Helen City issued a purchase order on 05/10/19 for supplies with an estimated cost of $8600. An Encumbrance of $8600 was recorded at that time. When the supplies and accompanying invoice were received on 08/13/19, the invoice indicated a $9200 actual price. For what amount should Helen City debit Expenditures on 08/13/19? BE SURE TO TYPE A SIMPLE NUMBER WITH NO COMMAS OR DOLLAR SIGNS. FOR EXAMPLE, TYPE 1000 INSTEAD OF $1,000.

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
ChapterC: Cases
Section: Chapter Questions
Problem 5.1SC: Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing...
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Helen City issued a purchase order on 05/10/19 for supplies with an estimated cost of $8600. An Encumbrance of
$8600 was recorded at that time.
When the supplies and accompanying invoice were received on 08/13/19, the invoice indicated a $9200 actual price.
For what amount should Helen City debit Expenditures on 08/13/19?
BE SURE TO TYPE A SIMPLE NUMBER WITH NO COMMAS OR DOLLAR SIGNS. FOR EXAMPLE, TYPE 1000 INSTEAD OF
$1,000.
Your Answer:
Transcribed Image Text:Helen City issued a purchase order on 05/10/19 for supplies with an estimated cost of $8600. An Encumbrance of $8600 was recorded at that time. When the supplies and accompanying invoice were received on 08/13/19, the invoice indicated a $9200 actual price. For what amount should Helen City debit Expenditures on 08/13/19? BE SURE TO TYPE A SIMPLE NUMBER WITH NO COMMAS OR DOLLAR SIGNS. FOR EXAMPLE, TYPE 1000 INSTEAD OF $1,000. Your Answer:
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