MANAGERIAL ACCOUNTING F/..(LL)-W/ACCESS
MANAGERIAL ACCOUNTING F/..(LL)-W/ACCESS
5th Edition
ISBN: 9781260696318
Author: Noreen
Publisher: MCG
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Chapter 11B, Problem 11B.4P

1.

To determine

Introduction: Expenses are the cost that helps company in operating through which company generates revenue. Expenses include payments made to factory lease, equipment depreciation, suppliers, and employee wages. mapping the formal plan.

Cost for each division in the cafeteria for June.

2.

To determine

Introduction: Expenses are the cost that helps company in operating through which company generates revenue. Expenses include payments made to factory lease, equipment depreciation, suppliers and employee wages. mapping the formal plan.

The cost allocated to each division for June.

3.

To determine

Introduction: Expenses are the cost that helps company in operating through which company generates revenue. Expenses include payments made to factory lease, equipment depreciation, suppliers, and employee wages. mapping the formal plan.

Criticism that can be made of the allocation made.

4.

To determine

Introduction: Expenses are the cost that helps company in operating through which company generates revenue. Expenses include payments made to factory lease, equipment depreciation, suppliers, and employee wages. mapping the formal plan.

Remedies taken to neutralize the strategies.

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Problem No. 2 The trial balance of Cleint Lumanao Nacho Supplies on February 10, 2025, before accepting Shila Tajonera as partner is shown as follows: Account Title Debit Credit Ato Cash reening smuo P 100,000 Accounts Receivable 250,000 Allowance for Uncollectible Accounts P 20,000 o Merchandise Inventory Equipment Accumulated Depreciation Accounts Payable Notes Payable 120,000 275,000 55,000 50,000 82,000 538,000 Lumanao, Capital Total P 745,000 P 745,000 Tajonera offered to invest cash to get a capital credit equal to one-half of Lumanao's capital after giving effect to the adjustments below. Lumanao accepted the offer. Valuation of some of the assets and liabilities of Lumanao, as agreed by the partners, are the following: • The merchandise is to be valued at P93,000. The accounts receivable is estimated to be 90% collectible. • The equipment is to be valued at P200,000. The partners also agreed that the name of the partnership will be Nacho Business. Required: 1. In the books of…
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