According to the information given in the table below, which of the following is Raw materials consumed? Opening Stock Raw Materials 14500 Purchases 104300 Freight in 1800 Purchase return raw Material 1120 Wages Closing Stock Raw Materials 76500 9000
Q: 20. Hardigan Manufacturing Company reported the folowing year end information Beginning work in…
A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…
Q: pening stock of work in progress is 12000, and closing stock of Work in progress is 13500 OMR,…
A: Cost of Goods Sold can be computed as = Opening stock of finished goods - closing stock of finished…
Q: . The work-in-process inventory of YYY Company were completely destroyed by fire on June 1, 2020.…
A: Formula: Raw material Consumed= Opening RM+ Purchases including freight- Ending RM
Q: 9. The balance of work in process inventory account as of December 31, of the current year of…
A: Balance of WIP = P480,000 Selling price = P450,000 Cost of completion = P10,000 Cost to sell =…
Q: Cheap Sheep Company developed the following information about its inventories in applying the lower…
A: Inventory: It can be defined as all the goods, items, materials, and merchandise that are held by a…
Q: According to the information given in the table below, which of the following is Cost of Goods Sold?…
A:
Q: According to the information given in the table below, which of the following is Cost of Goods Sold?…
A: Cost of goods sold means total cost incurred on goods which are to be sold in the business. Cost of…
Q: According to the information given in the table below, which of the following is Prime Cost? Opening…
A: Net purchase=Purchase-Purchase return=128,000-1,800=126,200
Q: Opening stock of Raw material is 190000 OMR, Freight Inwards 5000 OMR, custom duty on purchases 5000…
A:
Q: pening stock of work in progress is 22000, and closing stock of Work in progress is 23750 OMR, Cost…
A: Cost of goods sold can be computed as = Cost of goods manufactured + Opening stock of finished…
Q: Opening stock of Raw material is 160000 OMR, Freight Inwards 10000 OMR, Purchases of Raw material…
A: Raw materials used = Opening Raw materials + Raw materials purchased + Freight inwards - Purchase…
Q: On February 3, the company purchased materials amounting to P950,000 on account. Transportation…
A: Perpetual Inventory System: A perpetual inventory system is a computer software that makes ongoing…
Q: Auge Company annually purchases 1,000 tons of raw material at a cost of $100,000 with terms of 2/10,…
A: The net purchase (NP) amount is calculated by finding the difference between the gross purchase…
Q: 3. Pear Company recorded the following data pertaining to one of its inventory items during January…
A: Average-cost cost flow assumption - Under the Weighted Average Method, the cost is considered to be…
Q: Opening stock of Raw material is 190000 OMR, Freight Inwards 5000 OMR, custom duty on purchases 5000…
A: The materials that are used in the production and can be directly related to production are said to…
Q: According to the information given in the table below, which of the following is Cost of Goods Sold?…
A: Cost of Production per unit = 220,000 / 2,000 = 110…
Q: According to the information given in the table below, which of the following is Cost of Goods Sold?…
A: SOLUTION- COST OF GOOD SOLD- IT IS THE COST OF ACQUIRING OR MANUFACTURING THE PRODUCTS THAT A…
Q: 2)Sheridan Company has $21000 of ending finished goods inventory as of December 31, 2013. If…
A: Financial statements are statements which states the business activities performed by the company .…
Q: The inventory of Wildhorse Company on December 31, 2020, consists of the following items. Part…
A: LCNRV method states that inventory should be valued at cost or Net realizable value which ever is…
Q: 2. The following information is available for Naab Company for 2012: Freight-in Purchase returns…
A: Cost of Goods sold Cost of goods sold is the amount of cost which was incurred by the company at the…
Q: Opening stock of Raw material is 260000 OMR, Freight Inwards 3000 OMR, custom duty on purchases 2000…
A: Raw material Used = Opening stock of Raw material + Freight Inwards + custom duty on purchases +…
Q: On March 31, 2021, the warehouse of Mine Company was destroyed by fire. The company's markup on…
A: Cost of inventory is the total cost incurred to bring the inventory to its present condition. This…
Q: Related data of Dindi Company:…
A: Cost Accounting is the process of accounting to find cost of each product manufactured by business.
Q: Shannon, Inc. values its inventory at the lower-of-cost-or-NRV. The following information is…
A: A journal entry is a form of accounting entry that is used to report a business transaction in a…
Q: According to the information given in the table below, which of the following is Prime Cost? Opening…
A: Formula: Prime cost = Direct materials + Direct labor.
