Entries by mary WAMBUGU

Alpha Company is preparing its cash budget for the month of May. The company estimated credit sales for May at $200,000.

August 24, 2019 in /by

Alpha Company is preparing its cash budget for the month of May.  The company estimated credit sales for May at $200,000. Actual credit sales for April were $150,000. Estimated collections in May for credit sales in May are 20%.   Estimated collections in May for credit sales in April are 70%. Estimated Collections in May for credit sales prior […]

 

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Alpha Company has provided projected information as follows: Net sales $10,000 Fixed manufacturing costs $1,000

August 24, 2019 in /by

Question Alpha Company has provided projected information as follows:    Net sales                                    $10,000 Fixed manufacturing costs      $1,000 Additionally, Alpha has experienced a variable manufacturing costs of 45% of net sales and sees not changes during the budget period. Alpha expects that there will be no changes to any inventory values. Use this information to determine Alpha’s: . (Round […]

 

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Big Company purchased Small Company for $1,300,000. Small Company had assets with a fair value $1,200,000, and liabilities with a fair value of $200,000

August 24, 2019 in /by

Big Company purchased Small Company for $1,300,000. Small Company had assets with a fair value $1,200,000, and liabilities with a fair value of $200,000. Use this information to determine the dollar value of goodwill?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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A possible short-term problem in controlling overhead costs would be detected by which of the following variances? A. Both the fixed overhead spending variance and the volume variance.

August 24, 2019 in /by

Question [ 9 ] A possible short-term problem in controlling overhead costs would be detected by which of the following variances? A. Both the fixed overhead spending variance and the volume variance. B. Both the variable overhead spending variance and the volume variance. C. The spending variance but not the volume variance. D. The volume variance […]

 

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