sxdcfvgbh
pdf
keyboard_arrow_up
School
Seneca College *
*We aren’t endorsed by this school
Course
440
Subject
Accounting
Date
Nov 24, 2024
Type
Pages
2
Uploaded by BrigadierWillpower1924
11/1/23, 8:47 PM
Chapter 4 Post-Class Homework
https://www.ameengage.com/mod/quiz/review.php?attempt=4637935&cmid=1260499&page=6
1/2
Dashboard
/
My courses
/ [Seneca 09/2023] HTM440NHA - Nardi
/
CHAPTER 4 - Cost-Volume-Profit Analysis
/ Chapter 4 Post-Class Homework
Question 7
Correct
Mark 4.00 out of
4.00
Take me to the text
Si Amigo Entertainment offers theater packages at $58 per unit. The package includes snacks, beverages and a ticket. The
costs incurred by the program are as follows:
Variable Costs
$19 per package
Fixed Expenses $23,760
Do not enter dollar signs or commas in the input boxes.
a) Calculate the contribution margin per package.
Round your answer to 2 decimal places
Contribution margin per package: $
39
b) Determine the break-even point in units (packages)
Round your answer up to the nearest whole number.
Break-even point: 610
c) If the theater can accommodate only 540 individuals, how much should Si Amigo Entertainment charge per package to
break-even? Assume that variable and fixed costs remain the same.
Round your answer to 2 decimal places
Selling Price: $
63
d) Using the information from part (c), how much should Si Amigo charge per package if they want to have an operating
income of $1,080?
Round your answer to 2 decimal places
Selling Price: $
65
Explanation
a) Selling Price - Variable Costs
Contribution margin per package: $39.00
b) Fixed Expenses ÷ Contribution Margin
Break-even point: 610
c) (Fixed Costs ÷ Number of Seats) + Variable Costs
Selling Price: $63.00
d) [(Fixed Costs + Operating Income) ÷ Number of Seats] + Variable Costs
Selling Price: $65.00
Correct
Marks for this submission: 4.00/4.00.
11/1/23, 8:47 PM
Chapter 4 Post-Class Homework
https://www.ameengage.com/mod/quiz/review.php?attempt=4637935&cmid=1260499&page=6
2/2
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Documents
Related Questions
16% D
Fri 12:09
w History Bookmarks Window Help
A education.wiley.com
W https://msroederbhs.weebly.com/uploads/2/2/4/0/2240201
NWP Assessment Player UI Application
Quiz 2
-/3 E
Question 1 of 10
View Policies
Current Attempt in Progress
Presented here are the components in Bradley Company's income statement. Determine the missing amounts.
Net
Operating
Expenses
Cost of
Gross
Sales
Income
Goods Sold
Profit
Revenue
2$
$17,000
$35,000
$75,000
$86,000
$59,000
$48.000
Attempts: 0 of 1 used
Submit Answer
Save for Later
tv
80
888
DI
DD
F3
F4
F5
F6
F7
F8
F9
F10
F11
@
#
$
%
A
&
+
2
3
4
7
8
9
{
[
W
R
Y
P
arrow_forward
os.schoolsplp.com/enrollments/156569804/items/YUI32/work?prev3LNSDS
O Western Brown Loc.
Desmos | Graphing. A ALEKS- Gracie Glov.
M My Classes | McGra. A Classes
Next Activity >
els B: Lesson 1 - Salary
Target due: 1/14/21 58.33%
$344.75
$700
2) Choose the best answer.
Caleb has a job that pays $11.15 per hour for a 40-hour work week. He is paid time
and a half for every hour over 40 that he works in a week. What will his gross pay be
for a week in which he works 46 hours?
NTT
$546.35
$446
$512.90
$256.45
$769.35
O O O
O O
arrow_forward
Chap 14. Q.3
arrow_forward
vbbroncos.schoolsplp.com/enrollments/156569804/items/CL1W7/work?prev-YU132
A ALEKS - Gracie Glov. M My Classes | McGra..
A Classes
O Western Brown Loc.
Jal Desmos | Graphing...
Glover
Next Activity >
Models B: Lesson 2 - Other Forms of Compensation
Target due: 1/14/21 16.66%
A O 3) Choose the correct answer.