Q: According to the information given in the table below, which of the following is Cost of Goods Sold?…
A: The cost of goods sold is the total cost incurred to produce goods during a particular year. It is…
Q: Opening stock of work in progress is 12000, and closing stock of Work in progress is 11750 OMR,…
A: Cost of Goods Sold = Opening stock of finished goods + Cost of goods manufactured - Closing stock of…
Q: Cost of goods manufactured equals $90000 for 2019. Finished goods inventory is $2000 at the…
A:
Q: The following information applies to Alberta, Inc for 2020: Products acquired for resale, P400,000;…
A: The inventoriable cost include the cost incurred to acquire the product for resale.
Q: Opening stock of Raw material is 60000 OMR, Freight Inwards 10000 OMR, Purchases of Raw material…
A: option C is correct - 750000 OMR
Q: According to the information given in the table below, which of the following is Raw materials…
A: Raw material consumed =Opening stock of raw material +Purchase+ Freight inward-Closing stock of raw…
Q: Opening stock of Raw material is 190000 OMR, Freight Inwards 5000 OMR, custom duty on purchases 5000…
A: Prime cost = opening stock of raw materials + purchases of raw materials + Direct expenses +Direct…
Q: The work-in-process inventory of YYY Company were completely destroyed by fire on June 1, 2020. You…
A: Work in Process inventory refers to the costs of direct labor, direct materials, overheads,…
Q: The cost of Product E sold for the year ended July 31,2021 is: d. P1,350,000 b. P1,440,000 c.…
A: As per NRV method, the net realizable value at split off point is used to allocate the joint cost.
Q: According to the information given in the table below, which of the following is Raw materials…
A: The cost figure are given Required Calculate Raw Material consumed.
Q: The inventory of Wildhorse Company on December 31, 2020, consists of the following items. Part…
A: LCM stands for Lower of cost or market method which states that when valuing the inventory of…
Q: According to the information given in the table below, which of the following is Prime Cost? Opening…
A: Prime cost: The prime cost refers to the direct cost incurred in manufacturing goods. It is the sum…
Q: balance of inventory account as of December 31 of the current year of Mark Company amounted to…
A: Step 1 Raw material: Raw materials are to be valued at cost only. Exception: If the finished goods…
Q: According to the information given in the table below, which of the following is Prime Cost?…
A: Prime cost = Direct Material cost + Direct Labor cost Direct Material consumed = Opening Stock +…
Q: Opening stock of Raw material is 280000 OMR ,Freight Inwards 3000 OMR, custom duty on purchases 2000…
A: Raw material consumed = Opening stock of Raw material + Freight Inwards + custom duty on purchases +…
Q: During March 2022 Nape Co. used P300,000.00 of direct materials. At March 31, 2022 Nape's direct…
A: Direct materials seem to be those substances and consumables which are directly associated with…
Q: According to the information given in the table below, which of the following is Raw materials…
A: Raw Material consumed = Opening raw material + Purchases During the year +Freight on Purchase -…
Q: 2)Sheridan Company has $21000 of ending finished goods inventory as of December 31, 2013. If…
A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…
Q: On May 31, 2019, a fire completely destroyed the work-in-process inventory of Adler Paints. Physical…
A: Raw materials: It is the basic input required to manufacture the finished products. The raw…
Q: According to the information given in the table below, which of the following is Raw materials…
A: Raw materials consumed = Opening stock raw material + Purchases - purchase return - clsong stock raw…
Q: According to the information given in the table below, which of the following is Cost of Goods Sold?…
A: The details are provided by a manufacturing company. Required Cost of goods sold?
