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Problem 1: Bodhi Company uses activity-based costing and one of its activity cost pools is inspecting the product. The total estimated overhead for inspecting is estimated to be Php400,000. If the total expected inspections are 80,000, then what is the activity-based overhead rate?
Orchard Supply had gross sales revenue of $1,500,000, cost of goods sold of $750,000, Compute the GROSS PROFIT RATE and GROSS PROFIT
The company has 10 million shares of stock outstanding. What is the best estimate of the stock's price per share? show your calculation.
The manager of Calypso, Inc. is considering raising its current price of $35 per unit by 10%. What is the current break-even point in units
The Pearce Club, Inc., is considering investing in an exercise machine that costs $5,000 and would increase revenues by $1,500 a year for five years. Calculate the equipment's internal rate of return. Assume that the tax rate is 30 percent.
At December 31, 2017, how much should Sheffield report as deferred revenue from the sale of the machine
Mill billed and collected $3,000,000 from Drew in 1996. What amount should Mill recognize as gross profit for 1996
Yogi expects to produce 2,000 units in January and 2, 155 units in February. The company budgets $65 per unit for direct materials.
The estimated salvage value is $10,000, and the estimated useful life is 10 years. What is the depreciation base of this asset
stephens industries is contemplating four projects project p project q project r and project s. the capital costs and
SuySan Real Estate owns an office building, During 2019, SuySan received P1,600,000 from tenants. What amount of rental revenues should SuySan record for 2019?
there is a retail store selling dvds. this business is relatively simple with approximately the same contribution
You are a manager in the audit firm of JT & Co and Pink Co; For each ethical threat, discuss how the effect of the threat can be mitigated.
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