remeasurement gain or loss (OCI): ་ Effect on shareholders' equityBKARI013 FINANCIAL ACCOUNTING AND REPORTING I QUESTION 1 During the year 2020, Akasia Maju Bhd (AMB) purchased a piece of land with an existing building for RM1,125,000. The land was valued at RM1,050,000 and the building at RM75,000. AMB demolished the building and constructed a new building as headquarters on the site. The new building and land improvement are expected to last for 80 years with no residual value and the construction was fully completed by the end of the year 2020. The following represents the various items related to the project in year 2020: Items RM Lawyer's fee to close the purchase deal 22,500 Cost of land fill and clearing 18,000 Architect's fee 120,000 Fencing around the land 60,000 Cost of demolishing existing building 97,500 Interest on financing of construction paid during construction 282,000 Receipts from sale of demolition scraps 15,000 Construction costs 1,200,000 Landscaping (trees and shrubs) 30,000 Parking lots and concrete walks on the property…Jeff Irvin Company provided the following information for the current year: Current service cost 500,000 Interest on PBO 600,000 Interest income on plan asset 350,000 Loss on settlement 250,000 Past service cost during the year 300,000 Actual return on plan asset 850,000 Actuarial loss during the year 200,000 Contribution to the plan 1,500,000 What is the total defined benefit cost? O 1,700,000 O 800,000 O 1,000,000 O 1,500,000