Cost Accounting questions and answers in December 2021

PROJECT CASE: PART A BACKGROUND Adam Kleen Enterprise [ARE] was Initially set up as a convenient shop selling laundry related Items by Adam Bollan. Despite having good results in die national—level ...
On January 1, 20X5, Power Company purchases 80% of the outstanding shares of the Spencer Company for $2,500,000 in cash . On that date, Spencer Company had No Par Common Stock of $2,000,000 and Retain...
45. A machine shop manufactures a stainless-steel part that is used in an assembled product. Materials charged to a particular job amounted to P6,000. At the point of final inspection, it was discover...
1. Per record, total payroll is 1,000,000, net of deductions from employee's salary which includes taxes of 40,000, Pagibig / SSS contributions of 55,000 and Philhealth. It shows that company's contri...
Last week, 1,215 hours are worked in the factory of X Corp. 55 of these hours are overtime which is paid time and a half. OT hours are due to company's normal operations. Also, 42 hours are idle time....
22. Last week, 1,215 hours are worked in the factory of X Corp. 55 of these hours are overtime which is paid time and a half. OT hours are due to company's normal operations. Also, 42 hours are idle t...
please solve this appendix for me really helpful for you.. Appendix Three (Cost-Volume-Profit Analysis) Objective: Based on the following Contribution Margin Income Statement the consulting group woul...
  Which of the following statements regarding inventory accounting is false?   Multiple Choice Under U.S. GAAP, the cost flow assumption does not need to conform to the actual flow of the goods. The...
The status of Budgeted Income and Expenses for Pink Consulting and Tutorials for 2020 are presented below. The 2016 Projected Income Statement for Consulting & Tutoring Rosa follows: Consulting &a...