-Maribel is offered a job as a paralegal at an annual base salary of $47,000. In
addition, the company will pay the following benefits: a retirement contribution that is
10.5% of Maribel’Ms base salary, disability insurance totaling $338, medical
insurance totaling $6,500, and a year-end bonus of 17% of her base salary. What is
the annual value of this job to Maribel?
O $47,000
O $66,435
$58,773
$66,763
$58,435
口
O 4) Choose the correct answer.
M
arrow_forward
w- 202106070805337561
Qv Search in Document
Home
Insert
Draw
Design
Layout
References
Mailings
Review
View
+ Share a
Calibri (Body)
11
A- A-
Aa
AaBbCcDc AaBbCcDdE AaBb
AaBbCcDdEE
AaBbCcDdEe
AaBbCcDdEe
Paste
I
U
v abe X, x²
A
A
Styles
Pane
Sensitivity
Normal
No Spacing
Heading 1
Heading 2
Title
Subtitle
Orthodox School
ESTIMATED PROFIT AND LOSS ACCOUNT (INCOME STATEMENT) FOR KARACHI
TRADERS LTD
$
Revenue (5000 units @ $3.00)
15000
Cost of goods sold (@ $1.00 per unit)
Gross profit
5000
10000
Overhead expenses
4000
Operating profit (profit before tax and interest)
6000
Finance costs (interest)
2000
Profit before tax
4000
Corporation tax @ 20%
Profit for the year
800
3200
Dividends paid
1200
Retained profit
2000
Profit and loss account for Karachi Traders Ltd for the year ending 31 December 2014
20 marks, 40 minutes
1. By amending this profit and loss account (income statement), calculate the new
level of retained profits if the following changes actually occurred:
• each unit was sold…
arrow_forward
Part 1
arrow_forward
blem Set: ModX
* CengageNOWv2 | On x
* Cengage Learning
B Milestone Two Guidel x
G module 5 problem set X
ow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=. Lo
еВook
Show Me How
Entries for notes payable
Bennett Enterprises issues a $660,000, 45-day, 9%, note to Spectrum Industries for merchandise inventory.
Assume a 360-day year. If required, round your answers to the nearest dollar.If an amount box does not require an entry, leave it blank.
a. Journalize Bennett Enterprises' entries to record:
1. the issuance of the note.
2. the payment of the note at maturity.
2
b. Journalize Spectrum Industries' entries to record:
1. the receipt of the note.
2. the receipt of the payment of the note at maturity.
Previous
Check My Work
56°F Mostly cloudy
ヘ 回。
arrow_forward
Accounting Question X
https://my.post.edu/CMCPortal/: X
A Question 3 - Unit 5- Chapter 6 F X
https://ezto.mheducation.com/ext/map/index.html?_con3Dcon&external_browser3D0&launchUrl=https%253A%252F%252Fpost.blackbe
er 6 Homework Assignment i
Saved
Supply the missing dollar amounts for each of the following independent cases:
Sales
Revenue
Beginning
Inventory
Cost of Goods
Available for Sale
Cost of
Goods Sold
Cases
Purchases
Cost of
Gross Profit
Ending Inventory
A
S.
1,250
S.
650
1,350
860
1,450
750
1,350
660
IC
650
750
850
950
1,360
1,150
1,200
800
1,550
600
1.450
1,060
arrow_forward
own): Week 31 x
CU122-0 2201 (Brown): Week 4 x
Week 6: Culmination Knowledge x
npt.php?attempt=D29214128cmid=866335
fr. E Enduring Word Bibl.
b My Questions | bart.
Financial Aid Student Accounts Resources - Campus Store
g and Cost Control 2202-DeWitt
s/ CE167-0 2202 (DeWitt)/ Week 6: Menu Prices
Week 6: Culmination Knowledge Check
Chef Amy does beginning inventory on Thursday night and finds that she has $4194 in food products in the restaurant. Throughout the week
she purchases:
• $2088 produce,
• $1678 protein,
• $870 dry goods, and
• $3914 dairy.
The following Thursday she does ending inventory and finds that she has $3464 in food. She looks at her sales and finds that she made
$30541 over the same 7 day period. What is her total food cost?
Select one:
a. $12,744
K b. $16,208
c. $8,550
d. $9,280
Chef Fabio does beginning inventory on Thursday night and finds that he has $1456 in food products in the restaurant,. Throughout the week he
ered
purchases:
1.00
• $457 produce,
• $632…
arrow_forward
Edit
View
History
Bookmarks
People
Tab
Window
Help
N Academic Tools :: Northern Virgi X
63%
Mon 12:07 PM
weCS Virginia Community College Syst X
N CHAPTER 08 HW NOVA
learn.vccs.edu/courses/240149/assignments/4704240?module_item_id=17254910
https://checkout.wileyplus.com/ X
des
View Policies
rse Evaluations
Current Attempt in Progress
A Policies
Cullumber Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to
accrue interest except at December 31.
r.com: 24/7 On-
Tutoring
Nov. 1 Loaned $53,400 cash to C. Bohr on a 12-month, 9% note.
ary Resources
Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $5,400, 90-day, 8% note.
16 Received a $9,600, 180-day, 8% note to settle an open account from A. Murdock.
31 Accrued interest revenue on all notes receivable.
Journalize the transactions for Cullumber Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered.…
arrow_forward
F myCampus Portal Login - for Stu X
B 09 Operational and Legal Consid x
E (24,513 unread) - sharmarohit81
b My Questions | bartleby
A fleming.desire2learn.com/d21/le/content/130754/viewContent/1518900/View?ou=130754
Table of Contents > Week 9: Operational and legal Considerations > Lecture Notes > 09 Operational and Legal Considerations
09 Operational and Legal Considerations -
>
Calculating Capacity
• How many machines do you need?
• You expect your sales to be
3,000,000 granola bars (20g each)
• How large is your plant?
per month
• How many workers do you need?
The machine:
• How much is the investment?
Capacity: 100 kgs per hour
• What are the operating costs?
Requires 2 people to operate it
Takes 8 ft x 40 ft space
• Cost per machine $15,000
Energy and maintenance: $5 per hour
• Cost of material and packaging:
$0.12 per bar
I Group Project.xlsx
Show all
12:35 AM
O Type here to search
A O 4) ENG
2020-12-09
arrow_forward
M Question 4-CH
https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F... Q
37 ACG3343 2023 X M Question 3-Chapter X GEN Exercises
Homework i
Required Information
[The following information applies to the questions displayed below.]
Beginning WIP inventory
Direct materials
Conversion costs
Current period costs
Direct materials
Conversion costs
Check my work mode: This shows what is correct or Incorrect for the work you have completed so far. It doe
Annin Laboratories uses the FIFO method to account for its work-in-process Inventories. The accounting records show the
following Information for February:
Cost of goods transferred out
Cost of ending inventory
9
Quantity Information is obtained from the manufacturing records and includes the following:
Beginning inventory
Current period units started
Ending inventory
F2
Answer is complete but not entirely correct.
$ 181,069 X
Is
$ 115,010 X
$ 29,053
9,355
Compute the cost of goods transferred…
arrow_forward
Question
8-19
arrow_forward
oncos.schoolsplp.com/enrollments/156569804/items/CL1W7/work?prev=YU132
A Desmos | Graphing.. A ALEKS - Gracie Glov. M My Classes | McGra.
A Classes
O Western Brown Loc.
er
odels B: Lesson 2 - Other Forms of Compensation
Nex
Target due: 1/14/21
I J 1) Choose the correct answer.
Andres is offered a job as manager of a health club. The job will pay $3,100 per
month, paid semimonthly. Along with the base salary, the company offers to pay half
the cost of medical insurance and will match Andres' contribution to a retirement plan
up to a total of $3,500. If the full cost of the medical insurance is $450 per month and
Andres plans to contribute the full $3,500 every year to a retirement plan, what is the
actual annual value of this job to Andres?
$83,300
$43,400
$42,600
$46,100
T
$37,200
2) Choose the correct answer.
M
arrow_forward
Edit
View History
Bookmarks
Profiles
Tab
Window Help
M
100%
M Sun 11:24 AM
as College
WP Ch 05 Homework Assignment X
wP NWP Assessment Player UI Ap X
ducation.wiley.com/was/ui/v2/assessment-player/index.html?launchld=73f9082f-68e7-46db-a4b3-509e5b6e0e6d#/question/0
mework Assignment
Question 1 of 2
- / 5
Ayayai Mowers Ltd. agreed to sell the City of Halifax four riding mowers and 20 push lawn mowers. The contract price was $72,00O.
Ayayai normally sells its riding mowers for $14,400 and its push lawn mowers for $960. The contract required the City of Halifax to
pay Ayayai once all of the merchandise has been delivered to the city's public works yard. Ayayai's management does not expect any
returns or any issues with payment.
Ayayai delivered all four of the riding mowers and 14 of the push mowers on April 26. The remaining six push mowers were delivered
on May 5. Ayayai received payment from the city on May 18. Ayayai's cost for each riding mower is $9,960, while the push mowers
cost…
arrow_forward
ment Opp
Class Specifications | Sorted
WileyPLUS
+
https://edugen.wileyplus.com/edugen/student/mainfr.uni
WileyPLUS: MyWileyPLUS I Help I Contact Us
Kieso, Intermediate Accounting, 16e
INTERMED. ACCOUNTING (ACC 3110
ce Assignment
се
Gradebook
ORION
Downloadable eTextbook
ent
PRINTER VERSION
CALCULATOR
FULL SCREEN
BACK
Exercise 15-9
Your answer is partially correct. Try again.
Bramble Corporation has 10,800 shares of $100 par value, 7 %, preferred stock and 46,500 shares of $10 par value
common stock outstanding at December 31, 2017.
Answer the questions in each of the following independent situations.
(a) If the preferred stock is cumulative and dividends were last paid on the preferred stock on December 31, 2014, what
are the dividends in arrears at December 31, 2017?
Amount of dividends in arrears
226,800
How should these dividends be reported?
not reported
The cumulative dividend is
as a liability.
(b)If the preferred stock is convertible into 7 shares of $10 nar value common stock…
arrow_forward
gage Learning
* CengageNOWv2 | Online teachin x
Cengage Learning
ignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false
eBook
Show Me How
Estimating Allowance for Doubtful Accounts
Evers Industries has a past history of uncollectible accounts, as follows.
Age Class
Percent Uncollectible
Not past due
1 %
1-30 days past due
31-60 days past due
12
61-90 days past due
30
Over 90 days past due
75
Estimate the allowance for doubtful accounts, based on the aging of receivables information provided in the chart below.
Evers Industries
Estimate of Allowance for Doubtful Accounts
Not Past Days Past Days Past Days Past
Days Past
Due 1-30 Due 31-60 Due 61-90 Due Over 90
Balance
Due
Total receivables
1,124,500 607,400 233,000
121,600
96,500
66,000
1%
3%
12%
30%
75%
Percentage uncollectible
Allowance for doubtful accounts
Check My Work
All work saved.
Email Instructor
Save and Exit
Su
arrow_forward
Question #4 in this image
arrow_forward
.ll Verizon LTE
11:41 AM
1 0 77%
AA
v2.cengagenow.com
CengageNOWv2 | Online teaching and learning resource from Cengage Leaming
Close Window
1. PE.07-01B
eBook
Show Me How
Cost Flow Methods
The following three identical units of Item Beta are purchased during June:
Item Beta
Units
Cost
June 2
Purchase
$50
12
Purchase
60
23
Purchase
70
Total
$180
Average cost per unit
$60 ($180 + 3 units)
Assume that one unit is sold on June 27 for $110.
Determine the gross profit for June and ending inventory on June 30 using the (a) first-in,
first-out (FIFO); (b) last-in, first-out (LIFO); and (c) weighted average cost methods.
Gross Profit
Ending Inventory
a. First-in, first-out (FIFO)
24
b. Last-in, first-out (LIFO)
%24
c. Weighted average cost
2. PE.07-02B
O eBook
Show Me How
Perpetual Inventory Using FIFO
Beginning inventory, purchases, and sales for Item Delta are as follows:
July 1
Inventory
50 units at $15
Sale
44 units
15
Purchase
90 units at $18
24
Sale
40 units
Assuming a perpetual…
arrow_forward
lem Set: Modx
* CengageNOWv2 | Onl X
* Cengage Learning
B Milestone Two Guideli x
G module
ow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=..
eBook
Show Me How
Quick ratio
Adieu Company reported the following current assets and current liabilities for two recent years:
Dec. 31, 20Y4 Dec. 31, 20Y3
Cash
$830
$1,090
Temporary investments
1,200
1,500
Accounts receivable
820
910
Inventory
2,100
2,500
Accounts payable
1,900
2,500
a. Compute the quick ratio on December 31 for each year. Round to one decimal place.
20Υ4
20Υ3
Quick Ratio
b. Is the quick ratio improving or declining?
Check My Work
56°F Mostly
39
arrow_forward
O X
A WA Probability 1- Intro to Probabi X
B5 Probability 1: Introduction to Prol X
* O
->
webassign.net/web/Student/Assignment-Responses/submit?dep3D28685826&tags%=Dauto. <*
MY NOTES
ASK YOUR TEACHER
PRACTICE ANOTHER
Shipping constitutes a large part of the budget for online retailers. One such retailer ships fragile items that occasionally
get broken and have to be replaced/re-shipped. Historically, 8% of these items have gotten broken during shipping.
(a)If an item is shipped, what is the probability that it does not get broken? In other words, what is P(not broken)? Express
your answer as a decimal rounded to two decimal places.
(b) If the retailer ships 4 separate items, what is the probability that none will be broken during shipping? Express your
answer as a decimal rounded to three decimal places.
Submit Answer
7 O 10:29
Ili
arrow_forward
Digital Learning
* CengageNOwv2 | Online teachir
* Cengage Learning
+
Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false
A eBook
Show Me How
Percent of Sales Method
At the end of the current year, Accounts Receivable has a balance of $555,000; Allowance for Doubtful Accounts has a credit balance of $5,000; and sales for
the year total $2,500,000. Bad debt expense is estimated at 1/4 of 1% of sales.
a. Determine the amount of the adjusting entry for uncollectible accounts.
b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.
Accounts Receivable
24
Allowance for Doubtful Accounts
Bad Debt Expense
%24
c. Determine the net realizable value of accounts receivable.
Feedback
Check My Work
a. Remember that since accounts receivable are created by credit sales, uncollectible accounts çan be estimated as a percent of credit sales. If the
portion of credit sales to sales id relatively constant, the…
arrow_forward
Study Excel Instructio x
EXAM 3-BUSI 320 class notes x
b Login (bartieby
es/155996/assignments/1958552
E Individual Differen...
M Corporate Finance
U SPAN101: Element...
L Canvas Dashboard
U Course Registration
out
# 4 Comp Prob - Ch 12 (D).docx
I Downle
Case Study # 4 Excel Submission – Capital Budgeting Comprehensive Problem
Pinnacle Custom Home Builders purchased a 40 foot articulating boom lift three years ago for
$50,000. The equipment has been depreciated under the 5-year MACRS schedule (20%, 32%,
19%, 12%, 12% & 5%). The old equipment can be sold for $33,000.
Pinnacle is considering the purchase of a new 60 foot articulating boom lift that would allow
the company to complete nearly all of its construction projects without the need for costly rental
lifts. The new lift could be purchased for $105,000 and would also fall under the 5-year MACRS
depreciation schedule.
Assume the old and new equipment would provide the following operating gains (or losses)
over the next six years.…
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you


Accounting
Accounting
ISBN:9781337272094
Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:Cengage Learning,

Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis...
Accounting
ISBN:9780134475585
Author:Srikant M. Datar, Madhav V. Rajan
Publisher:PEARSON

Intermediate Accounting
Accounting
ISBN:9781259722660
Author:J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:9781259726705
Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:McGraw-Hill Education
Related Questions
- 16% D Fri 12:09 w History Bookmarks Window Help A education.wiley.com W https://msroederbhs.weebly.com/uploads/2/2/4/0/2240201 NWP Assessment Player UI Application Quiz 2 -/3 E Question 1 of 10 View Policies Current Attempt in Progress Presented here are the components in Bradley Company's income statement. Determine the missing amounts. Net Operating Expenses Cost of Gross Sales Income Goods Sold Profit Revenue 2$ $17,000 $35,000 $75,000 $86,000 $59,000 $48.000 Attempts: 0 of 1 used Submit Answer Save for Later tv 80 888 DI DD F3 F4 F5 F6 F7 F8 F9 F10 F11 @ # $ % A & + 2 3 4 7 8 9 { [ W R Y Parrow_forwardos.schoolsplp.com/enrollments/156569804/items/YUI32/work?prev3LNSDS O Western Brown Loc. Desmos | Graphing. A ALEKS- Gracie Glov. M My Classes | McGra. A Classes Next Activity > els B: Lesson 1 - Salary Target due: 1/14/21 58.33% $344.75 $700 2) Choose the best answer. Caleb has a job that pays $11.15 per hour for a 40-hour work week. He is paid time and a half for every hour over 40 that he works in a week. What will his gross pay be for a week in which he works 46 hours? NTT $546.35 $446 $512.90 $256.45 $769.35 O O O O Oarrow_forwardChap 14. Q.3arrow_forward
- vbbroncos.schoolsplp.com/enrollments/156569804/items/CL1W7/work?prev-YU132 A ALEKS - Gracie Glov. M My Classes | McGra.. A Classes O Western Brown Loc. Jal Desmos | Graphing... Glover Next Activity > Models B: Lesson 2 - Other Forms of Compensation Target due: 1/14/21 16.66% A O 3) Choose the correct answer. -Maribel is offered a job as a paralegal at an annual base salary of $47,000. In addition, the company will pay the following benefits: a retirement contribution that is 10.5% of Maribel’Ms base salary, disability insurance totaling $338, medical insurance totaling $6,500, and a year-end bonus of 17% of her base salary. What is the annual value of this job to Maribel? O $47,000 O $66,435 $58,773 $66,763 $58,435 口 O 4) Choose the correct answer. Marrow_forwardw- 202106070805337561 Qv Search in Document Home Insert Draw Design Layout References Mailings Review View + Share a Calibri (Body) 11 A- A- Aa AaBbCcDc AaBbCcDdE AaBb AaBbCcDdEE AaBbCcDdEe AaBbCcDdEe Paste I U v abe X, x² A A Styles Pane Sensitivity Normal No Spacing Heading 1 Heading 2 Title Subtitle Orthodox School ESTIMATED PROFIT AND LOSS ACCOUNT (INCOME STATEMENT) FOR KARACHI TRADERS LTD $ Revenue (5000 units @ $3.00) 15000 Cost of goods sold (@ $1.00 per unit) Gross profit 5000 10000 Overhead expenses 4000 Operating profit (profit before tax and interest) 6000 Finance costs (interest) 2000 Profit before tax 4000 Corporation tax @ 20% Profit for the year 800 3200 Dividends paid 1200 Retained profit 2000 Profit and loss account for Karachi Traders Ltd for the year ending 31 December 2014 20 marks, 40 minutes 1. By amending this profit and loss account (income statement), calculate the new level of retained profits if the following changes actually occurred: • each unit was sold…arrow_forwardPart 1arrow_forward
- blem Set: ModX * CengageNOWv2 | On x * Cengage Learning B Milestone Two Guidel x G module 5 problem set X ow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=. Lo еВook Show Me How Entries for notes payable Bennett Enterprises issues a $660,000, 45-day, 9%, note to Spectrum Industries for merchandise inventory. Assume a 360-day year. If required, round your answers to the nearest dollar.If an amount box does not require an entry, leave it blank. a. Journalize Bennett Enterprises' entries to record: 1. the issuance of the note. 2. the payment of the note at maturity. 2 b. Journalize Spectrum Industries' entries to record: 1. the receipt of the note. 2. the receipt of the payment of the note at maturity. Previous Check My Work 56°F Mostly cloudy ヘ 回。arrow_forwardAccounting Question X https://my.post.edu/CMCPortal/: X A Question 3 - Unit 5- Chapter 6 F X https://ezto.mheducation.com/ext/map/index.html?