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2. In 2010, Printext estimates that for every two...
Could you solve clearly? Thanks a lot!! riable cost per unit is od are $750,000. Ellis'...
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riable cost per unit is od are $750,000. Ellis' variable costs increase by 20% and fixed cost The selling price of one unit of a product made by Ellis Corp. $1.50. Fixed costs per period are $150,000. Ellis variable decrease by 5%. These changes will cause the company BEP TO a. increase by 5,000 units. b. decrease by 5,000 units. c. increase by 2,778 units. d. decrease by 2,778 units. e. increase by...
Could you solve clearly? Thanks a lot!! Glenrose Co. introduced a high-quality leather briefcase in 2010....
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Glenrose Co. introduced a high-quality leather briefcase in 2010. The company provides a three-year warranty on the products and estimates that 1% of the briefcases sold will need to be repaired in Year 1. 3% in Year 2, and 4% in Year 3. The average expected repair cost per briefcase is $60. During 2010. the company sold 50,000 briefcases and spent $17,500 for repairs. Related to these briefcases, Glenrose a. does not need...
Could you solve clearly? Thanks a lot!! 17. 18. 19. 20. 21. 22. DTE SHOW YOUR...
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17. 18. 19. 20. 21. 22. DTE SHOW YOUR WORK NEXT TO ALL MULTIPLE CHOICE QUESTIONS. IF NO WORK IS SHOWN NO POINTS ILL BE GIVEN FOR THE PROBLEM. Baca Inc.'s current product selling price is $70, variable cost per unit is $35, total fixed costs are 57.730.000, and sales volume is 150,000 units. The company is considering accepting an order to sell an additional 5,000 units for $40 per unit. Variable Selling...
Could you solve clearly? Thanks a lot!! 15. Joliet's 2009 and 2010 financial statements included the...
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15. Joliet's 2009 and 2010 financial statements included the following data: 2009 2010 Accounts Receivable $ 150,000 $ 250,000 Inventory 150,000 195,000 Total Assets 946,000 878,000 Net Sales (all on credit) 2,000,000 2,200,000 Cost of Goods Sold 1,300,000 1,500,000 Assume a 360-day year for all calculations. a. b. What is Joliet's accounts receivable turnover ratio for 2010? 8.8 10.5 11.0 13.3 14.0 d. e.
Could you solve clearly? Thanks a lot!! 1 July 1, 2010, Studemont purchased a delivery truck...
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1 July 1, 2010, Studemont purchased a delivery truck for $50,000. The truck has a $10,000 salvage value and a 160,000-mile estimated useful life. Studemont uses the units-of-production depreciation method. Studemont drove the truck 20.000 and 50,000 miles during 2010 and 2011, respectively. What is the balance in Studemont's Accumulated Depreciation account relative to delivery truck at December 31, 2011? a. $ 5,000 b. $12,500 $15,000 $17,500 e. $21,875
Could you solve clearly? Thanks a lot!! G Corp. began 2010 with $2,000,000 in its equipment...
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G Corp. began 2010 with $2,000,000 in its equipment account. During 2010, G sold equipment with a historical cost of $300,000 at a $20,000 gain. At the end of 2010, G Corp. had a $3,300,000 balance in the equipment account. G bought new equipment during the year by signing a $200,000 note payable; the note and interest are due in 2011. In 2010, how much cash did G Corp. pay for equipment purchases?...
Could you solve clearly? Thanks a lot!! Bullwinkle's Direct Material Inventory balance at the end of...
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Bullwinkle's Direct Material Inventory balance at the end of 2009 and 2010 was $200,000 and $350,000, respectively. During 2010, Bullwinkle transferred $700,00 winkle transferred $700,000 of direct materials to Work in Process Inventory. How many dollars of direct materials did Bullwinkle buy during 2010?! a. $150,000 b. $350,000 c. $550,000 d. $700,000 e. $850,000
Could you solve clearly? Thanks a lot!! Brandt Corporation's office supplies account balance at the end...
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Brandt Corporation's office supplies account balance at the end of 2009 and 2010 was $110,000 and $150,000, respectively. During 2010, Brandt's office supplies expense was $75,000. During 2010, how many dollars of office supplies did Brandt purchase? a $ 35,000 15o ano - 11oooo Yooouo b. $ 75,000 - 75000 c. $ 115,000 - 35.00 d. $150,000 e. $225,000 5 Joliet's 2009 and 2010 financial statements included the following data: 10
Could you solve clearly? Thanks a lot!! Natasha Co.'s Work in Process Inventory balance at the...
