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Problem - Tripple A Company manufactures fire extinguisher per the design and specification of its customers, and accordingly uses a job order cost system. In March 2017, it finished 50,000 pieces for a customer at a cost of P1,500 per unit for direct materials and P1,000 per unit for conversion costs. The production incurred 500 defective units due to an error in the specification made by the customer and had to be reworked at a cost of P200 per unit. No allowance for rework is included in the budgeted overhead. If Surefire wants to maintain a 30% s profit rate, how much is the sales price of the order?
How much dividend should be paid in 20X2 assuming a stable dividend payout ratio of 25 percent and a stable dollar dividend policy is maintained?
The Hanson Company manufactures two products, Zeta and Beta. What is the total contribution from the optimal product mix?
You are approached by a big software house which wants to purchase the right to manufacture and distribute the product. What minimum price would you be willing to sell the software?
Calculate the total profit or loss for the period under absorption costing. Calculate the total profit or loss for the period under marginal costing.
Decision making in companies is often facilitated by utilizing cost allocation methods.
What Total cash receipts in Month 4 will be? Howard Company makes 30% of its sales for cash and 70% on account. 60% of the account sales
Calculate the number of units of each product that will need to be sold in order for Morris to break even. What is their break-even point in sales dollars?
Prepare new contribution format income statement under each of the selling price decreases by 50 cents per unit, and the number of units sold increases
Prepare the required tax journal entries for each year and Prepare a schedule translating the December 31, 20X1, trial balance from Swiss francs to dollars
US GAAP follows the Historical Cost Concept in the valuing of long-Term Assets.
Find What is the break-even point in unit sales for each product? Rent on the factory building that could be avoided only by going out of business entirely.
Determine which capital budgeting ratio is appropriate for Durango to evaluate its proposals for capital expenditures, such as NPV, IRR, etc. Defend your position.
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