The following data of the industrial enterprise D S.A. for the accounting year 20X9 are given. Raw material stock 1/1/20X9 45.000€ Raw material stock 31/12/20X9 41.000€ Stock of semi-finished products 1/1/20X9 36.000€ Stock of semi-finished products 31/12/20X9 31.000€ Stock of ready-made products 1/1/20X9 23.000€ Stock of ready-made products 31/12/20X9 31.000€ Purchases of raw materials 115.000€ Direct labour costs 29.000€ Indirect labour costs 23.000€ Factory insurance premiums 12.500€ Miscellaneous factory outlets 6.500€ Machine depreciation 8.500€ Depreciation of production department equipment 3.500€ Maintenance of machinery 4.000€ Sales expenses 15.000€ Administrative expenses 29.000€ Distribution costs 8.000€ Revenue from product sales 543.000€ Requested: The report of the cost of produced The profit and loss statement for the financial year

Q: Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and...

A: If 8,000 units are produced, Variable Manufacturing overhead = 8,000*1.60 = 12,800 Fixed Manufacturi...

Q: Date Account / Remarks Dr. Cr. 1 6/2/19 Cash 20,000 Sales 20,000 # to record cash sales 2 6/3/19 Acc...

A: Cash flow statement is a financial statement that accounts for all the cash inflows and cash outflow...

Q: usiness interest. Rosa mmater

A:                     Working notes :-                         In partnership :-                      ...

Q: SG Ltd. has historically paid a dividend of $2.50 to its shareholders semi-annually. The company has...

A: Dividend price approach with constant growth: According to Gordon Growth Model, the rate of dividend...

Q: tée reports the following items: cash in bank $17,500; payroll bank account $6,000; cas s consisting...

A: Cash and Cash Equivalents include cash in hand ,cash at bank and all the investments that are short ...

Q: On January 1, Martinez Inc. issued P 4,000,000, 11% bonds for P 4,260,000. The market rate of intere...

A: Working:    

Q: 17. Complete the following balance sheet. Cash $30,000 Accounts Receivable $2,000 Inventory $5,000 F...

A: Assets = Total liabilities + Stockholders equity Current assets = Cash + Accounts receivables + Inve...

Q: The total amount of raw materials put into production during the current period was:

A: Raw material is the main or the primary material used for the production of any goods. Raw materials...

Q: A company had the following transactions during September, the first month of its operations: Issued...

A: The income statement is prepared to record the revenues and expenses of the current period. It tells...

Q: Accrued interest income was overlooked in year 2021, what is its effect in Net income of 2023? O No ...

A: The accrued interest revenue is the revenue earned but not received yet. It is recorded as an asset ...

Q: Question Content Area The Jack Company began its operations on January 1, 2016, and used the LIFO me...

A: The retained earnings comprises of the accumulated profits of the business for different years. 

Q: Exercise 11 -: Al- Mennahel Company produces and sells air-conditions. The following data is pertain...

A: Cost of quality refers to the amount spent by a company for the purpose of utilization of the resour...

Q: Fore Farms reported a pretax operating loss of $300 million for financial reporting purposes in 2021...

A: Journal entry is the first step in process of accounting which is recording the financial data in ch...

Q: using legend + (if increased), - (if decreased), or X (if no effect). 1. Acquisition of land on acco...

A: The four main accounts that affect the owner's equity are revenues, gains, losses and expenses. When...

Q: Surreal Company accounted for non-current assets using the revaluation model. On October 1, 2021, th...

A: When the selling price is the asset is more than its Carrying amount or fair value , then it leads t...

Q: I need help filling out the remainder of this problem.       Financial Statements from the End-o...

A: Financial statement means the statement including income statement , balance sheet , cash flow state...

Q: Listed below are six transactions for TUV Company during its first month of operations: 1. Owner inv...

A: Accounting Equation of the business says that total assets in the business must be equal to total li...

Q: Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and...

A: Manufacturing cost means the cost incurred to produce the finished goods in factory. Fixed manufactu...

Q: Mando, manager of XXX Domestic Corporation, received a stock option from the corporation entitling h...

A: Compensation alludes to the monetary rewards provided to workers in exchange for their services. It ...

Q: Calculate the trade discount and net price (in $) to the nearest cent. List Price Trade Discount Rat...

A: Lets understand the basics. Trade discount is a discount which is provided to the customer for purch...

Q: urs .lectures are d each lecture pry 15 minutes

A: Production function means the managing the activities or inputs in order to achieve the desired or p...

Q: The DARARI Corporation's Account Receivable Control Accounts had balance of P2,865,000, which the ac...

