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Question 1: An engineer bought an equipment for Php 500,000. He spent an additional amount of Php 30,000 for installation and other expenses. The estimated useful life of the equipment is 10 years. The salvage value is x% of the first cost. Using the straight line method of depreciation, the book value at the end of 5 years will be Php 291,500. What is the value of x?
what are giannas ethical responsibilities if any with respect to the information she has learned through her duties as
Determine when will Best Buy record revenue from the sale? A company receives cash in March for services that it will provide in April.
Carter company uses a weighted average process costing system. If Dixie transferred out 11,750 units, how many units were in ending Work in Process inventory
Journalize the entries to record the transactions. If an amount box does not require an entry, leave it blank
Compute the cost of goods sold for the first six months under the periodic FIFO inventory pricing method.Compute the ending inventory at June 30
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In your own words, discuss circumstances under which it would be appropriate to utilize each of the techniques (payback period, net present value.
builder bug company allocates overhead at 9 per direct labor hour. job a45 requires 5 boxes of direct materials at a
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Volkswagen Group reports the following information for property, plant and equipment as of December 31, 2008, along with additions, disposals, depreciation.
The risk-free rate is 4%, the market risk premium is 6%, Compute the value of one share of GIS stock using Dividends Valuation Approach
actual overhead was $1,700,000. What is the amount of under or over applied overhead for the year
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