Accounting question and answers for May 14, 2024
- Q please assist
- Q Based on past experience, a manufacturing process requires 4.5 hours of direct labour for each $3000 worth of raw materials processed. If the company is planning to consume $150,500 worth...
- Q Bluegill Company sells 8,300 units at $180 per unit. Fixed costs are $74,700 and income from operations is $522,900. Determine the following: Round the contribution margin ratio to two decimal...
- Q Which of the following statements is true regarding Federal Unemployment Tax (FUTA)? Multiple Choice FUTA is a payroll tax owed by the business and reported annually on tax form 940....
- Q Indigo sells a book for $29. The stores overhead expenses are 43% of cost and the owners require a profit of 20% of cost. What is the cost...
- Q Financial data for Joel de Paris, Inc., for last year follow: The company paid dividends of $344,480 last year. The "Investment in Buisson, S.A.," on the balance sheet represents...
- Q What factors should be considered in setting (a) the direct materials price standard and (b) the direct materials quantity standard? WT 1
- Q Martin Co. uses job order cost sheets when making its products. The sheets used by Martin showed the below information: Job. No. Bal., May 1...
- Q Breve ejercicio 5-08 Explique dnde aparecera cada uno de los siguientes elementos en un estado de resultados de varios pasos. Artculo Seccin Ganancia por enajenacin de activos de planta seleccione...
- Q MARJORAM COMPANY Balance Sheet At December 31, 2021 Cash Notes receivable (due August 15, 2022) Accounts receivable (net) Inventory Property, plant, and equipment (net) Intangible assets Total...
- Q Alexandra Cunningham of Gardner, Massachussets, has a $100,000 participating cash-value policy written on her life. The policy has accumulated $4,700 in cash value; Alexandra has borrowed $3,000 of this value....
- Q What are the current trends in logistics and distribution when it comes to DHL
- Q Calculate the price of a 5.7 percent coupon bond with 18 years left to maturity and a market interest rate of 5.6 percent. (Assume interest payments are semiannual.) Note: Do...
- Q Levi Canel is a salaried nonexempt employee. He is oaid weekly for 40 hours worked and earns $40,000 per year. Levi worked 8 Hours of overtime. What is his gross...
- Q The debate about different consumption theories can be viewed as a debate over whether A) the consumption of durable or non-durable goods should be considered B) random events that can...
- Q The flowing information describes a companys usage of direct labor in a recent period: Actual hours used 23,500 Actual rate per hour $15 Standard rate...
- Q TyroneCo, an S corporation with a positive E & P balance, reports gross receipts for the year totaling $533,000 (of which $266,500 is passive investment income). Expenditures directly connected to...
- Q how many type of depreciation calculation Methods are used and please give brief details about of them.
- Q P1, P2, and P3 are partners in XYZ Inc. Their capital balances on Dec 31, Year 5, are $251,367 for P1, $349,153 for P2, and $185,032 for P3. Among these...
- Q Fuller Entries into T Accounts and Trial Balance Connie Young, an architect, opened an office on October 1, 2019. During...
- Q Thomlin Company forecasts that total overhead for the current year will be $11,220,000 with 187,000 total machine hours. Year to date, the actual overhead is $5,208,000, and the actual machine...
- Q On January 1, 2023, French Company acquired 60 percent of K-Tech Company for $306,000 when K-Tech's book value was $406,000. The fair value of...
- Q In 2019, Osgood Corporation purchased $7.4 million worth of 10-year municipal bonds at face value. On December 31, 2021, the bonds had a fair value of $4,000,000 and Osgood reclassified...
- Q What is the rationale for used the Equity Method for accounting for Investments in the Common Stock of another Corporation? Describe the accounting for Investments in Common Stock under the...
- Q Based on the following information, prepare a Statement of Cash Flow for Finale Company: Finale Company Balance Sheet December 31, 20x5 and 20x4 Assets Cash Accounts Receivable Inventory Prepaid...
- Q Preparing the engineering design and preparing tools to make a new product added to a company's product line would be a good example of a batch level activity. Select...
- Q El balance clasificado de una empresa report activos corrientes de $1,494,149, pasivos totales de $808,540, acciones ordinarias de $1,090,000 y ganancias retenidas de $139,260. La relacin circulante era de 2,3....
- Q 3.00% 3.1996 11. What is your EBC on the loan described in question #10 if, in addition to the two discount...
- Q PLEASE HELP!! NEED HELP TONIGHT!!! Paul Sabin organized Sabin Electronics 10 years ago to produce and sell several electronic devices on which he had secured patents. Although the company...
- Q Franco converted a building from personal to business use in May 2019 when the fair market value was $55,000. He purchased the building in July 2016 for $80,000. On December...
- Q Justice Company iki yl nce 50.000$'a bir makine satn ald. Makinenin kalnt deeri yoktu ve tahmini faydal mr 10 yld. irket dorusal amortisman yntemini kullanyorsa, makinenin mevcut bom deerini...
- Q The stock market jumped 1% today. Lending Tree, a peer-to-peer lender, has a average daily range of 5.5%. Are these large movements and how do we tell?
- Q A village has six residents, each of whom has accumulated savings of $100. Each villager can use...
- Q You have borrowed $10,000 from a bank with the understanding that vou will nat it ff rith a lumn a
- Q which costing system (activity based or traditional costing)provides a more accurate picture of what happens to profits as the number of units ordered increases? explain
- Q At year-end, Harris Co. had shipped $12,000 of merchandise FOB destination to Harlow Co. Which company should include the $12,000 of merchandise in transit as part of its year-end inventory?
