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Question - Gibran company incurred the following costs and expenses in April: Direct materials, P200,000; Direct labor, P150,000; Variable factory overhead, P70,000; Fixed factory overhead, P42,000; Variable selling and administrative, P30,000; and Fixed selling and administrative, P48,000. During the month, Gibran produced 300,000 units which were sold for P2 each. The company's average operating assets were P1,000,000. The division is required to earn a minimum return of 15% on average operating assets. What is the company's return on investment (in percent) for the month?
How does the shareholders wealth change and outstanding equity are entitled to purchase one additional share of the new issue.
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The standard rates are P3 per pound and P10 per hour. The standard overhead rate is P12 per direct labor hour. What the total standard cost of Flieck's product
Explain whether translation has distorted the Spanish subsidiary's performance in 2012 compared with 2011. If so, explain how changes in the exchange rate contributed to the distortion.
How many pounds of material does Midwest Inc. plan to purchase in July and what is the budgeted August 31 finished goods inventory balance (in dollars)?
Determine What is the total amount of product cost. A partial listing of costs incurred at Boylen Corporation during March appears
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What is the lowest possible price you could offer to this potential customer (You know that we have sufficient capacity, without working overtime and without adding any new equipment, to make this order)? Please show the calculations.
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How to use the weighted average cost flow assumption: determine the equivalent unit cost was in progress for direct material and conversion cost
In 2019, Jasmine and Thomas, a married couple, had taxable income of $103,000. What is the couple's marriage penalty or benefit?
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