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Brussels Company establishes its budget for revenues based upon client visits. The budget for the current month was for 2,100 client visits, and Brussels budgets revenues of $40 per visit. The actual number of client visits for the month was 2,050 and total revenues were $82,960. What is the activity variance for revenue? What is the spending variance for the budget?
Explain how purchase of the apple press might affect the company's revenue goals. Based on this information, explain whether Anthony's Orchard should invest in the apple press.
Examine the steps involved in the preparation of an advance plan for the distribution of cash in a partnership liquidation to determine which step is the most difficult to execute correctly. Discuss possible ways to address the difficulties you id..
As the sales increases further it is recommended that both strategies are used forever as in goods business the better the customer is aware of the goods and deals better would be its demand.
Fundamentals of accounting assignment - Write up assets, capital and liability accounts in the books of D. Gough
Rasmussen company sells only one product at a regular price of 30$ per unit. Variable expenses are 75% of sales and fixed expenses are 44000$. Management has decided to decrease the selling price to 25.50$ in hopes of increasing its volume of sales. ..
Journalize entries to record the following - May1 Initial acquisition of the bonds - Nov.1 Semi annual interest received 1Sale of the bonds.
You are a newly appointed consultant in XYZ Financial Consultant Company - You provide financial consultancy to multiple different companies.
Journalize the entries to record the preceding transitions and purpose the investment related asset and stockholders equality balance sheet disclosures for Roman Products.
A number of business transactions carried out by Smalling Manufacturing Company are as follows: a.Borrowed money from a bank. b.Sold land for cash at a price equal to its cost. c.Paid a liability. d.Returned for credit some of the office equipment pr..
Sales: Sales for the year are expected to total 1,400,000 units. Quarterly sales are 20%, 24%, 24%, and 32%, respectively. The sales price is expected to be $39 per unit for the first three quarters and $44 per unit beginning in the fourth quarter.
Address your message to your creditors and explain the general goals of financial reporting and the steps you took in the recording process. How the steps you took support the principles of accounting?
Gacia Company issued $600,000 of 8%,5-year bonds at 106, with interest paid annually.Asuming straight-line amortization, what is the carrying value of the bonds after one year?
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