LWYVA185_001 Lesson 1

5. QR Code Inc. sales two products: Queen and Pia. Data concerning the company for March follows: Product Queen Product Pia Sales..................................................................... 200,000 300,000 Variable Expenses................................................ 50,000 100,000 Traceable Fixed Cost........................................... 80,000 150,000 In addition, there were common fixed expenses of 70,000 in March. What was the segment margin for Product Queen?   6. Same data in no. 5. Suppose advertising for product Pia is increased by P20,000 per month, which results in an increased in sales of P90,000 per month. With this, what would be the effect and the amount on Product’s Pia monthly segment margin?   put solution

Raw materials……………………………………………………………….P            1,400,000 Advances for materials ordered………………………………………….       200,000 Work in process…………………………………………………………….               650,000 Unexpired inventory insurance………………………………………….      60,000 Advertising catalogs and packaging cartons………………………….        150,000 Finished goods inventory in the warehouse…………………………...        2,000,000 Finished goods in the company owned retail store, stated at 50%       mark-up on its cost……………………………………………………            750,000 Finished goods in the hands of consignees including 40%       profit on sales………………………………………………………….               400,000 Finished goods in transit to customers, Shipped at FOB-Destination       stated at cost……………………………………………………………               250,000 Finished goods out on customers’ approval, at cost………………….              100,000 Unsalable finished goods, at cost……………………………………….        50,000 Office stationeries and supplies…………………………………………         40,000 Materials in transit,…

Q.1         Following information relates to the Snowball Manufacturing Company:                 Direct materials…………………………………………….      $25,000                 Indirect materials…………………………………………..         5,000                 Direct labor…………………………………………………           30,000                 Indirect labor………………………………………………..          4,500                 Factory overhead (excluding indirect materials and indirect labor) 15,000                 Plant cost                                                                                                               500,000 Required: Compute the prime costs, conversion costs, and product costs?   Q.2.        Allure Company produces women’s clothing. During 2004, the company incurred the following costs: Factory rent    265,000 Direct labor    325,000 Utilities-Factory      88,000 Purchases of direct materials    465,000 Indirect materials      70,000 Indirect labors      35,000…

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Expenditures—Operating—Salaries..........................................                                            Cash................................................................................                                                                        Salaries Payable           for example? Incurred salaries of $300,000 $280,000 of which was paid. Where do i put these salaries.

1. MC.14.81.ALGO 2. MC.14.96.ALGO 3. MC.11.69.ALGO 4. MC.11.112.ALGO 5. MC.15.86.ALGO 6. MC.15.125 7. MC.16.71.ALGO 8. MC.16.86.ALGO 9. MC.17.87.ALGO 10. MC.17.129 11. MC.18.58.ALGO 12. MC.18.45.ALGO 13. MC.20.81.ALGO Mocha Company manufactures a single product by a continuous process, involving three production departments. The records. indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000, $60,000, and $70,000, respectively. Department 2 has transferred-in costs of $390,000 for the current period. In addition, work in process at the beginning of the period for Department 2 totaled $75,000, and work in process at the end of the period totaled $90,000. The journal entry to record the flow of costs into Department 3 during the period is Oa. Work in Process-Department 3…

ion 3 et ered ced out of 1 ag tion evi ◄E Match each of the qualitative characteristics below with the correct description/definition (use the drop-down button). Timeliness Materiality Comparability Choose... Relevance Choose... Predictive Value Neutrality Choose... Choose... Choose... Choose... Choose... Information measured and reported in a similar manner for different companies A company cannot select information to favor one set of interested parties over another. Information available to decision-makers before it loses its capacity to influence decisions Information must be capable of making a difference in a decision. Omitting this information or misstating it could influence decisions that users make on the basis of this information. Has value as an input to predictive processes used by investors to form their own expectations about the future.

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Q#1 - The accrued interest is   $ ……………………………………. .   Q#2 - The total invoice price is $ …………………………………… .

ngageNOWv2 | Online teachin x = Ch. 12 Key Terms - Principles of A X takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Cancel Your... F Startup Opportuniti. V How brands are co.. Assignment Practic... COVID-19 Student.. C20-128PR01-2016... O Final Exam Review Eli Inc. issued $110,000 of 10% annual, 4-year bonds for $112,800. What is the total amount of interest expense over the life of the bonds?

Bookmarks People Tab Window Help 192.168.1.229 60 83% Wed 12:20 PM Chapter 10 Homework (Applice X CengageNOWv2 | Online teach x lim/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false ☆ 青N Login Common A... A Common Black Co... *No Fear Shakespe... b Hamlet, Prince of... E 12th Grade PVA H.. O Paraphrasing Tool.. eBook Labor Variances. Verde Company produces wheels for bicycles. During the year, 656,000 wheels were produced. The actual labor used was 364,000 hours at $9.20 per hour. Verde has the following labor standards: 1) $10.40 per hour; 2) 0.48 hour per wheel. Required: 1. Compute the labor rate variance. 2. Compute the labor efficiency variance. Previous Next Check My Work

