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Question - A Makati home office transfers inventory to its Pasig branch at 140% of cost. During 2013, the reciprocal account in the statement of comprehensive income of the home office amounts to P328,125. On December 31,2013, the home office adjusted the branch income summary by debiting the Allowance for Overvaluation of Branch Inventory account in the amount of P81,250. The branch's statement of financial position at the beginning of the year shows P105,000 of inventory acquired from the home office. How much is the ending inventory of the branch per books?
An investment that costs $30,000 will produce annual cash flows of $10,000 for a period of 4 years. Determine the benefit of the investment today
Shown here are annual financial data at December 31, 2013, taken from two different companies.
f the appropriate discount rate is 8 percent, which alternative is better for Ashton and which for Demi? What if the discount rate is 20 percent?
Required: Critically evaluate the relevance and challenges of budgeting systems by answering the 5 questions below: Briefly discuss the budgeting process
Determine the profitability of their product and how it's used to make the operations more profitable when it come to the high-end luxury auto production?
Compute the cost of goods sold under both absorption and variable costing. Amalgamated Glass and Mirror Inc. had sales of 37,500 units
What is the change in net income if fixed cost of $20,040 can be avoided and Frannie could rent out the factory space no longer in use for $20,040
Determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system
Reflects $130000 for total budgeted manufacturing cost for the month. What is the budgeted level of activity to be achieved during the month?
Emil will save all variable costs and $1 of fixed costs. Prepare an analysis showing the total cost savings, if any, that Emil will realize by buying the part
An estimated variable manufacturing cost of $2.00 per unit. What formula use to determine the Manufacturing Overhead Cost
What benefits and drawbacks are there for a business that uses a Standard/Traditional Costing model and What benefits and drawback are there for a business
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