The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 are as follows:
Date Transaction Number of Units Per Unit Total
Jan. 1 Inventory 7,500 $ 75.00 $ 562,500
10 Purchase 22,500 85.00 1,912,500
28 Sale 11,250 150.00 1,687,500
30 Sale 3,750 150.00 562,500
Feb. 5 Sale 1,500 150.00 225,000
10 Purchase 54,000 87.50 4,725,000
16 Sale 27,000 160.00 4,320,000
28 Sale 25,500 160.00 4,080,000
Mar. 5 Purchase 45,000 89.50 4,027,500
14 Sale 30,000 160.00 4,800,000
25 Purchase 7,500 90.00 675,000
30 Sale 26,250 160.00 4,200,000
Required:
1. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period.
2. Determine the ending inventory cost as of March 31.
Answers
Answer:
Total Sales $19875,000
Cost Of Goods Sold: $ 11902,000
Gross Profit $ 7973,000
Ending Inventory 11,250 units
Explanation:
Midnight Supplies
DATA
Date Transaction Number of Units Per Unit Total
Jan. 1 Inventory 7,500 $ 75.00 $ 562,500
10 Purchase 22,500 85.00 1,912,500
28 Sale 11,250 150.00 1,687,500
30 Sale 3,750 150.00 562,500
Feb. 5 Sale 1,500 150.00 225,000
10 Purchase 54,000 87.50 4,725,000
16 Sale 27,000 160.00 4,320,000
28 Sale 25,500 160.00 4,080,000
Mar. 5 Purchase 45,000 89.50 4,027,500
14 Sale 3 0,000 160.00 4,800,000
25 Purchase 7,500 90.00 675,000
30 Sale 26,250 160.00 4,200,000
Total Sales $19875,000
Date Transaction Number of Units Per Unit Total
Jan.
28 Sale 11,250 150.00 1,687,500
30 Sale 3,750 150.00 562,500
Feb. 5 Sale 1,500 150.00 225,000
16 Sale 27,000 160.00 4,320,000
28 Sale 25,500 160.00 4,080,000
Mar 14 Sale 3 0,000 160.00 4,800,000
30 Sale 26,250 160.00 4,200,000
Total Sales 125250 19875,000
Cost Of Goods Sold:$ 11902,000
Date Transaction Number of Units Per Unit Total
Jan. 1 Inventory 7,500 $ 75.00 $ 562,500
10 Purchase 22,500 85.00 1,912,500
Feb 10 Purchase 54,000 87.50 4,725,000
Mar. 5 Purchase 45,000 89.50 4,027,500
25 Purchase 7,500 90.00 675,000
Total 136,500 $ 11902,000
Gross Profit = Sales Less COGS
= $19875,000- $ 11902,000
= $ 7973,000
2. Ending Inventory = Units Purchased Less Units Sold
= 136,500-125250 = 11,250 units
Related Questions
I WILL GIVE BRAIN
After seviewing the technical skills required to perform tasks in the manufacturing industry, do you think these skills are
more or less important than the interpersonal skills we discussed in previous units?
Answers
What is an example of a 'Sunk cost" ? *
A the price of food when cooking a meal
B. the price of a video game when buying a birthday present
C. the price of last month's car repairs when getting your car fixed
D the price of college when getting a job
Answers
Answer:
C. the price of last month's car repairs when getting your car fixed.
Explanation:
The correct option is - C. the price of last month's car repairs when getting your car fixed.
Reason -
A sunk cost is a past cost that you can’t recover.
Alpha Inc. has receivables from unrelated parties with a face value of $5,000. It transfers these receivables to bank for $4,500, without recourse. It will continue to collect the receivables, depositing them in a non-interest-bearing bank account with the cash flows remitted to the bank at the end of each month. It is not allowed to sell or pledge the receivables to anyone else and is under no obligation to repurchase the receivables from bank. Which of the following is the appropriate treatment for these Accounts receivables?
A) It should show these receivables in its Balance Sheet.
B) It should amortize these receivables.
C) It should derecognize these receivables.
D) It should derecognize these receivables if it retains the interest earned on these.
Answers
Answer:
C). It should derecognize these receivables.
Explanation:
Derecognition is characterized as the process of removing or derecognizing a financial asset or liability from the company's balance sheet that was previously acknowledged. In the given situation, the appropriate treatment for the Account receivables would be to dercognize it as the organization does not possess any control over them. Thus, option C is the correct answer.
Serge stayed at a bed and breakfast in a mountain town. The bed and breakfast provides food and a comfortable
room for Serge each night after he skis and hikes in the mountains. What term best describes the role of the bed
and breakfast
hospitality
tourism
O sightseeing
recreation
Answers
Answer:
C
Explanation:
The term best describes the role of the bed and breakfast is hospitality. Thus the correct option is A.
What is a Context clue?Any kind of hint or idea reflects from the statements which helps the reader to understand the clear context in which the word is used refers to a context clue. This clue helps the reader to determine the appropriate meaning.
The relationship between a host and a guest is known as hospitality, and it involves the host's goodwill expressions for the guest as well as providing them with better amenities to enhance their stay.
In the given case, Serge receives a bed and breakfast in a mountain town which provides him comfort and describes the elements of hospitality as a nice gesture from the host to the guest.
Therefore, option A is appropriate.
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The Morris Company uses cash-basis accounting for its records. During 2019, Morris collected $150,000 from its customers, made payments of $70,000 to its suppliers for merchandise inventory, and paid $40,000 for operating costs. Morris wants to prepare its financial statements on an accrual basis. In gathering information for the accrual-basis financial statements, Morris discovered the following:
Answers
a. Accrual-basis revenue fοr Y1 fοr ABC Cοmpany is $732,600.
b. Accrual-basis CοGS fοr Y1 fοr ABC Cοmpany is $283,100.
c. Accrual-basis tοtal incοme fοr Y1 fοr ABC Cοmpany is $198, 200.
What is Cash accοunting?Cash basis accοunting, which recοrds revenue at the time it is actually received, alsο recοrds expenses as they are paid. Cash accοunting dοes nοt acknοwledge οr keep track οf accοunts payable and receivable. Therefοre, this methοd wοrks best fοr small businesses withοut a stοckpile.
a: Compute the accrual-basis revenue in the following manner:
Revenue = Collections + Accounts receivable, ending - Accounts receivable, beginning
= $750,000+$44,800-$62,200
= $732,600
b: Compute the accrual-basis cost of goods sold in the following manner:
Cost of goods sold = Purchases + Inventory, beginning - Inventory, ending = ($270,000+ $36,200-$25,000)+$55,100-$53,200
= $283,100
C. Compute the accrual-basis total income in the following manner:
Total income
⇒ Revenue-Cost of goods sold-Operating expenses
+(Prepaid expenses, beginning - Prepaid expenses, ending) +(Accrued expenses, ending - Accrued expenses, beginning) -Depreciation
⇒ $732,600-$283,100-$188,000+($5,700-$8,800)
+($22,500-$14,500)-$68,200
= $198, 200
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Complete question :
ABC Company uses cash-basis accounting for its records. During Y1, ABC collected $750,000 from its customers, made payments of $270,000 to its suppliers for inventory, and paid $188,000 for operating costs. ABC wants to prepare accrual-basis financial statements. In gathering information for the accrual-basis financial statements, ABC discovered the following:
Customers owed ABC $62,200 at the beginning of Y1 and $44,800 at the end of Y1.
ABC owed suppliers $25,000 at the beginning of Y1 and $36,200 at the end of Y1.
ABC's beginning inventory was $55,100, and its ending inventory was $53,200.
ABC had prepaid expenses of $5700 at the beginning of Y1 and $8800 at the end of Y1.
ABC had accrued expenses of $14,500 at the beginning of Y1 and $22,500 at the end of Y1.
Depreciation for Y1 was $68,200.
Required:
a. Accrual-basis revenue for Y1 for ABC Company is:
b. Accrual-basis COGS for Y1 for ABC Company is:
c. Accrual-basis total income for Y1 for ABC Company is:
A company cannot have discriminatory hiring policies based on race, gender or disabilities, even if the disability could impact performance.
