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Problem 1: KKK Co. has two service departments and two production departments ( A and B). Data provided are as follows: Direct cost of Department A and Department B are 5,000 and 6,000, respectively. Cost of service dept 1 and 2 are 150 and 300, respectively. Services performed by Service Dept 1 to Service Dept 2, Department A and Department B are 40%, 40% and 20%, respectively. Services performed by Service Dept 2 to Service Dept 1, Department A and Department B are 20%, 70% and 10%, respectively. Assuming reciprocal method is used to allocate service department cost, what is the total cost of department A?
XYZ limited acquired an item of plant at a cost of KSh. 5,000,000. The asset is expected to be used as follows.
Make a Budgeted operating and financial data for the months of January, February and March 2020 Materials purchases in units and in pesos
with possibility of the us congress relaxing restrictions on cutting old growth timber a local lumber company is
You are required to evaluate the project to extend the storage facilities using the NPV method, assuming the company's cost of capital is 20%.
Consider how the amounts would differ if Bainbridge were to borrow the $100,000 at different interest rates and time periods. The results of the original data (option 1) have been entered in the following schedule. In the spreadsheet.
Compute the accounts receivable turnover for the current year and how long does it take on average for Nokia to collect receivables?
Prepare a Statement of Cash Flows on the direct method (do not include the indirect method of calculating operating cash flows). The Statement of Cash Flows should automatically change when any assumption is changed.
The marketing expense related to Beta is P8,100. Determine the amount of joint costs to be allocated between the two joint products, Alpha and Gamma
A household appliance dealer buys microwave ovens from a manufacturer and resells them to its customers. What is the net cost of the microwave to the dealer, assuming it is paid for within 10 days of purchase?
Do you go along with the president, or do you argue for changing the operating profit report and summary of manufacturing activity?
Find the contribution margin per haircut. Assume that the barbers' compensation is a fixed cost. Show calculations to support your answer.
Compute the estimated manufacturing overhead at the beginning of the year used in the predetermined overhead rate must have been
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