Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Indigo Corp. enters into a contract with a customer to build an apartment building for $890,000. The customer hopes to rent apartments at the beginning of the school year and offers a performance bonus of $156,000 to be paid if the building is ready for rental beginning August 1, 2020. The bonus is reduced by $52,000 each week that completion is delayed. Indigo commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes:
Completed by Probability
August 1, 2020 60%
August 8, 2020 20%
August 15, 2020 15%
After August 15, 2020 5%
Required - Determine the transaction price for this contract under IFRS.
Discuss the supply chain issues in relation to the oil industry. The coronavirus pandemic has shocked the oil industry, flooding companies.
Make the entry to record the revenue and gross profit for 2018. How much gross profit should be reported for 2019? Show your computation.
Which of the following would not be a component of cash flows from investing activities?
Prepare a relevant cost analysis showing the effect on profit if the company accepts the special order
After considering the expected increases in costs, what sales volume is needed to earn a profit of $132,000 with a unit selling price of $105?
Calculate profit as a percent of sales for the new level of sales and explain why the percent is greater than the one calculated in part a.
How much would it be worth to Magasin Publishing Company to obtain enough additional rack space to distribute 18,500 copies instead of the current 18,000 copies
If the selling price is $8/unit at all levels, what is the B.E.P.? What is the breakeven revenue? Calculate the margin of safety if the budgeted sales 5,000
What are the forecasted December cash payments? They usually pay 50% of inventory purchases in the month of purchase, 35% in the following month
In manufacturing 5,000 units, 42,900 pounds of material were used at a cost of $67 per pound. What is the direct materials price variance?
Determine total cost of May's raw material purchases. Simple Manufacturing Company makes units that each requires 4 pounds.
Problem - Castle Furnishings Company uses a perpetual inventory system. Journalize the November 30 adjusting entries based upon the following
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd