Consider the PivotTable on the Max Salary worksheet. What is the maximum salary for Regional Managers who work the morning shift? 100400 62100 179200 205600 160000 202800 PLEASE NOTE: ANSWER IS NOT 160000 AS I GOT THAT PREVIOUSLY WRONG
Q: Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the man...
A: Solution:- 1)Computation of the throughput time as follows under:- Throughput Time = Process time + ...
Q: PROBLEMS Bacolod Supermart made cash sales of P3,000,000 and credit sales of P8,000,000. Out of the ...
A: The accrual profit is the profit calculated on the basis of revenue earned and expenses incurred dur...
Q: ARLENE Company accounts for noncurrent assets using the cost model. On October 30,2010, Arlene class...
A: Loss on disposal: It implies to the loss incurred by the business from the sale of it's asset. It is...
Q: The auditor would like to determine any cash restriction. Which of the following audit procedures ma...
A: Audit Procedure: In the context of financial statements, audit procedures are the steps taken by aud...
Q: Dai Hing Bookshop Ltd. has a beginning cash balance of $44,000 on November 1. The firm has projected...
A: November collection = 15/30 x 61000 + 68000 x15/30 = $64500 December collection = 15/30 x 68000 + 74...
Q: 9. You have completed the field work in connection with your audit of Bridgeport Corporation for th...
A: The cash flow statement assesses a corporation's ability to handle its cash balance, or how efficien...
Q: In 2010, Payton Corporation began selling a new line of products that carry a two-year warram the es...
A: Warranty is a form of assurance being provided by the seller to the buyer that in case product will ...
Q: What does hard capital rationing mean? A Capital is limited at more than one point in time B Div...
A: Hard capital rationing arises when the corporation has trouble raising cash in the external equity m...
Q: Contingent liabilities must be recorded if: O The future event is probable and the amount owed can b...
A: Solution: Contingent liability is the liability that occurrence of which depends on the future event...
Q: rticulars Product X Product Y Total product Units produced per annum Material cost pe
A: 1) Calculation of production cost unit of Product "X" and Product "Y" - Particulars Cost driver ...
Q: 2. The accounts and balances shown below were taken from Microtech Company's trial balance on Decemb...
A:
Q: Lavage Rapide is a Canadian company that owns and operates a large automat provides estimates concer...
A: Answer) Lavage Rapide Planning Budget For the Month Ended August 31 Number of cars t...
Q: Which of the following pairs increase with credit entries?A. supplies and retained earningsB. rent e...
A: There are two sides of account, used in accounting. One is debit side and other is credit side. All ...
Q: Also known as the historical cost principle, ________ states that everything the company owns orcont...
A: Accounting principles are those rules or regulations which are used by all the accountants in record...
Q: Income Before Income Tax 2.00% Tax Expense (50%) 1.00% 1.00% Net Income Additional Information for t...
A: Dividend declared and paid is the amount of net income which is paid to equity shareholder's as thei...
Q: Which of these events will not be recognized?A. A service is performed, but the payment is not colle...
A: Financial statements are a set of high-level reports that summaries an organization's financial perf...
Q: Sage Industries and Pronghorn Inc. enter into an agreement that requires Pronghorn Inc. to build thr...
A: The question is based on the concept of Lease Accounting.
Q: On December 31, 2022, ALR, Inc. classified one of its plant assets (land) as held for sale. The carr...
A: 1. Journal entry to reclassify the land held for sale 31/12/22 Land held for sale 2000000 ...
Q: ABC Company reported pretax financial income of P 6,500,000 and P 8,200,000 for years 2019 and 2020,...
A: In Straight Line Method of depreciation the depreciation is calculated by f...
Q: On August 1, 2010, a company issues bonds with a par value of $600,000. The bonds mature in 10 years...
A: Interest payable on bond is $600000 × 6% × 5/12 = $ 15000 The amortization...
Q: At August 1 of the current year, there are 4,000 units at P15 each of merchandise inventory. During ...
A: Weighted Average Cost = Cost of Goods available for sale/ Units available for sale Under periodic in...
Q: TRUE OR FALSE: Read each sentence carefully and determine whether the statement True or False. Write...
A: Financial statement analysis is not for the future of the company but the present performance of the...
Q: Ben and Jerry formed a partnership several years ago. They share profits and losses equally and the ...
A: A partnership firm refers to when two or more persons come together to form a partnership to carry o...
Q: The December 31, 2019 statement of financial position of Help Company included the following informa...
A: Solution Working note- 1-Balance of notes receivable- Beginning balance 598000 Issued 740000 ...
Q: new.last part You have completed the field work in connection with your audit of Carla Corporation ...
A: Cash Flow Statement The preparation of cash flow statement is to know the actual cash movement of th...
Q: 7...new.e1..... Sage Industries and Pronghorn Inc. enter into an agreement that requires Pronghor...
A:
Q: ABC Company grants all employees 2 weeks of paid vacation for each full year of employment. Unused v...
A: The total vacation expenses are the sum total of a) The amount earned in 2020 and b) the increase i...
Q: The quarterly sales in millions for AutoKo Corporation, an automobile dealership company over the pa...
A: To compute the seasonal factor of Quarter 3, the first average sales are required to be calculated a...
Q: It says the answer is complete but not correct . Can you tell me the right answers
A: Firstly you have totaled cost of goods sold and the inventory in 26 January row. The total shouldn't...
Q: Required information [The following information applies to the questions displayed below.] A company...
A:
Q: 9..new You have completed the field work in connection with your audit of Carla Corporation for the...
A: A cash flow statement under the indirect method is prepared by adjusting the net income of the year.
Q: for March: Cost Formula Actual Fixed Variable cost/MH Utilities $16,600 $132,900 $ 0.15 2$ 20,820 $ ...
A: The spending variance is the variance between actual results and flexible budget results.
Q: A note payable can be used to extend the payment due on an account payable. O True O False
A: Solution: A notes payable is used for financing, it indicates the money owed by issuer. By issuing...
Q: Select all the true statements from the following pool of statements: A - Tax, being one of the indi...
A: The answer for the question of identifying true statements is discussed hereunder. Tax is a mandato...
Q: The firm converts certain type of transactions in which the tax implication is favorable to the firm...
A: Do things like buy, sell, rent, lease, and recapitalize. If managers structure transactions such tha...
Q: Questions: 1. The loss from discounting of notes receivables is? 2. The adjusted balance of Accoun...
A: This is a multipart question in which we have to solve different parts.
Q: When a bond sells at a premium: O The contract rate is above the market rate O The contract rate is ...
A: Premium is added to the market rate to make it to the contract rate. Premium increases the price of ...
Q: PB4-3 (Algo) Determining Accounting Equation Effects of Adjusting Journal Entries [LO 4-2, LO 4-6] C...
A: Assets are resources that are controlled which results from prior transactions that are expected to ...
Q: A company purchased a delivery van for $23,000 with a salvage value of $3,000 on September 1, 2009. ...
A: Depreciation as per straight-line method = (cost - salvage value)/useful life
Q: achine having a certain first cost FC has a life of 10 years and a salvage value of 6% of the cost a...
A: Depreciation- Depreciation is defined as the decrease in the monetary worth of a fixed asset until i...
Q: TipTop Flight School offers flying lessons at a small municipal airport. The school's owner and mana...
A: The variance is the difference between standard and actual performance of the business. The spending...
Q: During your audit of cash receipts of shift number 1 of a Burger Stand, the following details of inv...
A: Cash remittance: Cash remittance refers to the payment made to a party through cash instead of trans...
Q: Oriole Company, a major retailer of bicycles and accessories, operates several stores and is a publi...
A: The cash flow statement is prepared to record the cash flow from various activities during the perio...
Q: Comparative balance sheet accounts of Sheridan Inc. are presented below. SHERIDAN INC. COMPARATI...
A: Statement of Cash Flow - Statement of Cash Flow is the statement that shows the actual movement of c...
Q: Louise has worked for Rocky for 8 years. Unfortunately, due to COVID-19 pandemic, Rocky is forced to...
A: The manner through which a particular activity or a transaction is taxable or is exempted from tax i...
Q: 44. new..recheck The right-of-use asset is increased by lease prepayments made by the lessee and i...
A: The right-of-use asset is a lessee's right to use an asset over the life of a lease. Thus, it is inc...
Q: Peak Manufacturing Inc.'s accounting records reflect the following inventories: Dec. 31, 2021 Dec. 3...
A: Raw materials used = Beginning raw materials + Raw materials purchased - Ending raw materials
Q: Identify whether each of the following transactions, which are related to revenue recognition, areac...
A: Revenue recognition is the recording and recognition of revenue in the accounting books as per princ...
Q: ABC Co. sells equipment service contracts that cover a two-year period. The sales price of each cont...
A: Introduction:- Calculation of total sales value as follows:- Total sales value = No. of contracts so...
Q: Tonelife Music sells musical instruments. The following data relates to Tonelifets inventory of guit...
A: The question is based on the concept of Financial Accounting.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Summary Data for April Support Department Support Departments Production Departments Information Research and Technology Travel Service Analysis Audit Tax Consulting Total IT: Number of employees TS: Number of trips 9 5 15 120 150 110 409 15 12 10 120 160 520 837 RA: Number of requests Costs to Allocate 15 10 4 125 120 280 554 $ 810,000.00 $125,000.00 $1,280,000.00 $ $ $ $2,215,000.00 Question Answer 1. Which of the following is the closest approximation of the sales forecast's upper confidence bound for the 1/1/2028 quarter? 2. Based on the graph and the breadth of the confidence intervals, which seems easier to predict, sales or income before extraordinary items? 3. What is the sales forecast's upper confidence bound for the 10/1/2027 quarter? 4. What is the forecast lower confidence bound for the 4/1/2027 quarter? 5. What is the forecast for income before extraordinary items for Nintendo for the quarter starting 10/1/2027?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…Using the following information, determine the activity rate for the purchasing activity. Activity Estimated Activity Cost Estimated Activity-Base Usage Setup $80,000 1,000 Purchasing 130,000 10,000 Inspecting 50,000 2,000 a.$2.00 b.$8.00 c.$130.00 d.$13.00
- Cod Vokne lofd Graph $100,000 80,000 H. 60,000 40,000 D 20,000 1.000 2,000 3,000 4,000 5,000 Uhits Area G represent: Select one: 1,000 2,000 3,000 4,000 5,000 Us Area G represent: Select one: O a. Losses Area O b. Break Even point Area O c. CVP Area O d. Profits AreaDATA ENVELOPMENT ANALYSIS OUTPUT INPUT STORE LOCATION SALES EBITDA STORE ARE(SQ.FT) #EMPLOYEES 1 A 47,682,116 7,459,291 35,523.00 62.0 2 B 42,612,114 3,880,099 39,493.00 75.00 3 C 44,187,228 4,215,221 39,731.00 79.00 4 D 30,487,610 4,201,924 35,833.00 77.00 5 E 41,535,542 5,182,632 36,552.00 75.00 6 F 24,497,561 3,079,086 37,328.00 61.00 7 G 43,749,818 6,485,312 38,709.00 79.00 8 H 24,081,113 1,820,738 37,827.00 66.00 9 K 44,711,757 6,310,682 35,631.00 66.00 10 L 32,138,829 125,696…(e) Product Blue Product Red £ £Selling £12.00 £24.00Variable cost £ 4.00 £ 8.00Contribution margin £ 8.00 £16.00Fixed costs apportioned £200,000 £400,000Budgeted Sales Units 140,000 60,000Required:Calculate the breakeven points, for each product and the company as a wholeand comment on your findings
- Sales VC Complete the shaded cells below: Year 1 $32,960,000 13,440,000 Year 2 Year 3 Year 4 $54,590,000 22,260,000 $44,805,000 18,270,000 $40,170,000 Year 5 $27,810,000 16,380,000 11,340,000 Fixed costs 5,300,000 5,300,000 5,300,000 5,300,000 5,300,000 Dep EBT 5,501,650 $8,718,350 9,428,650 6,733,650 4,808,650 3,438,050 $17,601,350 $14,501,350 $13,681,350 $7,731,950 Tax NI $6,800,313 +Dep OCF 1,918,037 5,501,650 $12,301,963 3,872,297 $13,729,053 5,501,650 $19,230,703 3,190,297 3,009,897 1,701,029 $11,311,053 $10,671,453 $6,030,921 5,501,650 $16,812,703 5,501,650 $16,173,103 5,501,650 $11,532,571 NWC Beg End $0 0 NWC CF $6,592,000 $10,918,000 $8,961,000 $8,034,000 $5,562,000 Net CF Salvage BV of equipment Taxes Salvage CF Net CF Time 0 2 3 5 12345Question 7 --/1 View Policies Current Attempt in Progress The Fulmar Division of Sunland Company had an ROI of 25% when sales were $2400000 and controllable margin was $480000. What were the average operating assets? O $9600 O $600000 O $120000 O $1920000Sales Net operating income Average operating assets $17,950,000 $4 1,005,200 $ 4,890,000 The division's return on investment (ROI) is closest to: Multiple Cholce 5.60% 20.56% 16.71% 260% 65 F Cloudy 自 0中 search DELL
- Problem 2 (Life-Cycle Costing) The following revenue and the cost data are for Round Manufacturing's to radial saws. The RM 200 is for the commercial market and the RM 800 is for industrial customers. Both products are expected to have three-year life cycles. RM200 Year 1 Year 2 Year 3 Revenue Costs P 500,000 1,000,000 300,000 60,000 80,000 20,000 P2,500,000 -0- P2,000,000 Research and development Prototypes Marketing -0- 50,000 320,000 475,000 120,000 808,000 60,000 P 650,000 P 810,000 -0- Distribution 130,000 1,000,000 85,000 Manufacturing Customer service -0- Income P(960,000)Calculate total revenue and fill in the table below. Price Quantity Total Revenue S50 60 $40 06 $35 110 S30 140 $25 190Market Quantity Supplied for Firm W, Firm X, Firm Y, and Firm Z Table: Firm W's Firm X's Firm Y's Firm Z's Price Quantity Quantity Quantity Quantity Supplied Supplied Supplied Supplied $0 0 0 0 0 84 $4 2 5 4 3 $8 4 10 10 8 6 $12 6 15 12 9 $16 $20 8 20 20 16 12 10 10 55 25 20 20 15 Refer to the table. If these are the only four sellers in the market, then when the price increases by $4, the market quantity supplied increases by units. 4