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Problem 1: A company such as Starbucks is considered a price-setter. Which of the following approaches would Starbucks employ to pricing products? Option 1: percentage pricing Option 2: cost-plus pricing Option 3: target costing Option 4: cost plus one
Problem 2: Ancinas Company produces printers and uses a standard part in the manufacture of several of its printers. The cost of producing 43,000 parts is $280,000, which includes fixed costs of $136,000 and variable costs of $144,000. The company can buy the part from an outside supplier for $5.00 per unit, and avoid 30% of the fixed costs. If Ancinas Company makes the part, how much will its operating income be? Option 1: $30,200 less than if the company bought the part. Option 2: $65,000 greater than if the company bought the part. Option 3: $65,000 less than if the company bought the part. Option 4: $30,200 greater than if the company bought the part.
Compute the gain or loss that will be reported by BDO Bank. Assume that the bank has not recognized an impairment before the restructuring.
Explain the applications of outsourcing in accounting and their implications on the profitabilityand quality of information of a company.
On the date of exchange, the Apple exchanged its land and paid P 1,000,000 for the land owned by Mango. At what amount should Apple record the land acquired
youve just been hired onto abc company as the corporate controller. abc company is a manufacturing firm that
The market risk premium is 6%. It is estimated that X has an equity beta of 1.5. Assume corporate tax rate is 30%, calculate the WACC for X Ltd.
An asset has a cost of $50,000, with a residual value of $10,000. Under double-declining-balance, what's the asset's fourth full year of depreciation expense?
MA511/GA511 Financial Accounting and Reporting Assessment - Explain the nature of general purpose financial reports (GPFR) in the context of the AASB's
Will the use of IT eliminate the audit trail, making it impossible to trace individual transactions from their origin to the summary total in the financial statements? Explain. How do the American Institute of Certified Public Accountants (AICPA) and..
Does it make a difference that analytical procedures were performed in testing property, plant, and equipment, as indicated by BK&D CPAs?
General Mills Company produces a product which requires several departments. Two of those departments are the (1) Mixing and (2) Baking departments. The company uses a process cost accounting system. Prepare the journal entries to record the precedin..
calculation of wages paid to employees.the following balance sheets are provided for victor foodscash and cash
How to record journal entries for the June 17 purchase of inventory and when 55 units from this lot were sold for $45 each. Assume both purchase of inventory
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