Solution-What amount be considered for evaluation of common

What amount be considered for evaluation of common company

Assignment Help Accounting Basics

Reference no: EM133150645

Question - Common Company had the following information from their financial reports:

Sales (P400 per unit) P3,200,000.00

Manufacturing Costs

Direct Materials 800,000.00

Direct Labor 480,000.00

Variable Overhead 320,000.00

Fixed Overhead 500,000.00

Selling and Administrative Costs

Variable (based on unit sales) 320,000.00

Fixed (Allocated) 300,000.00

Required - Fixed Overhead pertains to salaries of departmental personnel and other controllable costs. What amount should be considered for evaluation of Common company, given that it is delegated as a Profit Center?

Reference no: EM133150645

Questions Cloud

What is the annual dividend on the preferred stock : Question - Coronado, Inc. has 910 shares of 6%, $10 par value, cumulative preferred stock. What is the annual dividend on the preferred stock

Determine what your role is in a workplace : How can you determine what your role is in a workplace, group or membership to a club etc?

Experience supporting a group activity : List three resource shortages you might experience supporting a group activity. How do you report the shortages to your supervisor and inform others when they a

Discusses several strategic leadership issues : Discusses strategic trade-offs that are different between Walmart and Nordstrom even though they are in the same industry.

What amount be considered for evaluation of common company : Fixed Overhead pertains to salaries of departmental personnel and other controllable costs. What amount should be considered for evaluation of Common company

How much is preference share that will appear : Ordinary share, P50 stated value, 20,000 shares issued for P60. How much is Preference share that will appear in the Shareholders Equity Section of the Company

Person engaged in supporting group activities : What are the legal and ethical considerations for a person engaged in supporting group activities?

Ethics and professional conduct in business : At the end of the current month, Jonni Rembert prepared a trial balance for Star Rescue Service. Discuss whether Jonni is behaving in a professional manner.

Reshaping how people think about family : How are social and technological changes reshaping how people think about family?

User Account

All Pages

What amount be considered for evaluation of common company

Reference no: EM133150645

Reference no: EM133150645

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Explain accounting information system and business processes

Calculate the current ratio and acid test ratio

Explain different types of test of control techniques

How would you create a zero-risk portfolio

Accounting for bad debts

What is the net present value of the project

Record the end-of-period adjusting entry on December

Calculate the number of ftes necessary to staff

The united states financial reputation on an international

What will be The Bad Debt Recovery Journal Entry

Discuss function of the erp software''s capabilities

Prepare the journal entries to record the investments

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT