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Question 1: The cost to manufacture an unfinished unit is P40 (P30 variable and P10 fixed). The selling price per unit is P50. The company has unused production capacity and has determined that units could be finished and sold for P65 with an increase in variable costs of 40%. What is the additional net income per unit to be gained by finishing the unit?
List the six steps for establishing internal controls and describe how this process leads to stronger overall corporate governance
1.when determining the proceeds received when issuing a bond the factor applied to the amount of the bond principal is
nathan herrmann has completed the basic format to be used in preparing the statement of cash flows indirect method for
Team 1: Describe the financial statement effects of making the purchase in 2014 as opposed to 2015. Argue for making the purchase during 2014. Defend the use of LIFO. Use the matching concept in your defense.
what is the lowest price austin should be willing to accept for one afghan as long as it can sell spindles of yarn to
Allgone Company's inventory was destroyed by fire. What is the estimated value of the ending inventory lost in the fire
The partnership assumes all liabilities encumbering the contributed assets. Construct an opening balance sheet for the partnership
The actual labor-hours for the year turned out to be 74,000 labor-hours. The predetermined overhead rate for the recently completed year
Analyze a current or former company for which you have worked, and without revealing the name of the organization, identify one step in the strategic plan
(Sales Recorded Both Gross and Net) On June 3, Hunt Company sold to Ann Mount merchandise having a sales price of $8,000 with terms of 2/10, n/60, f.o.b.
Make the Stockholders' Equity section of the December 31, 2016, balance sheet. "Less" or "Deduct" will automatically appear if it is required.
Owner Lei Wong is considering franchising her Global Chopsticks restaurant concept. Find a franchisee's breakeven sales in dollars
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