Accounting question and answers for October 28, 2023
- Q A company's cost formula for its supplies cost is $1,200 per month plus $20 per unit. For the month of November, the company planned for activity of 618...
- Q Required: 1. Compute the Drying Department's equivalent units of production for pulping and conversion in March. 2 Compute the...
- Q Cul de los siguientes aparecera como un ajuste del perodo anterior? a. prdida resultante de la venta de activos fijos b. diferencia entre las cuentas por cobrar incobrables reales y...
- Q Todo lo siguiente debe incluirse en el ingreso bruto, excepto : a. Ingresos del seguro de accidentes b. Ingresos de...
- Q Ratios help by removing most of the effects of __size__ differences Use relative measures (percentages) rather than _____ measures ($ values)
- Q The 2018 financial statements for Jam Supply, Inc., show total assets of $510,000, total liabilities of $285,000, net sales of $900,000, net income of $150,000, income from operations...
- Q Which of the following statement(s) is/are true regarding standard costs and cost variances? i. they can be used in performance evaluation of managers and divisions. ii....
- Q Accrued revenues have been earned and collected, but not yet recorded. have been collected, but not yet earned or recorded. have been collected and recorded. have been earned, but not...
- Q Burton Company purchased goods for resale. Burton Company paid some cash for the purchase and the remainder was put on the company's credit accounts with its suppliers. What...
- Q iv. How you passed the entry of scrape material for: Transfer scrape to inventory Sold scrape to inventory market value
- Q Romano, a citizen and resident of Colombia, invested $6 million in Knickerbocker, a wholly owned U.S. corporation. Knickerbocker acquired an apartment building in...
- Q The Professional Service Company expects 80% of sales for cash and 20% on credit. The company collects 75% of its credit sales in the month following sale, 20% in the...
- Q Rocky Mountain Bottling Company produce un refresco que se vende por un dlar. Con una produccin y ventas de 800 000 unidades, la empresa paga $600 000 en costos...
- Q Fred Jackson an active duty service member receives student loan repayment benefits on 2,700 annually. InNovember 2018 , Fred was deployed to Afghanistan. How much of Fred's student loan repayment...
- Q Timing and amount of revenue recognition is important step to provide fair representation of company. Discuss steps that are necessary for this recognition. Provide detailed discussion
- Q Shadee Corporation expects to sell 540 sun shades in May and 390 in June. Each shade sells for $148. Shadees beginning and ending finished goods inventories for...
- Q What happens when an entity was imposed to financial prohibitions? Is there any financial considerations arise with the transaction? Please refer to CPA Handbook IFRS/IAS or ASPE section.
- Q Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $990. Selected data for the company's operations...
- Q Question 25 A clause is a portion of a contract that O Requires all parties to act morally Describes requirements and responsibilities of...
- Q Verdadero o falso 1. Presupuesto = control 2Los presupuestos fciles son los objetivos ms motivadores. 3. La presupuestacin no facilita la coordinacin e integracin de actividades. 4. Hacer un presupuesto...
- Q On January 1, 2017, DELL Corporation purchased the non-cash net assets of YVR Ltd. for $8,414,100. Following is the statement of financial position of YVR Ltd. from the company's year-end...
- Q Cayden qualifies for and will be claiming the tuition and fees deduction this year. He paid $12,988 in tuition, $890 for books he purchased online, and $3,500 for a laptop...
- Q Lister Corporation, aadaki katk biimi gelir tablosunu salamtr. Aadaki bilgilerin ilgili aralkta olduunu varsayalm. Satlar (3.000 adet) 90.000 $ Deiken giderler 58.500 Katk pay 31.500 Sabit giderler 21.000 Net iletme...
- Q Under each of the following three assumptions: - No expansion in net capital assets is required. - A 10% increase in net capital assets is required. - A $15,000 increase...
- Q The qualitative characteristic of consistency: Multiple Choice is achieved through comparability. presumes that an accounting principle, once used, should not be changed. ensures that like items look similar. enables...
- Q Cavy Company accumulated 570 hours of direct labor on Job 345 and 790 hours on Job 999. The direct labor was incurred at a rate of $18 per...
- Q what is online corporate training? it's an application?
- Q please answer and explane , thank you in advance , 13) 13) Runway Corporation has $2 million of gross receipts in the preceding year. For purposes...
- Q If the direct material costs, direct labour costs and manufacturing overhead costs are R100 000, R70 000 and R30 000 respectively, then the conversion cost...
- Q Gino's Restaurant is a popular restaurant in Boston, Massachusetts. The owner of the restaurant has been trying to better understand costs at the restaurant...
- Q There the 6 possible mechanisms can be used to reduce the perceived risk of purchasing in using services. List 3 only. Use the editor to format...
- Q Sales (4,580 units) Variable costs Contribution margin Fixed costs Operating profit $435, 100 270,220 164,880 136,100 $ 28,780 If the company sells 4,380 units, its operating...
- Q A company has 10,000 shares of 7% preferred stock issued and outstanding. The preferred stock has a par value of $100 per share. This means that: A. If the Board...
- Q Briefly discuss the drawbacks of differential piece rate system in labor costing
- Q Here is a sample Payroll Register for a weekly payroll of an Ontario company: Week of Jan 31 Hours Earnings Employee Rate...
- Q Cul de las siguientes no es cierta sobre la Previsin para Cuentas de Cobranza Incobrable? Opcin multiple Se debita cuando se dan de baja las cuentas...
- Q A copy machine is available 24 hours a day. On a typical day, the machine produces 100 jobs. Each job takes about 3 minutes on the machine, 2 minutes of...