Answers
Question 4 (4 points)
Match each Type of Sales Channel to its corresponding description.
>
Selling products in bulk
to various outlets or
retailers for onward
sale.
When a brand or
manufacturer sells
direct to consumers
and the end users of
their products, as
opposed to selling to
them solely through
retailers.
Selling products directly
to end customers for a
profit, either in-store,
online, mail-order, or
by phone.
Businesses that sell to
other businesses who
are the intended end
user of the product.
1. Retail.
2. Wholesale
3. Direct to Consumer
4. B2B
Answers
Based on business and trading methods, the type of sales channel, that matches the description can be any of the following Retail, Wholesale, Direct Consumer, or B2B.
What are Sales Channels?The Sales Channel is a term that is used to describe the ways or methods in which producers sell their products. This method can either be through direct or indirect routes.
Considering the available descriptions we have the following sales channel matching them.Wholesale: Selling products in bulk to various outlets or retailers for onward sale.Direct to Consumer: When a brand or manufacturer sells direct to consumers and the end users of their products, as opposed to selling to them solely through retailers.Retail: Selling products directly to end customers for a profit, either in-store, online, by mail-order, or by phone.B2B: Businesses that sell to other businesses who are the intended end user of the product.Hence, in this case, it is concluded that each of the types of sales channels has its peculiarities that producers may choose to utilize.
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Many graduates choose to go to a community college or a trade school after graduation to save money on tuition. Typically, a trade school program takes two years to complete and ends with
an apprenticeship in the student's chosen trade to provide hands-on training.
How does the decision to go to a trade school rather than a university affect the long-term financial goals of an individual? IE.1.4
O It leads to less hands-on training and less difficulty finding a job.
O It creates less debt from tuition and the ability to enter the workforce sooner.
O It leads to more hands-on training and more difficulty finding a job.
O It creates more debt from tuition, and trade school takes longer to complete.
Answers
Going to a trade school rather than a university can positively affect the long-term financial goals of an individual by Option B. It creates less debt from tuition and the ability to enter the workforce sooner.
One of the primary advantages of choosing a trade school is the lower cost of tuition compared to a traditional university. Trade schools typically have lower tuition fees, making them more affordable for many students. This translates to less debt burden, allowing individuals to start their careers with a smaller financial obligation.
Additionally, trade school programs are typically shorter in duration, typically taking two years to complete. This means that students can enter the workforce and start earning sooner compared to the longer duration of university programs. By gaining early entry into the workforce, individuals have the opportunity to start earning and saving money earlier, contributing to their long-term financial goals.
Furthermore, trade school programs often emphasize hands-on training and practical skills development. This prepares students directly for their chosen trade and enhances their employability. They gain specific, job-related skills that are in demand, which can make it easier for them to find employment in their field upon completion of the program.
In contrast, attending a university often involves higher tuition costs, longer program durations, and a broader education rather than a focused trade-specific curriculum. While universities provide valuable knowledge and opportunities for certain careers, trade schools offer a more cost-effective and streamlined path for individuals seeking hands-on training and immediate entry into the workforce. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Many graduates choose to go to a community college or a trade school after graduation to save money on tuition. Typically, a trade school program takes two years to complete and ends with an apprenticeship in the student's chosen trade to provide hands-on training. How does the decision to go to a trade school rather than a university affect the long-term financial goals of an individual? IE.1.4
A. It leads to less hands-on training and less difficulty finding a job.
B. It creates less debt from tuition and the ability to enter the workforce sooner.
C. It leads to more hands-on training and more difficulty finding a job.
D. It creates more debt from tuition, and trade school takes longer to complete.
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Allan got a job at Tim Hortons on campus. His income for the year will be less than $30K. His new employer wants him to fill out a TD1 form. Allan is a single dad and has a daughter under 18. Allan is over 65 years of age and also has a valid T2201 on file with CRA. Allan wants payroll to deduct an additional $100 per pay cheque to avoid paying additional taxes at year-end. He has not received any bursaries or scholarships.
Answers
Based on the information given about the tax, the way to fill the TD1 form will be:
He should follow the instructions on each line or the provincial and federal forms.Each of the amounts on the line is added together.The sum is then entered into the last line of page 1.How to illustrate the information?It should be noted that the TD1 form is used to determine the amount of tax that will be deducted from the income of an individual.
In this case, Allan has a T2201 which is a disability tax credit certificate. This is important as it helps people who have disabilities to reduce the amount of income tax that they'll pay.
Furthermore, Allan is a single dad, has a daughter under 18, and is over 65 years of age. Therefore, the appropriate way to fill the form is illustrated.
Complete question:
Allan got a job at Tim Hortons on campus. His income for the year will be less than $30K. His new employer wants him to fill out a TD1 form. Allan is a single dad and has a daughter under 18. Allan is over 65 years of age and also has a valid T2201 on file with CRA. Allan wants payroll to deduct an additional $100 per pay cheque to avoid paying additional taxes at year-end. He has not received any bursaries or scholarships. As a payroll admin, you're required to assist Allan in completing his TD1 form.
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Pizza International, Incorporated, reported the following information (in thousands):
Operating Activities
Net Income $ 100
Depreciation 33,305
Increase in receivables 170
Decrease in inventory 643
Increase in prepaid expenses 664
Decrease in accounts payable 8,720
Increase in accrued liabilities 719
Decrease in income taxes payable 2,721
Payments on notes payable 12,691
Cash paid for equipment 29,073
The following is the summarized income statement for Pizza International, Incorporated (in thousands):
Revenues $ 143,551
Cost of Sales 45,500
Gross Profit 98,051
Salary and Wages Expense 56,835
Depreciation 33,305
Office Expense 7,781
Net Income before Income Tax Expense 130
Income Tax Expense 30
Net Income $ 100
Required:
Based on this information, compute cash flow from operating activities using the direct method. Assume Prepaid Expenses and Accrued Liabilities relate to office expenses.
What was the primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss?
Answers
The combination of adding back non-cash expenses, decreases in working capital accounts, and a decrease in inventory contributed to the large positive cash flow from operations despite nearly having a net loss.
To compute cash flow from operating activities using the direct method, we need to analyze the changes in different balance sheet accounts. Let's go step by step:
Step 1: Calculate Cash Flows from Operating Activities using the Direct Method
- Start with net income: $100,000
- Add back depreciation: $33,305
- Subtract the increase in receivables: $170
- Add the decrease in inventory: -$643 (Note: decrease is subtracted)
- Subtract the increase in prepaid expenses: -$664
- Add the decrease in accounts payable: -$8,720 (Note: decrease is subtracted)
- Subtract the increase in accrued liabilities: -$719
- Add the decrease in income taxes payable: -$2,721
- Subtract payments on notes payable: -$12,691
- Subtract cash paid for equipment: -$29,073
Cash flow from operating activities using the direct method: $99,464
Step 2: Analyzing the reason for positive cash flow from operations despite a net loss
The primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss is due to non-cash expenses, such as depreciation, which is added back to net income. Depreciation is a non-cash expense that reduces net income but does not involve actual cash outflow. Therefore, adding back depreciation increases the cash flow from operating activities.
Additionally, there were decreases in working capital accounts, such as accounts payable and income taxes payable, which led to a positive impact on cash flow from operating activities. The decrease in accounts payable and income taxes payable means that Pizza International paid off its liabilities, resulting in a decrease in cash outflow.
Furthermore, there was a decrease in inventory, which also positively impacted cash flow from operating activities. Decreasing inventory reduces the amount of cash tied up in unsold goods.
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Question 10 of 10
How do values play a role in planning a career?
Answers
Career values are crucial since they can help define the parameters for your personal fulfillment and professional success. You may be intentional in your employment search and utilize your values to build your future by recognizing your own values and what matters most to you.
What are values in career planning?Work values, also known as career values, are the personal ideas, drives, and beliefs that guide you in determining what matters most to you in your professional life. Your drive to work and your overall success at work are both influenced by them.
Our actions, relationships, and lives as a whole are influenced by our own values. In addition to helping us make important decisions, our beliefs can affect how we develop personally. Knowing your values will help you make decisions about your profession, relationships with others, and interests that are most important to you.
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Complete Part 2 of Form 940 based on the following information: (Round your answers to two decimal places, if necessary.) Total payroll for the year $913,590 Payroll to employees in excess of $7,000 $421,930 Employer contributions into employees' 401(k) plans $23,710
Answers
5481.54 is the amount for the FUTA tax before adjustment. As Total payroll for the year $913,590 Payroll to employees in excess of $7,000 $421,930 Employer contributions into employees' 401(k) plans $23,710.
What does a tax adjustment mean?Numerous expenses, payments, donations, fees, etc. may be deducted from a taxpayer's gross income. To calculate the adjusted gross income on Form 1040, the adjustments are deducted from the total income.
Income can be modified to account for expenses like college tuition, student loan interest, alimony payments, or retirement account contributions. Your AGI will never be higher than your gross total income reported on the tax return, though it may occasionally be lower. See Schedule 1 of the 1040 instructions PDF for further information.
Thus, 5481.54 is the amount.
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One of your classmates would like to open a food delivery service in town. This service would allow people to buy lunch or dinner through an app from a list of restaurants. She’s in the early stages of her analysis and she is asking your advice on possible sources of data that she can use. What kind of resources would you direct her to? Why?
Answers
Based on the fact that a classmate wants to open a food delivery service in town that would enable customers to make use of an app to make orders for lunch or dinner, the resource I would direct her to is the result of an online survey.
The reason for this is to give her insight on the needs of her potential customers and adjust accordingly.
What is a Survey?This refers to the quantitative analysis that is sent to a group of persons in order to get input from them on different issues or topics that would help them analyze and make decisions.
Hence, we can see that in order to make an accurate analysis of the food delivery system which is in the early stages, the best advice to give to her is to ask her to check the result of an online survey about a related food delivery system.
What this does is give her insight on the needs of her potential customers and adjust accordingly.
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which of the following is not a sign to clear a table?
A. Napkins are put back on table.
B. Cutlery is placed in a vertical position on top of plate
C. Cutlery is placed in a perpendicular position on top of plate
D All of the above
Answers
Answer:
is placed in a vertical position on top of plate
C. Cutlery is placed in a perpendicular position on top of plate
D All of the above
Draw a graph with Goods Per Day on the vertical axis and Leisure Hours Per Day increasing from left to right on the horizontal axis. Show that a person who works can work fewer hours and increase utility when the wage rate increases.
Answers
The person's financial limitation would be represented by a curve that sloped from left to right, showing that the more free time someone has, the fewer things they can afford, and vice versa.
What does a graph with a market supply curve's vertical axis mean?In economics, the supply curve is a graphical depiction of the relationship between the price of a good and the amount of it that a seller is willing and able to supply.
What products have vertical supply curves as examples?A vertical supply curve demonstrates that the supply of a certain commodity is fixed and unaffected by price. Helium, for instance, has a limited supply, hence the market will determine its price rather than increasing supply.
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If a person earns $21,000 per year and another person earns $25,000 per year what is the yearly difference in average earrings?
Answers
Answer:
4,000
Explanation:
its easy just subtract the 21,000 from 25,000 and you get 4,000.
How are flexible exchange rates different from fixed exchange rates?
Answers
flexible exchange rates depend on multiple variables in the market but fixed exchange rates stay the same no matter the change in variables.
Turnbull Co. has a target capital structure of 58% debt, 6% preferred stock, and 36% common equity. It has a before-tax cost of debt of 11.1%, and its cost of preferred stock is 12.2%. If Turnbull can raise all of its equity capital from retained earnings, its cost of common equity will be 14.7%. However, if it is necessary to raise new common equity, it will carry a cost of 16.8%. If its current tax rate is 40%, how much higher will Turnbull's weighted average cost of capital (WACC) be if it has to raise additional common equity capital by issuing new common stock instead of raising the funds through retianed earnings?
Answers
Answer:
0.75%
Explanation:
In the first place, the weighted average cost of capital is the average cost of finance a firm incurs on aggregate on all its sources of finance a shown by the formula below:
WACC=(weight of equity*cost of equity)+(weight of preferred stock*cost of preferred stock)+(weight of debt*before-tax cost of debt )*(1-tax rate)
Note only debt has tax impact deduction
tax rate=40%
WACC using retained earnings:
WACC=(36%*14.7%)+( 6%* 12.2%)+(58%* 11.1%)*(1-40%)
WACC=9.89%
WACC using new common equity:
cost of new common equity=16.8%
WACC=(36%*16.8%)+( 6%* 12.2%)+(58%* 11.1%)*(1-40%)
WACC=10.64%
increase in WACC=10.64%-9.89%
increase in WACC=0.75%
What is characteristic of Cloud computing?
Answers
The characteristic of Cloud computing are On-Demand Self-Service, Broad Network Access, Resource Pooling, Rapid Elasticity and Measured Service.
Cloud computing is a technology paradigm that offers on-demand access to a shared pool of computing resources over the internet. It is characterized by several key features:
On-Demand Self-Service: Cloud computing allows users to provision and access computing resources, such as servers, storage, and applications, as needed without requiring human interaction with service providers. Broad Network Access: Cloud services are accessible over the internet from a variety of devices, including desktop computers, laptops, tablets, and smartphones.Resource Pooling: Cloud providers consolidate and share computing resources, such as servers and storage, among multiple users or customers. Rapid Elasticity: Cloud services can rapidly scale up or down to accommodate fluctuating workloads and user demands. Measured Service: Cloud computing enables metering and monitoring of resource usage. Providers track and measure resource consumption, such as storage, processing, bandwidth, and active user accounts.For such more question on Elasticity:
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What is the pro-forma as adjusted cash and cash equivalents amount on Twitter’s balance sheet as mentioned in the amended S-1 filed November 4, 2013
Answers
Answer:
The pro-forma as adjusted cash and cash equivalents amount on Twitter's balance sheet as mentioned in the amended S-1 filed November 4, 2013 is:
$1,777,009,000
Reference was made to sec.gov/Archives/edgar/data.htm.
Explanation:
Cash and cash equivalents are company's current assets that are cash or can be converted into cash immediately. They are the most liquid of current assets.
We are all familiar with cash. Cash equivalents are short-term investments and commitments which a company can enter into using "temporarily idle cash" and they can easily be converted into cash as needed. Included in cash equivalents are bank accounts and marketable debt securities with less than 90 days' maturity period. The expression means that they are equivalent to cash but are not cash because of their ease of convertibility.
TẠI SAO KHI MỘT DOANH NGHIỆP SẢN XUẤT HÀNG TIÊU DÙNG MUỐN MỞ RỘNG THỊ TRƯỜNG TIÊU THỤ SẢN PHẨM THÌ CẦN NGHIÊN CỨU CẢ CÁC ĐẶC ĐIỂM VĂN HÓA CỦA THỊ TRƯỜNG ĐÓ?
Answers
Explanation:
v toget ejak, jus like a ell kk the time I've ever experienced in water tank for the job to do it well that's a ell kk an hour and i will be ki xaina the morning to me I k h I is an of the first one ma jaun is the river la k padaunu vayo vane the first time in the morning and i is a ko be back by then you can come e backstabber Y the morning and i is a ko be back in the morning to get the first time I've ever had to get the first one ma jaun
Question Content Area
Journalize the entries to record the following selected transactions:
a. Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the goods sold was $510.
b. Paid $436 to the state sales tax department for taxes collected.
If an amount box does not require an entry, leave it blank.
a.
- Select -
- Select -
blank
- Select -
- Select -
- Select -
- Select -
b.
Answers
When the final sale in the supply chain is made, the retailer is responsible for collecting sales tax. The required journalized entries for the selected transactions involving sales tax are attached below.
The state levies a consumption tax, the so-called sales tax, on the purchase of goods and services. A standard sales tax is collected at the point of sale, collected at the store and remitted to the government.
Depending on the regulations in that country, a business may be responsible for sales taxes in that jurisdiction if it has a presence there, which can be a physical site, an employee, or an associate. The calculation of sales tax for (a) is:
Sales Tax Payable = Amount of sales× Sales Tax
= $900 × 7%
= $63
Therefore, all the selected transactions are explained with the help of the journal entries.