A: Solution Non current asset are company's long term investment for which the full value will not be r...

Q: martinez company relevant range of production is 7500 units to 12500 units. When it produces and sel...

A: Solution..     Average Fixed manufacturing cost  at 10,000 units  Fixed manufacturing overhead costs...

Q: Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and...

A: Fixed manufacturing cost will not change even though their is a change in production.  Fixed manufac...

Q: The following information pertains to the physical inventory of Electronics Unlimited taken at Decem...

A: Please see Step 2 for the table as required.

Q: I. Pielago is in need of funds for the next 3 months. She badly needed P30,000,000 in cash because o...

A: Money Market Fund Money market fund is also called short term financial fund which can be generate t...

Q: Current Attempt in Progress The following information relates to Blossom Limited's Cash account. The...

A: NSF Checks and fees = NSF check + NSF fees Cash balance = Opening cash balance + Cash receipts - Cas...

Q: The following items appear on the balance sheet of Crunched Auto Body Repair Shop, which has a 12-mo...

A: Lets understand the basics. Current liability is a short term obligation which is payable within one...

Q: sh dividends: December​2017 ​​$80,000 December​2018 ​​195,000 December​2019 ​​300,000 Required: 1. S...

A: (1) Allocation of dividends to each class of stock, assuming that the preferred stock is 9% and not ...

Q: The AAA account for an S corporation can never be a negative number.     True   False

A: AAA Account : It is the accumulated adjustment account which is used by S corporation and which cont...

Q: Artisan Home designs and manufactures furniture and other home décor items, such as bedding and dish...

A: We know the best way to increase the customer base is providing a variety of goods and services, by ...

Q: Department A had 4,300 units in Work in Process that were 78% completed at the beginning of the peri...

A: Cost of units in progress at the end is the equivalent units cost. It is calculated by multiplying c...

Q: Reporting Net Cash Flow from Operating Activities The following information is available for Cornel...

A: Net Cash Flow from Operating Activities: When a company's cash flow statement is prepared, the part ...

Q: Russia Company, your client, failed to record prepaid insurance expense of P 120,000 as of December ...

A: Accounting errors are mainly inadvertent errors that occur at the time of recording journal entries....

Q: Fostoria Corporation began the current period with $21,975 of raw materials, purchased $97,950 of ra...

A: Raw materials are those materials which are used by the business for the purpose of production or ma...

Q: High company, your client, failed to record accrued salaries expense of 50,000 as of December 31, 20...

A: Since you have posted question with multiple sub-parts , we will do the first three sub-parts for yo...

Q: $5,500 2,050 Sales Fixed Expenses Variable Expenaes 1,800 What would expected operating proft be if ...

A: Formula: Operating profit = Sales revenue - Variable cost - fixed cost

Q: Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and...

A: Variable costs are costs that change with each level of output while fixed costs do not change with ...

Q: Q4. What is the meaning of: b.  n/eom:

A: It is regular affair between the seller and buyer to provide credit terms in the settlement of the a...

Q: Requirements: • Posting • Trial Balance • Worksheet

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: Exercise 11-14 Liquidation of a partnership LO5 David Wallace, Olena Dunn, and Danny Lin were partne...

A: Liquidation of Partnership - Liquidation of partnership is the process of selling all the assets ava...

Q: What is the value of each preference share using the zero-growth model? 2. What is the importance of...

A: Value of Preference Share: - It is also called the fair value of Preference Share. It is computer to...

Q: The number of units of one good that trade for one unit of alternative goods can be determined most ...

A: Product or Goods: In everyday speech, the terms "product" and "good" are interchangeable. When compa...

Q: Question 31 (? During 2021, NorthHill Services has revenues of $58.000, expenses other than income t...

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

Q: Talent, a local HR consulting firm, has total partners’ equity of $798,000, which is made up of Hall...

A: Hall capital+ Reynolds capital+ Morris capital = total capital let the total capital be X $619000+$1...

Q: 023? Select] V [ Select ] Debit Sales, P 120,000; Credit Retained Earnings, P 120,000

A:     France Compay  Financial Statement for year ended on 31.12.2022 Sales of P 120000 is been...

Q: Required information [The following information app Armstrong Corporation manuf become obsolete due ...

A: The question is based on the concept of Financial Accounting.

Q: Benson Corporation is a manufacturing company that makes small electric motors it sells for $40 per ...

A: Breakeven sales revenue is that level of sales revenue at which business is only recovering it's fix...

Q: estion 5 Save Answe Nada Catering received $4,000 cash in advance from a customer for catering servi...

A: The journal entries keep the record for day to day transactions of the business.