a. Calculate the cost of goods manufactured for the year by Gopaul Electronics b.) Prepare an income statement for Gopaul Electronics for the year ended December 31, 2023, clearly showing the calculation of Cost of Goods Sold. List the non-production overheads in order of size starting with the largest.
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a. Calculate the cost of goods manufactured for the year by Gopaul Electronics
b.) Prepare an income statement for Gopaul Electronics for the year ended December 31, 2023, clearly showing the calculation of Cost of Goods Sold. List the non-production
c) What is the selling price per switch if Gopaul Electronics manufactured 1,500 switches for the period under review and uses a mark-up of 33⅓% on cost?
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What is the selling price per switch if gopaul electronics manufactured 1,500 switches for the period under review and uses a markup of 33 1/3% on cost?
- 4Homework: Project Analysis As X 9 Question 2 - Homework: Projec X %3D heducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252F... O * O Project Analysis Assignment i 1 Saved Help Save & Exit Submit Check my work A project currently generates sales of $18 million, variable costs equal 60% of sales, and fixed costs are $3.6 million. The firm's tax rate is 35%. Assume all sales and expenses are cash items. a. What are the effects on cash flow, if sales increase from $18 million to $19.8 million? (Input the amount as positive value. Enter your answer in dollars not in millions.) Cash flow increases by $ 47,000 b. What are the effects on cash flow, if variable costs increase to 70% of sales? (Input the amount as positive value. Enter your answer in dollars not in millions.) decreases | by s 2$ 117,000 Cash flow← = POTUTORIAL QUESTION 4.pdf C 2 of 3 Q 5 X PDF Topic 4 Employee Benefits.pdf x | + Ⓒ File | C:/Users/acer/Documents/UNIVERSITI%20MALAYSIA%20SABAH/SEMESTER%204%20COURSE/BP22603%20FAR%20111/CHAP... Q [E + Q ** | CD Page view | A Read aloud | Add textDraw Highlight Erase 5 Required: Calculate the amount recognised as expenses and amount disclosed as equity. QUESTION 4 At 1.1.2017, KAZA Bhd grants 80,000 share appreciation rights to employee, with service condition that the employee will still be employed in KAZA for three years. grant date, KAZA's share price is RM3.00. The rights grants have a life of five years. At 31.12.2019, employee will be received cash by KAZA based on the value of the rights on that date. At the end of years 2020 and 2021, KAZA will pay the further cash to the employee if the rights have appreciated in value. Fair value of the share appreciation rights for the five-years are as follows: Year Share price RM Dividend yield % Value of rights RM 0 3.00 1 0.81 2017…t: Modi X * CengageNOWv2 | On x * Cengage Learning m/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=. CD B Milestone Two Guideli x G module 5 problem set x A eBook Show Me How Impaired Goodwill and Amortization of Patent On April 1, a patent with an estimated useful economic life of 12 years was acquired for $43,200. In addition, on December 31, it was estimated that goodwill of $41,000 was impaired. a. Record the acquisition of patent. If an amount box does not require an entry, leave it blank. April 1 b. Journalize the adjusting entry on December 31 for the amortization of the patent rights. Do not round intermediate calculations. If an amount box does not require an entry, leave it blank. Dec. 31 C. Journalize the adjusting entry on December 31 for the impaired goodwill. If an amount box does not require an entry, leave it blank. Dec. 31 Next Previous 3:24 PM Check My Work 11/28/2021 56°F Mostly cloudy a O E - A 0 home delete prt sc %23
- Multiple Choice $2,064,000 $2,066,000 Carlson, Incorporated owns 80% of Madrid, Incorporated. Carlson reports net income for 2024 (without consideration of its investment in Madrid) of $1,500,000. For the same year, Madrid reports net income of $705,000. Carlson had bonds payable outstanding on January 1, 2024, with a carrying value of $1,200,000. Madrid acquired the bonds on the open market on January 3, 2024, for $1,090,000. For the year 2024, Carlson reported interest expense on the bonds in the amount of $96,000, while Madrid reported interest income of $94,000 for the same bonds. Assuming there are no excess amortizations or other intra-entity transactions, what is Carlson's share of consolidated net income? $2,207,000 6 3 Saved Help Save & Exit Sub Sep 16WPS Office = Menu 11 >> D² Hand Tool Select Tool Navigation 86°F Sunny W KIMONE BROW...GEMENT EXAM Q. LW Edit Content" PDF to Word К > FINANCIAL MAN... I ONLINE.pdf X A. 100% ■ Home Insert Q Search + Q Q 00 Rotate Year Comment Edit 1 2 3 4 5 3 Tools 3 1 Auto Scroll Compute each project: i. Payback Period ii. Net Present NPV iii. Profitability Index iv. Using the information calculated and the information given about the projects; explain which project should be selected (4 marks) (Total 20 marks) Read Mode Background (Total 20 marks) W (4 marks) (7 marks) (5 marks) H Ð 80 84 2 KB 國 Snip and Pin 11 100% Free Trial ENG US 0 & ⠀ Find and Replace Highlight 10:23 am 13/1/2023 x I B NY OH ✅ © e F A 00 00← = PDF TUTORIAL QUESTION 4.pdf C 2 of 3 Q 5 X PDF Topic 4 Employee Benefits.pdf x | + Ⓒ File | C:/Users/acer/Documents/UNIVERSITI%20MALAYSIA%20SABAH/SEMESTER%204%20COURSE/BP22603%20FAR%20111/CHAP... Q โค + Q CD Page view | A Read aloud | □ Add textDraw Erase Highlight 1|2 BP22603 FINANCIAL ACCOUNTING AND REPORTING III SEM 2, 2021/2022 QUESTION 3 On 1.1.2016 the management of ANDY Bhd granted its 100 employees in the production units options to buy 100 shares each. If production increased by a minimum of 10%, the options granted would increase by 10% and if the production increased by 20% or more the options granted would increase by 20%. The options would vest at the end of the third year. In 2016, the company estimated that production would not increase and that ten employees would leave before the end of year 2018. In year 2017, five employees left and the company estimated that productivity would increase by 15% only and only 75 employees would remain in service till end of year…
