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Question - Ramon Inc. manufactures a product that gives rise to a by-product called "Great". The only costs associated with Great are additional processing costs of P1.00 for each unit. Ramon accounts for "Great" sales first by deducting its separable costs from such sales and then by deducting this net amount from the cost of sales of the major product. For the past year 10,000 units of Great were produced which were sold for P3.00 each. Sales revenue and cost of goods sold from the main product were P2,500,000 and P2,000, 000 respectively. Compute the gross margin after considering the by-product sales and costs.
What is the amount of the annual pension payment that should be used in computing Francisco's accumulated benefit obligation (ABO) as of January 1, 2008?
Compute What amount of joint cost is allocated to each operating group using the profit before joint cost allocation as the basis for allocation?
The company receives a special order of 20,000 bags at $9 a bag. A Predicted Income Statement for the year without this special order follows
Prepare a schedule of expected cash disbursements for merchandise purchases for December and prepare a schedule of expected cash collections for December
How much is the profit associated with the best product combination? A company produces three products: A, B and C. One machine is used to produce the products
Determine what is the selling price. A company uses cost plus pricing on an absorption cost basis. it sells 10 000 units with a ,manufacturing cost
Peterson Paper Products Inc. has 2,400,000 outstanding shares of stock selling for $52 per share. After a 2-for-1 stock split, how many shares of stock are outstanding and what is the change in the firm value (given no new information)?
50% of the customers have Beverages with an average $25 per capita expense; What is the daily revenue? What is the annual revenue?
Determine the number of units of product K to be manufactured in May and compute the May cash outlay for purchases of raw material A.
Evaluate Branson's projected operating income if 28,000 movie patrons see movies through a month?
What are the December 31, 2017 post-closing balances - You must SHOW and LABEL all your computations in order to receive full credit
How do Compare assigned costs per product under both methods. Why had activity-based costing changed the total costs assigned to each product?
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