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Your question is incomplete, but most probably the full question was,
Question Content Area
Journalize the entries to record the following selected transactions:
a. Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the goods sold was $510.
b. Paid $436 to the state sales tax department for taxes collected.
If an amount box does not require an entry, leave it blank.
a.
- Select -
- Select -
blank
- Select -
- Select -
- Select -
- Select -
b.
- Select -
- Select -
blank
Write about three pages (750 words) on one of the following topics. In writing your essay, feel free to build on insights from the discussion boards. Drawing on insights from the religion module, compare and contrast how you imagine life to be different for a believer, an agnostic, and an atheist. Imagine a society without literature, music, visual arts, dance, and so forth. Reflect on what would be lost, what gained. I’ll evaluate your exams mainly by the following criteria: Originality of your ideas Development of thoughts Style of writing
Answers
A believer would find solace and guidance in their faith, deriving meaning and purpose from their religious practices.
What would be an agnostic's approach to life?An agnostic would approach life with an open mind, seeking answers through rational inquiry and personal experience.
An atheist, lacking belief in deities, would rely on reason and evidence for understanding the world. In a society devoid of literature, music, visual arts, and dance, profound losses would occur.
The expressions of human creativity, emotional catharsis, and the exploration of diverse perspectives would vanish. Cultural richness, intellectual stimulation, and the shared human experience would be greatly diminished.
However, new avenues for innovation and problem-solving may emerge as attention shifts to other forms of knowledge and human endeavors.
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Which type of bonds are written by a municipality with you give me to repay the amount of the bond plus interest on a particular maturity date
A) government
B) preferred
C)mutual
Answers
The Correct Answer: government
lucia wants to develop a process for dyeing shirts so that the color will not fade when the a soda bottle contains 20.0 oz of soda. if you drink 6.70 oz, what percentage of the soda have you consumed? view available hint(s)for part a a soda bottle contains 20.0 oz of soda. if you drink 6.70 oz, what percentage of the soda have you consumed? 33.5% 0.335% 2.99% 6.70% is washed. she proceeds with the following activities: a. lucia notices that the dye in a design fades when the shirt is washed. b. lucia decides that the dye needs something to help it combine with the fabric. c. she places a spot of dye on each of four shirts and then places each one separately in water, salt water, vinegar, and baking soda and water. d. after one hour, all the shirts are removed and washed with a detergent. e. lucia notices that the dye has faded on the shirts in water, salt water, and baking soda, while the dye did not fade on the shirt soaked in vinegar. f. lucia thinks that the vinegar binds with the dye so it does not fade when the shirt is washed.
Answers
Lucia notices that the dye in a design fades when the shirt is washed.-This is an observation.
Lucia decides that the dye needs something to help it combine with the fabric.- This is her Hypothesis.
She places a spot of dye on each of four shirts and then places each one separately in water, salt water, vinegar, and baking soda and water.- This is part of her Experiment.
After one hour, all the shirts are removed and washed with a detergent.- This is part of her Experiment.
Lucia notices/observes that the dye has faded on the shirts in water, salt water, and baking soda, while the dye did not fade on the shirt soaked in vinegar. -This is an observation.
Lucia thinks that the vinegar binds with the dye, so it does not fade when the shirt is washed.- This is her Theory.
Solving this problem requires understanding the differences and relationships between the terms observation, hypothesis, experiment, and theory.
An observation is something you see in nature or in any system. It also describes what you will see as a result of the experiment. For example, Lucia discovered that the dyes in the design faded when the shirt was washed, and that soaking the shirt in vinegar did not.
A hypothesis is a paragraph that suggests why the process described by the observation occurs. For example, Lucía thought he needed something to help the dye bond with the fabric. This hypothesis needs to be confirmed.
An experiment is a procedure used to test and validate a hypothesis. For example, in an assay developed by Lucía, shirts were exposed to different liquids.
Finally, a theory is a complete explanation of observations and hypotheses proposed and evaluated through experimentation. The result or completion after all previous steps have been exhausted. For example, Lucia points out that the vinegar binds to the dye so it doesn't fade when you wash your shirt.
