Wait time Process time Inspection time Move time Queue time Hours 19.5 2.3 1.3 3.2 10.3

Q: Statement of Realization and Liquidation has been prepared for Promise Fulfilled Company. The totals…

A: In order to find ending cash balance we should add all cash receipt and funds available with company…

Q: Charles and Clement are partners with capital balances of P 24,500 and P 15.500, respectively. The…

A: The profit and loss on realisation is distributeed to parners in PSR ( profit sharing ratio) and…

Q: If E=P28,091.16 and N = P11,213.00, what is the value of D? Note: E= Total Earnings D- Deduction N =…

A: Formula: Net pay = Total Earnings - Deductions

Q: Mary Joy will start her business on November, 2022. Her business name will be M.J Fertilizer. She…

A: Projected cost Particulars Amount Amount Direct expense     Raw Material 6038   Packaging…

Q: PB13. LO 4.3 Prepare adjusting journal entries, as needed, considering the account balances…

A: Adjusting Journal Entries The purpose of preparing the adjusting journal entries which gives more…

Q: The net gain (loss) for the three-month period ending March 31 is * SG Company has been undergoing…

A: Statement of Realization and Liquidation: In case of bankruptcy, the court wants this statement so…

Q: H1 and H2 are partners who have capital balances of P95,000 and P65,000 and who share profits 60%…

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

Q: Break-Even Sales Under Present and Proposed Portmann Company, operating at full capacity, sold…

A: 6. Determine the maximum operating income possible with the expanded plant:…

Q: On December 31, 2022, ABC Partnership’s Statement of Financial Positions shows that A, B and C have…

A: A partnership is a form of business where two or more partners carry a business and share the profit…

Q: The following data are pertinent for companies A and B.                        A…

A: When one company acquires the other company in return the former company issues the shares to the…

Q: I REPEAT. TYPEWRITTEN ONLY ANSWERS DO NOT ANSWER IF YOU ALREADY ANSWERED THIS. DO THIS TYPEWRITTEN…

A: Note: Hi! Thank you for the question, As per the honor code, we are allowed to answer three…

Q: Selected accounts with a credit amount omitted are as follows Work in Process Apr. 1 Balance 7,100…

A: Work in process is the incomplete or semi-furnished goods. It required more material, labor, or…

Q: What is an example of project plan proposal?

A: It is an attempt to implement desired change to an environment in a controlled way. By using…

Q: porated makes two types of industrial component parts - the B300 and the T500. The Income Statement…

A: The predetermined overhead rate refers to the rate which is used to apply t the manufacturing…

Q: 1 Aug Started business with $150, 000 in the bank 3 Aug Bought supplies on credit from Right…

A: Journal Entry The purpose of preparing the journal entry to enter the required transaction into…

Q: Hart Company made 3,180 shelves using 22,180 pounds of wood costing $288,340. The company's direct…

A: Variances are the calculation of the difference between the actual performance and standard…

Q: Using Use the data given in Exercise 12-9, except assume that on November 1, Sitco Products entered…

A: Speculation Forward Contract:  The contract which pursue the counterparties to buy or sell an assets…

Q: Using Moving Average method compute for the June 20 cost per unit Date Transaction 01-Jun Inventory…

A: Under the moving average method of costing inventory, the cost per unit changes with every purchase.…

Q: 4. If P3,200 is invested for 1 year at 9% compounded monthly, what is the compound interest on the…

A: In this question, we are required to compute the compound interest.   Compound interest: Compound…

Q: Compute the net profit if, Service Revenue OMR 110,000; Other income OMR12,000; salary Expenses OMR…

A: Introduction: Income statement: All revenues and expenses are to be shown in income statement. It…

Q: Lalua Co is a US firm has planning to export its products to Singapore since its decision to…

A: Cash Flow Statements: The amount of cash and cash equivalents entering and leaving a company is…

Q: Tony Sanchez plans to retire and to withdraw 10 annual withdrawals that will start at P60,000 at the…

A: The initial deposit will be the sum of the present value of all the withdrawals in the future.

Q: On January 1, 2021, EFG Company acquired a building for P1,200,000.  Professional fees for legal…

A: For the Acqusition cost of investment property according to IFRS standards  which indicating that…

Q: West Texas Exploration Co. was established on October 15 to provide oil-drilling services. West…

A: Journal Entry: A journal entry is a type of accounting entry that is used to record a business…

Q: Partners Bruce, Charlie, and Demi share profits and losses in the ratio of 5:3:2, respectively. At…

A: Partnership means the agreement between the two or more person to do the business together and share…

Q: The following balance sheet accounts were taken from the partnership of J&J Co. on March 31, 2020…

A: The partnership is a contract between two or more persons that come together to earn profit. All the…

Q: a. Record the following transactions in the General Journal, b. Create the necessary T- accounts to…

A: Date Account Details Debit Credit 1-Mar Cash A/c Dr 25000     Land Scaping Equipment A/c Dr…

Q: From the following information, furnished by Ms. Anucampa pertaining to the financial year ended as…

A: In the context of the given question, we are required to compute the total income of Ms. Anucampa…

Q: Martinez Co. borrowed $69,589 on March 1 of the current year by signing a 60-day, 6%,…

A: A journal entry is a type of accounting entry that is used to record commercial transactions in a…

Q: Research & Development. Edwards Corporation purchases a building for $2,000,000 which is to be used…

A: Research and development – R&D – is the process by which a company works to obtain…

Q: Partners Nina, Ricci, and Guess, who share profit and losses in the ratio of 2:2:1, respectively,…

A: Liquidation means where the business is shut down , assets are sold out and liabilities are paid…

Q: Sergei Company purchases land for $4,000,000 from which it expects to extract 2,000,000 tons of…

A: Introduction: Depletion: Decreasing value of assets called as Depletion. Depletion is calculated on…

Q: An old machine costing P 50,000 will be traded in for a new machine costing P 120,000 inclusive of…

A: Decision-making is the process of choosing a correct and effective course of action from two or more…

Q: Sunday, May 29, 2022 BUSINESS ACCOUNTING Journalize the following transaction: Mining corporation is…

A: By issuing common stock, preferred shares, or long-term debt, the organization can fundraise for the…

Q: The Chart of Accounts for 5C's Computer Center appears below: 5C's Computer Center Chart of Accounts…

A: Journal Entry The basic process of accounting work is first to make the required journal entry for…

Q: on Item No. 24 13 e following information: A, B, C are partners. On December 31, 200C, their capital…

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

Q: The capital account of the partnership of Lily and Marie at October 31, 2021 are as follows: Lily,…

A: The revaluation of assets and liabilities is performed and gain and loss is distributed among old…

Q: How much is the value of the note that Mi will get from the partnership?

A: Capital balances on December 31, 2008- P200,000 Add:Revaluation Profit on Furniture  Fixtures-…

Q: Given data:             Sales  $2,000.000             OpCap  $1,120,000             Wacc 9%…

A: We can calculate the value to operation for year 0 by taking the cash flows and discounting them…

Q: Question 6, P1-1 (book/static) Part 1 of 3 Liability comparisons John Bailey invested $50,000 in The…

A: The corporation, partnership firm, and sole proprietorship are the different forms of business. Ina…

Q: Mandy Company has the following information from last month:   Standard direct labor hours for…

A: Actual working hours and standard working hours may not be same and there exist many differences due…

Q: On January 1, 2015, when the prevailing effective rate on similar instruments was at 7%, INC Company…

A: Bond Valuation Bond Valuation which can be made either par value or in discount or in premium as…

Q: Mixing Company manufactured 2,200 units of its only product during 2022. The inputs for this…

A: Partial operation productivity is a measure where the output of the production unit is to a single…

Q: A manufacturing company applies factory overhead based on direct labor hours. At the beginning of…

A: Predetermined overhead rate = Estimated factory overheads / estimated direct labour hours

Q: Manufacturing overhead Cost of goods sold 608,000 P1,600,000 The company has created an activity…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: ose, Bonl and Tony are partners with a profit and loss ratio of 5:41 The partnership is to be…

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

Q: a. Complete an amortization schedule for a $19,000 loan to be repaid in equal installments at the…

A: The amortization schedule represents how the principal balance on the loan will be repaid over the…

Q: On January 1, 2021, Eno Company purchased 80% of Zosi Co's P10 par common stock for P2,437,500. On…

A: Non-controlling interest is recognized at fair value, or the value is proportionate to the fair…

Q: Apple Inc Please use Apple Inc’s complete annual report, including the notes to its financial…

A: In accounting each and every transaction has double effects and that is why accounting is known as a…

Q: Rough Stuff makes 2 products: khaki shorts and khaki pants for men. Each product passes through the…

A: 4800 Hours are available  Minimum demand is 3000 units for Shorts and Pants  We need to find out…