Sage 50 Accounting Assignment_OLB

ezto.mheducation.com M Question 3 - Chapter 10 Homework - Connect 0 Homework i Saved Help Logistics Solutions provides order fulfillment services for dot.com merchants. The company maintains warehouses that stock items carried by its dot.com clients. When a client receives an order from a customer, the order is forwarded to Logistics Solutions, which pulls the item from storage, packs it, and ships it to the customer. The company uses a predetermined variable overhead rate based on direct labor-hours. In the most recent month, 165,000 items were shipped to customers using 6,800 direct labor-hours. The company incurred a total of $22,100 in variable overhead costs. I ook According to the company's standards, 0.04 direct labor-hours are required to fulfill an order for one item and the variable overhead rate is $3.30 per direct labor-hour. B Required: 1. What is the standard labor-hours allowed (SH) to ship 165,000 items to customers? Hint 2. What is the standard variable overhead cost…

REA Model—Adirondacks Classic Furniture Adirondacks Classic Furniture (ACF) manufactures a range of rustic chairs, lawn furniture, and interior furnishing including lamps, desks, and bedframes. ACF’s customer base comprises both private consumers and retail outlets. Consumer’s sales are for cash or by credit card, but business customers are extended a line of credit. New business customers undergo a credit check before receiving a credit line. All sales are made online, by fax or mailed in hard-copy order. When a credit order is received, the sales clerk verifies inventory availability, prepares a sales order, and sends the stock release copy to the warehouse clerk who picks the goods and arranges shipment. He then prepares the bills of lading and sends copies of the shipping notices to the billing department and inventory control. The billing department updates the sales journal and sends an invoice to the customer. The clerk then sends the shipping notice to the AR department, where…

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Question 4.1                                                                                                                  White Wizard Company makes golf equipment for retailers around the world.  Below you will find a number of activities and cost at White Wizard Company. Required: Please list the activity as either, “Batch-level”, “Unit-level”, “Product-level”, “Customer-level” or “Organization-sustaining”.     Activity Level 1) A sales representative visits an old customer to check on how the company’s golf carts are working out and to try and make a new sale.   2) A steering wheel is installed in a golf cart.   3) The marketing department has a catalogue printed and then mails them to golf course managers.   4) Completed golf carts are individually tested on the company’s test track.   5) Molding and sanding each unit of product   6) An outside lawyer draws up a new generic sales contract for the company, limiting Go Pro’s liability…

Problem 7.4A Recording sales transactions, posting to the accounts receivable ledger, and preparing a schedule of accounts receivable.  The Problem is attached.

Mastery Problem Analyzing transactions into debit and credit parts LO4, 5The T accounts for Gardens Plus are in your Working Papers.Instructions:1. Using only one set of T accounts, analyze each transaction into its debit andcredit parts. Write the debit and credit amounts in the proper T accounts toshow how each transaction changes account balances. Write the date of thetransactions before each amount. Selected transactions for Gardens Plus forApril are given as an example of how to use only one set of T accounts.Chapter 2, Problem 1MP, Mastery Problem Analyzing transactions into debit andcredit parts LO4, 5 The T accounts for GardensMay1. Received cash from owner as an investment, $3,700.00.2. Paid cash for rent, $600.00.4. Paid cash for supplies, $400.00.4. Received cash from sales, $950.00.5. Paid cash for insurance, $375.00.8. Sold services on account to Lee Chen, $800.00.9. Bought supplies on account from Sullivan Supplies, $300.00.10. Paid cash for repairs, $85.00.11. Received…

Q – 6:​ DVD Express Company provides DVD duplicating services for its customers. An order from a customer can be for a single copy or for thousands of copies. Most jobs are broken down into batches to allow smaller jobs, with higher priorities, to have access to the machines. A number of activities carried out at DVD Express are listed below. a) Sales representatives’ periodic visits to customers to keep them informed about the services provided by DVD Express. b) Ordering labels from the printer for a particular DVD. c) Setting up the DVD duplicating machine to make copies from a particular master DVD. d) Loading the automatic labeling machine with labels for a particular DVD. e) Visually inspecting DVDs and placing them by hand into protective plastic cases prior to shipping. f) Preparation of the shipping documents for the order. g) Periodic maintenance of equipment. h) Lighting and heating the company’s production facility. Required: Classify each of the activities above as…

38 Question of general accounting