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Question: Create a hypothetical fmcg comapny with hair care, toothpaste, processed foods, beverages and pens as products, describe its production or service process inclusing major cost elements and activities. also describe the value chain of the company The objective of developing the company is that you shall be applying the following concepts to the designed company. · Identifying the cost hierarchy · Overhead allocation and support department cost allocation · Joint costing (Job costing, if the designed company is a Service company) · Traditional costing and Activity based costing. Break even analysis.
Records show that sales are made at 40% above cost. What is the amount of loss from theft
Explain the difference between a compliance test and a substantive test. Is there a link between these two types of tests and if so, what is this link?
Prepare the journal entries. May 8 Received subscriptions to 14,000 ordinary shares at P30 per share; collected 65%. Of the subscription price
GRP Corporation has $500,000 in a bank account paying 0.35% annual interest. As an alternative to leaving the money in the account, the company is considering investing the entire amount for five years. Five possible investments have been identifi..
You are to determine how much cash has been received from the disposal of property, plant and equipment
Prepare a statement of cash flows for 2012 using the indirect method.
X Company is unhappy with a machine that they bought just a year ago for $40,000. What is the net present value of replacing the current machine
On December 10, the company acquired a tract of land at a cost of $23,000. Prepare journal entries to record each of the transactions
Evaluate each of the following independent situations and the determine the type of audit opinion which should be given. Justify your concern
Make a schedule to allocate income or loss to the partners assuming that the partnership incurs a net loss of Rp26.200.000 for 2020.
Pear Co. makes an investment which yields an equal payment every December 31 until December 31, 2025. How much should they invest on January 1, 2020
To make the project worthwhile, Toy Box, Inc., would require a $5,000 profit per month. What level of sales, in units and in dollars, would be required to reach this target profit. Show all computations completely, in a table inserted into your do..
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