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Question too long to be here. It's down there on my details part
Question too long to be here. It's down there on my details part
Rono, Wambulwa and Nora have been trading in partnership asYouandi Enterprises sharing profits and losses in the ratio of 2:2:1 respectively. They have presented the following profit and loss account of the firm for the year ended 31 December 2017:


Sh.000                     Sh.000
Gross profit     &nb
Accounting   Mugo   102   Asked 9 months ago
Question down there on my details
Question down there on my details
Mr. A. Kiriama prepared the following profit and loss account for his business for the year ended
31 December 2017

Income
Sh.                           Sh. Sales                                      &nb
Accounting   Mugo   78   Asked 9 months ago
Question too long... But it's on my details part down there. Please help
Question too long... But it's on my details part down there. Please help
The management of Nyakwerigeria Ltd a registered supplier of vatable goods presented the following information relating to the companies transactions for the month of October 2017.


Sh.
Sales at standard rate
36,000,000

Sales at zero-rate
14,000,000

Export sales
4,000,000

Exempt sales
6,000,000

Purc
Accounting   Mugo   81   Asked 9 months ago
Statement of Activities
Statement of Activities
Presented below is information for the governmental activities for the City of Pleasant Hill for the year ended December 31, 20X9 (all amounts are in thousands of dollars).

General property taxes revenue      $13,000
Unrestricted grants      4,000
Restricted grants for public safety      1,200
Capital grants for highways      300
Increase in fair value of investments   
Accounting   derro   79   Asked 10 months ago
Financial Statement Preparation
Financial Statement Preparation
The accounts listed below are taken from an Internal Service Fund adjusted trial balance (all amounts are in thousands):

Accounts    Debit   Credit
 Accounts Payable        $44
 Accumulated Depreciation – Buildings        200
 Accumulated Depreciation – Furniture and Equipment        210
 Billings to Departments        981
 Buildings    $319   
 Capital Contributio
Accounting   derro   159   Asked 10 months ago
Managerial Accounting
Managerial Accounting
12.   Why might a company want to take lean thinking a step further by including operations and methods associated with sustainability?
Accounting   needanswersnowp   79   Asked A year ago
Prinkle Corporation purchased equipment for $53,000 on January​ 1, 2016. On December​ 31, 2018, ...
Prinkle Corporation purchased equipment for $53,000 on January​ 1, 2016. On December​ 31, 2018, ...
Prinkle Corporation purchased equipment for $53,000 on January​ 1, 2016. On December​ 31, 2018, the equipment was sold for $24,000. Accumulated Depreciation as of December​ 31, 2018 was $26,000. Calculate gain or loss on the sale
Post Merge: 2 years ago

The answer was B $3000
Accounting   lonam   216   Asked 2 years ago
Break-Even Point & Selling Price
Break-Even Point & Selling Price
Please note if you have no idea on part B no problem. I am having trouble finding "a", the required selling price though

(​Break-even point and selling price​)
  Parks Castings Inc. will manufacture and sell 220,000units next year.  Fixed costs will total ​$330,000​,
      and variable costs will be 40 percent of sales.
Accounting   celtic   104   Asked 2 years ago
Rubber City Cycles manufactures carbon fiber bicycle frames for professional racing and avid amateur ...
Rubber City Cycles manufactures carbon fiber bicycle frames for professional racing and avid amateur ...
Rubber City Cycles manufactures carbon fiber bicycle frames for professional racing and avid amateur cyclists. Rubber City has found a CNC (computer numerical control) machine that will significantly reduce manufacturing waste while improving the quality of the frames. The new CNC machine will increase annual fixed costs by $13,750, but will decrease variable cost per unit by $150.
Accounting   TY030   623   Asked 2 years ago
Omislav is feeling really lucky this week and therefore decides to buy two lottery tickets; one from ...
Omislav is feeling really lucky this week and therefore decides to buy two lottery tickets; one from ...
Tomislav is feeling really lucky this week and therefore decides to buy two lottery tickets; one from Lotto 6/49 and one from Lotto Max. The probability of winning when playing Lotto 6/49 is 0.0000000715 and the probability of winning from Lotto Max is 0.00000001164.
a) Explain why the two lotteries are independent.
b) Find the probability that Tomislav wins both lotteries
Accounting   ma16lm   394   Asked 2 years ago
A company received a bank statement with a balance of $6,000. Reconciling items included a ...
A company received a bank statement with a balance of $6,000. Reconciling items included a ...
A company received a bank statement with a balance of $6,000. Reconciling items included a bookkeeper error of $400long dash—a $400 check recorded as $500long dash—two outstanding checks totaling $800​, a service charge of $20​, a deposit in transit of $250​, and interest revenue of $21. What is the adjusted bank​ balance?