- Q Windswept, Inc. has 137 million shares of stock outstanding. Its net income is $397 million. price-earnings ratio is 0.79. What is the market price per share of stock?
- Q Packard Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions are cash transactions.) 1) Acquired $1,650 cash from the issue...
- Q Only answer if you're absolutely certain, please. The transactions below pertain to the firms second month (October) of operations. 1. Paid $11,000 to the supplier to complete payment...
- Q Fleeson Company needs additional funds to purchase equipment for a new production facility and is considering either issuing bonds payable or borrowing the money from a local bank in the...
- Q Current Attempt in Progress The management team of Sheffield Transport, an equipment-assembly company, is evaluating its inventory costs for the current year. One of its goals...
- Q Comprehensive Problem 1 [The following information applies to the questions displayed below.] On December 1, 2015, John and Patty Driver formed a corporation called Susquehanna Equipment Rentals. The...
- Q Un empleado gan $43,000 durante el ao que trabaj para un empleador. El impuesto FICA para la seguridad social es del 6,2 % y el impuesto FICA para Medicare es...
- Q On January 1 of this year, Barnett Corporation sold bonds with a face value of $500,500 and a coupon rate of 6 percent. The bonds mature in 12 years and...
- Q The Lowe Company sells cake mixes. The company began a coupon offer in 20x5, as follows: When customers redeem three proof of purchase coupons...
- Q Dodo Airlines produces two products for it's island travel passengers. Peanuts (A) and Pretzels (B). Dodo airlines uses a traditional absorption or...
- Q Problem 22-5A (Part Level Submission) Mozena Corporation has collected the following intormation arter its first year of sales. Sales were $1.590,000 on 106,000 units; seling expenses s256.000 39%...
- Q La empresa Wildhorse firm un contrato de arrendamiento de un edificio de oficinas por un perodo de 14 aos. Segn el contrato de arrendamiento, se hace un depsito de seguridad...
- Q Additional Information for 2025: 1. Land of $900,000 was obtained by issuing a note payable to the seller. 2. Buildings of $920,000 and equipment of $43,200 were purchased...
- Q Calculate Windsor Company's cost of goods sold, gross margin, and ending inventory using: i. FIFO ii. Weighted-average (Round calculations for cost per...
- Q Stephanie Ram Corporation have a $880,000 "bond issue" dated February 1,2016 due in 10 years with an annual interest rate of 12%. Interest is payable February 1 and...
- Q please type your answer , thank you In 20-- the annual salaries paid each of the officers of Perez, Inc., follow. The officers are...
- Q INVOLVE was incorporated as a not-for-profit voluntary health and welfare organization on January 1, 2017 During the fiscal year ended December 31, 2017, the following transactions occurred....
- Q If it is to be successful, the quality of products offered in a food service operation should
- Q Just need some help on this and the parts that follow please! I will rate! Many thanks and God bless! W S4-4 (similar to) Question Help -...
- Q The trial balance of Novak Inc. and other related information for the year 2020 follows: Credits $9,500 NOVAK INC. Trial Balance December 31, 2020 Debits Cash $52.000 Accounts...
- Q After your studies, assume you have started a medium-scale manufacturing company. Out of two techniques of product costing i.e. Absorption Costing and Marginal Costing which technique would you follow? Support...
- Q where are the critical information assets located for the companies? what is meant by physically secure area and is there other secure area? Are all critical information assets located...
- Q Kim West, an employee for Cincinnati Gearing Systems, earns $3,300 per month working for an employer. The FICA tax rate for Social Security is 6.2% and the FICA tax rate...
- Q Company A is the Lessee. Company B is the Lessor. Company B rents an asset to Company A for a term of 3 years. The economic life of the asset...
- Q A company had a return on common stockholders' equity of 25%. Net income equaled $200,000 and average common stockholders' equity equaled $700,000. Compute the...
- Q Required information [The following information applies to the questions displayed below.] Sammy's Sportshops has been very profitable in recent years and has seen its stock price...
- Q The following information is available from previously prepared budgets for the month of March: March Sales Revenue (from Sales Budget) 56,300 Cost of Goods Sold (from Cost of...
- Q Fixed Component per Month Revenue Technician wages Mobile lab operating expenses office expenses Advertising expenses Insurance Miscellaneous expenses $ 8,300 $ 4,800 $ 2,200 $ 1,610...
- Q the iasb conceptual framework is the only standard used to develop accounting standards. true or false
- Q Spartan Sportswear's current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data were abstracted from a recent financial statement: Inventories $ 160,000 Total assets $ 840,000...
- Q Haughton Company uses a job costing system for its production costs and a predetermined factory overhead rate based on direct labor costs to apply factory overhead to all jobs. During...
- Q From a marginal analysis perspective, what is the inventory carry cost for Andrews if the company carries one additional unit of Adam in inventory at the end? What is an...
- Q A partnership has the following account balances: Cash, $81,000; Other Assets, $595,000; Liabilities, $241,000; Nixon (50% of profits and losses), $205,000; Cleveland (30%), $140,000; Pierce (20%), $90,000. The company liquidates,...
- Q Adelaide Ltd purchased a machine on 1 July 2020.The machine cost $90,000, shipping costs were $15,000 and installation costs were$5,000. The machine will be depreciated using the reducing balance method...
- Q On March 1, 2022, Cullumber Company acquired real estate, on which it planned to construct a small office building, by paying $76,000 in cash. An old warehouse on the property...
- Q discuss the significance and operation of the business judgement role. ( corporation law)
- Q (For Alteryx Designer) The workflow screen displays all except a. Canvas b. Results window c. Backup window d. Tool Palette
- Q The total costs on job cost sheets for jobs that are not yet completed equals the balance in the Work in Process Inventory account. true or false
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