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Q: Question 37 BFAR Corp. received a charter authorizing 120,000 ordinary shares at P15 par value per…

A: Security premium account is the amount which is issue more than par value of share.  Here in the…

Q: 13. Return on stockholders' equity 14. Return on common stockholders' equity 15. Earnings per share…

A: Introduction: - Ratio analysis used to analysis business performance. It gives idea of company…

Q: Samantha's normal wage is R300 per hour and her normal working day is 8 hours. The standard…

A: Total wages = Normal wages  + Bonus  As per Halsey plan, Bonus = Time saved  * Wage rate per hour *…

Q: Dec 1 Mahmood invested $25,000 cash in his business. 5 Paid office rent for the month $2,300.

A: Introduction: Journals: All the business transactions are to be recorded in Journals. Journals are…

Q: Study the information provided below and calculate the hourly recovery tariff per hour (expressed in…

A: The hourly recovery tariff per hour (expressed in rands and cents) of Martha. = Total Salary During…

Q: GMA Corp. has the following information in its shareholders’ equity: Preference Share Capital, ₱100…

A: Legal capital is the amount of capital that can't be allowed to be distributed in any way. In other…

Q: Use the information provided below to prepare the Cash Budget for January and February 2023:…

A: Cash Budget can be prepared only for the cash income and expenses. Hence items which are non cash in…

Q: sournal entry 1 March Olga started the business with $30,000 in cash 2 March Bought goods for cash…

A: Journal entries are the basic method for recording financial transactions in the books of accounts.…

Q: You are required to prepare a trial balance for Alina, a sole proprietorship as at 31st December…

A: Trial Balance :— It is the list of Debit and Credit  balances of All Ledger Accounts.    Capital,…

Q: INFORMATION The following information was provided by Intel Enterprises: 1. The bank balance on 31…

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Q: REQUIRED Prepare T-accounts for Raw Materials, Work in process, Finished Goods, Manufacturing…

A: Ryu and Friends Manufacturing company, a manufacturer of custom-made drones, uses a job order cost…

Q: Date Quantity Price Amount Quantity Price Amount Date 01 The following transactions of Franco…

A: Solution...     As per the FIFO method of inventory valuation goods received first also sold first .…

Q: Please answer asap! UPVOTE will be given! No long explanation needed. ERGO Corp. maintains the…

A: Given that 10% Preference Share Capital (20,000 shares issued and outstanding): ₱4,000,000  Hence…

Q: 30 June 2022: 1. Total production and sales Selling price per table Variable manufacturing costs per…

A: Marginal income : It is the profit in marginal costing. Marginal income refers to the excess of…

Q: CakeCo, Inc. has three operating departments. Information about these departments is listed below.…

A: Introduction: Maintenance costs are one-time or ongoing expenses incurred by a firm to maintain its…

Q: X Corp conducted a study about the mfg of its product and provides the following data: Time from…

A: Lets understand the basics. Delivery cycle efficiency compare delivery cycle time against the…

Q: ABC Factory              Balance Sheet        Year 1 % Year 2 % Assets         Cash 43,500 8.84…

A: Cash flow is a statement that is prepared to analyze the inflow and outflow of cash in a particular…

Q: Sage Inc. bought 40% of Adams Corporation’s outstanding common stock on January 2, 20X1, for…

A: Acquisition by a company is the taking over of another company’s share so that investment can be…

Q: Pulsar Plc is considering of exporting its products to the Swedish market. It expects to earn an…

A: Formula =  Economic profit / ( loss) =         Revenue  Less : opportunity cost Less : explicit cost

Q: If JoBlo Inc., has a retained earnings opening balance of $50,000 at the beginning of the year, and…

A: Introduction: Retained Earnings: Retained earnings are shareholder funds. Profit retained with the…

Q: Explain four (4) emerging issues in the auditing profession and the work of an auditor in general.

