Journalize the entries for the completion of the two jobs

Assignment Help Managerial Accounting
Reference no: EM131706581

In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $28,880 and Job 11 $37,220. On March 31, Job 10 is sold to the customer for $52,380 in cash.

Journalize the entries for the completion of the two jobs and the sale of Job 10.

Reference no: EM131706581

Questions Cloud

What perks do you see in the new belgium bre-wery : What perks do you see in the New Belgium Bre-wery that could be an added plus to your work environment? Identify at least two of those perks.
Formula for a future value of an annuity : The effective rate is (1+.05/4)4 - 1 = 0.0509. This rate is plugged into the formula for a future value of an annuity due as the i or rate per period:
Explain the formation of a nerve impulse : Explain the formation of a nerve impulse in relation to a class of cell surface receptors. What are the names of the receptors
Range of lease payments : Assume that the lessee pays no taxes and the lessor pays taxes. For what range of lease payments does the lease have a positive NPV for both parties?
Journalize the entries for the completion of the two jobs : On March 31, Job 10 is sold to the customer for $52,380 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10
How are chromosomes distributed within the nucleus : How are chromosomes distributed within the nucleus? How many Nuclear Pores are there per nucleus? How is that of any relevance
Why do organizations have budgets : 1. Why do organizations have budgets? 2. Why did Borealis decide to abandon budgets?
Which conditions is the demographic segmentation bases : Assuming that a strong CRM system is in place in each brand's parent firm, what specific actions can marketing managers take in each case to ensure.
Prepare a summary journal entry to record factory : Prepare a summary journal entry to record factory labor used - During January, its first month of operations, Knox Company accumulated

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Prepare the statement of cash flows for barton publication

Prepare the statement of cash flows for Barton Publication Company, Inc., for the year ended March 31, 2010, using the indirect method for operating cash flows.

  Provide the codification citation to the authority

Based on the facts presented, provide a brief statement of the issue to be researched. - Provide the Codification citation to the authority that resolves the research issue-be specific.

  You have just been hired as a management trainee by cravat

you have just been hired as a management trainee by cravat sales company a nationwide distributor of a designers silk

  Silver company makes a product that is very popular as a

silver company makes a product that is very popular as a mothers day gift. thus peak sales occur in may of each year as

  Does the firm break down their costs by behavior

Does the firm break down their costs by behavior? Do they determine their break-even point? Do they use these concepts in the decision-making process? Do you have any recommendations to make?

  Articulate measurement and management initiatives

Articulate measurement and management initiatives for a sustainability-focused business - Gekko-Eco Balanced Scorecard

  How the short term nature of such measures

"Both Return on Investment (ROI) and Economic Value Added (EVA), when used as performance measures in an organisation, encourage managers to be short-term in their focus and decision making".

  Calculate the net present value of the investment assuming

Calculate the net present value of the investment assuming the company has a required rate of return of 14 percent. Should the company invest in the new limousine?

  Question on environmental management system

What are internal and external environmental factors that affect an environmental management system (EMS)? Which factors create the greatest challenge in planning an EMS? How could an EMS benefit healthcare organization?

  What are the assets employed in preparing your dinner

What are the assets employed in preparing your dinner? Did your full cost include depreciation on these assets? If you do not own the assets, did your full cost include a portion of the monthly rental of the assets?

  Compute the activity rate for each pool

The company has provided the following data concerning its activity-based costing system: Compute the activity rate for each pool

  Primary job duties of accountant

The job "accountant" can mean many different things, depending on the organization, its structure, and expectations for the accounting function.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd