Accounting question and answers for September 13, 2023
- Q Total fixed costs for Randolph Manufacturing are $754,000. Total costs, including both fixed and variable, are $1,000,000 if 150,000 units are produced. The variable cost per unit is ...
- Q Salma is taking out a mortgage for S166,000 to buy a new house and is deciding between the offers from two lenders. She wants to know...
- Q Abe Factor opened a new accounting practice called X-Factor Accounting and completed these activities during March 2020: Date 1 March 1 March 3 March 5 March 9 March 11 March...
- Q Milo Company manufactures beach umbrellas. The company is preparing detailed budgets for the third quarter and has assembled the following information to assist in the budget preparation: a....
- Q Assume that the demand curve is a straight line. If the price per unit of a good rises from $4.50 to 6, it is expected that monthly demand will fall...
- Q Schylar Pharmaceuticals, Inc., plans to sell 125,000 units of antibiotic at an average price of $18 each in the coming year. Total variable costs equal $855,000. Total fixed...
- Q Suppose Lightspeed Industries has the following revenue and expenses for 2019: Revenues of $9,800,000 Cost of Goods Sold of $1,960,000 Depreciation Expenses of $800,000 Income Taxes of $2,196,000 Interest Expenses...
- Q Compare and contrast the ROI, RI and EVA methods of performance evaluation. Which method(s) do you like the most and why?
- Q What impact do the terms of trade have on the determination of the quantity and value of inventory on hand where goods are in transit at the end of the...
- Q Using the balances from the Adjusted Trial Balance, complete the Balance Sheet of Daily Drive, Inc. as of December 31
- Q Assume that the actual overhead is $613,000 in a given year, the overhead rate is $10 per unit, 60,000 units were sold, and 59,000 units were produced. For...
- Q need help please Reas the eredtamants Requirements 4. megre the vartencet. Standard Price and Volume Actual Results
- Q Finch Company began operations on January 1, year 1, by issuing common stock for $32,000 cash. During year 1, Finch received $61,600 cash from revenue and incurred costs that required...
- Q Total fixed costs for Green Planes Inc. are $120,000. Total costs, including both fixed and variable, are $600,000 if 150,000 units are produced. The total variable costs...
- Q Sachs Brands's defined benefit pension plan specifies annual retirement benefits equal to 1.2% * service years * final year's salary, payable at the end of each year. Angela...
- Q The following information is available for Dorman Company: Which of the following statements is correct? a. The dividend yield is 6.0%, which is of interest to investors seeking an increase...
- Q The government has been trying to decide whether or not to purchase any stealth bombers. One of the arguments in favor of purchasing the bombers is that since so much...
- Q Marigold Corp. sells MP3 players for $80 each. Variable costs are $20 per unit, and fixed costs total $120000. How many MP3 players must Marigold sell to earn net income...
- Q Required information The Foundational 15 (Algo) [LO10-1, LO10-2, LO10-3] Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost...
- Q When an auditor performs a physical inventory count, the auditor can obtain evidence regarding the assertion of Existence by selecting items to be...
- Q expenses. In addition, the total cost of $800 is made up of $460 variable cost and $340 fixed cost. The desired profit is $88 per unit. ...
- Q 1 plus 1 equal ?
- Q Todos los siguientes son ejemplos de cmo una empresa matriz puede perder el control sobre una subsidiaria y descontinuar la consolidacin futura, excepto: a. La matriz vende parte de...
- Q In 2016, Concord Corporation sold 3000 units at $750 each. Variable expenses were $660 per unit, and fixed expenses were $780000. The same variable expenses per unit and fixed expenses...
- Q 2) Outline what activities the auditor of Wirecard could have undertaken to uncover the accounting fraud described in the case, AND justify why you are recommending these activities
- Q Una empresa recibe un pagar al 10% a 90 das por $3,900. El inters total adeudado en la fecha de vencimiento es: (Usar los 360 das del ao). ...
- Q Sar? irketin deiken giderleri satlarn %40'n oluturuyor ve aylk sabit giderleri 15.000$. Aylk hedef iletme geliri 7.200 ABD dolardr. Hedef satlarn yzdesi olarak aylk gvenlik marj nedir? dolar m?
- Q The following monthly data are available for Crane Company. which produces only one product: Selling price per unit, $38; Unit variable expenses, $14; Total fixed expenses, $42000; Actual sales for...
- Q Your client has a number of assets that she is considering gifting to her daughter. Given the following assets, and the fact that your client has expressed a goal of...
- Q Which of the following statements regarding the application of the Code to students of a professional accounting body is/are true?(1) Registered students are bound by the Code, as affirmed...
- Q Assume that total sales including tax are 75,000 $ and tax rate is 20%. The journal entry to record this operation includes: Select one: A. credit...
- Q Turbo is U.S corporation. This year, it earned $5 million before tax-income and paid $175,000 income tax to jurisdictions other than the United States. A) Compute Turbos U.S. federal income...
- Q Statement of Cash FlowsA method of reporting the cash flows from operating activities as the net income from operations adjusted for all deferrals of past cash receipts and...
- Q Crane Company has a materials price standard of $3 per pound. 5800 pounds of materials were purchased at $3.20 a pound. The actual quantity...
- Q Presented below is the trial balance of Sheridan Corporation at December 31, 2020. Debit Credit Cash $271,400 Sales Revenue $11,178,000 Debt Investments (trading) (at cost, $218,000) 211,600 Cost of Goods...
- Q 14. In early January 2020, Marigold Inc., a private enterprise that applies ASPE, purchased 40% of the common shares of Washi Corp. for $377,000. Marigold was now able to exercise...
