accompanied with e
Q: 2. Prepare a single step SCI. See atached image as reference. Make sure your work is transferrable…
A: Net income means the income left after deducting all expenses and including all income whether…
Q: Gros
A: 9. Mr. Jordon is a resident citizen :- In this case his income in…
Q: Hi - could you please send the CAPM model and explain what it is and when to use it please? Thank…
A: Capital Asset Pricing Model (CAPM):It defines the relationship of an asset’s expected return with…
Q: e compound amo
A: Introduction: The given problem requires to calculate the value after the end of a certain period.…
Q: lease help solve ste
A: Direct material are those material that are consumed during manufacturing process and directly…
Q: W SOLUTIONS PLEASE. THANK YO
A: Given problem relates to time value of money.
Q: an you show the calculation without using exce
A: Value of a bond today is the sum of present values of all future cash flows from that bond. Cash…
Q: SHOW COMPLETE SOLUTIONS AND ANSWERS
A: "Since you have asked multiple sub part question we will solve the first three question for you. If…
Q: How would the T Account look?
A: T account is the account which is made by the company for each account in which all the transactions…
Q: please help me and show casflow diagram if needed. and also please,show complete solution please
A: Given information : Effective interest rate = 14% Time period = 5 years Quarterly payments = P…
Q: Could you explain without using the excel?
A: The face value of the bond is $1,000. The coupon rate is 2%. The period is 6 years. The interest…
Q: Please show all equations and work as needed. Make the correct answer clear. If possible, please…
A: Calculation of WACC of firm after leverage (effective after-tax):Answer:WACC after leverage is…
Q: Match each of the numbered descriptions with the principle, component, or descriptor that it best…
A: Given below are the terms indicated with the meaning:
Q: Please solve the ASAP.
A: Ethical ,professional or quality control issues in audit of Simpson Co. and recommend the steps to…
Q: Please answer questions with solution
A: You have asked multiple questions but due to our protocol we provide solution to the one question or…
Q: EASE SOLVE
A: In this question we have to compute the net income
Q: What is the full equation or data points used for the IRR? The last part is cut off. I have attached…
A: Internal rate of return (IRR) is the discount rate at which NPV of the project is zero. NPV=Initial…
Q: efer to the photo below. Please provide a complete and correct solution.
A: i) Inventory turnover-This ratio shows the number of times a business replaces its stock of goods…
Q: ANSWER REQUIRED. SHOW COMPLETE SOLUTIONS AND ANSWERS
A: Lease Liability The purpose of implementing the lease system into the business which reduce the…
Q: Fs n were part of a N
A: Formula to calculate PV of cash flows is: PV = FV/(1+r)^n Formula to calculate NPV is: NPV = cash…
Q: SOLUTIONS IF NEEDED THANK U
A: Given problems relate to time value of money.
Q: er the required part: the letters a,b,c and d. Please answer it with complete solutions with…
A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…
Q: Complete the table with full solution.
A: Dividend: The dividend represents the portion of profit distributed by the company to the…
Q: Mr
A: 1. Compute the total passive income Interest income form 5/6 100,000 Bank…
Q: Complete the following statement: The QuickBooks Online ____________ is a platform that you and your…
A: Ecosystem represents the platform where the company would provide the solution for clients. The…
Q: aqung engimeers usiners and char
A: Let three engineers are A and B and C. If A invested 4500£ B invested 3000 £ and C invested 1500 £
Q: Please solve parts A, B, AND C!
A: Given information : Tenure for cash flows = 3 years Sustainable growth rate = 5% WACC =13% Free cash…
Q: s) and well as ting th nd the
A: 3. Discount Factor: It is the factor used to ascertain what the benefit of getting $1 sooner or…
Q: Answer the below question: B- the CC for machine B=
A: Time value of money (TVM) is used to measure the value of money at different point of time in the…
Q: at ient has as mance and
A: Introduction : Hours earned of a project will always be decided and calculated on the basis of the…
Q: Please answer E & G from the attached questions . Please label accordingly e.g E) instead of…
A: using CVP, Break even sales = Fixed cost / CM ratio Margin of safety = Current sales - Break even…
Q: a. What is the NPV of the project?
A: The internal rate of return refers to the discount rate that is helpful for the inventors in…
Q: Help me answer the letter d and c with solution thank you
A: Degree of operating leverage = Contribution/EBIT Degree of Financial leverage = EBIT/EBT
Q: The attached image is the problem. Thank you!
A:
Q: Hi! What are the threats and recommendations for this flowchart? Thank you!
