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Question - If an enterprise had a monthly credit sale of R6,000 and outstanding accounts receivable was R8,000.
a) Calculate the average collection period.
b) If the payment terms were 30 days net, is the average collection calculated above a favourable or unfavourable one? Why?
Determine What is the present value of an annuity of 9 annual payments of $1,000 if the first cash flow occurs in one year's time? The rate is 12% p.a.
Find What is the labor rate variance for the month?Standard labor-hours per unit of output 9.0 hours. Standard labor rate $16.60 per hour
The remaining fixed costs were allocated as follows: 40% to Division A and 60% to Division B. What was Division A's segment margin?
How would Apple's Inc. income statement budget be created for a year, starting with the sales budget through the SG&A budget?
Using the high-low method, estimate the variable and fixed cost elements of the annual cost of operating a truck if it is driven 121,000 kms.
Find what predetermined indirect allocation rate per machine hour is closest to? Aztec Builders allocates manufacturing overhead to jobs based on machine hours.
Provide examples of managerial accounting reports that she she could expect to see iwthin EEC, and explain how management might use the information to make decisions.
Prepare a flexible budget performance report that shows both activity variances and revenue and spending variances for the pizzeria for October.
Find and List at least five actions that South Hampton might take to accommodate the growing student numbers. Assume there is a shortage of full-time academic.
Calculate predetermined overhead allocation rates based on direct labor hours, direct labor cost, and machine time.(Round direct labor cost)
For Electronics Inc., To achieve its normal minimum profit margin of 25%, Electronics must be able to produce the product at a maximum
Which project would you recommend the company accept? Compute the net present value of Project X. Compute the net present value of Project Y.
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