• Q : Contribute to unethical or deviant behavior....
    Accounting Basics :

    Discuss how the following can contribute to unethical or deviant behavior in the workplace:

  • Q : Discuss weaknesses in internal control over information....
    Accounting Basics :

    Discuss several weaknesses in internal control over information and data flows and the procedure for processing shipping notices and customer invoices, and recommend improvement in these controls an

  • Q : Preferred and common stockholders receive concept....
    Accounting Basics :

    How much will the preferred and common stockholders receive under each of the following assumptions:

  • Q : Compute cash collections for february....
    Accounting Basics :

    Joanie Corp sells it products on both credit and cash basis. Monthly sales are sold 10% for cash, 90% for credit. Credit sales are collected 40% in the month of sale and 60% the following month. Sal

  • Q : Corporation deduct regarding salary....
    Accounting Basics :

    A corportation of which john stevens is the solw owner employs johns wife as secreatary and treasurer at a salaru of 28,000 per year she performs certain work regulraly, but efficient and bonded hel

  • Q : Amount of paid-in capital in excess of par problem....
    Accounting Basics :

    At the time of the conversion, the unamortized premium is $2,000, the market value of the bonds is $110,000, and the stock is quoted on the market at $60 per share. If the bonds are converted into c

  • Q : State income tax deductions for each year....
    Accounting Basics :

    The refunds were all amounts paid ( withheld and paid by check) in the prior year. Adolpho's total itemized deductions in 2010 were $6000. what is adolpho's state income tax deductions for each year

  • Q : What is carlos tax expense deduction....
    Accounting Basics :

    what is carlos's tax expense deduction for the current tax year?

  • Q : What larned company''s earnings per share of common stock....
    Accounting Basics :

    Dividends during 19X6 totalled $263 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, 19X6 was $160.

  • Q : Determining the amount of the adjustment....
    Accounting Basics :

    The balance in the prepaid insurance account, before adjustment at the end of the year, is $11,500. Journalize the adjusting entry required under each of the following alternatives for determining t

  • Q : What are the advantages and disadvantages of each procedure....
    Accounting Basics :

    What are the advantages and disadvantages of each procedure from the viewpoint of (a) the firm and (b) the bondholders?

  • Q : What price would be charged....
    Accounting Basics :

    A Shavon company has total fixed costs of $6,000,000 and total variable cost of $3,000,000 at a volume level of 300,000 units. What price would be charged if the company used cost plus pricing and a

  • Q : What profit margin percent will the company earn....
    Accounting Basics :

    If demand falls to 40,000 units and the company wants to continue to charge the same price what profit margin percent will the company earn?

  • Q : What would be the impact on profits....
    Accounting Basics :

    Normally, Contreras has a variable cost of $280 per unit. The annual fixed cost of $2,000,000 would be unaffected by the special order. What would be the impact on profits if Contreras were to accep

  • Q : What would the price be if the company expected....
    Accounting Basics :

    A company has a total cost of $50.00 per unit at a volume of 100,000 units. The variable cost per unit is $20.00. What would the price be if the company expected a volume of 120,000 units and used a

  • Q : What mark up percentage is the company using....
    Accounting Basics :

    A manufacturing company produces and sells 20,000 units of a single product. Total production costs are $14/unit. If the total sales are $560,000 what mark up percentage is the company using?

  • Q : What is the price....
    Accounting Basics :

    A company has $25 per unit in variable costs and $1,000,000 per year in fixed costs. Demand is estimated to be 100,000 units annually. What is the price if a markup of 40% on total cost is used to d

  • Q : What will the customer be charged....
    Accounting Basics :

    A customer places 10 orders with a total direct cost of $3,000, orders 300 separate items, and makes 5 returns. What will the customer be charged?

  • Q : Journalize the transactions and closing entry for net income....
    Accounting Basics :

    Journalize the transactions and the closing entry for net income.

  • Q : What is the net advantage or disadvantage of re-working....
    Accounting Basics :

    The Tobias Company has 12 obsolete computers that are carried in inventory at a cost of $13,200. If these computers are upgraded at a cost of $7,500, they could be sold for $19,500. Alternatively, t

  • Q : What will be their allocated overhead....
    Accounting Basics :

    Note: Cost allocations are computed to 4 significant digits. Resulting values are rounded to the whole dollar. If the purchasing department makes 140,260 copies this year what will be their allocate

  • Q : Accounts receivable at the beginning....
    Accounting Basics :

    The Baldwin Wholesale Company began 2011 with inventory of $400,000 and ended the year with inventory of $500,000. The company's gross profit ratio is 25%, inventory turnover ratio is 2, and receiva

  • Q : How many units of product x must be sold....
    Accounting Basics :

    A company sells two products - X and Y. Product X is sold at a price of $50 and has a variable cost of $25. Product Y is sold at a price of $25 and has a variable cost of $20. Product X and Y are so

  • Q : Should john''s camera go forward with the change....
    Accounting Basics :

    John's Camera is considering changing its production process. With the change in production, John's Camera will lower its fixed to $80,000 but raise its variable costs to $90 per unit. Should John's

  • Q : Is margarets behavior regarding the cost information....
    Accounting Basics :

    Is Margaret's behavior regarding the cost information she provided to Susan unethical? Explain your answer.

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