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Problem - PIOLO, Inc. sells Product X to retailers for P200. The unit variable cost is P40 with a selling commission of 10%. Fixed manufacturing cost totals P1,000,000 per month, while fixed selling and administrative cost equals P420,000. The income tax rate is 30%. Determine the target sales if after tax income is P123,200?
He wants to pay all the bills on a single day. Find out average due date
How Construct customer profitability reports for the three, using activity costs in (2). The reports should disclose the gross profit and income from operations
List and explain four purposes of product costing. Explain the difference between job-order and process costing. How is the concept of product costing applied in ser- vice industry firms?
Prepare an income statement in comparative form, stating each item for both years as a percent of sales (vertical common-size analysis) and comment on the findings in (a).
Compute the cash payback period. BSU Inc. wants to purchase a new machine for $44,300, excluding $1,500 of installation costs.
Manufacturing cost were: Direct materials P3.50 per unit; What would be the operating income in 2021 using variable costing method
Haysbert Company provides management services for apartments and rental units. In general, Haysbert packages its services into two groups: basic and complete. The basic package includes advertising vacant units, showing potential renters through them..
How to Compute the unit product cost for Year 1, Year 2, and Year 3. Prepare an income statement for Year 1, Year 2, and Year 3.
Determine whether SY Telc should accept this offer under each of the following independent assumptions. (If answer is zero,
Calculate the current ratio and working capital for 3M for 2008 and 2009 - How would its current ratio and working capital havechanged?
Determine the quick ratio for December 31, 2008 and 2007 and interpret the change in the quick ratio between the two balance sheet dates.
Four Seasons Industries has established direct labor performance standards for its maintenance and repair shop.
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