A: Production planning includes making of plans of production and manufacturing in order to utilize all…
Q: need the answer only plz ...solve these excel problems
A: Formula for Total Number of Unit sold From 26th Feb to 7th March. =SUM(B2:B12) If Column B contain…
Q: PLEASE DO ALL REQUIREMENTS AND SHOW STEP BY STEP SOLUTION C D
A: While preparing the classified balance sheet, it is needed to know about the significance of some…
Q: Discuss a monetization model that would work for the app.
A: The final step in a thorough examination of a business model is monetization. Profitable income…
Q: solution in excel
A: This method can be solved in excel using the PMT function in excel.
Q: Can you verify step 2 from the answer with error?Thanks
A: Solution b: Contribution margin per unit = Selling price per unit - Variable cost per unit = $15 -…
Q: SHOW COMPLETE SOLUTION PLEASE.
A: NET INCOME: In business and accounting, net income is also known as net earnings, net profit is a…
Q: Help me answer the letter d and e *with solution thank you
A: Degree of Financial leverage = EBIT/EBT Degree of combined Leverage = Operating Leverage x Financial…
Q: PLease how to obtain YTM without excel and mathematical calculator. i really need to know how to…
A: Formula for YTM: YTM =C+(FV - PV)n(FV+PV)2 Where C= Coupon payment FV= Face value of security PV=…
Q: Please answer asap! UPVOTE will be given! No long explanation needed. Excel can be used.
A: Shareholder's Equity is composed of: 1. The paid-in capital, as well as the common and preferred…
Q: (LIFO,
A: Last-in-first-out inventory cost method is a method of inventory valuation used in business to…
Q: e so
A:
Please present solution in an excel accompanied with explanations. Thank you so much!
PROBLEM:
Step by step
Solved in 2 steps
- CS Company started work on three job sites during the current year. Any costs incurred are expected to be recoverable. Data relating to the three jobs are given below: Site Contract Cost Estimated Costs Billings on Collections on Price Incurred to Complete Contract Billings 5,000,000 1 5,000,000 3,750,000 5,000,000 2 7,000,000 1,000,000 4,000,000 1,000,000 900,000 1,500,000 900,000 1,000,000 3 2,500,000 1,000,000 If the company records revenue at a point in time, how much must be shown as current asset in the balance sheet of MOC Construction Company as of December 31? A. 5,100,000 B. 500,000 C. 250,000 D. 100,000CS Company started work on three job sites during the current year. Any costs incurred are expected to be recoverable. Data relating to the three jobs are given below: Billings on Contract Site Contract Cost Estimated Costs to Complete Collections on Price Incurred 3,750,000 1,000,000 Billings 5,000,000 900,000 1,000,000 1 5,000,000 5,000,000 900,000 2 7.000,000 2.500.000 4,000,000 3 1.000,000 1,000,000 1.500,000 1. If the company recoeds revenue over time, how much must be shown as current asset in the balance sheet of MOC Construction Company as of December 31? A. 5,500,000 B. S00,000 C 250,000 D. 100,000 2. If the company records revenue at a point in time, how much must be shown as current asset in the balance sheet of MOC Construction Company as of December 317 A. 5,100,000 8. S00,000 C 250,000 D. 100,000Sarah Duterte Construction Firm started work on three job sites during the current year. The following data was gathered in relation to the three jobs sites construction: Est. Cost to Billings Complete Site Contract Cost Incurred on Collections Price Contract 500,000 400,000 365,000 100,000 100,000 500,000 100,000 A В 700,000 250,000 400,000 100,000 50,000 C Requirements: 1. If the outcome of all the projects can be estimated reliably, what amount of income should be reported for the current year? 2. If the outcome of all the projects can be estimated reliably, what would be the amount of Construction in Progress to be reported in the Statement of Financial Position for the current year?
- Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on direct labor costs. The production details for the year are given below: Total manufacturing overhead costs estimated at the beginning of the year Total direct labor costs estimated at the beginning of the year Total direct labor hours estimated at the beginning of the year Actual manufacturing overhead costs for the year Actual direct labor costs for the year Actual direct labor hours for the year 11,000 di 10,000 di Calculate the manufacturing overhead allocation rate for the year based on the above data (Round your final answer to two decimal places.) A. 28.00% B. 11.43% OC. 43.75% OD. 264.29%Please help me by showing your solution in good accounting form. Thank you! MOC Construction Company started work on three job sites during the current year. Any costs incurred are expected to be recoverable. Data relating to the three jobs are given below: Site Contract Price Cost Incurred Estimated Costs to Complete Billings on Contract Collections on Billings 1 5 000 000 3 750 000 - 5 000 000 5 000 000 2 7 000 000 1 000 000 4 000 000 900 000 900 000 3 2 500 000 1 000 000 1 000 000 1 500 000 1 000 000 If the company records revenue over time, how much must be shown as a current asset in the balance sheet of MOC Construction Company as of December 31?A. 5,500,000 C. 250,000B. 500,000 D. 100,000 If the company records revenue at a point in time, how much must be shown as a current asset in the balance sheet of MOC Construction Company as of December 31?A. 5,100,000 C. 250,000B. 500,000 D. 100,000Abagail Corp. uses activity-based costing system with three activity cost pools. The following information is provided: Costs: Wages and salaries $ 203,000 Depreciation 111,000 Utilities 114,000 Activity Cost Pools Assembly Setting Up Other Wages and salaries 0.57 30% 10% Depreciation 0.36 45% 20% Utilities 0.29 40% 30% How much total cost would be allocated to the Assembly activity cost pool?
- Thornton Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Home 1 Home 2 Home 3 Direct labor $ 66,000 $ 100,000 $ 178,000 Direct materials 109,000 139,000 181,000 Assume Thornton needs to allocate two major overhead costs ($51,600 of employee fringe benefits and $30,030 of indirect materials costs) among the three jobs.RequiredChoose an appropriate cost driver for each of the overhead costs and determine the total cost of each house. (Round "Allocation rate" to 2 decimal places.)Rundle Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials adn labor costs are as follows. Expected Cost Home 1 Home 2 Home 3 Direct Labor $77,000 $100,000 $172,000 Direct Materials 108,000 146,000 198,000 Assume Randle needs to allocate two major overhead costs ($69,800 of employee fringe benefits and $36160 of indirect materials costs) among the three jobs. Choose an appropriate cost driver for each of the overhead costs and determine the total cost of each house. "Round allocated rate to two decimal places.Franklin Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Direct labor Direct materials Fringe Benefits: Home 1 2 3 Total Indirect Materials: Assume Franklin needs to allocate two major overhead costs ($67,200 of employee fringe benefits and $18,080 of Indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs and determine the total cost of each house. Note: Round "Allocation rate" to 2 decimal places. Home 1 2 3 Total Expected Costs Direct labor Direct materials Fringe benefits Indirect materials Total cost Home 1 $ 61,000 107,000 The cost components to determine the total cost of each house: Home 1 Home 2 Allocation Rate x Weight of Base = Allocated Cost X $ 0 0 0 $ Home 2 $ 101,000 148,000 X X Allocation Rate x Weight of Base 0 X $ 0 = = = Home 3 $ 174,000 197,000 = = $ = Allocated Cost $ 0 0 $ $ 0…
- Baird Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Direct labor Home 1 Home 2 Home 3 $ 72,000 106,000 $109,000 141,000 $173,000 Direct materials 188,000 Assume Baird needs to allocate two major overhead costs ($53,100 of employee fringe benefits and $39,150 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs and determine the total cost of each house. (Round "Allocation rate" to 2 decimal places.) Fringe Benefits: Home Allocation Rate x Weight of Base Allocated Cost 1 $ %3D X %3D Total 2$ IIMilan Manufacturing Company has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year: Cost Pool Supervision of direct labor Machine maintenance Facility rent Total overhead costs Cost driver Activity level 920,000 Overhead Costs $794,000 Direct labor-hours $140,000 Machine-hours 1,040,000 $216,000 $1,150,000 Square feet of area 130,000 The accounting records show the Mossman Job consumed the following resources: Cost driver Actual level Direct labor-hours 230 Machine-hours 1,547 Square feet of area 50 OA. $0.86 per direct labor-hour OB. $0.80 per direct labor-hour OC. $1.16 per direct labor-hour OD. $1.25 per direct labor - hourBenson Construction Company expects to build three new homes during a specific accounting period. The estimated direct materials and labor costs are as follows. Expected Costs Direct labor Home 1 Home 2 Home 3 $ 99,000 134,000 $ 68,000 $189,000 187,000 Direct materials 108,000 Assume Benson needs to allocate two major overhead costs ($53,400 of employee fringe benefits and $25,740 of indirect materials costs) among the three jobs. Required Choose an appropriate cost driver for each of the overhead costs and determine the total cost of each house. (Round "Allocation rate" to 2 decimal places.)