What amount will net income increase

Q: Which of the following is an example of a period cost in a company that makes clothing? a. Fabric…

A: Step 1: Understand the Difference Between Period Costs and Product CostsPeriod Costs:These are…

Q: General Accounting solve this one

A: Net Income = Revenue - Expenses Total Expenses = Utilities expense + Phone expense + Salaries…

Q: General accounting question please solve

A: Step 1: Definition of Job CostingJob Costing is a method of tracking and allocating costs to…

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A: STEP 1.Profit Margin for Children and Store Profit Margin1.Profit Margin for ChildrenThe child earns…

Q: How much is direct labor coat on these general accounting question?

A: Manufacturing Cost: The total cost incurred to manufacture a product. It consists of three…

Q: Parma Company had $53,000 in sales during 2025. During the year, Parma purchased $14,000 in…

A: To calculate Parma Company's gross profit for 2025, we can use the following formula for Gross…

Q: General accounting

A: Explanation of Sales Volume Variance:The Sales Volume Variance measures the difference between the…

Q: Correct answer

A: Let's calculate the equity multiplier for Fresh Foods using the provided data.The equity multiplier…

Q: Hi expert please give me answer general accounting question

A: Step 1:The operating income using variable costing is calculated as follows: Formula table:  Result…

Q: Platz Company makes chairs and planned to sell 4,100 chairs in its master budget for the coming…

A: Explanation of Master Budget: Master Budget is a comprehensive financial plan that outlines an…

Q: A recent income statement of.... Please provide answer this general accounting question

A: To calculate the contribution margin per unit, we use the formula: Contribution Margin per Unit =…

Q: What is the predetermined overhead rate on these general accounting question?

A: Step 1: Define Predetermined Overhead RateThe predetermined overhead rate is calculated by dividing…

Q: Discuss the accounting treatment for business combinations.

A: Business combinations are defined as those transactions whereby entities amalgamate to form a single…

Q: What is the answer

A: Given:Initial cost = $140                  Fixed = $45                  Variable = $95Note: Fixed…

Q: Hi expert please give me answer general accounting question

A: Step 1:Cash reserve ratio is the amount that should be keep as cash by the banks in their reserves.…

Q: What is the direct labor price variance for August?

A: Step 1: Define Direct Labor VarianceThe total direct labor cost variance can be bifurcated into…

Q: None

A: Step 1: Definition of Market Debt-Equity RatioThe Market Debt-Equity Ratio measures a company's…

Q: Given correct answer general Accounting question

A: Step 1:  Calculate the total direct costs (Direct cost per snowmobile × Monthly production).Step 2:…

Q: A company's prime costs total $5,300,000 and its conversion costs total $9,300,000. If direct…

A: Concept of Prime Costs:Prime costs refer to the direct costs of manufacturing a product, including…

Q: What is the firm's P/E ratio?

A: Step 1   Dividend Yield  Formula. Dividend Yield=Price per ShareAnnual Dividend per Share​×100…

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A: Concept of Consolidation Method of Accounting:The consolidation method involves merging the…

Q: On May 21, 2019, Christine worked 7.0 hours on Job A-1, and 3 hours on general "overhead…

A: Step 1: Components of Total CostDirect Material Cost: Materials directly used for Job A-1.Direct…

Q: Which of the following is NOT a period cost? a. Depreciation of factory maintenance equipment. b.…

A: This is because depreciation of factory maintenance equipment is considered a product cost, as it is…

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A: The unit cost is the total cost to produce a single unit of a product. The formula for unit cost is:…

Q: Crane Paints manufactures artists' oil paints. Each 40 ml tube of paint requires 5 minutes of direct…

A: To calculate the Direct Labor Rate Variance, the formula is: Direct Labor Rate Variance = (Actual…

Q: GENERAL ACCOUNTING

A: Explanation of Gross Margin:Gross Margin represents the difference between a company's sales revenue…

Q: Please need answer this general accounting question

A: Approach to solving the question: Step 1: To get the percentage allocation we simply follow the…

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A: Step 1: Definition of Overhead AllocationOverhead allocation is the process of assigning indirect…

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A: Step 1: Definition of Itemized DeductionsItemized deductions are eligible expenses that taxpayers…

Q: Subject:- General Account

A: The correct answer is:b. Indirect costs  Explanation:Annual Machine Maintenance is a cost incurred…

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A: To determine the selling price per unit, we need to use the break-even formula for profits, which…

Q: Answer? ? Financial accounting question

A: Step 1: Define Credit LineA line of credit is a loan facility extended by a commercial bank or…

Q: Pioneer Manufacturing has fixed costs of $60,000 and variable costs of $40 per unit. If they sell…

A: Concept of Fixed Costs:Fixed costs are expenses that do not change with the level of production or…

Q: None

A: Compensating balance = Loan amount * Compensating balance percentageCompensating balance = $75,000 *…

Q: Calculate the days sales in inventory? General accounting

A: Step 1: Definition of Days Sales in Inventory (DSI)Days Sales in Inventory (DSI) measures the…

Q: Financial Accounting

A: Step 1: Define Gain or Loss on Disposal of Equipment:Gain or loss on the disposal of equipment…

Q: Calculate the interest? General accounting

A: Calculation:1.Interest charged on borrowed.Interest=Borrowed Amount×Interest…

Q: Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company's…

A: To prepare the Direct Labor Budget for the third quarter for Black Diamond Company, we need to…

Q: What is the gross margin for September on these general accounting question?

A: Step 1: Define Gross MarginGross Margin is the amount remaining after subtracting the cost of goods…

Q: A company is considering whether to adopt a new accounting software system. Discuss the potential…

A: Potential Benefits of Implementing New Accounting Software: Increased Efficiency and…

Q: A davis company has fixed costs of solve this question general Accounting

A: Step 1: Define Break-Even AnalysisThe break-even analysis is usually carried out by a given firm to…

Q: General Account

A: Definition of Units Started in ProductionUnits started in production refers to the total number of…

Q: problem related to accounting

A: Explanation of Contribution Margin: Contribution margin is the difference between selling price and…

Q: Financial Accounting

A: Step 1: Define Average Issue Price of StockThe average issue price per share is calculated by…

Q: Solve this general accounting problem

A: Explanation of Total Asset Turnover:Total Asset Turnover measures how efficiently a company uses its…

Q: General Accounting Question need help

A: To calculate the selling price per unit required to achieve the desired profits, we can use the…

Q: Calculate the amount paid for goodwill? General accounting

A: Step 1: Definition of GoodwillGoodwill is an intangible asset that arises when a company acquires…

Q: Which of the following is a characteristic of preferred stock? i) Always has voting rights ii)…

A: The correct characteristic of preferred stock is:iv) Priority in dividend paymentsExplanation:i)…

Q: What is the profit margin

A: To find the profit margin, we use the formula: Profit Margin = Net Income / Sales Given:Total assets…

Q: General Accounting

A: Step 1: Definition of Total Manufacturing CostsTotal manufacturing costs are the sum of direct…