Trimble Company sells an electronic toy for $40. The variable cost is $24 per unit and the fixed cost is $32,000 per year. Management is considering the following changes: Alternative #1 Lease a new packaging machine for $4,000 per year, which will reduce variable cost by $1 per unit. Alternative #2 Increase selling […]
Dana La Fontsee opened Pro Window Washing Inc. on July 1, 2012. During July the following transactions were completed. July 1 Issued 12,000 shares of common stock for $12,000 cash. 1 Purchased used truck for $8,000, paying $2,000 cash and the balance on account. 3 Purchased cleaning supplies for $900 on account. […]
You are a member of a recently formed committee to deal with numerous complaints against police and correction officers in your town and are asked to determine if there is merit to these allegations and develop a protocol to address the current problem and prevent these practices from occurring in the future. The allegations are a […]
Problem 1: Able Corporation incurred the following costs. Beginning direct materials inventory $16,000 Beginning work-in-process inventory $7,000 Beginning finished goods inventory $19,000 Ending direct materials inventory $16,000 Ending work in process $14,000 Ending finished goods $ 26,000 Factory supervisor’s salary $28,000 Depreciation on plant $12,000 Sales $800,000 Selling and administrative expenses $125,000 Plant maintenance $6,000 […]
compare and contrast the traits of a narcissistic leader with that of a covenant leader. What is the organizational impact of a narcissistic leader and a covenant leader? Imagine that you were a recently appointed Chief of Police in a large local police organization where the former police chief was not only a narcissistic leader, […]
The following information relates to Vice Versa Ventures for calendar year 20XX, the company’s first year of operations: Units produced 20,000 […]
Picasso Restoration Company completed the following selected transactions during August 2012: Aug. 1 Established a petty cash fund of $750 10. The Cash Sales for the day, according to the cash register records, totaled $9780. The actual cash received from cash sales was $9800. 31 Petty […]
Carmack Company has credit sales of 2.6 million for the year 2011. On December 31, 2011, the company’s Allowance for Doubtful Accounts has an unadjusted credit balance of $13,400. Carmack prepares a schedule of it’s December 31, 2011, accounts receivable by age. On the basis of past experience, it estimates the percent of receivables in […]
ENSC 1103 Environmental Science (Assignment 7) Answer the following questions associated with Chapter 15 & 16. You will need to be complete with your answers to receive full credit. 1. Define water pollution, point source, and nonpoint source pollution. Which of the two (point source or nonpoint source) is easier to identify? Which is easier […]
Outfitters Supply Co. completed the following transactions during the year. […]