list down the various levels, methods and approach of earning management

Q: What is the incremental cost associated with this special order

A: Since 2/3 of overhead is fixed, the remaining 1/3 will be variable. Overhead cost per unit ₱ 3 ...

Q: $ 8,500 $20,900 Direct materials used Direct labor Sales salaries $10,500 $ 1,870 $ 6,070 $ 9,230 $ ...

A: Conversion cost = Direct labor cost + Direct expense + Factory overhead  Direct labor cost = $20,900...

Q: Laflame Corporation uses a job-order costing system with a single plantwide predetermined overhead r...

A: Total estimated manufacturing overhead includes fixed manufacturing cost and variable manufacturing ...

Q: Data pertaining to Lakers Co.’s manufacturing operations: INVENTORIES   April 1, 20X1   April 30,...

A: Correct option: ₱118,000 Incorrect option: ₱150,000 ₱109,000 ₱115,000

Q: resent Value Index hen funds for capital investments are limited, projects can be ranked using a pre...

A: solution given Initial investment 170000 Annual cash flow 58000 Life 5 years R...

Q: per bond, at 105. Eá An entity issued 5,000 10-year bonds, face amount pond is accompanied by one wa...

A: Solution Given Issue price 105 Coupon rate on bond 10% Market rate of similar bond w...

Q: On September 30, ABC paid employee salaries of $7,000, including $1,000 it owed to its employees las...

A: Introduction:- The following balance sheet (Accounting) equation used as follows under:- Assets = Li...

Q: Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On Au...

A: The balance sheet represents the financial position of the company that includes the assets, liabili...

Q: During July at Loeb Corporation, $83,000 of raw materials were requisitioned from the storeroom for ...

A: Journal entry paass when issue raw materials from storeroom to use in production. Separate entry pas...

Q: Max, the president of Maxwell, Inc. decides to take a personal pay cut instead of laying off 10,000 ...

A: Ethics have an important place in the organisation and for all the managers and employees in the org...

Q: QUESTION 4 Jeremiah invested RM100 every month into his Paradise Mutual Fund account for 8 years at ...

A: First we can convert the invested amount and the interest % to annual. 1 month =100 12 months=100*12...

Q: The following information pertains to Splash Brothers’ Corporation: Sales margin 25% Capital Tu...

A: Operating Assets: Operating assets are assets that are bought for use in the performance of a firm's...

Q: Harris Co. is considering a 12-year project that is estimated to cost $900,000 and has no residual v...

A: In this question, we have to calculate the average annual income  we have the formula of Average rat...

Q: You make deposits of $300 each year for the next 17 years at 5 % compounded annually. How much is in...

A: Annual deposit (P) = $300 Interest rate (r) = 5% Period (n) = 17 Years

Q: 8,088 4 Accounts Payable 6,960 Accounts Receivable 13,445 Cash 4,800 Equipment Insurance Expense 7 1...

A: The question is based on the concept of Financial Accounting.

Q: What amount should be reported as inventory? a. 720,000 b. 728,000 c. 676,000 000.00 00.00

A: Solution Concept Lower of cost or net realizable value                 As per the accounting standar...

Q: 1. How may an employee embezzle funds by issuing an unauthorized sales credit memo if the appropriat...

A: Embezzlement refers to a form of crime in which an individual or entity misappropriates the assets w...

Q: After preparing and posting the closing entries for revenues and expenses, the income summary accoun...

A: The closing entries are prepared to close the temporary accounts of the business including revenue, ...

Q: Which costs will change with a decrease in activity within the relevant range? Unit variable cost an...

A: Cost can be classified into two categories i.e fixed cost and variable cost. The fixed cost remains ...

Q: Total Manufacturing Costs   ₱325,000 Applied Overhead Costs,  75% of direct labor cost    ₱075,00...

A: Conversion costs are those costs incurred to convert raw materials into finished goods. Conversion c...

Q: Journal entry worksheet 4 5 7 8 Annual depreciation on the professional library is $7,200. Note: En...

A: The adjusted journal entries are those journal entries which are made at the end of an accounting ye...

Q: Peter Corp acquired the net identifiable assets of Simon Corp by issuing its own 5,000 ordinary shar...

A: In the Acqusition cost of equity the expenses like legal and brokerage fees, due diligence, audit fe...

Q: he company could save $6,000 per year in engineering costs by purchasing a new machine. The new mach...

A: Given, rate = 9% year = 12 periodic payment = $6000

Q: Exercise 15-26 (Algo) Computing applied overhead and closing over- or underapplied overhead LO P4 At...

A: Using estimated direct material costs , Predetermined overhead rate = Estimated manufacturing overhe...

