A Vat taxpayer had the following data on its operations for the month of January: Sales, total invoice price P592,480 Purchases of goods, Vat not included: From Vat registered persons 100,000 From non-vat registered persons 80,000 Purchases of services, Vat not included: From Vat registered persons 20,000 From non-vat registered persons 8,000 From persons subject to percentage taxes 10,000 Salaries of employees 60,000 Other operating expenses 12,000 This is the first month of being liable to the value added tax. Data on inventories at the beginning of the period bought from VAT registered persons follow: Inventory at cost P44,800 Inventory at net realizable value 49,000 Value added tax paid on beginning inventory 4,800 Input Taxes are

A Vat taxpayer had the following data on its operations for the month of January: Sales, total invoice price P592,480 Purchases of goods, Vat not included: From Vat registered persons 100,000 From non-vat registered persons 80,000 Purchases of services, Vat not included: From Vat registered persons 20,000 From non-vat registered persons 8,000 From persons subject to percentage taxes 10,000 Salaries of employees 60,000 Other operating expenses 12,000 This is the first month of being liable to the value added tax. Data on inventories at the beginning of the period bought from VAT registered persons follow: Inventory at cost P44,800 Inventory at net realizable value 49,000 Value added tax paid on beginning inventory 4,800 Input Taxes are

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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202112.02 03:04 Underslallu T-ALand understand the fIve lu P 32,200 33,050 200 04 Cost Accounting Chapter 7 Accounting for Materials 20 Problem 4 An invoice for X, Y, and Z is received from Heavyweight Co. Invoice totals are: X- P 125,000; Y -P 75,000%; Z - P100,000, The freight charges on this shipment of 18,000 pounds total P7,500. Weights for the respective materials are 10,000, 6,000, and 7,500 pounds. Required: 1. Cost per pound to be entered on the stock cards for each materials, based on Problem 7 The Bedrock Company is a manufacturer of golf clothing. During the monthNhe company cut and assembled 10,000 golf jackets. One hundred of the jackets dic not meet specifications and were considered "seconds." Seconds are sold for P1,00T00 per jacket, whereas first quality jackets sell for P2,500.00. During the month, Wo in Process was charged for P3,600,000 of materials, P4,000,000 of labor, and fary overhead is applied at 120% of direct labor (including allowance of 20% of dilect.…
Date Date 1/9/18 10/9/18 Dollar Rate Dollar Rate 1,16 Price in Euros Price in Dollars Price in Dollars Difference 1,18 Model 300 VRG 625 RTM 475 GRM 200 GRM 650 MTY 600 RTM 500 MTY 46.900 € $55.342 $54.404 $938 66.700 € $78.706 $77.372 $1.334 96.100 € 122.600 € 164.900 € 214.400 € 247.300 € $113.398 $111.476 $1.922 $144.668 $142.216 $2.452 $194.582 $191.284 $3.298 $252.992 $291.814 $248.704 $286.868 $4.288 $4.946 1) Most of your exports to the US belong to the model 600 RTM. The experience shows that, if the price of this product rises over 215000 dollars, the exported units will be reduced. If this product is priced in euros, and assuming the trend shown in question 1 continues, what would be the consequences for your company's exports?
2 S Required information The Foundational 15 (Algo) [LO7-1, LO7-2, LO7-3, LO7-4, LO7-5] [The following information applies to the questions displayed below.] Diego Company manufactures one product that is sold for $77 per unit in two geographic regions-the East and West regions. The following information pertains to the company's first year of operations in which it produced 59,000 units and sold 54,000 units. Variable costs per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative expense $ 27 $ 10 $2 $3 Foundational 7-10 (Algo) $ 1,298,000 $ 662,000 The company sold 41,000 units in the East region and 13,000 units in the West region. It determined that $330,000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52,000 is a common fixed expense. The…
am. 115.
Atlanta Nashville 51140 51720 53266 44721 51640 37428 46430 51538 53016 45369 51486 42094 50527 46485 53329 46382 50453 48729 50793 39082 54128 49598 47195 44898 50716 46644 48061 48002 50396 51977 51785 51484 51940 49696 52761 47568 44403 44429 47681 44862 53890 40744 48296 50419 53179 48397 51066 47135 54052 43176 49708 44619 49947 48468 50268 52096 46947 49513 52345 41278 The worksheet shows the salaries for 30 new teachers in Atlanta and 30 new teachers in Nashville. In a report, use the sample information to determine whether the average salary in Atlanta is greater than Nashville's average salary. Use a reasonable level of significance for the tests. Discuss any assumptions that you made for the analysis. (Note: You might need to investigate some additional information about Atlanta or Nashville!) the report must have a statistical analysis with at least one visual support (table or graph).
K16 1 2 3 # 5 3 Projected Sales Volume 3 Desired Ending Inventory 9 0 Units Needed 1 Beginning Inventory 2 3 Projected Production 4 5 6 7 L8SOT 9 0 A 1 fx B с Paulson Paint, Inc Production Budget For the Year Ended December 31, 2019 Magnificent Paint 435,000 36,000 33,500 D E Marvelous Paint 338,154 29,000 25,890 F Total G H
Data for January for Bondi Corporation and its two major business segments, North and South, appear below: Sales revenues, North Variable expenses, North Traceable fixed expenses, North Sales revenues, South Variable expenses, South Traceable fixed expenses, South $ 673,000 $ 390,600 $ 80,600 $ 520,300 $ 296,900 $ 67,400 In addition, common fixed expenses totaled $182,700 and were allocated as follows: $94,900 to the North business segment and $87,800 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is:
Assume a merchandising company provides the following information from its master budget for the month of May: Sales $ 121,000 $ 97,000 Cost of goods sold Selling and administrative expenses $ 31,000 Accounts receivable, May 1st $ 17,000 Accounts receivable, May 31st $ 24,500 If all of the company's sales are on account, what is the amount of cash collections from customers included in the cash budget for May?
How do you calculate NPV? WACC is 10.10%
Rate % 10 15 20 25 303.0 $9.65067 $6.90582 $5.54598 $4.74211 $4.216043.5 9.88859 7.14883 5.79960 5.00624 4.490454.0 10.12451 7.39688 6.05980 5.27837 4.774154.5 10.36384 7.64993 6.32649 5.55832 5.066855.0 10.60655 7.90794 6.59956 5.84590 5.368225.5 10.85263 8.17083 6.87887 6.14087 5.677896.0 11.10205 8.43857 7.16431 6.44301 5.995516.5 11.35480 8.71107 7.45573 6.75207 6.320687.0 11.61085 8.98828 7.75299 7.06779 6.653027.5 11.87018 9.27012 8.05593 7.38991 6.992158.0 12.13276 9.55652 8.36440 7.71816 7.337658.5 12.39857 9.84740 8.67823 8.05227 7.689139.0 12.66758 10.14267 8.99726 8.39196 8.046239.5 12.93976 10.44225 9.32131 8.73697 8.4085410.0 13.21507 10.74605 9.65022 9.08701 8.7757210.5 13.49350 11.05399 9.98380 9.44182 9.1473911.0 13.77500 11.36597 10.32188 9.80113 9.52323…
comment on the information generated.