Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Questions -
Q1. Seal Yard Ornaments sells lawn ornaments for P15 each. Seal's contribution margin ratio is 40%. Fixed costs are P32,000. Should fixed costs increase 30%, how many additional units will Seal have to produce and sell in order to generate the same net profit as under the current conditions?
a. 1,600.
b. 5,333.
c. 1,067.
d. 6,933.
Q2. Levi's Company has revenues of P500,000, variable costs of P300,000, and pretax profit of P150,000. Had the company increased the sales price per unit by 10%, reduced fixed costs by 20%, and left variable cost per unit unchanged, what would the new breakeven point in pesos have been?
a. P80,000
b. P100,000
c. P88,000
d. P125,000
A review of industrywide data for the jelly and jam manufacturing industry suggests the following industry supply function:
the marx company issued 91000 of 11 bonds on april 1 2010 at face value. the bonds pay interest semiannually on january
Clear Water Coffee issued $100,000 of 7% bonds on January 1. Prepare the journal entry to record the interest payment and bond retirement on December 31, 20X5
johnson company uses the allowance method to account for uncollectible accounts receivable. bad debt expense is
Mama's Pizza Shoppe borrowed $8,000 at 9% interest on May 1, 2016, What adjusting entry is necessary on June 30, 2016
Ada Company's income statement reported a loss on the sale of equipment of $5,500. What amount was reported on the statement of cash flows
Assume that in February 2012, Freeport-McMoRan paid $708,000 for a mineral deposit in Indonesia. Compute the acquisition cost of the deposit in 2012
What is a computer based information system? What are its components?
The debt is unpaid at 30 June 2020, which is also AUS Ltd's end of reporting period. Provide the required journal entries for the above transactions
Make journal entry to record Tanner-UNF's investment in the bonds on July 1, 2021 and interest on December 31, 2021, at the effective (market) rate.
Metlock, Inc. purchased a new machine on October,Compute the depreciation expense under declining-balance using double the straight-line rate for 2020 and 2021.
At December 31,2010 the fair value of the Carlin, Inc. bonds was $318,000. What should Richman Co. report as other comprehensive income and as a separate component of stockholders' equity?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd