EBK CENTURY 21 ACCOUNTING: MULTICOLUMN
11th Edition
ISBN: 9781337670401
Author: LEHMAN
Publisher: VST
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- MC Company made sales to two customers. Both sales were on credit terms of 2/10, n/30. Customer A purchased $30,000 of goods, returned none, and paid in 9 days. Customer B purchased $40,000 of goods, returned, and was given credit for $4,000 of goods and paid in 25 days. What was the net revenue from these two customers?a. $70,000 b. $66,000 c. $65,400 answerarrow_forwardCompute the manufacturing overhead rate for the yeararrow_forwardWhat was the net revenuearrow_forward
- Provide Answerarrow_forwardPoonam has a standard of 1.5 pounds of materials per unit, at S6 per pound. In producing 2,000 units, Poonam used 3,100 pounds of materials at a total cost of $18,135. Poonam's material quantity variance is favorable or unfavorable? a. $135 Favorable b. $465 Unfavorable c. $600 Unfavorable MCQarrow_forwardWhich one is correct option? Accountingarrow_forward
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