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Problem 1: After successfully obtaining additional financing that is useful to support the smooth running of the company's business. Of course, every company would want a profit or profit from its business activities. To achieve this, several things can be done, namely by calculating the Break-Even Point (BEP) which is used for projection analysis of the money that must be received so that the company is at a break-even point and makes an analysis regarding the profit target used to determine the amount of profit that must be received the company wants to achieve. Therefore, building on the business idea predefined. how many units of the product must the company sell to reach BEP? Prove it by using an income statement and make your assumptions regarding the profit target the company wants to achieve and determine how many units must be sold to achieve that management target? Prove it with an income statement.
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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