Reference no: EM133150867
Question - The following information is given regarding Dyosa Company:
The reciprocal account in the separate income statement of the home office amount to P225,000.
During the year 2020 (current year), the home office bills merchandise to the branch at 215% of cost.
The beginning inventory of the branch is P249,375.
During the 2020, the branch purchased from vendors merchandise amounting to P150,000.
The ending inventory of the branch as shown in the combined financial statements is P267,125.
The allowance for overvaluation before adjustment is P320.000.
The beginning inventory of the branch from the home office at cost is P153,125.
The unrealized profit at the end of the year must be decreased by P55,000.
Required - What is the cost of goods sold in the combined financial statements at the end of 2020?
|
How many sandwiches does she need to sell per month
: An estimate of her costs/revenues are as follows: average sales price per sandwich: $12.75; How many sandwiches does she need to sell per month
|
|
Prepare a production budget for each month
: Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter
|
|
What is the amount of the average daily float
: These checks all have an average collection delay of 0.7 days. Given this information, what is the amount of the average daily float
|
|
What is the average amount of the disbursement float
: On an average day, Foam Enterprises writes 193 checks with an average amount of $903. What is the average amount of the disbursement float
|
|
What is cost of goods sold in combined financial statements
: The beginning inventory of the branch from the home office at cost is P153,125. What is cost of goods sold in combined financial statements
|
|
What the unadjusted balance of the home office account
: The branch collected a home office accounts receivable of P50,000 but failed to notify the home office of this collection. What the unadjusted balance
|
|
Describe learning-future application
: Complete a Reflection Paper based on some of the different nail polish systems available in the market and which one you may want to take further training on an
|
|
Recognize the unexpected rise
: Concept Map 2 - Social Media, Peer Production, and Leveraging the Crowd
|
|
What order size would minimize total cost
: If the supplier offered the discount at 1,500 pounds instead of 1,000 pounds, what order size would minimize total cost
|