A: Answer:-  Auditing meaning:- Auditing can be defined as the systematic examination of the books of…

Q: Use the information provided below to prepare the following for January and February 2023:…

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Q: Entries for equity investments: less than 20% ownership On February 22, Triangle Corporation…

A: Equity investing is the purchase of shares directly from businesses or other investors with the goal…

Q: 3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as base…

A: Trend percent is a technique of financial statement analysis. Under this, we find out the changes in…

Q: Dominick Portet Wines Inc. began operations to import fine wines from Australia to the United…

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

Q: (a) The following information is extracted from the cost accounting records for Johnson & Johnson…

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

Q: The basic annual salary of Martha is R576 000. She is entitled to an annual bonus of 90% of her…

A: The effective hourly rate is the hourly wage rate of the employee. The effective hourly rate…

Q: ces to a wide range of clients. Common services range from testing food for illegal additives to…

A: Auditing refers to the process of checking all the documents of a company physically by an auditor…

Q: At December 21, 2020, BFAR Corp. had 20,000 treasury shares that had been reacquired in 2020 at PHP…

A: The treasury stock shares are the shares that are repurchased by the company from the shareholders…

Q: 1.1 Calculate the annual economic order quantity from the information provided below.

A: Given in the question: Each Month Expectation of units to be sold 800 Selling Price of…

Q: Beginning Inventory  3 units @ $4  $12 Purchases  10 units @ $7  $70 Sales 8 units   What is CGS…

A: FIFO stands for First in First Out method. It is an inventory valuation method where the Inventory…

Q: im and Joan Miller are borrowing $120,000 at 6.5% per annum compounded monthly for 30 years to…

A: Comment- Multiple Questions Asked Compound Interest - The interest on interest is known as compound…

Q: ohnson Manufacturing company, a manufacturer of custom-made drones, uses a job order cost system to…

A: Many Thanks for the Question Bartleby's Guideline “Since you have posted a question with multiple…

Q: Ramos Co. provides the following sales forecast and production budget for the next four months. July…

A: Budgeting - Budget is the estimation made by the organization according to the past performance.…

Q: Deferred Tax Calculations (Appendix) Wyhowski Inc. reported income from operations, before taxes,…

A: Their is no deferred income  tax during the year

Q: Equity Investments: Less than 20% ownership On September 12, 3,600 shares of Denver Company’s…

A: Journal entries means the entry in prime book with chronological sequence. Share has been valued at…

Q: A cost variance of zero indicates that the manufacturing management was *

A: As part of our protocol we provide solution to one question only but you have asked multiple various…

Q: a. The firm was organized and the initial stockholders invested cash of $780. b. The company…

A: Journal entries will list the transaction of the business its course of operations where journal…

Q: List Price Trade Discount Rate Trade Discount $282.00 25% Net Price

A: Trade discount - It is the discount on list price given by seller to purchaser on the bulk purchase…

Q: ERGO Corp. was authorized to issue 200,000 ordinary shares with ₱50 par value. The company had the…

A: The capital of owners comprises of issued shares to the shareholders.  The dividend is paid to the…

Q: Calculate dividends, if any, declared during the year from the given information: Wallace Corp…

A: Computation of ending liabilities=Beginning liabilities - Liability decrease

Q: Calculate the new total Marginal Income and Net Profit/Loss, if an increase in advertising expense…

A: New Total Marginal Income: Income at new 2800 units level (WN-1) - Income at 2400 units(WN-2)…

Q: This is the budget for the year ended 30 April 2021 for company XTZ Total production & sales =…

A: The break even sales are the sales where business earns no profit no loss during the period.  Break…

Q: Hayes Incorporated provided the following information for the current year: Beginning inventory…

A: Variable Costing: Product Cost under Variable costing includes direct material cost, direct…

Q: Cullumber Limited competes in the fast food industry with Bramble Limited. Cullumber underwent a…

A: The ratio analysis helps to analyze the financial statements with different elements of financial…

Q: G. Henry is employed by Royal Manufacturers and is paid R250 per hour. His normal working day is 9…

A: Hourly rate normal= R 250 Hourly rate for additional output= ( R 250 x 1.5 ) = R 375 Normal…

Q: 1.5 From the information provided below complete the table using the FIFO method of inventory…

A: Inventory valuation is the technique of recording the value of inventory at the time of receiving…

Q: Cash flow statement (Indirect Method) Year 1 Amount Amount Particular Cash Flow from Operating…

A: Cash flow statement: Cash flow statement is one of the accounting statement that helps the entity to…

Q: ne the usefulness and limitation of using Activity-based Management in an airline industry - example…

A: Activity-based management refers to the concept of determining the profitability of a company by…

Q: Use the information provided below to calculate the following manufacturing variances for March…

A: Variance analysis is one of the important technique of management accounting. Under this analysis,…