_con3Dcon&external_browser3D0&launchUrl=https%253A%252F%252Fpost.blackbe er 6 Homework Assignment i Saved Supply the missing dollar amounts for each of the following independent cases: Sales Revenue Beginning Inventory Cost of Goods Available for Sale Cost of Goods Sold Cases Purchases Cost of Gross Profit Ending Inventory A S. 1,250 S. 650 1,350 860 1,450 750 1,350 660 IC 650 750 850 950 1,360 1,150 1,200 800 1,550 600 1.450 1,060arrow_forwardown): Week 31 x CU122-0 2201 (Brown): Week 4 x Week 6: Culmination Knowledge x npt.php?attempt=D29214128cmid=866335 fr. E Enduring Word Bibl. b My Questions | bart. Financial Aid Student Accounts Resources - Campus Store g and Cost Control 2202-DeWitt s/ CE167-0 2202 (DeWitt)/ Week 6: Menu Prices Week 6: Culmination Knowledge Check Chef Amy does beginning inventory on Thursday night and finds that she has $4194 in food products in the restaurant. Throughout the week she purchases: • $2088 produce, • $1678 protein, • $870 dry goods, and • $3914 dairy. The following Thursday she does ending inventory and finds that she has $3464 in food. She looks at her sales and finds that she made $30541 over the same 7 day period. What is her total food cost? Select one: a. $12,744 K b. $16,208 c. $8,550 d. $9,280 Chef Fabio does beginning inventory on Thursday night and finds that he has $1456 in food products in the restaurant,. Throughout the week he ered purchases: 1.00 • $457 produce, • $632…arrow_forward
- Edit View History Bookmarks People Tab Window Help N Academic Tools :: Northern Virgi X 63% Mon 12:07 PM weCS Virginia Community College Syst X N CHAPTER 08 HW NOVA learn.vccs.edu/courses/240149/assignments/4704240?module_item_id=17254910 https://checkout.wileyplus.com/ X des View Policies rse Evaluations Current Attempt in Progress A Policies Cullumber Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest except at December 31. r.com: 24/7 On- Tutoring Nov. 1 Loaned $53,400 cash to C. Bohr on a 12-month, 9% note. ary Resources Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $5,400, 90-day, 8% note. 16 Received a $9,600, 180-day, 8% note to settle an open account from A. Murdock. 31 Accrued interest revenue on all notes receivable. Journalize the transactions for Cullumber Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered.…arrow_forwardF myCampus Portal Login - for Stu X B 09 Operational and Legal Consid x E (24,513 unread) - sharmarohit81 b My Questions | bartleby A fleming.desire2learn.com/d21/le/content/130754/viewContent/1518900/View?ou=130754 Table of Contents > Week 9: Operational and legal Considerations > Lecture Notes > 09 Operational and Legal Considerations 09 Operational and Legal Considerations - > Calculating Capacity • How many machines do you need? • You expect your sales to be 3,000,000 granola bars (20g each) • How large is your plant? per month • How many workers do you need? The machine: • How much is the investment? Capacity: 100 kgs per hour • What are the operating costs? Requires 2 people to operate it Takes 8 ft x 40 ft space • Cost per machine $15,000 Energy and maintenance: $5 per hour • Cost of material and packaging: $0.12 per bar I Group Project.xlsx Show all 12:35 AM O Type here to search A O 4) ENG 2020-12-09arrow_forwardM Question 4-CH https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F... Q 37 ACG3343 2023 X M Question 3-Chapter X GEN Exercises Homework i Required Information [The following information applies to the questions displayed below.] Beginning WIP inventory Direct materials Conversion costs Current period costs Direct materials Conversion costs Check my work mode: This shows what is correct or Incorrect for the work you have completed so far. It doe Annin Laboratories uses the FIFO method to account for its work-in-process Inventories. The accounting records show the following Information for February: Cost of goods transferred out Cost of ending inventory 9 Quantity Information is obtained from the manufacturing records and includes the following: Beginning inventory Current period units started Ending inventory F2 Answer is complete but not entirely correct. $ 181,069 X Is $ 115,010 X $ 29,053 9,355 Compute the cost of goods transferred…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
- Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSONIntermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill EducationFinancial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education


Accounting
Accounting
ISBN:9781337272094
Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:Cengage Learning,

Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis...
Accounting
ISBN:9780134475585
Author:Srikant M. Datar, Madhav V. Rajan
Publisher:PEARSON

Intermediate Accounting
Accounting
ISBN:9781259722660
Author:J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:9781259726705
Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:McGraw-Hill Education