Want to watch this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as rapid as 30 minutes!*

See Answer
*Response times might vary through subject and question complexity. Median response time is 34 minutes for paid subscribers and may be much longer for advancement offers.

You are watching: Which of the following is a direct cost of manufacturing a sport boat?


Q: Question 1. On 1 July 2019, Fisher Ltd decides to lease a cargo delivery from XFinance Ltd. The term of ...

A: Lease is an agreement between two next under i beg your pardon one party grants the appropriate to use the heritage to...


Q: RCK Ltd problems a prospectus inviting the public to subscribe because that 90 million simple shares the $2.00...

A: Pro rata allotment method to proportionate the shares allotted in accordance come the share applied and...


Q: In each of the circumstances noted below, enhance the situation to the form of opinion that have to be...

A: There are four varieties of audit reports: and also unqualified opinion, a qualified opinion, an disadvantage opin...


Q: Please inquiry A is required. a) Many scholastic scholars believed that ‘Strategic details must...

A: Introduction - Balance Scorecard Balance Scorecard is a target based tool offered to evalua...


Q: Best Trim, a manufacturer of lawn mowers, predicts that it will purchase 204,000 spark plugs next ye...

A: Relevant cost: Relevant cost is the avoidable price which incurred at the time of the decision making...


Q: In general, what kinds of taxation incentives are available for rehabilitation of actual estate earnings prop...

A: Click to watch the answer


Q: A manager need to decide how numerous machines of a certain type to purchase. Each device can process 100 ...

A: a)One machine:Fixed cost= $2,100variable cost= $17 per customer, revenue = $45 per customerProfi...


Q: Nance firm estimates its annual warranty expense as 2% of annual net sales. The following data r...

A: Warranty expense refers come the price that the company expects for repair and maintenance of items wh...


Q: Liberty Corporation reported the complying with financial statements:Assume every sales space on credit. Dur...

A: Definition: Day’s sales in receivable: Day’s sales in receivables indicate the number of days ta...


Q: 2. ~ above 1 October 2018, Acacia Ltd authorize a prospectus for applications for 200 000 ordinary shares to...

A: Definition: newspaper entry: journal entry is a set of financial events which can be measure up in moneta...


Q: The fundamental qualitative qualities that financial info must own to be beneficial to ...

A: Relevance is the major characteristic the financial details which claims that the info pro...


Q: Cullumber Co. Receives $248,400 when it problems a $248,400, 10%, mortgage keep in mind payable come finance the...

A: DateAccount Ttiles and also ExplanationDebitCreditDec 31,2020Cash$248,400 Mortga...


Q: For the coming year, Cleves company anticipates a unit selling price of $134, a unit variable cost o...

A: “Hey, since there are multiple questions posted, we will answer first two questions. If you desire any...


Q: Define the term business combination and differentiate across various forms of business combinations...

A: Business mix refers come the combine of two independent firms because that a usual purpose.


Q: An inventory take away the morning after ~ a big theft discloses P60, 000 of items on hand as of march 1...

A: Compute the goods sold:SalesP120,000goods sold over 25% of sales therefore, expense of good...


Q: List the measures of the audit cycle.

A: The accounting cycle is a series of tasks that compiles an organization’s transactions in ~ the e...


Q: In adhering to the liquidation communication of accounting, what gaue won statements should be presented?

A: While following the liquidation basis of accounting, the following financial statements need to be pres...


Q: Explain “EPS computation”.

A: EPS is the revenue per share. This proportion helps to discover out exactly how much benefit is earned because that $1 investe...


Q: Wages due however not paid $1800Electricity bill due however not payment amounting to $450Insurance had been ...

A: newspaper entriesDate ParticularsDebit ($) Credit ($) incomes Account1,800...


Q: On January 1, 2020, Pennington Corporation purchase 30% that the usual shares the Edwards company for...

A: Account Titles and ExplanationDebitCreditInvestments - Edwards Company$180,000 ...


Q: Jerry Isaacscould amort

A: First month balance:New balance = opening balance - PrincipalNew balance = $8000 - $296.59New bal...


Q: B) The data gathered from the sales budget for the first five month of 2020 is provided for a particu...

A: Click to see the answer


Q: What is an write-ups of cooperation agreement, and what info should this document contain?

A: Definition: Partnership: This is the form of business entity which is created by one agreement, owne...


Q: Sweet Tastings is considering increasing its offering price come $13 per case. Assuming production and ...

A: Rate the return (ROI) help in measuring the losses or gains developed on an invest comparative wit...


