ILLUSTRATE THE VARIOUS COST CLASSIFICATIONS. (PLEASE INCLUDE PHOTOS OR TEXT FOR THE EXPLANATION) DIRECT COSTS VS INDIRECT COSTS

Q: FIXED COSTS One (1) Game Fixed Cost for Food (P100,000) Space (P240,000) Booth Space (P1,750) Total…

A: In the context of the given question, we compute the break-even point using the given table's data.…

Q: 2. On January 1, 2022, Marites deposited P15,000 in a bank that offered 2.5% annual interest…

A: Steps to be followed: For each month calculate the interest amount on the balance including…

Q: MSI's educational products currently are sold without any supplemental materials. The company is…

A: Variable costs are costs that vary with the change in the level of output whereas fixed costs are…

Q: 12/29 12/29 12/29 P104,000 12/29 1/02 a. 32,000 48,000 88,000 12/31 12/30 12/30 12/31 12/31 b. 1/02…

A: Bank or the book entries may be overstated or understated due to recording of the transactions on…

Q: Instructions: Answer the following. i. Highlight all the mistakes if any in the above cash flows…

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

Q: > Compute the missing items in the following. Show your complete solutions at the back of this paper…

A: Solution..   Cost of sales = 20% of sales  Sales = cost of sales ÷ 20%  = $62,500 ÷ 20%  = $312,500…

Q: Jane Adele deposits $1,700 in an account at the beginning of each 3-menth period for 12 years. If…

A: If the amount is deposited at end of each period, then such annuity is called ordinary annuity. If…

Q: Use the following information for questions # of units produced 6,600 Variable Costs per Unit:…

A: The income statement can be prepared using various methods as variable and absorption costing. The…

Q: If an amount is zero, enter "0". Round any division to three decimal places. Realized Recognized…

A: ANSWER :

Q: Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various…

A: Straight Line Depreciation Method:The straight-line depreciation method is a commonly used…

Q: Luan paid $110,900 as a down payment towards an apartment purchase and received a mortgage from a…

A: A mortgage is a covered loan that has been taken out to purchase real estate. The real estate being…

Q: makes cross border logistics a breeze for Chinese sellers. The collaboration between Shopee and DHL…

A: Here discuss about the details of the responsibility of he seller for the delivery of goods to the…

Q: Instructions Journalize the entries to record the summarized operations.

A: Cost of goods sold is the total direct cost that is consumed by a product at the time of producing.…

Q: Give me correct answer with explanation. Don't upload any image please.heer

A: The objective of the question is to calculate the present value of a future cash flow of $14,000 to…

Q: a. Calculate the following Periodic Total Returns on a 5-year investment. To your calculations,…

A: a. Calculate the total return on invest as follows: Selling Cost = 5% Total Return = NCF + Increase…

Q: Using the same purchase information at the beginning of the question, prepare the table assuming…

A: Depreciation expense :— It is the allocation of depreciable cost of asset over the estimated useful…

Q: A company manufactures two products, Drills and Saws. Their total estimated overhead cost for the…

A: Under activity-based costing method, the cost is allocated to each activity based on its…

Q: Luke's company has transferred him to Peterborough. He finds two housing options near his office. a.…

A: Option 1Monthly Rent = 475 (Including utilities) Option 2Monthly Rent = 390 (Including water…

Q: S (age 45), who is in a 24% marginal tax bracket, received a traditional 5401(k) distribution of…

A: The contributions made to traditional 401(k) are allowed as a deduction and not taxed, however, the…

Q: Calculate direct materials and direct labour variances. E12.31 (LO 2, 3) Jay Levitt Company budgeted…

A: Actual price per unit = $31,2006,500 kg = $4.8 per kg Standard quantity for actual output = 2,750…

Q: A loan of $6000 is being repaid with quarterly installments of P at the end of each quarter for 5…

A: Given, Loan amount is $6000 Term of loan is 5 years rate is 12% Payment is made quarterly.

