Auckland University plans to offer three short courses for executive managers who want to be CIMA members. Information regarding all three courses is presented in the table below:
Q: The management of Marigold Industries estimates that credit sales for August, September, October,…
A: The cash collection is done as per the collection schedule. Collection for October include 25% of…
Q: Prepare Natura Co.’s journal entries to record the following transactions involving its short-term…
A: The short term investments are the current assets which can be converted into cash within one year.
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A: The high low method is a cost segregation method where the difference in cost is divided by…
Q: a. Show the accounting entries that you would make to record depreciation on tractors of R20 000,…
A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…
Q: The following information pertains to York Rafting Company: 2 Issued common stock to investors for P…
A: Journal entries are the basic method for recording financial transactions in the books of accounts.…
Q: of product but actually produced only 7,400 units. Actual fixed overhead costs were $286,100.…
A: The standard cost variance is the difference between a standard cost and an actual cost.
Q: Explain the relationship between the price of a bond, coupon rate, yield and time.
A:
Q: What Could Go Wrong t assertion(s) Purchase order is inappropriate because: the purchase order does…
A: The answer is stated below
Q: The actual cash received from cash sales was $14,953 and the amount indicated by the cash register…
A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…
Q: Compute their federal income tax
A: Taxable income = 110000-5000=105000
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A: There were some issues to the companies that has operations across the globe. The…
Q: 1. Use the additional information to calculate the total cost of merchandise purchases 2. Prepare a…
A: An income statement is the one that is prepared by the company as a part of a financial statement by…
Q: A machine was purchased on 1.1.2015 for BDT 5,00,000. On 1.7.2015 another machine was purchased for…
A: Depreciation expense for 2015 = 500,000 × 10% × 1212 + 300,000 × 10% × 612…
Q: Burchard Company sold 39,000 units of its only product for $16.80 per unit this year. Manufacturing…
A: Contribution Margin: "The contribution margin is the total amount of income available after variable…
Q: Exercise 13-33 (Algo) Estimate Purchases and Cash Disbursements (LO 13-4, 5) Lakeside Components…
A: Calculation of estimated purchase in units and cash required are as follows.
Q: egarded as a primary to nning? Discuss within
A: A business needs funds to run its operations. It needs money to run its day-to-day operations and to…
Q: Cash on hand and in bank 5,960 1,200 8,000 1,100 1,000 1,800 4,000 300 600 32,000 4,500 48,630 820…
A: Formula: Net income = revenues - expenses
Q: QUESTION 2 Gary inherited a Maine summer cabin on 10 acres from his grandmother. His grandparents…
A: Comment- We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Discuss the advantages of a registered Co-operative society.
A: The cooperative society philosophy seeks to benefit the common man by liberating him from the…
Q: $14,500, accounts receivable of $473,000, inventories of $482,250, and accounts payable of $169,055.…
A: A Cash Budget is a forecast of expected cash receipts & expected cash payments. The Cash Budget…
Q: Compute for the Economic order quantity, assuming the no of units of materials required annually…
A: Annual requirement (A) = 120,000 Units Ordering cost per order (O) = P39.00 Carrying cost per order…
Q: Rey figures för Apple and Google follow. S millions Cash and equivalents Accounts receivable, net…
A: Common size percentage is where each amount of balance sheet is expressed as percent of total assets…
Q: DZL. 7-2 Project: Company Accour X D21. 7-1 Problem Set: Module Sev X CengageNOWv2 | Online tea x…
A: Return on common stockholders equity can be calculated by dividing net income by stockholders…
Q: and B form a partnership on January 1 of Year 1. Each makes a cash contribution to the partnership…
A: a. Under section704(a) allows the partners how to allocate income gains, losses and deductions . The…
Q: Modern Lighting Inc. manufactures lighting fixtures, using lean manufacturing methods. Style Omega…
A: The cost per unit is calculated as total cost divided by number of units.