A.$5,450
B.$5,391
C.$4,951
D.$5,05
Accounting   bellezaenrosa   749   Asked 2 years ago
5.The textbook discusses three levels of variances, Level 0, Level 1, Level 2, and Level 3. Briefly
5.The textbook discusses three levels of variances, Level 0, Level 1, Level 2, and Level 3. Briefly
What are each level of variances in cost accounting?
Accounting   JAlexandre   315   Asked 2 years ago
London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. ...
London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. ...
Show all work for partial credit.
1. London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. Job #266 consists of 2,500 tiles; each tile sells for $10.00. The company's records show the following direct materials were requisitioned for Job #266.

Basic terra cotta tiles:  2,500 units
Specialty paint: 
Accounting   Bubble94   456   Asked 2 years ago
Santora Company manufactures two products - toaster ovens and bread machines. The following data are ...
Santora Company manufactures two products - toaster ovens and bread machines. The following data are ...
Santora Company manufactures two products - toaster ovens and bread machines. The following data are available:

   Toaster Ovens   Bread Machines
Sales price   $70   $170
Variable costs   $50   $70

Santora can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Santora's production capacity is 2,000 machine hours per mont
Accounting   Deprecated   428   Asked 2 years ago
If the volume of activity doubles in the relevant range, total variable costs will also double.
If the volume of activity doubles in the relevant range, total variable costs will also double.
If the volume of activity doubles in the relevant range, total variable costs will also double.
A) True
B) False
Accounting   Deprecated   321   Asked 2 years ago
The costs that are transferred out from one process to another process become transferred in costs ...
The costs that are transferred out from one process to another process become transferred in costs ...
The costs that are transferred out from one process to another process become transferred in costs for the receiving process.
A) True
B) False
Accounting   H3Ko   476   Asked 2 years ago
Complete a performance report through the segment margin line?
Complete a performance report through the segment margin line?
Carvell Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year.
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . .$1,106,640
Variable Cost of Goods Sold . . . . . . . . . .$165,996
Variable Operating Expenses . . . . . . . . . .$223,938
Direct Fixed Manufactu
Accounting   nharoun   385   Asked 2 years ago
Preparing a performance report through the contribution margin line?
Preparing a performance report through the contribution margin line?

Carvell Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year.
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . .$1,106,640
Variable Cost of Goods Sold . . . . . . . . . .$165,996
Variable Operating Expenses . . . . . . . . . .$223,938
Direct Fixed Man
Accounting   nharoun   181   Asked 2 years ago
Brandi and her husband are planning for retirement. They feel they will need to
Brandi and her husband are planning for retirement. They feel they will need to
Brandi and her husband are planning for retirement.  They feel they will need to receive a payment of $50,000 each year for 20 years.  If their investments earn a 9% annual return over the course of their retirement, what amount must they have accumulated at the time of their retirement to fund this payment?
Accounting   alibrunner   238   Asked 2 years ago
If Sandy is offered $5000 today in exchange for $1000 each year for the next fiv
If Sandy is offered $5000 today in exchange for $1000 each year for the next fiv
If Sandy is offered $5000 today in exchange for $1000 each year for the next five years at 7% interest compounding
Accounting   alibrunner   177   Asked 2 years ago
Jackie has the following information to evaluate - her current salary of $74,000
Jackie has the following information to evaluate - her current salary of $74,000
jackie has the following information to evaluate - her current salary of $74,000 versus total revenues of $100,000 and expenses of $65,000 from starting a new business.  How much is the opportunity cost associated with staying at her current job?
a. $(9,000)
b.  $74,000
c.  $35,000
d.  $165,000
Accounting   M2OI   1292   Asked 3 years ago