How is surplus value transformed into capital, and how is this related to the process of capital accumulation?

Q: 6. A machine costs $30 000 to purchase and $12 000 per year to operate. The machine has a 10-year…

A: Solution Equivalent annual worth method is used to determine the equivalent annual cost that is…

Q: What is the value of revenue to have operating income of $100,000? Units 3,000 Per Unit Revenue…

A: Contribution margin is the sales revenue which is over and above variable costs in the business.…

Q: Sales Cost of goods sold P800,000 480,000 320,000 Gross Profit Operating expenses 40,000 Selling…

A: Comparative financial statements are prepared to analyze the financial statements of the company. It…

Q: Variable costs of Spring Roll LtD are 2000 €, fixed costs are 1000 € and revenue is 7000 €.…

A: Variable costs are costs which changes with change in activity level. Contribution margin is sales…

Q: PROBLEM NO. 1 Watusi Inc. began operations in January 2021 and reported the following results for…

A: Share: -The capital of the company is divided into small units. these small units are known as…

Q: What is the effective annual rate for RST Bank if they offer 2.5% per annum compounded semi-annually…

A: the effective annual rate is the rate of interest that an investor can ear in a year after taking…

Q: A partnership agreement may NOT include O the method of allocating profits and losses the purpose of…

A: A partnership is an agreement between two or more partners where partners are agreed to work…

Q: Bombay Company's book and market value balance sheets are as follows: (NWC = net working capital;…

A: The reduction in the company's debt is calculated by multiplying the equity issued by the marginal…

Q: A healthy company will generate positive cash flows from operations, some of which will be used to…

A: Solution Concept Cash flow refers to the actual cash receipt and payment made by the business It…

Q: A company is considering the following alternatives:   Alternative 1 Alternative 2 Revenues…

A: The income statement shows the net income or net loss that is calculated by deducting the expenses…

Q: The capital balances of partners Beauty and Purpose before admission of Amazing are 50,000 and…

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

Q: Q.1. The bank statement account no.16 of Mr. Saleem showed an overdraft of Rs. 67,150 on 31st…

A: Bank Reconciliation Statement: A bank reconciliation statement is a summary of banking and business…

Q: financial statements in any business organization

A: Financial Statements of the company include income statements, balance sheets, and cash flow…

Q: How mining industries record the assets, liabilities, provisions and foreign exchange transactions…

A: Accounting is the process of recording a company's financial transactions. Summarizing, analysing,…

Q: Potential partners might not want to form a partnership because of the risk of having their personal…

A: The partnership is a form of business where two or more individuals agree to carry a business and…

Q: Date 2022 March 1 2 3 4 5 6 7 8 9 10 11 12 Transactions The owner, Mrs. Clean, invested the…

A: Closing Entries - Closing entries are required to close the temporary accounts after making…

Q: Carlo invested the following in the partnership being formed with Jamie: Cash of P60,000; ● . Land…

A: In consideration of the above information, Cash is P60,000; P200,000 in land having a P410,000…

Q: Explain why standard costing is more suitable for controlling the cost of unit-level activities

A: Standard costing is a cost accounting method in which predetermined levels of sales, production,…

Q: A company currently sells 400 units at a sales price of $300. Its contribution margin is 40%, and…

A: The calculation of Margin of safety is shown hereunder : Actual sales = $ 120,000 ( 400 units × $…

Q: Q1/A piece of equipment is available for purchase for ($50000), has an estimated useful life of (7…

A: Depreciation expense refers to the fall in the value of the asset due to time usage, wear and tear,…

Q: Carlo and Jamie are partners who agreed that monthly salaries will be allowed to them as follows:…

A: Solution: As per question., Net Profit after tax: P580000 Annual salary of Carlo: Salary per month *…

Q: Moonboots Partnership had a net income of P8,000 for the month ended September 30, 2021. Sunshine…

A: Partnership: It is a  legal form of business operation between two or more individuals in order to…

Q: 3 applica by Apri liabilities

A: Introduction: Revenue categorizes the gross activities of the firm.. Revenue is generated when goods…

Q: The information below was taken from the job cost sheets of Igmund Manufacturing. Manufacturing…

A: Job costing is a method of accounting used in determining the cost for the job performed related to…

Q: Which of the following is added to the Partner's capital account in the Statement of Changes in…

