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Princeton Lemonade Company processes fresh lemonade. The company has the following expenses for July: Depreciation expense on bottling machines $63,500 Glass juice bottles $60,000 Commissions for salespeople $30,900 Salaries of nutrition researchers $75,700 Costs of maintaining website used for customer orders $4,800 Wages of factory workers $75,500 Freshness seals/caps for juice bottles $3,000 Reconfiguring the factory layout $122,900 Customer help line $5,100 Costs of refrigerated trucks used to deliver juice $25,800

Princeton Lemonade Company processes fresh lemonade. The company has the following expenses for July: Depreciation expense on bottling machines $63,500 Glass juice bottles $60,000 Commissions for salespeople $30,900 Salaries of nutrition researchers $75,700 Costs of maintaining website used for customer orders $4,800 Wages of factory workers $75,500 Freshness seals/caps for juice bottles $3,000 Reconfiguring the factory layout $122,900 Customer help line $5,100 Costs of refrigerated trucks used to deliver juice $25,800

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Princeton Lemonade Company processes fresh lemonade. The company has the following expenses for July: Depreciation expense on bottling machines $63,500 Glass juice bottles $60,000 Commissions for salespeople $30,900 Salaries of nutrition researchers $75,700 Costs of maintaining website used for customer orders $4,800 Wages of factory workers $75,500 Freshness seals/caps for juice bottles $3,000 Reconfiguring the factory layout $122,900 Customer help line $5,100 Costs of refrigerated trucks used to deliver juice $25,800
Transcribed Image Text:Princeton Lemonade Company processes fresh lemonade. The company has the following expenses for July: Depreciation expense on bottling machines $63,500 Glass juice bottles $60,000 Commissions for salespeople $30,900 Salaries of nutrition researchers $75,700 Costs of maintaining website used for customer orders $4,800 Wages of factory workers $75,500 Freshness seals/caps for juice bottles $3,000 Reconfiguring the factory layout $122,900 Customer help line $5,100 Costs of refrigerated trucks used to deliver juice $25,800
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