- Q Costco issued 5,000 shares of common stock of $1 par value per share at $20 per share. What is total equity for Costco? A) 5,000 B) 100,000 C) 95,000 D)...
- Q Question 31 of 35 -/3 View Policies Current Attempt in Progress How much must be invested now to receive $68,000 for ten years if the first $68,000...
- Q can you please include and show work Problem 14-10A ayio) Effective-interest-rate method and bond retirement tee issues 4180,o00...
- Q Al final del ao (31 de diciembre), Chan Company estima que sus deudas incobrables equivalen al 1% de sus ventas anuales a crdito de $487 500. Chan registra su Gasto...
- Q Use the following to answer questions 24-27: The financial statements of Wines, Inc., provide the following information for the current year: ...
- Q A manufacturing company sells a piece of equipment to make space for new machinery. The company will receive the sales price of 50,000 at the end of the 4 years....
- Q A journal entry would NOT be required for which type of reconciling item? A. A bank service charge B. An NSF check C. Collection of...
- Q Ben Lieber is a waiter at Harbor House, where he receives a weekly wage of $82.00 plus tips for a 40-hour workweek. Lieber's weekly tips usually range from $285 to...
- Q Hi guys, I need help with these question. Thank you so much On January 1, 2022, Sam and Sara formed a new business entity called Nice Brother Co. Sam contributes...
- Q Could you help me answer the following questions, Thank you. . Genitive Ltd Deferred Taxation Worksheet - 30th September 2019 Current tax payable $ Statement of Tax base Deductible Taxable...
- Q Mason Corporation had $1,054,000 in invested assets, sales of $1,201,000, to $237,000, and a desired minimum rate of return of 13%. income from operations amounting...
- Q R\&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs for three types of tax returns follow. Fixed costs total $39,560
- Q Lawler Manufacturing Company expects annual manufacturing overhead to be $540,000. The company also expects 54,000 direct labor hours costing $600,000 and machine run time of 18,000 hours. Calculate predetermined overhead...
- Q Bitoin Company had the following classes of stock outstanding at December 31, 2020 Ordinary Share, P20 par P12,000,000 12% Preference Share Capital, P100 par cumulative and fully participating 6,000,000 10%...
- Q solve it
- Q Assume the company uses LIFO. Complete the table below and the information below the table if the company selects LCM under the unit-by-unit basis
- Q Fawkes Enterprises purchased equipment for $196,000 on January 1, 2021. The equipment is expected to have a 7-year life and a residual value of $14,000. Fawkes uses the sum-of-the-years'-digits method...
- Q How can green processes yield a good reputation for a firm? Give some examples
- Q Question 27 3 points Save iabilities of $2400,000. During the year, the business recorded $630,000 in revenues, $420,000 in expens t Fat Possum's Service Shop...
- Q There are many components of a 10K filing. Pick three components that you find are the most important and explain why? Can you find them in the annual report as...
- Q Exercise 10-22 The following transactions occurred during 2020. Assume that depreciation of 10% per year is charged on all machinery and 5% per year on buildings, on a straight-line...
- Q Cash Payments First Third Second Quarter Fourth Quarter Quarter Quarter Total Total direct materials purchases First Quarter Second Quarter Third Quarter Fourth Quarter Total Cash Payments Direct Materials: Accounts...
- Q 8. Complete the partial comparative balance sheet (AJ). Round to nearest hundredth percent
- Q XYZ Inc is going through a reorganization and will do an exchange of its bonds after discussions with lenders. It currently has $139,874 of 9.19% debenture bonds outstanding. These bonds...
- Q A customer support job requires workers to complete a particular online form in 420 seconds. Les can finish the form in 710 seconds. What is his efficiency? Les's efficiency is...
- Q Thomlin Company forecasts that total overhead for the current year will be $11,220,000 with 187,000 total machine hours. Year to date, the actual overhead is $5,208,000, and the actual machine...
- Q explain what constitutes a dual status alien for tax purposes and the effects of dual status on taxation.
- Q What are the 4 sections of basic writing structure?
- Q corporate accounting - please i need this ASAP Star India Ltd. issued 5000 Debentures of BHD 200 at 8%, each payable as follows: BHD 40 on Application,...
- Q the supplies account had a balance of $6500 on march 1, y6. $5400 of supplies were purchased during the year and unused supplies on december 31 were 2750. if the...
- Q Crowdsourcing I based on the believe of "wisdom of crowds". O True O False
- Q Consult Paragraphs 57 of PCAOB Auditing Standard No. 13. Comment on how your understanding of the inherent risks identified at Enron (in Question 13) would influence the nature, timing, and...
- Q P1, P2, and P3 are partners in XYZ Inc. Their capital balances on Dec 31, Year 5, are $349,863 for P1, $485,985 for P2, and $257,536 for P3. Among these...
- Q Los miembros del servicio domiciliados fuera de California y sus cnyuges, qu tipo de ingreso excluyen del ingreso bruto al calcular la tasa impositiva sobre el ingreso no militar? ...
- Q nner-UNF Corporation acquired as a long-term investment $250 million of 4.0% bonds, dated July...
- Q Common stock will increase Equity. True or false?
- Q Define and compare financial flexibility to liquidity and solvency and in your opinion identify which of the three is most important to creditors. and why?
- Q What are freight forwarders? How do they function? What services do they perform
- Q Using the sample professional liability insurance policy (Guido, p. 193-194), locate the various provisions: Limits of liability Declarations Deductibles Exclusions Reservation of rights Covered injuries Defense costs Coverage conditions and...
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