Please help me solve the following problems. Please be as clear as possible and no typos please :)1) Revenue $18,000Dividends $6,000Expenses $10,0001/1 Retained Earnings $4,00012/31 Retained Earnings-unknown2) Revenue $63,000Dividends $21,000Expenses $38,0001/1 Retained Earnings -unknown12/31 $16,0003) Revenue $46,000Dividends-unknownExpenses $30,0001/1 Retained Earnings $13,00012/31 Retained Earnings $22,0004) Revenue $97,000Dividends $0Expenses-unknown1/1 Retained Earnings $36,00012/31 Retained Earnings $57,0005) Revenue-unknownDividends $80,000Expenses $70,0001/1 Retained Earnings $28,00012/31 Retained Earnings $32,000

You have secured the following information for Companies A, B, and C concerning their internally generated net incomes (excluding subsidiary income) and dividends paid:                                                                             A               B            C2015 Internally generated net income . . . . $30,000    $20,000    $10,000Dividends declared and paid . . . . . . . . . . . . .10,000        5,0002016 Internally generated net income . . . . 50,000       30,000        25,000Dividends declared and paid . . . . . . . . . . . . .10,000        5,000           5,0002017 Internally generated net income . . . . 40,000       40,000        30,000Dividends declared and paid . . . . . . . . . . . . .10,000       5,000            5,0001. Assume Company A acquires an 80% interest in Company B on January 1, 2015, and Company B acquires a 60% interest in Company C on January 1, 2016. Prepare the simple equity method adjusting entries made by Companies A and B for subsidiary…

22. Subject :- Accounting

! Required information [The following information applies to the questions displayed below.] Shown here are condensed income statements for two different companies (assume no income taxes). Miller Company Sales Variable expenses (808) Income before interest Interest expense (fixed) Net income Weaver Company Sales Variable expenses (608) Income before interest Interest expense (fixed) Net income Company Miller Company Weaver Company $ 1,000,000 800,000 200,000 60,000 $ 140,000 3. What happens to each company's net income if sales increase by 50%? Note: Round your answers to nearest whole percent. Net Income $ 1,000,000 600,000 400,000 260,000 $ 140,000 % %

For each independent situation below, calculate the missing values. Revenues $1,150 104,820 ✔ $76,500 $26,100 $871,300 Expenses $850 $103,615 $69,500 24,770 X $856,200 + Gains 1,200 $135 $0 $320 $11,000 Losses $80 $1,650 $1,650 $610 0 ✓ = Net Income/ (Loss) 625 X $(445) $6,550 $(1,040) $26,100

Speedy Auto Repairs uses a job-order costing system. The company's direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics' hourly wages. Speedy's overhead costs include various items, such as the shop manager's salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. The company applies all of its overhead costs to jobs based on direct labor-hours. At the beginning of the year, it made the following estimates: Direct labor-hours required to support estimated output Fixed overhead cost Variable overhead cost per direct labor-hour Required: 1. Compute the predetermined overhead rate. 2. During the year, Mr. Wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. The following information was available with respect to his job: Direct materials Direct labor cost Direct labor-hours used $ 626 $ 292 4 12,000 $ 114,000 $ 1.00 Compute Mr.…

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Exercise 10-9 (Static) Find missing amounts for retained earnings (LO10-5) Consider each of the following independent situations: Required: For each situation, calculate the missing amount. a. b. C. d. 69 69 69 $ $ Beginning Retained Earnings Net Income for Dividends for the Year the Year 320,000 $ 120,000 $ 540,000 $ 230,000 290,000 S LA 69 170,000 $ 20,000 $ 50,000 $ 30,000 69 Ending Retained Earnings 700,000 360,000 490,000

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