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

Q: (Appendix 48) Direct Method of Support Department Cost Allocation Stevenson Company is divided into…

A: Lets understand the basics. In direct method of cost allocation, allocation is made from service…

Q: True or false: The breakeven point in dollars can be computed by dividing the contribution margin…

A: Solution Concept Breakeven point is the point at which the contribution generated covers the fixed…

Q: As of December 31, 2021, the books of GOV Partnership showed the following balances: G – P400,000; O…

A: For calculation of cash available to partner we need to calculate to Balance sheet before…

Q: A company set the total budgeted direct labor cost at P75,000 for the month for producing 5,000…

A: Direct labor efficiency variance = (Actual hours worked × standard rate) - (Standard hours×standard…

Q: How assets, liabilities, provisions and foreign exchange transactions are recorded in the books of…

A: Accounting is the process of recording a company's financial transactions. Summarizing, analyzing,…

Q: A gift is valued at the date of*   the death of the donor. notarization of the deed of donation.…

A: Donor’s Tax is a tax on a donation or gift, and is imposed on the gratuitous transfer of property…

Q: Potential partners might not want to form a partnership because of the risk of having their personal…

A: solution concept partnership business partnership business is a unregistered business , with…

Q: National Company reports production costs for 2022 as follows: Direct materials used Direct labor…

A: The period costs are the costs that are expensed in the period they are incurred and these costs are…

Q: n insurance company has £350 million in capital availabl ent portfolio of this bank during 12-month…

A: The answer has been mentioned below.

Q: Task 1: Accounts receivable is the amount payable by the custome delivered and services provided.…

A: Bad Debts : Bad is the amount of accounts receivable which is certain that this shall not be…

Q: What is the value of revenue to have operating income of $100,000? Units 3,000 Per Unit Revenue…

A: Formula: Revenue to be earned having operating income = ( Fixed cost + Target Income ) / Unit…

Q: 20X3 20X2 20X1 $178,400 115,e00 $162,500 102,500 Sales $155,500 Cost of goods sold Operating…

A: Common Size Imcome  Statement A common size an income statement whereby each line item is expressed…

Q: required by law to provide the payer's name, address, & tax identification number on a separate…

A: Tax Return form  are the formed which is been formed by the government to prepare the file the…

Q: The Phibbs Company paid total cash dividends of $200,000 on 25,000 outstanding common shares. On the…

A: In this question, we need to calculate dividend yield of the Phibbs Company with the given data. Let…

Q: Zora is budgeting her available time for the next couple days. She spent  2/5   of her time on…

A: Calculation of aggregate ratio of time consumed on Homework and Internet Aggregate ratio of time…

Q: A partnership whose main activity is rendering services (examples include public accounting firms,…

A: Non trading partnership is a partnership whose business activities do not include buying and selling…

Q: Scare-2-B-U (S2BU) specializes in costumes for all occasions. The average price of each of its…

A: a Expected Revenues for S2BU for Each Month     April May June July August September   Number of…

Q: On May 1, 2022, Carlo and Jamie formed a partnership by contributing ₱500,000 each. In addition to…

A: The non cash assets invested by partners are recorded at fair market value.

Q: The cost of inventory reported on the balance sheet may include all the following except: Wages of…

A: Balance sheet is one of the statement of financial position which shows all assets, all liabilities…

Q: he answer choices are listed as follows: A. 12.91%  B. 12.88%  C. 11.38%  D.

A: Bond is that debt instrument which is used by the organization to finance its long term fund needs,…

Q: Sophia and Anna are partners operating a chain of retail stores. The partnership agreement provides…

A: Partnership is one of the agreement or arrangement between two or more than two persons, in which…

Q: Budgeted indirect costs $7,200 Budgeted customer orders 1,200 Budgeted production units 1,800…

A: Budgeted indirect-cost per direct manufacturing labor hour = Budgeted indirect cost/Budgeted Direct…

Q: The financial statement reporting "filter" is Multiple Choice SEC reporting regulations that vary…

A: Financial reporting Financial reporting is mainly done to track, analyze, and report business income…

Q: Company. has been reviewing its total cost over the last few weeks and has established the…

A: The high-low method is used to differentiate the mixed cost. The mixed cost is the combination of…

Q: Carlo and Jamie are partners who agreed that monthly salaries will be allowed to them as follows:…

A: A partnership is a kind of business structure in which two or more people agree to carry out…