- Q Harry Jones owed $20,000 in property taxes. He received a check from Investments R US in the amount of $20,000. He wrote on the back of the check "Payable to...
- Q Sky High Company has two departments, X and Y. The following estimates are for the coming year: X Y Direct manufacturing laborminushours X:30,000 Y:50,000 Machinehours X:50,000 Y:30,000 Manufacturing overhead X:$180,000...
- Q I want 100% correct, Please skip if you are not sure. ** Con the following table Contains observations on The Sup line systolic and...
- Q Consider the following list of projects: Project Investment NPV A 405,000 18,000 B 600,000 90,000 C 375,000 60,000 D 450,000 6,000 E 525,000 30,000 F 225,000 30,000 G 240,000 27,000...
- Q The responsibility to obtain reasonable assurance that the financial statements, taken as a whole, are free from material misstatement, whether caused by fraud or error lies with the:* ...
- Q Consider a manufacturing firm which sells its own products. The Sales Budget begins by estimating the quantity of sales, often using last year's sales as a starting point. should...
- Q Background information: You have recently started working at an accounting firm and the partner has assigned one of the clients, White Lily Hair Salon Inc. (White Lily), to you. The...
- Q Looking for answer Milestone 1-3 Overview The final project for this course is the creation of an Excel spreadsheet model that shows the consolidation worksheet, intercompany elimination entries, other consolidation...
- Q The purpose of the IFRS Interpretations Committee is to: Consider accounting issues that are likely to receive unintended or unacceptable treatment in the absence of any other form of...
- Q Sandhill Corporation is considering purchasing a new delivery truck. The truck has many advantages over the company's current truck (not the least of which is that it runs)....
- Q This is the second component of the problem solving assessment task. Your response to Part B should also consider relevant data provided in Part A and feedback provided...
- Q Crawford Company tiene las siguientes unidades equivalentes para julio: materiales 20 000 y costos de conversin 18 000. Los datos de costos de produccin son: Conversin de materiales Trabajo en...
- Q (1 point) Find the critical values x - xial and xk xa that correspond to 98% degree of confidence and the sample sizen -20, x2 xHD
- Q En qu momento se produce el reconocimiento de ingresos? A. Cuando se recibe la orden de compra B. Cuando el vendedor recibe el dinero por el trabajo ...
- Q La cuenta de efectivo de Pala Medical Co. al 30 de junio de 20Y1 indic un saldo de $97,456. El extracto bancario indic un saldo de $127,960 al 30 de...
- Q If there were 80000 pounds of raw materials on hand on January 1, 100000 pounds are desired for inventory at January 31, and 270000 pounds are required for January production,...
- Q Can someone please assist. Please dont copy and paste someone else asnwers. Thanks
- Q Sakina Decides to set up a sinking fund for retirement. She seeks to accumulate 374,387.41$ after 29 years by deposting 900$ at the end month into an account that pays...
- Q Van Dyck and Co. is preparing its 2017 financial statements. It has two items of depreciable property: both are depreciated using straight-line for financial reporting purposes. One is a set...
- Q Please ahow your work so i can see what you did and PLEASE format it the way it is in my photo. there are several...
- Q Tax 665 Milestone Two Introduction: Grantor Trusts: Untilizes intentionally defective grantor trusts to accomplish longterm minimization of the client's estate tax liability Tables: Transferred wealth over time: Assesses the amount...
- Q In the context of IT Risk Assessment, when for instance a company like Zoom video conducts an analysis of its software services and estimates that the likelihood for a system-wide...
- Q please do in excel you own a bond that pays 12% in annual coupon interest. it matures in 15 years. calculate the value of the bond if your required...
- Q Spencer James is 41 years old. He has been married to Suzanne James for over 10 years. Suzanne is 40 years of age. The couple have three children....
- Q Why are the lower cost and net realisable value rules used in the accounting standard? Is it permissible to revalue inventory upwards? If so, when?
- Q Alex was a bank teller at Wells Fargo Bank. One of his long time customers is Bill. Bill is the manger of Buffalo Wild Wings. Everyday is comes in noon...
- Q Exercise 1110 (Static) Make or Buy Decision [LO11-3] Futura Company purchases the 40,000 starters that it installs in its standard line of farm tractors from a...
- Q The two partners in a business often pay personal bills by writing checks on the business bank account. Is this a good business practice? Explain. How should such payments be...
- Q what disclosures are required of reporting entities with regard to related party transactions? how can this be useful to readers of financial parties
- Q Describe in at least one paragraph how you will utilize this social media platform to connect withprospects and encourage future sales.
- Q Porter corp has fixed costs of $660,000, variable costs of $24 per unit and a contribution margin ratio of 50%. Compute the following. A. Unite Sales Price B. Unit Contribution...
- Q A cell phone company offers two different plans. Plan A costs $92 per month for unlimited talk and text. Plan B costs $0.20 per minute plus $0.10 per text message...
- Q Required information [The following information appiles to the questions displayed below] Listed here are the costs associated with the production of 1,000 drum...
- Q A project costs $475 and has cash flows of $100 for the first year and $75 each year for the next 8 years. What is the payback period for the...
- Q En el numero 49869 cuantas decenas hay?
- Q Blair Scott started a sole proprietorship by depositing $41,000 cash in a business checking account. During the accounting period the business borrowed $20,000 from a bank, earned $6,000 of net...
- Q Green Thumb Gardening is a small gardening service using activity-based costing to estimate costs for pricing and other purposes. The owner...
- Q Required Prepare the closing entries. Exercise 4-8 Closing entries LO2,3 Improv Club (IC) features entertaining improvisational theatre performances. The theatre features a range of shows and talented performers....
- Q financial accounting 8th edition p1-3 (34p)
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