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Price factor 3 cost factor 4 volume factor 10 gross

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2. Price factor.3. Cost factor.4. Volume factor.
10. GROSS PROFIT ANALYSIS (MULTI-PRODUCT COMPANY)The following data were given for Vamos Company:20092010Product AProduct BProduct AProduct BSales volume6,0004,0003,0005,000Unit selling price10695Unit cost6343REQUIRED:1. Overall GP variance4. Volume factor2. Price factor5. Mix factor3. Cost factorAdditional Exercises:(Sources: CMA/CIA/RPCPA/AICPA/Various test banks)1. In financial statement analysis, expressing all financial statement items as a percentage of base yearamounts is called
2. Horizontal, vertical, and common-size analyses are techniques that are used by analysts inunderstanding the financial statements of companies. Which of the following is an example of vertical,common-size analysis?
3.In a single-period common-size income statement, the base amount (100%) is normally the
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4. The statement of cash flowsa. Reports the revenues earned and expenses incurred by the firm during the period.b. Shows the company’s total assets, broken down into current and non-current assets.c. Shows the company’s capital structure for a period of time.d. Reports the periodic inflows and outflows in operating, investing and financing activities.
5. Under the direct method of determining net cash provided by operating activities on the statement ofcash flows, a gain on sale of plant assets would be:
6. The income statement of Jollibee Company shows operating expenses of P265. The followinginformation is also available:Prepaid expenses, 1/1P14Accrued expenses, 1/140Prepaid expenses, 12/3121Accrued expenses, 12/3136Cash paid for operating expenses was

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Term
Summer
Professor
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Tags
Balance Sheet, Generally Accepted Accounting Principles, Arius Company

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