User Account

All Pages

Determine the total material purchases during the year

Assignment Help Accounting Basics
Reference no: EM133140913

Question - Walker Company incurred P80,000 direct labor cost in 202A and had the following selected account balances at the beginning and end of 202A: Finished goods January 1, P56,000; Work in process January 1, P24,000; Materials January 1, P34,000; Finished goods December 31, P90,000; Work in process December 31, P28,000; Materials December 31, P48,000. The total cost of goods sold and actual factory overhead during the year are P280,000 and P70,000, respectively. Determine the total material purchases during the year.

A. P182,000

B. P162,000

C. P148,000

D. P144,000

Reference no: EM133140913

Questions Cloud

What is the strategic management process : What is the Strategic management process and what are the stages - Which of the three generic business-level strategies should Dell Technologies
What is henriksson-merton market timing measure of foredge : There were a total of 102 euro appreciations and 150 euro depreciations in the past year. What is the Henriksson-Merton market timing measure of ForEdge
Discuss four guidelines hospitality organizations : Risk management forms a major part of the security and loss prevention in the hospitality industry. Discuss four guidelines hospitality organizations adhere to
Example of the rites of passage : Please find an example of the rites of passage related to a specific culture or a religion. Write briefly about it. What people are doing during these rituals,
Determine the total material purchases during the year : The total cost of goods sold and actual factory overhead during the year are P280,000 and P70,000, respectively. Determine the total material purchases
What is the gain or loss on retirement on August : On August 1, 2018, ABC Corporation retired P4,000,000 of the bonds at 105 plus accrued interest. What is the gain or loss on retirement on August 1, 2018
What is hr forecasting : Why is workforce planning such an important concern? What is HR forecasting, and how can it be done well?
How much compound interest will he earn on the investment : Stuart Daniels estimated that he will need $21,000 to set up a small business in 9 years. How much compound interest will he earn on the investment
Machine learning technologies : Describe some of the ways we use machine learning technologies every day.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd