Which of the following is an option for consolidating data into one table or worksheet? Use the VLOOKUP

Q: R. Red formed a corporation with an authorization of 20,000 shares of $50 par, 6% non-cumulative pre...

A: Hi student Since there are multiple questions, we will answer only first question. 

Q: elow roles is NOT performed by a management accountant?   Planning short run operations Implementing...

A: Solution: Management accounts is responsible for planning short run operations and helping managemen...

Q: The National Inc. will produce 5,000 boxes of chocolates next year. Variable costs is 60% of sales, ...

A: The question is related to Marginal Costing. The details are given as under Fixed Cost = P160000 Man...

Q: Cheyenne Company manufactures a check-in kiosk with an estimated economic life of 12 years and lease...

A: Journal entries (JE) refers to the entries which are recorded in the original or first book of accou...

Q: HO operates a branch in Makati. On October 31, 2017, the Branch Current account had a balance of P30...

A: The correct answer for the above question is given in the following steps for your reference 

Q: help me create an analysis on liquidity, profitability, short-term solvency, long-term solvency of t...

A: We are given the comparative data of last 5 years of Sega Sammy Holdings Inc. An analysis on liquidi...

Q: Required following dates March 1. 2017; September 1, 2017 and December31. 2017. Use the effective-in...

A:   Lastimosa Corporation Issuance of Bond March1, 2017                                    4,00,000...

Q: Example 2-17 Nancy Seigle earns a monthly salary of $3,100 for a 35-hour week. For overtime she rece...

A:

Q: Bulldogs Inc. currently has earnings before interest and taxes of P3,000,000, a degree of combined l...

A: Degree of Operating Leverage = Degree of Combined Leverage / Degree of Financial Leverage = 8 / 2 = ...

Q: 15 Factory security and assembly activities at an appliance manufacturing plant would be best classi...

A: Hi student Since there are multiple questions, we will answer only first question. 

Q: Don Johnson is the management accountant for Cari-Blocks (CB), which manufactures specialty blocks. ...

A: Formula Total Standard Manufacturing cost  = Standard Cost per block x No.of blocks produced.  

Q: Yearly Cost of Absenteeism $480,244 Total Salary $7,766,096 Percentage of Salary 6% Number of Workin...

A:                             The cost associated with absenteeism can be grouped as direct and indire...

Q: Use the following to calculate pretax income (IBT): $ Interest revenue 5,000 Sales revenue 300,000 I...

A: The income before tax is calculated as difference between total revenues and total expenses, before ...

Q: Condtruct the Journal Entry of the accounting equation: Ruiz established R Barbers on February 1 of...

A: The journal entries are prepared to keep the record of day to day transactions of the business. 

Q: A company that sells its single product for P40 per unit had after-tax net income for the past year ...

A: Solution...   Net income after tax = P1,188,000  Income before tax  = Income after tax ÷ (100% - tax...

Q: The December 31, 2019 statement of financial position of Help Company included the following informa...

A: Balance sheet:   It is a financial statement that states the value of assets, liabilities, and equit...

Q: Company 1 Company 2 Selling price per deck $ 3.00 $3.00 Cost of paper deck 0.62 0.65 Printing ink pe...

A: Breakeven is the point where company's profit is equal to 0. This is the point where company earns n...

Q: The contribution format income statement of Goma Corporation follows: Goma Corporation Income Statem...

A: Using absorption costing, the product cost comprises of the variable cost and fixed cost. The net in...

Q: On January 1, 2022, Lucas Company acquired 85% of outstanding shares of Luna Corp. The consideration...

A: Solution Non controlling interest is an ownership position wherein a shareholder owns less than 50% ...

Q: This is Lemon Company's first year of business and it sells smart phones for $400 that cost $200. Th...

A: liability for warranty is a liability account in which company record the amount of repair or the co...

Q: Total estimated direct labour cost $2,000,000 The WIP account given below relates to the activities ...

A: The manufacturing overhead cost is applied to the production on the basis of predetermined overhead ...

Q: What procedures must the auditor perform when gathering evidence related to contingencies? (Several ...

A: Contingencies liabilities depend on happening or not happening of the event. These are generally not...

Q: Required: 1. What is the contribution margin market share variance? 2. What is the contribution marg...

A: Sales Price variance = (Actual Price-Budgeted Price)*Actual Quantity Sales Volume Variance = (Actual...

Q: Teal Company, a major retailer of bicycles and accessories, operates several stores and is a publicl...

A: The question is related to Cash flow Statement. The Cash flow Statement is a summary of Cash receipt...

Q: Don Johnson is the management accountant for Cari-Blocks (CB), which manufactures specialty blocks...

A:

Q: Bulldogs Inc. forecasted the following data for 2022. ·      Forecasted unit sales is 20,000. ·    ...

A: Solution: Selling price per unit = P25 CM ratio = 40% CM per unit = P25*40% = P10 per unit

Q: Instructions 1. Prepare a 10-column worksheet. Show the adjustments (a) through (h)

A: Worksheet is a 10 column sheet being prepared in accounting, which first shows unadjusted general le...

Q: P Company purchased 60% of S Company on January 2, 2019 for P3,930,000 when S's book value was P6,30...

A: Non-controlling interest is the portion of the subsidiary which is not owned by the parent company. ...

Q: Rosario Company, which is located in Buenos Aires, Argentina, manufactures a component used in farm ...

A: Formula: Break even point in units = fixed cost / Unit contribution margin

Q: Sunland Leasing Company agrees to lease equipment to Coronado Corporation on January 1, 2020. The fo...

A: Accounting for Leases There are mainly two types of leases are there one is operating leases and cap...

Q: On December 1. 2021 Ebenezer Buenaventura opened EB Computer Shop, by investing P250,000 cash from h...

A: Journal entry recording is the initial step in accounting process, under which atleast one account i...

Q: Bulldogs Inc. currently has earnings before interest and taxes of P3,000,000, a degree of combined l...

A: Expected earnings before interest and taxes = Current Earnings before interest and taxes - (Current ...

Q: Use the following information for the next 2 items: 2022 Formula One World Championship pre-season t...

A: Solution Goodwill is an intangible asset that accounts for the excess purchase price of another comp...

Q: Prepare a balance sheet using the following information for the Ginger Company as of March 31,2019.

A: Balance Sheet   Current Assets   Cash 11050 Inventory 8230     Non current Assets   Equi...

Q: On January 4, 2021, P Company purchased 75% interest in S Corporation for P300,000. S's recorded ass...

A: When preparing consolidated financial statements, inter company transactions shall be eliminated to ...

Q: When Sheffield counted its inventory on June 30, it determined that there were 120 books with a tota...

A: Journal entry is a primary entry that records the financial transactions initially. The company woul...

Q: your given the following information about a home loan: loan amount 300000 number of years 25 years ...

A: The internal rate of return in banking industry is the rate of return at which the present values of...

Q: Total Contribution Margin Break-Even Sales Revenue Sales Revenue Variable Expenses Fixed Expenses Ne...

A: Formula: Total contribution margin = Sales revenue - variable expenses

Q: Susan and Stan Collins live in Iowa, are married and have two children ages 6 and 10. In 2020, Susan...

A: A tax credit is a monetary amount that taxpayers can deduct straight from their tax returns. Unlike ...

Q: 2. Gabriela Company’s auditor discovered that the company inadvertently overstated ending Inventory ...

A: Inventory means the goods in which the business deals. Inventory should be valued correctly  as it i...

Q: P Corporation purchased 60% of the shares of S Corporation on January 01, 2019 for P2,200,000. On th...

A: Introduction Consolidated retained earnings are same as retained earning it is shown under a shareho...

Q: PR 14-48 Entries for bonds payable and installment note transactions OBJ. 3,4 The following transact...

A: A journal entry is a form of accounting entry that is used to report a business transaction in a com...

Q: You and Sunny are arguing whether tax laws can be retroactive in its application. Sunny noted that t...

A: Retroactive in the taxation system Retroactive in the taxation to the taxpayer which was allowed in ...

Q: Data concerning NikNik Corporation's activity for the 6 months appear below: Machine Electrical Cost...

A: High low method is a method of cost estimation under which variable costs and fixed costs are being ...

Q: If all the partners are insolvent and the non-cash assets were sold at P 10,000, what is the entry t...

A: Loss on sale of Non cash assets = P500,000 - P10,000 = P490,000

Q: Greenspan Supply does not segregate sales and sales taxes at the time of sale. The register total fo...

A: Workings: Greenspan supply can segregate the sales and sales tax payable by computing the sales tax ...

Q: Teal Company, a major retailer of bicycles and accessories, operates several stores and is a publicl...

A: The financial statements are prepared on accrual basis hence we need to convert it into cash basis t...

Q: Gloria Detoya and Esterlina Gevera have operated a successful partnership for years, sharing profit ...

A: The partnership comes into existence when two or more persons agree to do the business and further s...

Q: Brandywine Corp. reported the following information for 2016 and 2017: Interest payable, 31 December...

A: Cash paid for interest = Beginning interest payable + interest expense - ending interest payable

Q: SD acquired the net assets of both GM and SR. Paying cash in the amount of P185,000 and by issuing 1...

A: A merger refers to the business arrangement under which two existing companies form the new company....