Q: Assume General Electric Company reports the following footnote in its 10-K report. December 31…
A: Calculate the difference in pre-tax income.Note: Inventory balance of company GE under FIFO for 2016…
Q: According to the information given in the table below, which of the following is Cost of Goods Sold?…
A: The financial position of the company can be arrived from the income statement prepared by the…
Q: Referring to the situation in P9.2 for Garcia Home Improvement Company, consider the following…
A: Lower-of-cost-or-net realizable value: The lower-of-cost-or-net realizable value (LCNRV) is a…
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- 14 - According to the moving price method, which of the following is the approximate amount of Asset Stock at the End of the Period? a) 36,549 TL B) 43,480 TL NS) 56,451 TL D) 93,000 TL TO) 33,480 TLFind out the 1- standard deviation 2- variance weight Investment*expected return stock weight Investment Investment Amount expected return stock stocks 0.261 1.45 75000 0.18 Alba Co. 0.0504 0.56 75000 0.09 Batelco Co. 0.0371 0.1 75000 0.371 Delmon poultry. 0.3485 225000 TotalCompute the Asset Quality Index and select the best Answer: 12/31/2020 12/31/2021 Cash $5,000 Cash $7,000 AR $20,000 AR $45,000 Current Assets $60,000 Current Assets $60,000 Net Fixed Assets $100,000 Net Fixed Assets $120,000 Total Assets $200,000 Total Assets $360,000 Sales $400,000 Sales $450,000 Cost of Sales $300,000 Cost of Sales $340,000 A. The index is .389 and does not suggest earnings management B. The index is .389 and suggests earnings management C. The index is 2.57 and does not suggest earnings management D. The index is 2.57 and suggests earnings management
- find the missing numbers for the following case: Beginning Stock net Purchases Ending Stock Cost of Goods Sold RO 20500 RO ??? RO 18000 RO 28250 Select one: a. The correct answer not avialable b. 36000 c. 30750 d. 15500Determine the market value of a Digicel Stock if D0 = 3.00, Ks = 13%, G = 6%.2 According to the average price method, which of the following is the amount of Asset Stock at the End of the Period? a) 37,200 TL B) 59,250 TL NS) 43,480 TL D) 33,480 TL TO) 93,000 TL
- Given data,• Lead time demand (dl) = 645 pounds• Standard deviation of demand (Olt) = 54pounds• Risk = 1 % Calculate - Safety stockAccessibility tab summary: Given information for this question is presented in rows 2 through 10. Requirement information is presented in rows 12 through 20. Market Data Return Standard Deviation Beta Market Data 0.120 0.200 1.000 Risk-Free Rate 0.025 0.000 0.000 Company Data A B C Alpha 0.015 0.020 -0.005 Beta 1.200 0.800 1.250 Residual standard deviation, σ(e) 0.105 0.195 0.067 Standard Deviation of Excess Return 0.245 0.235 0.210 Required: Using the data above, please solve for the Sharpe Ratio, Treynor's Measure, and Information Ratio. (Use cells A3 to D10 from the given information to complete this question. Negative answers should be input and displayed as a negative values. All other answers should be input and displayed as positive values.) Risk-Adjusted Performance Measures A B C Market Sharpe Ratio Treynor's…Begin with the partial model in the file Ch02 P21 Build a Model.xlsx on the textbooks Web site. a. Using the financial statements shown here for Lan Chen Technologies, calculate net operating working capital, total net operating capital, net operating profit after taxes, free cash flow, and return on invested capital for 2020. The federal-plus-state tax rate is 25%. b. Assume there were 15 million shares outstanding at the end of 2019, the year-end closing stock price was 65 per share, and the after-tax cost of capital was 10%. Calculate EVA and MVA for 2020. Lan Chen Technologies: Income Statements for Year Ending December 31 (Millions of Dollars) Lan Chen Technologies: December 31 Balance Sheets (Thousands of Dollars)
- Adams Inc. has the following data: rRF = 4.00%; RPM = 7.00%; and b = 1.20. What is the firm's cost of common from retained earnings based on the CAPM? Group of answer choices 11.53% 12.40% 12.03% 11.78% 12.65%State ofEconomy Probabilityof State Return on AssetDin State Return on AssetEin State Return on AssetFin State Boom 0.35 0.060 0.310 0.25 Normal 0.50 0.060 0.180 0.20 Recession 0.15 0.060 -0.210 0.10 1.As an investor, compare Stock E with Stock F, and identify which stock willyou select and why.Compute the Day’s Sales in Receivable Index and select the best Answer: 12/31/2020 12/31/2021Cash $5,000 Cash $7,000AR $20,000 AR $45,000Current Assets $60,000 Current Assets $55,000Net Fixed Assets $100,000 Net Fixed Assets $120,000Total Assets $200,000 Total Assets $360,000Sales $400,000 Sales $450,000Cost of Sales $300,000 Cost of Sales $340,000A. The index is 2.0 and suggests earnings management B. The index is 2.0 and does not suggest earnings managementC. The index is .50 and suggests earnings management D. The index is .50 and does not suggest earnings management