Chapter 12, Problem 6E

general accounting

Solve this Accounting question

Fractional Dates Excel can also accept fractional dates. In cells A9:A11 you will see numbers that have a decimal component. The decimal represents part of a day. For example, a number ending in 0.5 will be halfway through the day or 12:00 PM / noon. Repeat the same process as above to populate cells B9: B11 with the same numbers as A9:A11. Formatting B9:B11 will be a little different. To get Excel to show the partial date in cells B9:B11 highlight those cells, navigate to the Home tab, locate number formatting, and then use the down arrow to select More Number Formats. This opens a dialog box where you can apply custom formats. Under Date, find a format that also shows the time, e.g., if A9 contains 40368.25: Number Format Category: General Number Currency Accounting Date Sample 7/9/10 6:00 AM Type: March 14, 2012 3/14/12 1:30 PM 3/14/12 13:30 Time M Percentage Fraction Scientific M-12 3/14/2012 14-Mar-2012 Text Special Custom Locale (location): English (United States) Date formats…

I want to this question answer for General accounting question not need ai solution

Wilson Athletics plans to sell 4,800 tennis rackets at $95 each in the coming year. The unit variable cost is $57.50 (includes direct materials, direct labor, variable factory overhead, and variable selling expense). Fixed factory overhead is $28,500, and fixed selling and administrative expenses are $39,200. 1. Calculate the variable cost ratio. 2. Calculate the contribution margin ratio.

Need answer this General accounting questions

Can you solve this general accounting problem using appropriate accounting principles?

Please provide the solution to this general accounting question with accurate financial calculations.

Hi expert please given correct answer with accounting question