1. How the U.S financial crisis affect the stock market in Taiwan?
2. How the U.S financial crisis affect house price?

Boston Pharmaceutical manufactures metal stents for heart patients and has budgeted sales (in units) for 2019 as

follows:

January: 50,000 February: 40,000 March 60,000

April: 50,000 May: 40,000 June: 60,000

July: 50,000 August: 40,000 Sept: 60,000

October: 50,000 Nov.: 40,000 Dec. 60,000

The company is in the process of preparing a production budget for 2019. Boston plans to maintain ending inventory

levels equal to 10% of the following month's sales. The ending inventory at the end of 2018 was 5,000 stents and

75,000 stents are expected to be sold in January 2020.

Required: (Print all three budgets on the same page)

(a) Prepare a production budget for 2019. In your production budget you should show the number of stents to be

manufactured each month and for the year in total.

(Print all budgets in landscape)

(b)Refer to the original data. Prepare another production budget for 2019 assuming that budgeted sales will

increase 5% per month and 72,000 stents are expected to be sold in January 2020.

(c)Refer to the original data. Prepare another production budget for 2019 assuming that budgeted sales will

decrease by 15% a month and 60,000 stents are expected to be sold in January 2020.

18. Marigold Corp.'s accounting records reflect the following inventories:

During 2020, Marigold purchased $890000 of raw materials, incurred direct labor costs of $175000, and incurred manufacturing overhead totaling $224000.
How much is total manufacturing costs incurred during 2020 for Marigold?

$1289000

$1244000

$1232000

$1295000

17. Gulick Company developed the following data for the current year:

Gulick Company's ending work in process inventory is

$216,000.

$480,000.

$456,000.

$696,000.

16. Bramble Corp. developed the following data for the current year:

Bramble Corp.'s ending work in process inventory is

$296000.

$640000.

$956000.

$626000.

Problem 5-10 Long-term contract; revenue recognition over time [LO5-8, 5-9]

[The following information applies to the questions displayed below.]
  
In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows:

Westgate recognizes revenue over time according to percentage of completion.

rev: 09_15_2017_QC_CS-99734

Problem 5-10 Part 5

5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Loss amounts should be indicated with a minus sign.)

Required information [The following information applies to the questions displayed below.] In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows: 2018 2019 2020 Cost incurred during the year $ 2,490,000 $ 3,984,000 $ 2,008,600 Estimated costs to complete as of year-end 5,810,000 1,826,000 0 Billings during the year 2,030,000 4,444,000 3,526,000 Cash collections during the year 1,815,000 3,900,000 4,285,000 Westgate recognizes revenue over time according to percentage of completion. rev: 09_15_2017_QC_CS-99734 5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Loss amounts should be indicated with a minus sign.) 2018 2019 2020 Cost incurred during the year $ 2,490,000 $ 3,815,000 $ 3,945,000 Estimated costs to complete as of year-end 5,810,000 4,130,000 0 rev: 09_15_2017_QC_CS-99734 Next Visit question mapQuestion 5 of 8 Total 5 of 8 Prev

I posted this question before too but answer was wrong can you please make sure the answer is right

Required information

[The following information applies to the questions displayed below.]

In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows:

Westgate recognizes revenue over time according to percentage of completion.

rev: 09_15_2017_QC_CS-99734

4. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Loss amounts should be indicated with a minus sign.)

At December 31, 2017, Cord Company's plant asset and accumulated depreciation and amortization accounts had balances as follows:

Depreciation methods and useful lives:
Buildings—150% declining balance; 25 years.
Machinery and equipment—Straight line; 10 years.
Automobiles and trucks—150% declining balance; 5 years, all acquired after 2014.
Leasehold improvements—Straight line.
Land improvements—Straight line.

Depreciation is computed to the nearest month and residual values are immaterial. Transactions during 2018 and other information:

a.On January 6, 2018, a plant facility consisting of land and building was acquired from King Corp. in exchange for 34,000 shares of Cord's common stock. On this date, Cord's stock had a fair value of $50 a share. Current assessed values of land and building for property tax purposes are $210,000 and $630,000, respectively.

b.On March 25, 2018, new parking lots, streets, and sidewalks at the acquired plant facility were completed at a total cost of $246,000. These expenditures had an estimated useful life of 12 years.

c.The leasehold improvements were completed on December 31, 2014, and had an estimated useful life of eight years. The related lease, which would terminate on December 31, 2020, was renewable for an additional four-year term. On April 30, 2018, Cord exercised the renewal option.

d.On July 1, 2018, machinery and equipment were purchased at a total invoice cost of $334,000. Additional costs of $10,000 for delivery and $59,000 for installation were incurred.

e.On August 30, 2018, Cord purchased a new automobile for $13,400.

f.On September 30, 2018, a truck with a cost of $24,900 and a book value of $10,800 on date of sale was sold for $12,400. Depreciation for the nine months ended September 30, 2018, was $2,430.

g.On December 20, 2018, a machine with a cost of $21,500 and a book value of $3,200 at date of disposition was scrapped without cash recovery.

Required:

1. Prepare a schedule analyzing the changes in each of the plant asset accounts during 2018. Do not analyze changes in accumulated depreciation and amortization.
2. For each asset category, prepare a schedule showing depreciation or amortization expense for the year ended December 31, 2018

Miles Company had the following select receivable transactions.

2019

11/1 Loaned $24,000 cash to N. Jones on a 12-month, 8% note.

12/1 Made Miles Company credit card sales totaling $10,500. (There were no balances prior to December 1.)

12/15 Made Visa credit card sales totaling $14,800 (service charge fee 2%).

12/30 Collected $4,400 on Miles Company credit card sales.

12/31 Added finance charges of 1% to Miles Company credit card balance.

12/31 Accrued interest on N. Jones note.

2020

11/1 Received principal plus interest on N. Jones note.

Instructions Prepare journal entries to record the transactions above assuming Miles Company prepares adjusting entries once a year on December 31.