12. Which TWO of the following would be regarded as cost objects

Q: 10.Which of the following is not a reason that worker involvement is important in an effective  perf...

A: The correct answer for the above mentioned question is given in the following steps for your referen...

Q: STARS Company reported net income for the current year 2021 before taxes is #4,288,000. The followin...

A: A deferred tax asset is an item in a company's balance sheet that reduces its taxable income in futu...

Q: 20.  An assurance engagement of risk management processes by the internal audit activity should star...

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any ...

Q: At the beginning of the month raw materials inventory was £30,000, during the month £257,000 of raw ...

A: GIVEN   At the beginning of the month raw materials inventory was £30,000, during the month £257,000...

Q: On July 19, 2021, SUNOB acquired 60% of the outstanding shares of YSAE. The business combination res...

A: If any gain on bargain purchase on business combination arise then such gain on bargain purchase on ...

Q: Steve Osbourne is considering opening a business, but the major decision faced is how to organize th...

A: Dear student, as per bartleby guidelines we are supposed to answer only first 3 subparts, kindly rep...

Q: On January 1, year 1, ABC Company purchased 80% of the stock of XYZ for P4,000,000 cash. Prior to th...

A: Stockholders are the Persons of entities whom the company issues its ownership rights in the form of...

Q: you as a consultant and seek your advice. Requirements: 1. Is it true or false that corporations m...

A: corporation is considered to legally separated  from its owner who have rights and responsibilities....

Q: - Issued shares of common stock. Stock has par value of per share and was issued at $ per share. (pl...

A: The shareholders equity includes the capital and retained earnings that belongs to the shareholders ...

Q: The December 31, 2021 adjusted trial balance section of Premier Construction's v sheet is below Adju...

A: T-Accounts - T-Accounts are prepare after preparing journal entries. After preparing journal entries...

Q: Refer to the following transactions. a. Issued 400 shares of $100 par value preferred stock at par. ...

A: Financial statements includes: Balance sheet Income statement Cash flow statement Statement of chan...

Q: unes Corporation uses the weighted-average method in its process costing system. This month, the beg...

A:

Q: You are in charge of auditing PLM (PopoyLangMalakas) Company's investment accounts for the year ende...

A: When a high rate of interest is credited, then to reduce the income interest account to be debited.

Q: A company uses an overhead absorption rate of £6·50 per labour hour, based on 40,000 budgeted labour...

A: Absorbed Overheads = Overhead Absorption Rate x Actual Labor Hours

Q: On January 1, year 1, ABC Company purchased 80% of the stock of XYZ for P4,000,000 cash. Prior to th...

A: GIVEN   On January 1, year 1, ABC Company purchased 80% of the stock of XYZ for P4,000,000 cash. Pri...

Q: Berkeley Inc. is engaged in manufacturing. For the procurement of machines, Berkeley Inc. uses the l...

A: When there is an option attached to the lease agreement then the lease is a sale-type lease. In sale...

Q: Answer the following questions for Steve.   A) Explain the corporate characteristic termed “no mutu...

A: corporation is such a business entity in which ownership is lie in the hands of shareholders with al...

Q: Exercise in Calculating Activity Ratios United Instruments, Inc. Selected Financial Statement Statis...

A: By analyzing financial records such as the financial statement, ratio analysis is a quantitative tec...

Q: Monette Company is a manufacturer that is preparing its budget for the upcoming quarter. has prepare...

A: Budgeting - Budgeting is the process of estimating future operations based on past performance. % ar...

Q: Sheffield Steel Company, as lessee, signed a lease agreement for equipment for 5 years, beginning De...

A: The financial statement which shows the assets, liabilities and shareholder's equity of the particul...

Q: If Wilmington used a plantwide predetermined overhead rate based on direct labor-hours, how much man...

A: Predetermined overhead rate is used for allocating overhead costs to job or product. Predetermined o...

Q: Information on Entity A's inventory of Product A is as follows: Cost formula Total Cost P 58,650 Uni...

A: The weighted average cost per unit will be equal to total beginning inventory & purchases divide...

Q: TK Co. manufactures a single product that goes through two processes, mixing and cooking. The data p...

A: 9) Equivalent units of Y  =27000+ 60000-17000 =70000 units total cost of Y = 89100+138400 =227500 eq...

Q: Wheeling Company is a merchandiser that provided a balance sheet as of September 30 as shown below: ...

A: Budgeting - Budgeting is the process of estimating future operations based on past performance. % ar...

Q: ABC Company has several subsidiaries that are included in its consolidated financial statements. In ...

A:

Q: The company purchased a computer system at a cost of $100,000. The estimated useful life is 4 years,...

