Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Coffee Cart sells a variety of hot and cold coffee beverages. Data for a recent month appear below:
Revenue $20,000
Costs:
Ingredients $7,800
Miscellaneous supplies (napkins, etc.) 1,200
Rent 1,000
Wages for part time employees 3,000
Cart attendant salary 5,000
Total costs 18,000
Profit $ 2,000
Part time employees are scheduled for busy times, but are sent home as soon as volumes drop enough to warrant it.
a. Categorize each cost as fixed or variable and explain your choice.
b. Create a cost function.
On August 1, a $30,000, 6%, 3-year installment note payable is issued by a company. The note requires equal payments of principal plus accrued interest be paid each year on July 31. The present value of an annuity factor for 3 years at 6% is 2.6730. ..
Actual hours worked were 195,000 and actual overhead was $978,000. Compute the predetermined manufacturing overhead rate. Compute the applied manufacturing overhead.
"Current versus Noncurrent Classifications" and answer the following: The usefulness of the balance sheet is enhanced when assets and liabilities are grouped according to common characteristics. The broad distinction made in the balance sheet is the ..
annandale inc sells and produce wireless reading devices. a competitor danube electronic products sells similar
analysis of financial statements in terms of ratios whether positive or negative.the accounts receivable turnover ratio
What specific items does Intel discuss in its Note 1-Summary of Significant Accounting Policies and for what segments did Intel report segmented information? Which segment is the largest? Who is Intel's largest customer?
Kurena Company provided the following information on one of its factories: Maximum units produced in a quarter: 180,000 units. Calculate the amount of processing time per unit and the amount of time per unit. Calculate the MCE.
Kevin owns a retail store, and during the current year he purchased $600,000 worth of inventory. Kevin’s beginning inventory was $65,000, and his ending inventory is $75,000. During the year, Kevin withdrew $15,000 in inventory for his personal use.
In 2009, the FASB completed a five-year effort to distill the existing GAAP literature into a single database known as: Financial statements follow: Differences between IFRS and GAAP include all of the following EXCEPT:
If the $1,800 cost is entirely fixed, how much must each passenger be charged for the toll process to break even? How much each passenger must be charged for the toll process to make a profit of $250 per day?
Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2014- Prepare a partial balance sheet for Nike for these items.
On July 31, 2014, Redeker Company had a cash balance per books of $6,304. The statement from Nashotah State Bank on that date showed a balance of $7,854.80. A comparison of the bank statement with the Cash account revealed
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd