Discuss the differences between centralized and decentralized decision making.

Q: Twins graduate from college together and start their careers. Twin 1 invests $2000 at the end of eac...

A: First we need to find future value of twin 1 deposits at 65 years then using PMT function we can fin...

Q: In recent years, Sunland Company has purchased three machines. Because of frequent employee turnover...

A: Depreciation is a reduction in the value of assets due to the usage of that asset. We can evaluate t...

Q: The partnership contract of A,B and C provided for the division of net income and losses in the foll...

A: Assuming  Net income of partnership firm after providing interest is 90000 So add back of interest p...

Q: In 1991, Herman Moore Company completed the construction of a building at a cost of $1,900,000 and f...

A: Determine the Annual depreciation on building  Cost of the building  $1,900,000 Less: Salvage va...

Q: On October 1, Ramos Co. signed a $90,000, 60-day discounted note at the bank. The discount rate was ...

A: Discount on notes payable = Amount of note payable x discount rate = $90000 x 6% = $5400

Q: Innovative Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Suppl...

A: JOURNAL  ENTRIES :  journal entries are how transactions get recorded in your company books on a dai...

Q: Hello question is attached, thanks.

A: In this numerical has covered the concept of Predetermined Overhead and Activity based Costing . 

Q: Ivanna and Sergio's credit for child and dependent care expenses is $

A: Taxable Income: The amount of adjusted gross income that is liable to be taxed is known as taxable i...

Q: Tax Drill - Credit for Child and Dependent Care Ivanna, who has three children under age 13, worked ...

A: Dependent care expenses: Dependents are usually young children, old or disabled family members. The ...

Q: Sales Mix and Break-Even Analysis Olmstead Company has fixed costs of $1,345,320. The unit selling p...

A: Break-even analysis is a technique widely used by the production department. It helps to determine t...

Q: Unit VI Assignment Instructions: This assignment involves answering a series of questions, and each ...

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...

Q: Which TWO of the following are possible effects of rising prices upon financial statements? Understa...

A: We have the following question: Which TWO of the following are possible effects of rising prices upo...

Q: According to a summary of the payroll Scotland Company, salaries for the period were $500.000. Feder...

A: Given: Salaries = $ 500,000 Income tax cost = $ 98,000 Unemployment taxes = $ 15,000 Security tax ra...

Q: Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has ...

A: a. 27,400,000 x 3/4 x 1%  = $205,500

Q: Effect of Transactions on Current Position Analysis Data pertaining to the current position of Lucro...

A: Accounting Ratios: The ratios are computed using the financial statement of a company and they provi...

Q: Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production dep...

A: Journal entries to record the above transactions are shown below :

Q: 1. Idenify three objects that might beling to each of the following classes: a. author b. raceHorse ...

A: As per our policy, we are allowed to solve the first question only. If you want to ask the second qu...

Q: An entity had the following transactions during May 2020 Purchases of merchandise R205 000 and equi...

A: Step 1 Basically it is a concept of netting, when two or more entities are due to or due from each o...

Q: Hello question is attached, thanks.

A: Activity based costing system: It is precise method of allocation of overhead to the products. Under...

Q: Baja Industries has recently switched its method of applying manufacturing overhead from a single pr...

A: Activity-Based Costing: Activity-Based Costing is the method of costing which is used to assign indi...

Q: 1. How do you understand Fraud in your own words? Please provide explanation. 2. How do you understa...

A: As posted multiple independent questions we are answering only first question kindly repost the unan...

Q: The machine cost 20,000 pesos with a useful life of 10 years. If the book value at the end of 6th ye...

A: Depreciation is the reduction in value of tangible fixed assets in a financial period due to wear  a...

Q: Oslo Company prepared the following contribution format income statement based on a sales volume of ...

A: Net operating income: In a contribution format income statement, when the fixed expense is deducted ...

Q: Need help for 1-4c thank you :)

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...

Q: The following information is for Lawrence Company, who uses the LIFO method: ​ ​ NRV Minus ...

A:   S.no               Cost     Market value  (cost or market value ) which is lower  a $3.40   $...

Q: Italian Exports, Inc. For March   Sales are expected to increase each month by 10%. Prepare a budget...

A: Beginning inventory=Sales×10%=$567,923×10%=$56,792.3  

Q: Mike Palmer, a former professional golf star, operates Mike’s Pro Shop at Bay Golf Course. At the be...

A: Perpetual Inventory System: Perpetual inventory system provides a running balance of the cost of goo...

Q: The Ramos Company manufactures two products: Treadmills and Elliptical Trainers. The costs and reven...

A: Maximum Possible Contribution Margin refers to the cost accounting calculation which depicts the tot...

Q: Lopez Company reported the following current-year data for its only product. The company uses a peri...

A: FIFO: FIFO stands for First in First out. It means first received inventory to be sold first.

Q: Kelcie Sports uses the dollar-value LIFO retail method. The price index on January 1, 2019, was 100,...

A: The retail method uses the cost to sales ratio for calculation the value of inventory. The value of ...

Q: If answered within 40mins,it would be appreciable!!

A: Notes receivables are promissory notes which are written instruments to accept the debt due. Notes r...

Q: Short-Term Financial Planning Case Study Analysis             Capstan Autos operated an East Coast d...

A: Capstan Autos operated an East Coast dealership for a major Japanese car manufacturer. Here Capstan ...

Q: A. What is the cost of goods manufactured?a. 2,500,000b. 1,700,000c. 3,100,000d. 2,300,000B. What is...

A: We will answer only first question as it is not specified which question is to be answered .Kindly s...

Q: Pippen Co. purchased ten-year, 10% bonds that pay interest semiannually. The bonds are sold to yield...

A: The life of bond is 10 years and the required yield is 8%  

Q: An entity has prepared its bank reconciliation at 31 March 2014 taking the following information int...

A: We have the following information: Outstanding lodgements: $5,000 Unpresented cheques: $2,800 Bank ...

Q: Candace is claimed as a dependent on her parent's tax return. In 2020, Candace received $5,000 of in...

A: According to US taxation laws, any income earned over $1000 is taxable. 

Q: Statement of Cost of Goods Manufactured and Income Statement for a Manufacturing Company The followi...

A: Income statement: Income statement is the financial statement of the company that use to record the ...

Q: On January 1, 2020, Azure Corporation purchased  Sparrow Corporation for $20 million. Of the $20 mil...

A: Goodwill: It is an intangible asset and represents a business reputation. It is recognized when a bu...

Q: The balances for the accounts listed below appeared in the Adjusted Trial Balance columns of the wor...

A: All expenses and income should goes to Income statement column and all assets and liabilities should...

Q: What is the payback period for an investment of $10000 with net revenues as follows: year 1: $5000, ...

A: Payback period: Payback period is the length of time in which an investment reaches its break-even p...

Q: Hello question is attached, thanks.

A: In this Numerical has Covered the Concept Of Traditional Overhead Method and as Well as Activity Bas...

Q: On March 31, 20x1, Budoy Co. received 10,000 stock rights from its investment in equity securities t...

A: Theoretical value of rights=Market price-Subscription priceNumber of rights+1=P 80-P 604+1=P 4

Q: FIVE (5) mandatory roles and responsibilities and FIVE (5) advisory roles and responsibilities of Au...

A: Audit Committee: An Audit Committee is formed by a minimum of 3 persons who look over the company's ...

Q: Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Flud...

A: Under standard costing, actual cost is compared with standard cost to identify the variance. Actual ...

Q: Janice purchased and placed in service the following fixed assets for her business. Janice wants to ...

A: As per U.S code § 179: Election to expense certain depreciable business assets, a taxpayer may elect...

Q: explain how return on investment might lead a divisional manager to reject new investments

A: Return on investment (ROI):   This financial ratio evaluates how efficiently the assets are used in ...

Q: Baja Industries has recently switched its method of applying manufacturing overhead from a single pr...

A: Total Manufacturing cost = Number of units produced *cost per unit (based on activity based costing ...

Q: Harshit started a grocery shop "Goel Kirana Shop" and purchased furniture of worth Rs. 80,000 on Jul...

A: Depreciation under WDV is calculated on depreciated balance of previous year.