TN Ghana Ltd acquired land and building on 1st January 2016 for 40million(including 15million in respect of the land). The asset was revalued on the 31st/12/2017 to 43million(including 16.6million) in respect of the land. The buildings was depreciated over a 50 year useful life to a zero residual value. The useful life and residual value did not subsequently need revision. On the 31/12/2018, the property was revalued downwards to 35 million as a result of recession (including 14million) in respect of the land. The company makes a transfer from revaluation surplus to retained earnings in respect of realised profit. 1. Determine the profits that should be recognized in profit/loss and other comprehensive income for the years ended 31/12/2017 and 31/12/2018 2. Comprehensive income for the years

Problem 2-18 job-order costing for a service company [lo2-1, lo2-2, lo2-3]speedy auto repairs uses a job-order costing system. the company's direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics' hourly wages. speedy's overhead costs include various items, such as the shop manager's salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 10,000fixed overhead cost $ 90,000variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate.2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 600direct labor cost $ 180direct labor-hours used 2 compute mr. wilkes' total job cost. 3. if speedy establishes its selling prices using a markup percentage of 30% of its total job cost, then how much would it have charged mr. wilkes?

Which of these is not a result of regular exercise

You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.