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Question - Concorde International sent 15 units of computer to Hoya Appliance Center. Unit cost is P25,000 and unit selling Price P40,000. Concorde paid shipping costs of P3,750. Hoya Appliance Corp. paid reimbursable advertising costs of P5,000 and delivery charge of P500 per unit. Commission of 20% of sales was given to Hoya Appliance Corp. Hoya Appliance sold 8 computers and return 2 defective units.
Required -
a. How much is the profit on consignment?
b. Cost of Inventory end?
c. Total amount to be remitted to consignor?
d. How much is the consignment sales revenue?
Sesame Company purchased a computer system for $74,000 on January 1, 2009. It was depreciated based on a 7-year life and an $18,000 salvage value.
What is the short-term and long-term strategy of the company? Is there adequate planning and resources for their plans?
Behind the United States, the world's second largest emitter of energy-related emissions is:
Compute the Office Products Division's residual income for the most recent year; also compute the residual income as it would appear
Smathers and Branson handcrafts needlepoint belts and other products. Company founders, Peter Smathers Carter and Austin Branson stress the importance.
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Unpaid wages related to the last pay period of 2020 totaled $2,500 and will be paid in January 2021. How to calculate the restricted fund
Westway Company pays Suzie Chan $2,550 per week. Assume Social Security is 6.2% on $110,100 and 1.45% for Medicare.
Cost of goods manufactured for the FY 2018 was $362,000. Use this information to determine the dollar amount of the FY 2018 cost of goods sold
Compute depreciation expense on the machine for the year ending December 31, 2020, and the year ending December 31, 2021, using the methods.
BAAC 2100 Principle of Accounting II Assignment help and solution, Nizwa College of Technology - assessment writing service - Prepare journal entries
What equation describes the periodic inventory system? Briefly discuss and compare the four major alternative cost-flow assumptions for inventory
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