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Problem 1: On May 1, 2019, Ziek Corp. declared and issued a 10% ordinary stock dividend. Prior to this dividend, Ziek had 100,000 shares of P1 par value ordinary shares issued and outstanding. The fair value of Ziek 's shares was P20 per share on May 1, 2019. As a result of this stock dividend, Ziek's total stockholders' equity
a. decreased by 200,000b. decreased by 10,000. c. did not change.d. increased by 200,000.
Processing costs are assigned to products using machine-hours (MHs). What is the overhead cost assigned to Product R6 under activity-based costing?
Journalize the following merchandise transactions. Refer to the Chart of Accounts for exact wording of account titles.
What is the amount and character of Maple LLCs gain/loss on the sale of the manufacturing equipment.Calculate the gain on the sale of the warehouse
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Depletion Computations-Oil Federer Drilling Company has leased property on which oil has been discovered. Wells on this property produced 18,000 barrels of oil during the past year that sold at an average sales price of $65 per barrel. Total oil reso..
State where the inventory at 31 December 2016 would be shown on the statement of financial position as at that date. Prepare Laney's trading account
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an analysis of past maintenance costs indicated that maintenance costs is an average of 0.20 per machine hour at an
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Innova Discs has two divisions-Standard and Premium. What is the break-even point in dollars
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