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Question - Kgalagadi Breweries (Botswana) Ltd suffered losses during the COVID 19 pandemic and the Company responded by among others reducing salaries during the period when alcohol sales were prohibited and increasing prices after the resumption of alcohol sales. Some people have criticised the Company's response and suggested that the Company's Management should in the future hedge with derivatives such as futures and swaps to minimize such losses. Do you agree with the criticism and suggestion?
75% of this amount relates to the factory.
Recommend a transfer price and explain your reasons for choosing that price.
Prepare the necessary journal entry of the transactions assuming the company uses (1) Perpetual Inventory System and (2) Periodic Inventory System
Rowel's clients will call him at the office during regular working hours. Discuss whether Rowel is performing in a professional manner
Overhead is applied to contracts by using a predetermined overhead rate that is based on direct professional labor cost. Actual professional labor during the year was $655,000 and actual overhead was $793,000.
In preparing a statement of cash flows for the year ended December 31, 2011, for Cole Company, cash flows from financing activities would reflect
Cedalion Corporation had 360,000 shares of common stock outstanding at January 1, 2017. Compute the basic earnings per share for year 2017
The carrying value of the Equity Investment relating to these shares is $620,000 on the date of sale. What the journal entry to record the sale
carver company purchased machinery on january 12007 at a cost of 200000. the machinery has an estimated usefullife of
Prepare a balance sheet at August 3, 2015, and a Statement of cash Flows for August 1 - 3. Classify the payment of account payable and the purchase of supplies.
Aedion Company owns control over Breedlove, Inc. Aedion reports sales of $300,000 during 2004 while Breedlove reports $200,000. Inventory costing $20,000 was transferred from Breedlove to Aedion (upstream) during the year for $40,000.
Molding overhead costs are driven by the number of pounds of plastic that are molded together. Determine the activity rate for decal application activity
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