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Question - TWICE COMPANY regarding their termination benefit. At the beginning of the current year, an entity announced the decision to close the factory located in Mindanao and terminate all 200 employees as a result of the economic downturn. The entity shall pay P20,000 per employee upon termination. However, to ensure that the windup of the factory occurs smoothly and all remaining customer orders are completed, the entity needs to retain at least 20% of employees until closure of the factory in eight months. As a result, the entity announced that employees who agree to stay until the closing of the factory shall receive P60,000 payment at the end of eight months in addition to receiving their current wage throughout the period of closure instead of the P20,000. Based on this offer, the entity expected to retain 50 employees until the factory is closed. What is the amount of termination benefit?
David is going to invest $51,000 into business to acquire 30 percent ownership interest. What will be David's beginning capital balance
Determine the number of statues that must be sold in order to have a profit of at least $2000. Show all supporting work (graphs, etc.).
Ayayai Company's income statement, Determine the operating activities section of the statement of cash flows using the direct method.
A company with sales of $100,000, variable expenses of $70,000, and fixed expenses of $50,000 will reach its break-even point if sales are increased by $20,000.
Any underapplied or overapplied overhead cost is closed to Cost of Goods Sold at the end of the month. The Cost of Goods Manufactured for August was
How much should the machineries be initially recognized? MAMA company purchased several machineries that will be used in the production of goods
elegance bath products inc. ebp makes a variety of ceramic sinks and tubs. ebp has just developed a line of sinks and
Evans Company produces asphalt roofing materials. The production budget in bundles for Evans' most popular weight of asphalt shingle is shown for the following months:
Roark Company paid $630,000 for a basket purchase that included land, a building and equipment. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately:
switzer inc has 5 computers which have been part of the inventory for over two years. each computer cost 600 and
Compute the number of units of each product that would be sold at the break-even point. Compute the selling price per composite unit.
What balances should appear in the Investment in Bloom Bonds account on Opus's records and the Bonds Payable account of Bloom as of December 31, 2014?
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