Q: A machine has a first cost of P97,198.62 and has an expected salvage value after 10 years…
A: Introduction: Depreciation: Decreasing value of fixed assets over its useful life period called as…
Q: s decided to spend P1,200,000 to provide facilities immediately and to provide P100,000 of capital…
A: Given: The initial amount = $5 million The spendable amount = $1.2 million The amount of capital…
Q: Beagle Corporation has 28,000 shares of $10 par common stock outstanding and 15,000 shares of $100…
A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…
Q: Why are market-based weights used instead of book-value-based weights when computing the weighted…
A: Market value is that present worth of the firm or any resource in the market on which it tends to be…
Q: d debt percentage
A: The net rate of return is the return on an asset after expenses such as taxes, depreciation, and…
Q: to service a minimum
A: Khaki Pants have a higher contribution margin per minute on the cutting machines. As the cutting…
Q: William and Miller Brown run a real estate brokerage firm. They have just moved into a new building…
A: Calculation of Annual Net Operating Income Amount Rent Revenue $ 39,646 Less:…
Q: Mr. J, Capital Office Equipment Accounts Payable 85 000.00 Notes Receivable 12 000.00 Notes Payable…
A: Formula: Net income = Total revenues - Total Expenses
Q: Rebecca's Equestrian Supplies sells riding saddles. On July 1, 2008, Rebecca had 9 saddles in…
A: Cost of Goods Sold=Beginning Inventory+Purchases-Ending Inventory
Q: A) Distribution of Dividends between preferred and common shareholders The Corporation has the…
A: Dividend to preference stockholders = 10,000 Preferred Shares x $20 per share x 8% = $16,000
Q: Select one: O True O False
A: Cash transaction always affected the Bank Account, Petty cash or cash float.
Q: ot less than seven sentences, answer the following questions below: s an auditor, what do you think…
A: 1. While ascertaining audit procedures for PPE we need to test multiple audit results, valuation…
Q: The adjusted trial balance of Carla Vista Company for the year ended December 31, 2022, is as…
A: Multiple income statement is prepared to segregate the income and expenses into different…
Q: are (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the…
A: The establishment of a petty cash fund is making cash available for small expenses that occur for…
Q: M10-6 (Algo) Recording Notes Payable [LO 10-2] Part 2 Skip to question [The following information…
A: Solution:- Preparation of the journal entries related for the above transactions as follows under:
Q: Whispering Winds Company has budgeted sales revenue as follows for the next 4 months: February…
A: The cash receipts schedule includes the total cash collection during the period.
Q: A milling machine has an initial cost is Php 370,000 and a service life of 10 years. Determine the…
A: Introduction: Depreciation: Decreasing value of fixed assets over its useful life period called as…
Q: 15. Use the following information for questions 15 to 17 Rodel's Car Repair Shop started the year…
A: A partnership is a legally binding contract between two or more persons to manage and operate a…
Q: This year, Lambert Company will ship 1,500,000 pounds of goods to customers ata cost of $1,200,000.…
A: Answer) Calculation of Shipping Cost Assigned to the customer Shipping Cost Assigned to the customer…
Q: 6. The following data are for the two products produced by Johan Company. Product A Product B Direct…
A: ABC costing or Activity-based costing assigns costs to all the activities performed by an…
Q: The following is data collected by Bees Co. for the month of June: Static budget data: Sales…
A: The variance is the difference between the actual data and standard output of the production.
Q: How much was cash was distributed to the partners?
A: Dissolution of partnership is the process by which the relationship between the partners is…
Q: a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders equity
A: a. Ratio of fixed assets to long-term liabilities Fixed assets / Long-term liabilities = $793,900 /…
Q: On 10 January 2021, Mrs D Africa sold goods to three different clients, Mr P Lucky, Mrs V Happy and…
A: To account for Cash Receipts for sales made, i.e. where the payment method is cash, a cash invoice…
Q: On January 1 , 2021, Gray Co. issued its 10%, 4-year convertible debt instrument with a face amount…
A: Answer - Calculation of balance of the unamortized premium on debt instrument as of Dec. 31, 2021 -…
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- In the file MajorSalary, data have been collected from 111 College of Business graduates on their monthly starting salaries. The graduates include students majoring in management, finance, accounting, information systems, and marketing. Create a PivotTable in Excel to display the number of graduates in each major and the average monthly starting salary for students in each major. a. Which major has the greatest number of graduates? b. Which major has the highest average starting monthly salary? c. Use the PivotTable to determine the major of the student with the highest overall starting monthly salary. What is the major of the student with the lowest overall starting monthly salary?Present the following: Definition of managerial accounting Role of managerial accounting and the management accountant in a business or organization Ethical issues/concerns for the management accountant General description of at least three managerial accounting techniques available and their application within a business or organization Part II (Four to six double-spaced pages) Select at least three of the five topics identified below: Cost Management Techniques Costing Methods Capital Investment Decision Techniques Budgeting Quality Control For each topic selected present real world examples of the application of managerial accounting techniques within a business or organization. Examples may be gathered from your own professional experiences or from case studies obtained from credible sources (excluding textbook examples explored in previous weeks). Presentation of each example should include how a managerial accounting technique was applied in the business or organization s…Strategy The table below contains the names of six companies. Required: For each company, categorize its strategy as being focused on customer intimacy, operational excellence, or product leadership, if you wish to improve your understanding of each company’s customer value proposition before completing the exercise, review its most recent annual report. To obtain electronic access to this information, perform an Internet search on each company’s name followed by the words “annual report.”
