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1)My News how to take a creenchon x + DAS

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1)My News how to take a creenchon x + DAS. CAR Alia Are you in the US middlex Och 4: Practice Da HA-2 Dom WP Aurument Player x F4-14 Analyne Adjusted Dex ++ Co Assessment.education.wiley.com/wa/ui/v2/assessment-player/indes.html?sunchid=707114fd-0981-136e-8607-29340-030512x/question/ G che Practice Do It.4-2. Do-It-3. 64-6, 64-10 & 64-19 Question 5 of -/3 View Police Current Attempt in Progress This is a partial adjusted trial balance of Ramon Company RAMON COMPANY Adjusted Tria RANCA kantary 31, 2017 Debit Credit Supplies $700 Prepaid insurance 1,560 Salaries and Wages Payable $1.060 Uneared Service Revue 750 Supellex Expert 950 Intrance Free 520 Series od Wyrwy Cupero 1,500 Service Revenue 4000 Prepare the closing entriesser 31, 2017 Ore entry is required. "No Entry for the account titles and enter for the amounts Credit accountries are automatically indented when the amount is entered Doncindent manually! Debit Credit Date Account Tities and Explanation Jan. 31 (Taclose revenue arrunt) Jan. 31 (To close expense accounts) Jan. 31 To close not income / loss)) eTextbook and Media List of Accounts Safor Later Att:of used Submit Antwer Type here to search O DENG 12:42 AM WM20.

2) Ergodesign Company manufactures premium working desks for offices and has a renowned reputation for producing a high quality product at a reasonable price. The working desks are usually made of wood or metal, although materials such as glass are sometimes seen. Furthermore, the manufactured working desk parts (e.g. compartments, drawers, pigeonholes) with varying option allow customization to fulfil the needs of the customer. Ergodesign budgeted manufacturing overhead costs for the year 2019 as on the table below: No. Overhead Cost Pools Amount 1 Procurement 585,000.00 2 Materials handling $92,000.00 3 Inventory Control (raw materials & finished goods) $136,000.00 Machines setup $115,000.00 5 Production (measuring, cutting, assembling, finishing) $220,000.00 6 Inspecting and checking $100,000.00 7 Utilities $190,000.00 8 Total budgeted overhead costs $938,000.00 4 Comments In the last two years, Ergodesign has been assigning overhead costs to the product on the basis of machine hours. In this year (2019), Ergodesign budgeted 100,000 machine hours in order to meet customer demand Other than that, the CEO of Ergodesign instructed the CFO to use the activity-based costing system. The CFO recognised the following cost drivers including the expected use of each cost drivers based on the earlier budgeted overhead cost pools No 1 2. Expected Use of Cost Drivers 700 8,100 3 Overhead Cost Pools Cost Drivers Procurement Number of orders Materials handling Number of moves Inventory Control (raw materials & finished goods) Number of components Machines setup Number of setups Production (measuring cutting, assembling, finishing Direct labor hours Inspecting and check ng Number of inspections Utilities Square meter occupied 178,000 1,300 5 6 110,000 7,000 100.000 7
5 6 cutting, assembling, finishing) Direct labor hours Inspecting and checking Number of inspections Utilities Square meter occupied 110,000 7,000 100,000 7 The CMO has received a request for proposal (RFP) from a state-owned enterprise (SOE) for manufacturing 300 working desks. Therefore, the CFO needs to determine the costs of producing 300 working desks in order to submit a bid price per working desks to the state-owned enteprise. The CFO gathers the following data for the production of 300 working desks. No. 1 2 3 4 Description Direct materials (DM) Direct labor (DL) Direct labor hours Machine hours Number of purchase orders Number of material moves Number of machine setups Number of inspections and I checks Number of components Amount $113,600.00 $122,000.00 6000 15500 70 900 5 6 7 200 8 550 17000 9 Number of square meters Occupied 10 9000
10 Number of square meters occupied 9000 Instructions Calculate the predetermined overhead rate using traditional costing system with the basis of machine hours (round the final answer to two decimal places) 2 3 Determine the manufacturing cost per working desk under traditional costing system (round intermediate calculations to zero decimal & round final answer to two decimal places). Determine the manufacturing cost per working desk under activity-based costing (ABC) system and prepare the necessary schedules I Choose and explain of the two costing systems that are better for pricing decisions. Classify each of the activities as a value-added activity or a non-value-added activity.

3)Cash flows from operating activities-indirect method OBJ. 2 Demers Inc. reported the following data: Net income $490,000 Depreciation expense 52,000 Gain on disposal of equipment 26,500 Decrease in accounts receivable 32,400 Decrease in accounts payable 12,350 Prepare the cash flows from operating activities section of the statement of cash flows, using the indirect method. PE 16-5A Land transactions on the statement of cash flows OBJ. 2 Simkin Corporation purchased land for $420,000. Later in the year, the company sok a different piece of land with a book value of $155,000 for $110,000. How are the effects of these transactions reported on the statement of cash flows? PE 16-8A Free cash flow OBJ. 4 McMahon Inc. reported the following on the company's statement of cash flows in Year 2 and Year 1: Year 2 Year 1 Net cash flow from operating activities $ 294,000 $ 280,000 Net cash flow used for investing activities (224,000) (252,000) Net cash flow used for financing activities (63000) (42,000) Seventy percent of the net cash flow used for investing activities was used to replace existing capacity 1. Determine McMahon's free cash flow for both years. b. llas McMahon's free cash flow improved or declined from Year 1 to Year 2?