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Problem 1: A support department of ABCD Co., Human Resource, had costs amounting P120,000 to be allocated to different departments. 30% of the costs will be allocated to 1st producing department, 20% to the 2nd producing department, 30% to the 3rd producing department and the remainder to other support departments. Supposed that direct method will be used, how much of the Human Resource Department costs will be allocated to the 2nd producing department?
The prevailing rate of interest for a note of this type on January 1, 2014, was9%. At what amount should the gain from the sale of the building be reported?
The board of directors approved a 2- for -1 split. After the stock split, what will the balance sheet show as the par value of common stock?
Calculate the basic earnings per share of common stock for fiscal 2010.
Which instances will decrease the cost of goods manufactured for the period ended? Increase in the finished goods during the period
lizzie shoes experience gift cards that have not been redeemed within 12 months are not probable to be redeemed. lizzie
discuss any trends in the net cash provided in operating investing and financing activities for home depot and lowes in
Evaluate how much of the exploration cost will be capitalized and shown as an asset on the company's balance sheet as of December 31, 2013 and repeat process using the full cost method
Recalculate the customer-level operating income if salespeople had not broken up actual orders into multiple smaller orders. Don't forget to also adjust sales commissions.
How would you use CVP analysis to develop a budget? Elaborate using examples. How can the sales department use the CVP tool when analyzing customer profitability?
Prepare journal entries to record the March transactions in the General Journal below. Remember that Debits must equal Credits.
Calculate Johnsons expense deduction using the 2011 Form 2106 based on actual automobile expenses and other employee business expenses.
What is the likely effect of this allocation approach on the desired motivation and behavior within the SBUs? What approach would you propose for allocating legal costs, and why?
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