- Following are activities for a provider of online education. Classify each activity as unit level, batch level, service level, or facility level. Activity 1. Scheduling instructors 2. Controlling course data 3. Receiving supply shipments 4. Registering a student 5. Creating a new course 6. Maintaining course websites 7. Providing electricity 8. Delivering an online course LevelOrganizational charts _____. A. list the salaries of all employees B. outline the strategic goals of the organization C. show the structure of an organization D. help management measure financial performanceClassify the performance measures below into the most likely balanced scorecard perspective itrelates to. Label your answers using C (customer), P (internal process), I (innovation and growth), or F(financial). Number of days of employee absencesClassify the performance measures below into the most likely balanced scorecard perspective itrelates to. Label your answers using C (customer), P (internal process), I (innovation and growth), or F(financial). Number of days of employee absences
- One of the primary goals of managerial accounting is to provide day to day information to individuals from the following groups, except: Question 12 options: a. board of directors b. lower level managers c. internal decision-makers. d. upper level managersManagerial accountants could prepare all of the following reports except a(n) a.control report comparing direct material usage over time b.sales report targeting monthly sales and potential bonuses c.performance report identifying amounts of scrap d.annual report for external regulators such as the SECMementos Academy is assessing whether to outsource its student enrolment processes. The general process followed by staff in the enrolment office is to first validate students’ prior academic record (e.g., secondary school results) and send an offer of enrolment, provide degree advice and enter students’ study program details into the student record system, and collect fees. The following table shows the costs associated with these three processes: Cost Validation Student records Fees collection Staff salaries 70,400 43,900 39,700 Data processing 9,200 32,500 7,900 Telephone 1,700 4,600 3,000 Postage - 1,500 4,000 Consumables 3,700 45,900 11,800 Electricity 1,600 3,100 3,000 Equipment depreciation 12,200 35,800 31,900 Insurance…
- A marketing professor at Givens College is interested in the relationship between hours spent studying and total points earned in a course. Data collected on 156 students who took the course last semester are provided in the tile MktHrsPts. Develop a scatter chart for these data. What does the scatter chart indicate about the relationship between total points earned and hours spent studying? Develop an estimated regression equation showing how total points earned is related to hours spent studying. What is the estimated regression model? Test whether each of the regression parameters β0 and β1 is equal to zero at a 0.01 level of significance. What are the correct interpretations of the estimated regression parameters? Are these interpretations reasonable? How much of the variation in the sample values of total point earned does the model you estimated in part (b) explain? Mark Sweeney spent 95 hours studying. Use the regression model you estimated in part (b) to predict the total points Mark earned.BrightenUp Corp. uses a set of quantitative tools to assess employee data such as performance, compensation, designations, and benefits. This is done to arrive at decisions based on accurate findings from analyses that can help the firm achieve its goals. BrightenUp is engaging in the practice of\\n\\nQuestion 1 options:\\n\\ntraining and development.\\n\\njob design.\\n\\nemployee relations.\\n\\ntalent management.\\n\\nworkforce analytics.For the following activitie, explain which of the objectives of managerial accounting activity is involved. In some cases, several objectives may be involved. Estimating the annual operating cost of a newly proposed Wells Fargo branch bank.