Record each of these transactions 1 Cash………………………………………. 300,000             Capital Stock……………………………………………             300,000     Issued capital stock at $60 per share  4 Diagnostic Equipment……………………250,000             Cash…………………………………………………                100,000             Notes Payable………………………………………                 150,000   Purchased equipment, paying part in cash and signing a note payable for the balance 12 Account Payable…………….......6,000             Cash………………………………….                              $6,000 Paid account payable to Zeller Laboratories 19 surgical supplies……………………4,000             Accounts Payable………………………                   $     4,000 25 Cash…………………..80,000             Accounts Retrievable……………………..                  80,000 30 Dividends……………$50,000             Cash……………..                                                    500,000                                 ADDITIONAL REQUIREMENT FOR 3.2 Posting of transaction from General Journal to T-Accounts Prepare trial…

#8Aaron Moses Company prepared the tabulation below at December 31, 2020.Net Income ............................................................................................................ $500,000Adjustments to reconcile net income to net cash provided by operating activities:Depreciation expense, $63,000 ..................................................................... ______Decrease in accounts receivable, $50,000 .................................................... ______Increase in inventory, $23,000 ....................................................................... ______Increase in accounts payable, $15,300 ......................................................... ______Increase in interest receivable, $7,000 .......................................................... ______Increase in supplies, $6,000 .......................................................................... ______Decrease in income taxes payable, $7,500…

1. EX. 14.01.ALGO 2. EX.14.02 3. EX.14.03 4. EX.14.04 5. EX.14.05.BLANKSHEET.AL... 6. EX.14.06.BLANKSHEET.AL... 7. EX.14.07.BLANKSHEET.AL... 8. EX.14.08.BLANKSHEET.AL... 9. EX.14.09.BLANKSHEET.AL... 10. EX.14.11.BLANKSHEET.A... 11. EX.14.14.ALGO 12. PR.14.04.BLANKSHEET.A... 13. PR.14.02.BLANKSHEET.A... C Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: Bonds payable, 10% (issued at face amount) $1,000,000 Preferred $2 stock, $20 par 1,000,000 Common stock, $25 par 1,000,000 Income tax is estimated at 40% of income. Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $470,000, (b) $570,000, and (c) $670,000. Enter answers in dollars and cents, rounding to two decimal places. a. Earnings per share on common stock $ b. Earnings per share on common stock $ c. Earnings per share on common stock $ JAN 20 A I 0.28 1.3 W X P

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%24 2 Project: Company Accour X DZL. 7-1 Problem Set: Module Sev X CengageNOWv2 | Online tea x Cengage Learning +| x ow.com/ilrm/takeAssignment/takeAssignmentMain.do?invoker%3&takeAssignmentSessionLocator3&inprogress%3Dfalse eBook Show Me How Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts payable $40,964 $41,800 Long-term debt 45,594 44,700 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers. Amount of Change Increase/Decrease Percentage Accounts payable Decrease Increase Long-term debt Check My Work Calculate the change in the amount and divide by the base (older) year amount to determine the horizontal analysis percentages. Previous Check My Work 3:12 PM dp SU prt sc 144 114

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Twenty Twenty One Corp.Income StatementFor the month ended December 31, 2020Sales (P10/unit) ...................................................................................................... P900,000Variable Costs:Variable Cost of Goods Sold:Beginning Inventory ............................................................. P125,000Variable Cost of Goods Manufactured ............................... 400,000----------------Total Goods Available for Sale ........................................... 525,000Ending Inventory ................................................................. 75,000----------------Variable Cost of Goods Sold .............................................. 450,000Variable Selling Expense ....................................................... 90,000 540,000----------------- -------------------Contribution Margin ................................................................................................ P360,000Fixed Costs:Manufacturing…

Twenty Twenty One Corp.Income StatementFor the month ended December 31, 2020Sales (P10/unit) ...................................................................................................... P900,000Variable Costs:Variable Cost of Goods Sold:Beginning Inventory ............................................................. P125,000Variable Cost of Goods Manufactured ............................... 400,000----------------Total Goods Available for Sale ........................................... 525,000Ending Inventory ................................................................. 75,000----------------Variable Cost of Goods Sold .............................................. 450,000Variable Selling Expense ....................................................... 90,000 540,000----------------- -------------------Contribution Margin ................................................................................................ P360,000Fixed Costs:Manufacturing…

E Chapter 10 Homework - FINANC X O NWP Assessment Player UI Appli x A Player + i education.wiley.com/player/#/res;url=https:%2F%2Feducation.wiley.com%2Fcontent%2FKieso_Intermediate_Accounting 17e%2Febook%2Fepub%2F9781119503682%2FOPS%2FC10.xht.. E10.1 (LO 1) (Acquisition Costs of Realty) The following expenditures and receipts are related to land, land improvements, and buildings acquired for use in a business enterprise. The receipts are enclosed in parentheses. a. Money borrowed to pay building contractor (signed a note) $(275,000) b. Payment for construction from note proceeds 275,000 c. Cost of land fill and clearing 8,000 d. Delinquent real estate taxes on property assumed by purchaser 7,000 e. Premium on 6-month insurance policy during construction 6,000 f. Refund of 1-month insurance premium because construction completed early (1,000) g. Architect's fee on building 22,000 h. Cost of real estate purchased as a plant site (land $200,000 and building $50,000) 250,000 i. Commission…

.......................................................................................... The length of the maximum payback period depends on: Select one: a. profits from projects only b. The type of project and the financial situation of the company c. size of projects and companies d. complexity of projects