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Problem 1: Mr Mayaman brought into the marriage an agricultural land worth P1,000,000. During the marriage, the agricultural land was sold for P1,500,000 and was used to acquire a family home. The family home was valued at P1,800,000 at the death of Mr. Mayaman. How much is the amount to be included in the common properties of the spouses assuming that Mr Mayaman got married on Sept 30, 1984?
Just-in-time methods. McNeal Products uses a just-in-time system. Show the flow of costs using journal entries and T-accounts using backflush costing.
how can u adjust the net present value analysis to compensate for the inclusion of the interest expense and should Baltic buy the new machine
Pepsi Beverages processes soft drinks and bottles it as Marinda, Seven up and Coke. Allocate the joint costs using the physical output method
Make operating statements for each of the periods 1 to 4 based on absorption costing principles.Prepare operating statements for each of the periods 1 to 4.
Compute total estimated costs for next year. Calculate Preferred's net operating income assuming the company uses variable costing.
What is a transfer price? Why is determining a fair transfer price important to division managers? When setting a transfer price, what objective(s) should the company have in mind?
Show all computations, calculate the profit margin ratio and the gross profit rate for each company and discuss your findings in part.
What is the advantage of the contribution approach as compared with the absorption approach? "Basing pricing on only the variable costs of a job results in suicidal under-pricing." Critically evaluate this statement.
What if? the setup activity had 50 hours of unused capacity. How does this affect your analysis? Determine What is the change in income
Prepare a schedule in Good Form that determines Citrine's taxable income for State X purposes and calculate the amount of Federal income tax, if any, for Repair Habitat and for Concrete Pour. Show your calculation in good form.
Prepare a perpetual inventory record for Classique Designs, to determine the value of ending inventory at December 31, 2013, and the total amount to be assigned to cost of goods sold for the period.
The segment margin for the new product would be $150,000 per year. Should Troy Engines Ltd. accept the offer to buy the carburetors for $35 per unit?
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