Q: The complying with units of one inventory article were available for sale throughout the year:Beginning inven...

A: FIFO: FIFO stand for an initial in first out. Under this system, perform which space purchased an initial wil...


Q: What is the common procedure for handling the collection of accounts receivable previously written o...

A: Definition: Accounts receivable: accounts receivable refers to the amount come be received within a ...


Q: On 1 July 2019, Fisher Ltd decides come lease a cargo delivery from XFinance Ltd. The term of the lease is...

A: Lease is one agreement in between two parties under i beg your pardon one party sponsor the right to usage the asset to...


Q: I've completed many of the problem, but I cannot figure out the table ~ above req 3 what I have so far i...

A: Click to view the answer


Q: Find the "Asset turnover"!

A: Calculate the legacy turnover ratio as follows:Asset turnover proportion = net sales / Average total asse...


Q: In what accounts have to the complying with items it is in classified?a. Coins and currency.b. U.S. Trea...

A: Balance sheet category is done basis ~ above the accounts nature and the purpose of the account.Al...


Q: On July 10, 2020, Amodt Music sold CDs to retailers ~ above account and also recorded sales revenue that $700,00...

A: Prepare Amodt's newspaper entries to document (a) the revenue on July 10, 2020,


Q: What go the target full product price include?

A: Definition: Target complete product cost: The target cost is the maximum cost of a product the ...


Q: Use the following data indigenous Burt Co., taken indigenous the ledger after ~ adjustment on December 31 the finish ...

A: a)


Q: Amazing company manufacturing Water purifier. The expected prices of the product life bike of mob...

A: 1) calculate the number of batches under production cost as follows:Year 1:Year 2:Year 3:Note...


Q: At the finish of the existing year, accounts Receivable has actually a balance the $782,970 allowance for Doubtful...

A: Net realizable value describes asset which can be realized once asset is sold.


Q: Wildhorse coporation, group issued 4,100, 6%, 5-year, $1,000 bonds dated January 1, 2020, at 100. Interest...

A: Total cash received from Bond concern = 4100*$1000 = $4,100,000


Q: Turner, Inc. Started work on a $7,000,000 contract in 2020 to construct an office building. Throughout 202...

A: Total expense = cost Incurred + Estimated extr cost to finish the job = ...


Q: Leon Jones functioned in the warehouse that a huge building supply company. One day he unanticipated left fo...

A: The over case is a type of Payroll fraud. Specifically, it is one incidence the paycheck diversion, w...


Q: Explain the distinction in the bookkeeping treatment the the price of developed modern technology and the cost ...

A: Developed modern technology relates come those projects that have actually reached technical feasibility. Technol...


Q: Explain the accountancy treatment of prices incurred to build computer software.

A: Software advance costsThese are costs connected with a product or a customized software develo...


Q: At the end of a current year, an international Cleaning Service, a full-service house and also office clean servi...

A: Liabilities = complete assets - Equity


Q: Oakland Ltd, whose resources consisted that $50000 in completely paid shares, was wound up together a result of a c...

A: ParticularsAmount $Receipts indigenous assets: (A) revenue of land & building850...


Q: Where is debt callable by the creditor report on the debtor's gaue won statements?a) lengthy term l...

A: Definition: Current liabilities: The duties owed by a company to creditors and also suppliers and also ...


Q: What is the calculation for return on legacy (ROA)? explain what ROA measures.

A: ROA means return top top assets. Calculate the return on legacy by making use of the adhering to formula:Return o...


Q: In comparing the present rate and also temporal techniques of translation, i beg your pardon of the following is true?a....

A: The report balance of perform , equipment and also depreciation will certainly differ under both methods.


Q: Lead TimeSound Tek Inc. Manufactures electronic stereo equipment. The manufacturing procedure include...

A: Lead time: lead time is the moment consumed because that the production of a product. It refers to the time pe...


Q: Revenue is usually recognized at the suggest of sale (a point in time). Under one-of-a-kind circumstances, h...

A: Revenue recognition: GAAP (Generally accepted accountancy principle) states that under certain con...


Q: How should material seasonal variations in revenue be reflect in interim gaue won statements?a. T...

A: Material seasonal sports in revenue occurs because of seasonal ease of access of materials and the cos...


Q: (iii) Presently, your company’s face Value of equity Share RO 10 and also Market value of your Share in M...

See more: Delta Sfo To Atl Anta To San Francisco, Delta Flight From San Francisco To Atlanta

A: iii) The key reason because that stock split is to boost the trade volume and also market liquidity. In stoc...