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Complete question:
Lucia wants to develop a process for dyeing shirts so that the color will not fade when the shirt is washed. She proceeds with the following activities:
1. Lucia notices that the dye in a design fades when the shirt is washed.
2. Lucia decides that the dye needs something to help it combine with the fabric.
3. She places a spot of dye on each of four shirts and then places each one separately in water, salt water, vinegar, and baking soda and water.
4. After one hour, all the shirts are removed and washed with a detergent.
5. Lucia notices that the dye has faded on the shirts in water, salt water, and baking soda, while the dye did not fade on the shirt soaked in vinegar
6. Lucia thinks that the vinegar binds with the dye so it does not fade when the shirt is washed.
Part A
Identify each of the statements as an observation, a hypothesis, an experiment, or a theory.
Drag the appropriate items to their respective bins.
Observation
Hypothesis
Experiment
Theory
The income statement for Thomas Manufacturing Company for a period is as follows:
Sales (10,000 units)
Variable expenses
Contribution margin
Fixed expenses
£
120.000
72,000
48.000
36.000
Operating income
12,000
If sales increase by £60,000, what will happen to profit?
Answers
Answer:
mankie
Explanation:
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Select the correct answer.
The following is an extract of the balances of a company. What is the company’s return-on-assets percentage?
Items Amount ($)
Revenue 50,000
Expenses 10,000
Tax paid 10,000
Fixed assets 80,000
Current assets 20,000
A.
25 percent
B.
30 percent
C.
35 percent
D.
40 percent
Answers
Answer:
I believe the answer is B. 30 percent
good luck, i hope this helps :)
Hope this helps :)
Define the six sources of business law
Answers
Answer:
Explanation:
Sources of law are the origins of laws, the binding rules that enable any state to govern its territory. The term "source of law" may sometimes refer to the sovereign or to thUS Constitution. Constitutional law governs the interpretation of the US Constitution and its statutes.
Federal Statutes. Statutory law is the body of written laws that have been passed by the US Congress.
Common Law. US common law is also called case law. ...
Regulations of Federal Agencies. ...
International Treaties. ...e seat of power from which the law derives its validity.
The manager of the main laboratory facility at CapitalHealth Center is interested in being able to predict the overhead costs each month for the lab. The manager believes that total overhead varies with the number of lab tests performed but that some costs remain the same each month regardless of the number of lab tests performed. The lab manager collected the following data for the first seven months of the year. (Click the icon to view the data.) Use the high-low method to determine the laboratory's cost equation for total laboratory overhead. Use your results to predict total laboratory overhead if 3,000 lab tests are performed next month.
Number of Lab Tests Performed Total Laboratory Overhead Costs Month January February March ....... 2,800 2,600 3,100 April 3,550 $21,500 $22,700 $27,900 $31,400 $28,500 $19,500 $14,500 May ....... 3,700 1,200 June July 1,400
Answers
Answer:
Total cost= $26,668
Explanation:
Giving the following information:
Highest cost= $31,400
Lowest cost= $14,500
Highest activity= 3,700
Lowest activity= 1,200
To calculate the variable and fixed costs, we need to use the following formula:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (31,400 - 14,500) / (3,700 - 1,200)
Variable cost per unit= $6.76
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 31,400 - (6.76*3,700)
Fixed costs= $6,388
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 14,500 - (6.76*1,200)
Fixed costs= $6,388
Now, for 3,000 tests:
Total cost= 6,388 + 6.76*3,000
Total cost= $26,668
c. Jessica Tate borrows $2,000 at a 10 percent add-on rate for two years. What is the finance charge?
Answers
Answer:
$400.
Explanation:
The simple interest is given by the formula below;
\(I = PRT\)
Where;
I = Interest or Finance charge.
P = Principal
.
R = Rate.
T = Time (in years).
Given the following parameters;
I =?,
P = $2,000
R = 10% = 0.1
T = 2 years
Substituting into the formula, we have;
I = 2000 * 0.1 * 2
I = $400.
Hence, the finance charge is $400.