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Question - A company's prime costs total PhP3,000,000 and its conversion costs total PhP7,000,000. If direct materials are PhP1,000,000 and factory overhead is PhP5,000,000, determine the total manufacturing cost?
How a charge is divided into year 2 of a 4-year contract, i.e. show which items affect the Income Statement and the Balance Sheet of a company
On December 1, 2019, the carrying amount of a one-bedroom flat is P1,000,000 and the fair value is P1,500,000. Compute Measurement of the property on December
Peddy, Quitty, Romy and Seth are partners, sharing earnings in the ratio of 3/21, 4/21, 6/21 and 8/21. How much cash Quitty should receive?
Make the entries for the sale of the televisions, including both warranties. Prepare the entry for 2021 warranty costs. Use a date of May 30.
Wolfe & Wolfe collected $9,000 from a customer on April 1. Prepare the journal entry for the receipt of the customer deposit on April 1
Financial statement terminology.
Calculate the effect of this acquisition on operating leverage and explain any change. (Round your answer to two decimal places.)
During 2012, Martin Corporation sold merchandise costing $2,800,000 on an installment basis for $4,000,000. The cash receipts related to these sales were collected as follows: 2012, $1,600,000; 2013, $1,400,000; 2014, $1,000,000. If expenses, other t..
Prepare the appropriate journal entry to account for DTC July 31, 2012 transaction. What accounts would be used for this Journal Entry
To forecast Additional funds needed using AFN equation - Use the AFN equation to forecast Carter's additional funds needed for the coming year.
Client has asked for a similar loan, but has asked to forgo interest payments in may and June. If Fluffy can make only one of the loans, which should it make?
Consider a zero-coupon bond with face value of US$1,000 and with a YTM of 6%? Using Method 1 (Bond Pricing Formula) calculate the bond price
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