If the bonus is based on the profit after taxes but before bonus, how much is the bonus of L?

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A: The question is related to the Consolidation. The details are as under:-  Mark Company Parents Holdi...

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Q: Problem 05-20 Excel Exercise Parts 1 and 2 According to The Wall Street Journal, Mitsubishi Motors r...

A: Calculation of above requirement are as follows

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A: Prime costs are one of the important type of costs used in cost accounting analysis. Prime costs inc...

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A: A cash budget is the estimation of all the future receipts and payments of cash and the balance call...

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A: Lets understand the basics. Net operating income is a contribution margin less fixed cost of the com...

Q: Utility Expense.

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A: Budgets are the forecasts or estimates that are made for future period of time. Process of making an...

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A: Order size= 966 units daily demand= 46 units First batch will be ordered after = 966/46= 21 days  

Q: Sarasota Corp. reported net sales $ 600,000, cost of goods sold $ 336,000, operating expenses $ 160,...

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Q: 1. Use the accounting equation to compute the missing financial statement amounts. Company Assets Ll...

A: An accounting equation refers to a mathematical representation of the transaction. It indicates that...

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A: Prime cost consists of direct material cost, direct labor cost & directly chargeable expenses. I...

Q: In August 2021, a company's worker was injured in the factory in an accident partially the result of...

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

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A: a. Only S1 is true

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A:

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A: Provision is recognized at the reasonable estimate of the probable loss.

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A: Journal entry shows the recording of transactions and every transaction have a dual impact that is.,...

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A: Each state charges GST on goods to increase the collection from indirect taxes.

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A: Last in first out is also written as LIFO. It is the method used for valuation of material and endin...

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A: Expanded withholding tax is the amount of withhold tax which has been earned during period or during...

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A: Accounting equation: It is a financial equation or a metric that shows the total of company's assets...

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A: The equivalent units are the units which are completed or the portion of units completed during the ...

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A: LIFO = Last in first out Under LIFO method of inventory management : The units purchased / bought in...

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A: The question requires to calculate conversion costs during the month of February . Conversion costs ...

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A: The costs are classified as product costs and period costs. The product costs are directly or indire...

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A: Solution a: Computation of Required balance and recognition of Deferred tax liability and Deferre...

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A: Lets understand the basics. Gross profit rate is a rate generated from the sales of the company . It...

Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.