1-2 years 15% 2-3 years 20% 3-4 years 30% 4-5 years 40% 5-6 years 50% 6-7 years 60% 7-8 years 70%. What is the Customs Value of the Land Rover Discovery II TDV6 HSE?
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- b) Write Excel Formulas for given data sheet A B D E 1 Product Product Price per Sales tax(10% |Net Price No item of price) ? name 2 1 Mouse 5000 keyboard joyStick 3 1000 4 3 1500 4 VGA cable 800 6. Monitor 15000 Total price of all items 5% concession on total price 7 ? 8 ? 9. Total bill ? Dage 2131.1 REQUIRED Use the first-in-first-out (FIFO) method to complete the table provided below for the stated transactions. INFORMATION The following transactions of Max Enterprises took place during August 2022 in respect of a component used in production: Date Transactions 01 07 15 24 27 30 Opening inventory Purchased from a supplier Date Issued to production Purchased from a supplier Returned to the supplier (see 24") Issued to production Table to complete: Purchases Quantity Price 180 units @ R10 per unit 900 units @ R11 per unit 630 units 540 units @ R12 per unit 100 units 600 units Issues and returns Amount Quantity Price Amount Quantity Balance Price AmountTB MC Qu. 6-93 Inventory records for Marvin Company... 38 Inventory records for Marvin Company revealed the following: of Onite Cost Мar. 1 Beginning inventory 960 $7.28 34 Mar.10 Purchase 570 7.71 Mar.16 Purchase 790 8.16 Mar.23 Purchase 550 8.56 Marvin sold 1,960 units of inventory during the month. Cost of goods sold assuming FIFO would Round your answer to the nearest dollar amount.) Multiple Choice $13,942.
- 10. Prepare a statement showing the pricing of issues, on the basis of FIFO, LIFO, Weighted average method 2018 March 1 Purchased 300 units @ 9.5 each 2 Purchased 200 units @ OMR 9.25 each. Issued 250 units to Job X vide M.R.No.12 Purchased 100 units @ OMR 9.50 each Purchased 100 units @ OMR 9.80 each Issued 300 units to Job Y vide M.R.No.15 Issued 100 units to Job Z vide M.R.No.17 Purchased 200 units @ OMR9.90 each Issued 150 units to Job K vide M.R.No.25 10 13 18 20 25Assume the following data for Eim Alex Company for the years 2019, 2020, and 2021. Year Lifting.(Production) Costs (excluding DD&A) DD&A Production bbl 2019 750,000 855,000 325,000 2020 685,000 787,000 297,000 2021 578,000 729,000 362,000 Compute the DD&A per BOE for 2019. O 2.6308 2.6380 2.3680Calculate the tax base for Machine A on 29 February 2016: Cost: R5 000 000, purchased on 1 March 2014Wear and tear allowance: Year 1: 40% ; Year 2 to Year 4: 20% a. R3 000 000 b. R2 000 000 c. R2 500 000 d. R4 000 000
- The products of ABC can be grouped into two major categories: products A1 and A2 are in Category A, while products B1 and B2 are in category B. Assume the following information regarding ABC's inventories for year 2021: Product A1 Transaction Number of Units Unit Cost Unit Price Beginning inventory 400 €5 Purchase No. 1 400 €5 Sale No.1 600 €10 Sale No.2 100 €12 Purchase No. 2 1,000 €7 Sale No.3 700 €10 Purchase No. 3 1,000 €7 Sale No.4 600 €15 Sale No.5 600 €15 Purchase No. 4 1,200 €9 Selling price as at December 31, 2021 €14 Product A2 Transaction Beginning inventory Number of Units 500 Unit Cost €8 Unit Price Sale No.1 400 €12 Purchase No. 1 600 €8 Purchase No. 2 500 €7 Sale No.2 650 €12 Purchase No. 3 150 €9 Purchase No. 4 200 €8 Selling priceas at December 31, €11 2021…Purchased 500 coasters on account from the regular supplier on 12/1 at a unit cost of $0.52, with terms of n/60. Record the transaction.Information: The following transactions of Heron Ltd took place during January 2022 in respect of component X used in production: Jan 01 08 12 15 18 25 27 Stock of component X on hand Issued to production Purchased from supplier Returned to supplier (purchased on 12 January 2022) Issued to production Purchased from supplier Issued to production 150 units @ R24 per unit 110 units 200 units @ R25 per unit 30 units 170 units 140 units @ R26 per unit 130 units Required: Calculate the value of closing inventory on 31 January 2022 using the: 2.1.1 First-in-first-out (FIFO) method 2.1.2 Weighted Average Cost Method
- 2. The following data are given on the only one product of Glory Co. 2020 2021Sales volume 3,000. 2,600Unit Selling price. P 8.00. P 11.00Unit cost. 5.00 9.00 Prepare the gross profit statement and analyze the variation in gross profites Required information [The following information applies to the questions displayed below.] Tracy Company, a manufacturer of air conditioners, sold 125 units to Thomas Company on November 17, 2024. The units have a list price of $720 each, but Thomas was given a 30% trade discount. The terms of the sale were 2/10, 1/30. 3-a. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2024, assuming that the net method of accounting for cash discounts is used. 3-b. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2024, assuming that the net method of accounting for cash discounts is used. Complete this question by entering your answers in the tabs below. Req 3A Req 3B Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2024, assuming that the net method of accounting for cash discounts is used. Note:…Exan cdn.student.uae.examus.net/?rldban=D1&sessi.. AC T101 FEX_2021_2_Male of A company's net sales for October were SR10,000. and had SR5,000 gross margin. itS cost of goods sol would be : 30 - 34 -> 114- a. 10,000 5 b.2,000 abe18ce33 95%.e18 C. 5,000 95abe18ce33 d. 15,000 95abe18ce33 95abe18ce 33 95abe18c 95abe18ce33 95abe18ce 33 95abe18ce33 సెక్ల MacBook Pro Co 80 F3 2. ア 888 000 F4 3. F5 TE 5 6 7 F7 & T. 7 V Y 8A U **** S4