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Davis Corporation reported the following for the month of November:
Total hourly wages of plant workers ?080,000
Advertising 134,000
Sales Commission 40,000
Depreciation of machine used in production 28,000
Depreciation of administrative equipment 27,000
Indirect Labor 25,000
Administrative Salaries 95,000
Utilities, factory 11,000
Direct Materials 200,000
Freight Out 20,000
Problem 1: What is the total inventoriable costs for November?
Cone Company acquired long term 12% bond,On December 31, 2020, Cone sold all bonds for P2,300,000 excluding accrued interest. What is the gain on sale of bonds?
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Identify whether event is an adjusting or a nonadjusting, Existing customer went bankrupt, New shares were issued, Company initiated restructuring program
The unlevered cost of equity is 14.2 percent. The firm is financing $200,000 of the project cost with debt. What is the adjusted present value of the project?
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