- ← = POTUTORIAL QUESTION 4.pdf X C 1 of 3 Q 5 + Ⓒ File | C:/Users/acer/Documents/UNIVERSITI%20MALAYSIA%20SABAH/SEMESTER%204%20COURSE/BP22603%20FAR%2011/CHAP... Q [E CD Page view | A Read aloud | Add textDraw Highlight Erase 5 SEM 2, 2021/ZUZZ TUTORIAL QUESTION 5 QUESTION 1 On 1 January 2016, the management of ZAIDY granted an option for 3,000 shares to an employee on condition that he stays in the employment of ZAIDY for three years. Also, the option cannot be exercised till the share price has increased to RM20 per share by the end of the third year. The fair value of the option on 1 January 2016 was RM5 each and was estimated to rise to RM6.50 each by 31 December 2018. The fair value is determined taking into consideration that the share price will rise to more that RM20 each. Required: Calculate the amount recognized in the statement of profit or loss and the amount disclosed as equity in the statement of financial position. QUESTION 2 On 1 January 2017, SURDIN granted 100 share…Modi x * CengageNOWv2 | Onl x Cengage Learning B Milestone Two Guidel x G module 5 problem se x /ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=. Lo 田 eBook Show Me How Capital and Revenue Expenditures On August 5, GTS Co. paid $3,280 to repair the transmission on one of its delivery vans. In addition, GTS paid $57 to install a GPS system in its van. Journalize the entries for the transmission. If an amount box does not require an entry, leave it blank. August 5 Journalize the entry for GPS system expenditures. If an amount box does not require an entry, leave it blank. August 5 Next Previous 334 PM Check My Work A O E D 40 11/28/20 O 56°F Mostly cloudyblem Set: ModX * CengageNOWv2 | On x * Cengage Learning B Milestone Two Guidel x G module 5 problem set X ow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=. Lo еВook Show Me How Entries for notes payable Bennett Enterprises issues a $660,000, 45-day, 9%, note to Spectrum Industries for merchandise inventory. Assume a 360-day year. If required, round your answers to the nearest dollar.If an amount box does not require an entry, leave it blank. a. Journalize Bennett Enterprises' entries to record: 1. the issuance of the note. 2. the payment of the note at maturity. 2 b. Journalize Spectrum Industries' entries to record: 1. the receipt of the note. 2. the receipt of the payment of the note at maturity. Previous Check My Work 56°F Mostly cloudy ヘ 回。
- 7:27 f t < Session[1].docx - Word ✓ Qo 138 - 21 Paragraph O References Mailings Review View Help BLUEBEAM One day you're going to miss my boring texts ## TO Accessibility: Investigate Search Costs to date Estimated costs to complete Progress billings during the year Cash collected during the year hoher webb ng Normal ||| No Spacing Styles Acrobat 2021 $ 980,000 3,020,000 1,000,000 648,000 Go to website O Heading 1 √ Calculate the amount will be reported for accounts receivable on the statement of financial position at December 31, 2022. 3. Accounts Receivable on the Statement of Financial Position at December 31, 2022 for Newton Corp.: Accounts Receivable is calculated as the cumulative billings to date minus the cumulative cash collected: Accounts Receivable at December 31, 2022 = Cumulative Billings- Cumulative Cash Collected Accounts Receivable at December 31, 2022 = ($1,000,000+ $1,000,000) - ($648,000+ $1,280,000) = $2,000,000 - $1,928,000 = $72,000 Therefore, the amount reported…Ucation.com/ext/map/index.html?_con3con&external_browser%3D0&launchUrl%3Dhttps%253A%252F%252Fblackboard.american.edu%2... CH 9 Concept Overview Videos Saved Help Save & Exit ! Required Information 3. Part 3 of 3 Knowledge Check 01 On June 30 a designer received a check in the amount of $7,500 from a customer for design services to be provided after the customer chooses a color scheme for the first floor of her house. Complete the necessary journal entry. (If no entry is required for a transaction/event, select "No Journal entry required" In the first account fleld.) 0.38 polnts View transaction list eBook Journal entry worksheet Print Record the receipt of a check dated June 30 for $7,500 from a customer for design services to be provided. References Note: Enterr debits before credits, Date General Journal Debit Credit June 30 Mc Graw Hill 3.Help Choosing between two projects with acceptable payback periods Shell Camping Gear, Inc., is considering two mutually exclusive projects. Each requires an initial investment of $180,000. John Shell, president of the company, has set a maximum payback period of 4 years. The after-tax cash inflows associated with each project ne are shown in the following table: a. Determine the payback period of each project. b. Because they are mutually exclusive, Shell must choose one. Which should the company invest in? nts un a. The payback period of project A is years. (Round to two decimal places.) neText edia Librai cial Calculat ter Resource Enter your answer in the answer box and then click Check Answer. Check Answer mic Study ules parts remaining Clear All nmunication Tools > 10:02 PNM 4/19/202 P Type here to search insert prt fg f1o