Attachment # 00000176 - Unit_3_templates_P_5-33_and_P_6-25_(1).xlsx
Unit_3_templates_P_5-33_and_P_6-25_(1).xlsx (34.25 KB)
Raw Preview of Attachment:
(refer to the detailed question and attachment below)
Student Name:Class:Problem 05-33Requirement a.CLEAR PHOTOGRAPHY, INC.Goods Available for SaleCostUnitsper UnitBeginning Inventory@=First PurchaseSecond PurchaseTotalRequirement a. (1) Cost of Goods Sold and Ending InventoryCost FIFO - Cost of Goods Sold of Goods SoldFrom Beginning InventoryFrom First PurchaseFrom Second PurchaseTotal Units SoldEndingFIFO - Ending InventoryInventoryRequirement a. (2) Cost of Goods Sold and Ending InventoryLIFO - Cost of Goods Soldof Goods soldLIFO - Ending InventoryTotal Ending InventoryRequirement a. (3) Weighted Average¸Cost of Goods SoldEnding Inventory:Computation of Income Tax Expense and Net IncomeWeightedFIFOLIFOAverageSalesGross MarginOperating ExpensesNet Income Before TaxIncome Tax (40%)Net IncomeRequirement b.Financial StatementsIncome StatementsFor the Year Ended December 31, 2012Weight. Av.Income Tax ExpenseBalance SheetsAs of December 31, 2012Assets Cash Merchandise InventoryTotal AssetsStockholders' Equity Common Stock Retained EarningsTotal Stockholders' EquityStatement of Cash FlowsWeight Av.Cash Flows From Operating Activities: Cash Inflow from Customers Cash Outflow for Inventory Cash Outflow for Operating Expense Cash Outflow for Income TaxNet Cash Flow from Operating ActivitiesCash Flows from Investing ActivitiesCash Flows from Financing ActivitiesNet Change in CashPlus: Beginning Cash BalanceEnding Cash BalanceProblem 06-25O'BRIAN SERVICE COMPANYDepreciationRequirement a: Straight Line Cost Delivery Cost Total Cost Less: Salvage Value Depreciable Cost Estimated Life 2012 Depreciation 2013 DepreciationRequirement b: Units of Production Estimated Units of Production Cost per UnitRequirement c: Double Declining Balance2012: ($17,200 - 0) x (2 x .25) 2013: ($17,200 - 8,600) x (2 x .25) P 6-25DDB
Financial & Managerial Accting MBA-560 module 3 homework

Financial & Managerial Accting MBA-560 module 3 homework

Question # 00001027 Posted By: neil2103 Updated on: 09/12/2013 10:48 PM Due on: 09/18/2013
Subject Accounting Topic Accounting Tutorials:
Question
Dot Image
Financial & Managerial Accting MBA-560 module 3 homework
Dot Image
Attachments
Unit_3_templates_P_5-33_and_P_6-25_(1).xlsx (34.25 KB)
5-33_part_1_of_2.pdf (1074.68 KB)
5-33_part_2_of_2.pdf (910.29 KB)
6-25.pdf (961.04 KB)
Tutorials for this Question
  1. neil2103
    Tutorial # 00000891 Posted By: neil2103 Posted on: 09/12/2013 10:52 PM
    Puchased By: 4
    Tutorial Preview
    The solution of mba-560 unit 3 problem 5-33 and 6-25...
      Get the Solution
    Attachments
    sol_Unit_3_templates_P_5-33_and_P_6-25.xlsx (35 KB)
Whatsapp Lisa