min.4 Prosable Logistics is a small manufacturing company that uses a process costing system. At the start of production, Prosable Logistics adds all the raw material that will be need for production. The followinginformation is available for Q1's production. Beginning Work in Process Inventory (65% complete as to conversion) 5, 480 units Started this period 72, 500 units Ending Work in Process Inventory (20%complete as to conversion cost) 8,200 units Beginning Work in Process Inventory Costs: Material $42,000 Conversion $94, 000 Current Period Costs: Material $198, 243 Conversion $108, 600 What is thematerial cost per equivalent unit using the weighted average method? (Round to two decimal places) Group of answer choices a)$0.32 b) $3.08 c)$1.73 d)$3.36

The objective of the question is to calculate the material cost per equivalent unit using the…

Answered: Prosable Logistics is a small…

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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Large speed bump $ $ $ S 1.80 16 2.10 1,920 U 480 U 400
ACC 10 X McGraw-Hill Edu Xx 3:05 C ezto.mheducation.com/ext/map/index.html?_con=con&ext... Q d Applicati.... WP WileyPLUS B Bloomberg for Edu... Frontline - Sign In R myRutgers Portal Multiple Choice $800,000. $1,200,000. $480,000. Question 10 - EX Forrester Company is considering buying new equipment that would decrease monthly fixed costs from $360,000 to $360,000 and would decrease the current variable costs of $70 by $10 per unit. The selling price of $100 is not expected to change. Forrester's current break-even sales are $1,200,000 and current break-even units are 12,000. If Forrester purchases this new equipment, the revised break-even point in dollars would be: $1,500,000. Save & Exit ☐ B Submit X : >>>
Hambelton Ltd. issued $5,000,000 of 5% bonds payable on 1 September 20X9 to yield 4%. Interest on the bonds is paid semi-annually and is payable each 28 February and 31 August. The bonds were dated 1 March 20X8, and had an original term of five years. The accounting period ends on 31 December. The effective-interest method is used. (PV of $1, PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the price at which the bonds were issued. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) Price of Bond 2. Prepare a bond amortization table for the life of the bond. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no cells blank - be certain to enter "O" wherever required.) Interest Interest Premium Unamortized Net Bond Date Payment Expense…
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Q7 Solve the following problem Louise's taxable income is $87450. Based on the following marginal rate schedule first $45,282 taxed at 15.00%; over $45,282 up to $90,563 taxed at 20.50% How much tax should Louise be submitting to Revenue Canada Answer CLR 3 L5
FV(Quar.) = $100(1.03)20 = $
Calculate: 1 1 (1+ r)" х 30 where r=0.093, and n=16
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9. Joba Corporation issued $1,000,000 of 13% (stated rate) bonds payable on January 1, 2020, due on January 1, 2028, with interest payable each January 1. Investors require an effective-interest rate (market rate) of 10%. Calculate the amount of discount or premium that will be recognized when the company issues the bonds (indicate the amount and wither its discount or premium).
Q4
9:17 O A 51% Activity 1.3 Identify Me T-accounts State whether the following T-accounts have normal balance or not. 1. 2. CASH ACCOUNTS RECEIVABLE 12 345,000.00 10,800.00 10,000.00 3,000.00 15,000.00 8,000.00 1,000.00 13,000.00 15,000.00 20,000.00 2,000.00 6,000.00 379,000.00 11,800,00 367,200.00 4. ACCUM. DEPRN -BLDG 125.000.00 125,000.00 LAND 250,000,00 250,000.00 6. SERVICE REVENUE 5. 34,500.00 30,000.00 1,000.00 CRUZ, CAPITAL 500,000.00 500,000.00 18,000.00 83,500.00 7. 8. RENTAL EXPENSES SALARIES EXPENSE 5.000.00 6,000.00 10,000.00 1,000.00 1.000.00 9,000.00 10. INTEREST EXPENSE TAXES AND LICENSES 2,000.00 5,000.00 2,300.00 3,000.00 2,300.00
ex. 4-19 Post Closing trial balance

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