A: Since you have asked multiple question, we will solve the first question for you. If you want any sp...

Q: e is a single taxpayer- nce on her pre-2021 ere to access the wit

A: Part A   Particulars Amount Wages    2,200.00 Less: Allowance      -358.00 Adjusted Wages   ...

Q: CAE in a consulting engagement?

A: a. CAE must determine if the scope of the engagement is sufficient to achieve the desired objectives...

Q: Chez Fred Bakery estimates the allowance for uncollectible accounts at 3% of the ending Ba 2021. Che...

A: Introduction:- Calculation of Ending accounts receivable as follows under:- Allowance for uncollecti...

Q: The company is desirous of comparing several financial transactions and possible outcomes to assist ...

A: Stockholder’s equity is prepared to disclose the changes that occurred in the stockholder’s equity d...

Q: On January 1, 2021, PCO purchased 70% ownership of SCO which resulted to a gain on acquisition of P1...

A: PCO purchased 70% ownership in SCO.

Q: Which of the following set of taxes are prohibited? I. Imposition at the same time of income tax and...

A: Income tax is direct tax and value added tax is indirect tax so direct and indirect tax can be impos...

Q: Libre, Incorporated has experienced bad debt losses of 5% of credit sales in prior periods. At the e...

A: In percentage of credit sales method  Bad debt expense = credit sales × Estimated Nad debt percentag...

Q: Which of the following is deductible from gross income? O Loss from a business receivable from a cus...

A: Gross income : It is the income which is taxable before allowing any deductions.   Deduction are all...

Q: Assume that a company’s fiscal year ends on December 31. Which of the following events involves an a...

A: Adjusting Entries: Adjusting entries are accounting journal entries made after a trial balance is co...

Q: Nita Corp.'s Department II is introducing a new product that will use component C. An outside suppli...

A: When Talking about the overall profitability of the company, the departmental transfer price should ...

Q: Presented here are an incomplete income statement and balance sheet for Vieux Corporation. VIEUX COR...

A: Ratio analysis is defined as a method utilized to analyze the results of a business. Various items o...

Q: Depreciation and Rate of Return Burrell Company purchased a machine for $46,000 on January 2, 2019. ...

A: Straight-line Method Year Rate of return 2019 23.3% 2020 30% 2021 42% 2022 70% 2023 21...

Q: rpe bsupuele M animuzaA 2S wo Item Nos. 23 and 24 are based on the following information: C, D, and ...

A: The partnership comes into existence when two or more persons agree to do the business and further s...

Q: Quarterly income tax payments made by a non-resident citizen taxpaye nay be claimed as O neither a n...

A: Tax credit means amount can be substrate from total payable tax and offset overall liabilities.  

Q: Unit Cost Total Cost Information on Entity A's Units P19.55 P 58,650 3,000 Balance at Jan. 1 21.50 2...

A: Solution: Under weighted average method of periodic inventory system, average cost per unit is deter...

Q: An adverse labour efficiency variance together with a favourable labour rate variance could suggest ...

A: Labour efficiency variance is the variation in the standard hours required for actual production and...

Q: Given the building layout for Store A, Store B, Store C, and Store D, what portion of the shared $60...

A: Apportionment of cost is allocating the total cost in the different sectors of the organization on t...

Q: S.A.Q 1.3 ACTIVITY 2: Entrios for Sale of Goods On January 3, 2020, a sale to customer Kim Taehyung ...

A: Perpetual Inventory System – Under Perpetual inventory system on every sales transaction cost of goo...

Q: What was the effect of W's purchase of XYZ's bond on the retained earnings amount reported in XYZ's ...

A: The effect of W's purchase of XYZ's bond on the retained earnings amount reported in XYZ's March 31,...

Q: Which of the following is a situation that might call for an indirect strategy? Check all that apply...

A: strategy is considered to be important part of an organisations which help the organisation to achie...

Q: 1,200,000     Direct expenses    4,000,000     Bills payable        150,000 Net sales        80,000,...

A: The answer has been mentioned below.

Q: Following are the budgeted income statements for the second quarter of 2019 for SeaTech Inc.:     A...

A: Budget: Budget is a plan that a company drafts in order to forecast their incomes and expenditures. ...

Q: an Luis​ Obispo, California based​ SLOboards, Inc. manufactures a single line of paddleboards. For t...

A: Introduction Cost volume profit analysis is a technique that determines how change in variable cost,...

Q: Mullins Corporation uses the first-in, first-out method in its process costing system. Data concerni...

A: The term "work in process" refers to the product that is in the process of being created but has not...

Management by Exception

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in an effective manner, a manager must adopt or practice different management styles and tactics.