Q: 1. Determine the present value of the ordinary annuity:

A: Present value of Ordinary Annuity: It represents the present worth of the annuity payments made at…

Q: Please I need answer for all parts. If you can't answer all parts just skip/leave. Solve with all…

A: Under activity based costing method, the cost is allocated to each activity based on their…

Q: A 20-year annuity pays $2,100 per month, and payments are made at the end of each month. If the APR…

A: The PV of an investment refers to the combined worth of the investment's cash flows after they have…

Q: Calculate the standard cost per unit. E12.19 (LO 1) Muhsin Company has gathered the following…

A: Introduction: Variance analysis is a quantitative assessment of the difference between actual and…

Q: I'll upvote if complete and correct. Thank you

A: Trial Balance: A trial balance is an accounting worksheet where the balance of all records is…

Q: Problem #2: A bond has a face value (and redemption value) of $504,000, and pays coupons annually.…

A: Variables in the question:Face value and redemption value=$504000Effective annual yield=3 * Coupon…

Q: Problem 5 Open the following T-accounts: Cash; Accounts Receivable; Office Supplies; Office…

A: All Accounting transaction are first recorded in journal and thereafter posted into the ledger…

Q: QUESTION 38 Time affects liquidity through a. cash flows. b. opportunity costs. c. uncertainty and…

A: Liquidity of an asset is important and the liquidity of an asset also affects the worth of an asset.…

Q: a. What is budgeted annual fixed manufacturing overhead? $ 0 b. If budgeted fixed manufacturing…

A: Budgeted fixed overhead is the fixed overhead budgeted for the period at the optimal capacity level.…

Q: Loan Payments (Annual) a. If you take out an $23,000 car loan that calls for 4 annual payments…

A: An annuity is a financial product that provides a stream of income payments at fixed intervals,…

Q: Samantha wants to be able to withdraw $530 at the end of each month for two years while she travels,…

A: Here, Investment Amount (PV) is $10,300 Interest Rate earned on Investment Amount (Rate) is 4.54%…

Q: Use the following stock table to find the most recent dividend. 52-WK High Low Name 16.88 8.78 Idno…

A: Dividend refers to part of the profit of company which is being paid to the shareholders of the…

Q: Instruction: For each transaction, identify the account debited and credited. Debit Credit 1 Clark…

A: Introduction: Journals: Recording of a business transaction in a chronological order. First step in…

Q: The debt is amortized by equal payments made at the end of each payment interval. Compute (a) the…

A: A loan is a financial arrangement where one party (the lender) provides money or assets to another…

Q: Describe the type of benefit received in each scenario. Either the scenario describes a…

A: PROGRAM:A set of related measures activities with a particular long-term aim. SERVICES: The action…

Q: HUGO Corporation is a manufacturer that uses job-order costing. On January 1 the beginning of its…

A: Overapplied overhead=Manufacturing overhead costs applied-Manufacturing overhead costs incurred

Q: Par owns 88.01% of Sub Corp. Par sold depreciable assets to Sub on January 1, Year 3, at a…

A: Parent company and subsidiary companies are two type of companies being used at the time of…

Q: In the image you can look at the question . Is asking me to choose the correct answer below and fill…

A: Here, Loan Amount is $165,000 Mortgage A: Time Period (n) is 15 years Interest Rate is 6.25% Closing…

Q: Ohno Company specializes in manufacturing a unique model of bicycle helmet. Ohno's monthly…

A: Total Manufacturing Costs=Direct Materials+Direct Labor+Manufacturing Overhead

Q: Problem #2: A mortgage is being paid with level monthly payments, which pay off the interest for…

A:

Q: Answer the following questions by writing down the correct letter next to the relevant number:

A: Hi student Since the following options are not given in the question, we will calculate answer and…

Q: Sophie Lacson started her own consulting firm, Lacson Consulting, on September 1, 2019. The…

A: Debit and credit are two aspects of a business transaction. These are used in double entry system of…

Q: Cold Goose Metal Works Inc. is considering a one-year project that requires an initial investment of…

A: The money required to raise money from the market through intermediaries involved is called as…