Q: P6-6. Ancient Times Corp., a closed corporation and selling its shares to ar investor. The statement...

A: 1. EBITDA = Net income + Income tax + Interest + Depreciation + Amortization Given: Net Income = P22...

Q: The following intangible assets were purchased by Goldstein Corporation: A. A patent with a remaini...

A: An intangible asset is one which cannot be touched or seen and do not have any physical appearance o...

Q: The Fresh Sausage Company takes fresh ingredients and turns them into sausage for sale in the chille...

A: Inventory: Inventory refers to all of the things, commodities, merchandise, and supplies that a firm...

Q: as Corporation was organized corporation lost most of its the year-end count of inven cords disclose...

A:

Q: Answer and explain Problem #2 Lester and Stephen formed a partnership with capital contributions o...

A: When partnership deed is silent for profit sharing ratio, the profits and losses are distributed equ...

Q: Ly engage in discussi e11 strategy is employed rming groun technique

A: Decision making refers to the procedure of making the choices through assessing, identifying the dec...

Q: ABC Company Sdn. Bhd. received an invoice of RM35,000 dated 24 May 2020 with trade discounts of 20%,...

A: Single equivalent discount is the single discount rate which is equivalent to the series of discount...

Q: Question 5 of 5 Sunland Frame Camera Shop uses the lower-of-cost-or-net realizable value b December...

A: The price of the goods still available for purchase and held by a company at the end of an accountin...

Q: What  are  the  main types  of  decisions  made  by  the  financial  managers  of  a company?

A: FINANCIAL manager  are managers  responsible for important decisions in the company and responsible ...

Q: Bernon Corporation is using a predetermined overhead rate that was based on estimated tota manufactu...

A: Manufacturing overhead costs are the sum of all indirect costs incurred during the manufacturing pro...

Q: QS 2-6 Analyzing transactions and preparing journal entries LO P1 For each transaction, (1) analyze ...

A: The accounting equation states that assets equal to sum of liabilities and equity. The journal entri...

Q: Internal Rate of Return Method The internal rate of return (IRR) method uses present value concepts ...

A:

Q: Mooresville Corporation manufactures reproductions of eighteenth-century, classical-style furniture....

A: Predetermined overhead rate refers to the rate which is determined at the beginning of accounting pe...

Q: Bonita Company sells tablet PCs combined with Internet service, which permits the tablet to connect ...

A: Journal entry is used to record a business during an accounting year showing double-entry accounting...

Q: the imals were sold or disposed of during the year.

A: Biological assets are those assets which is any living animal or the plant owned through the busines...

Q: Kyrie Inc. can make 10,000 banners per month. Kyrie can sell 9,000 banners per month to NBA fans for...

A: Answer) Calculation of Incremental Profit (Loss) from the special order    Amount Sales R...

Q: . . . . . . . 102,000  115,000 Depreciable Fixed Assets . . . . . . . . . . . . . . . . . . . . . . ...

A: Retained earnings refer to the sum of money remaining at a company after it has distributed the desi...

Q: The monthly income statement for Jordan Stores is given below:   1st Branch   2nd Branch   Total...

A: In the given question, if 1st branch is eliminated, all the revenues and costs associated with the b...

Q: reported the following: Asset – Php400 Million; Liabilities – Php100 Million; Assuming Lumina Inc ha...

A: Book to market ratio = Book value per share/ Market value per share where, Book value per share = To...

Q: On 17 June 2020, RM7,000 was saved in a bank that offered 6.6% simple interest per annum. Find the a...

A: Solution Concept Under exact simple interest number of days taken in a year is 365 days Given Da...

Q: and financlal statements LO P1, Individuals who pay tultion directly to s prepald expenses and unear...

A: Income statement shows the revenue earned and expenses incurred . It calculated the profit or loss o...

Q: Bramble Company just took its physical inventory. The count of inventory items on hand at the compan...

A: Inventory is: An asset Used to generate revenue or has a monetary worth, or An asset that is in th...

Q: The following income statement items appeared on the adjusted trial balance of Schembri Manufacturin...

A: An income statement is a financial report that indicates the revenue and expenses of a business. It ...

Q: Edney Company employs a standard cost system for product costing. The per-unit standard cost of its ...

A: Overheads are the necessary indirect expenses incurred during cost of production to ascertain the co...

Q: Prepare a journal entry for each transaction. If an amount box does not require an entry, leave it b...

A: Job cost sheet is the journey of  raw material  purchase to sales 

Q: Which of the following types of pension plan will provide benefits that are dependent on the return ...

A: Defined Contribution Plan Defined contribution plan which allows the employees and the employer to i...