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Natasha Co.'s Work in Process Inventory balance at the end of 2009 and 2010 was $200,000 and $150,000, respectively. During 2010, Natasha transferred $1,980,000 of completed products to finished goods. If $500,000 of direct labor and $300,000 overhead were added to Work in Progress Inventory during 2010, how many dollars of direct material was used in work in process? a $850,000 b. $1,130,000 c. $1,180,000 d. $1,230,000 e. Cannot be determined from the...
Could you solve clearly? Thanks a lot!! er 31, 2010, balance 16. The following asset and...
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er 31, 2010, balance 16. The following asset and liability accounts are shown on Mason Store's December 31, 2010 sheet: $ 80,000 Accounts Receivable 30,000 Current Portion of Long-Term Debt Cash 35,000 6,000 Accounts Payable Allowance for Uncollectible Accounts 3,000 Equipment 28,000 Accumulated Depreciation - Equipment 6,000 Intangible Assets 20,000 Unearned Rent 10,000 Inventory 19,000 Bonds Payable (Long-Term) 20,000 و نه What is Mason's quick ratio at December 31, 2010? 1.70 2.00 2.43...
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riable cost per unit is od are $750,000. Ellis' variable costs increase by 20% and fixed cost The selling price of one unit of a product made by Ellis Corp. $1.50. Fixed costs per period are $150,000. Ellis variable decrease by 5%. These changes will cause the company BEP TO a. increase by 5,000 units. b. decrease by 5,000 units. c. increase by 2,778 units. d. decrease by 2,778 units. e. increase by...
Could you solve clearly? Thanks a lot!!
Glenrose Co. introduced a high-quality leather briefcase in 2010. The company provides a three-year warranty on the products and estimates that 1% of the briefcases sold will need to be repaired in Year 1. 3% in Year 2, and 4% in Year 3. The average expected repair cost per briefcase is $60. During 2010. the company sold 50,000 briefcases and spent $17,500 for repairs. Related to these briefcases, Glenrose a. does not need...
Could you solve clearly? Thanks a lot!!
17. 18. 19. 20. 21. 22. DTE SHOW YOUR WORK NEXT TO ALL MULTIPLE CHOICE QUESTIONS. IF NO WORK IS SHOWN NO POINTS ILL BE GIVEN FOR THE PROBLEM. Baca Inc.'s current product selling price is $70, variable cost per unit is $35, total fixed costs are 57.730.000, and sales volume is 150,000 units. The company is considering accepting an order to sell an additional 5,000 units for $40 per unit. Variable Selling...
Could you solve clearly?
Thanks a lot!!
15. Joliet's 2009 and 2010 financial statements included the following data: 2009 2010 Accounts Receivable $ 150,000 $ 250,000 Inventory 150,000 195,000 Total Assets 946,000 878,000 Net Sales (all on credit) 2,000,000 2,200,000 Cost of Goods Sold 1,300,000 1,500,000 Assume a 360-day year for all calculations. a. b. What is Joliet's accounts receivable turnover ratio for 2010? 8.8 10.5 11.0 13.3 14.0 d. e.
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1 July 1, 2010, Studemont purchased a delivery truck for $50,000. The truck has a $10,000 salvage value and a 160,000-mile estimated useful life. Studemont uses the units-of-production depreciation method. Studemont drove the truck 20.000 and 50,000 miles during 2010 and 2011, respectively. What is the balance in Studemont's Accumulated Depreciation account relative to delivery truck at December 31, 2011? a. $ 5,000 b. $12,500 $15,000 $17,500 e. $21,875
Could you solve clearly? Thanks a lot!!
G Corp. began 2010 with $2,000,000 in its equipment account. During 2010, G sold equipment with a historical cost of $300,000 at a $20,000 gain. At the end of 2010, G Corp. had a $3,300,000 balance in the equipment account. G bought new equipment during the year by signing a $200,000 note payable; the note and interest are due in 2011. In 2010, how much cash did G Corp. pay for equipment purchases?...
Could you solve clearly?
Thanks a lot!!
Bullwinkle's Direct Material Inventory balance at the end of 2009 and 2010 was $200,000 and $350,000, respectively. During 2010, Bullwinkle transferred $700,00 winkle transferred $700,000 of direct materials to Work in Process Inventory. How many dollars of direct materials did Bullwinkle buy during 2010?! a. $150,000 b. $350,000 c. $550,000 d. $700,000 e. $850,000
Could you solve clearly?
Thanks a lot!!
Brandt Corporation's office supplies account balance at the end of 2009 and 2010 was $110,000 and $150,000, respectively. During 2010, Brandt's office supplies expense was $75,000. During 2010, how many dollars of office supplies did Brandt purchase? a $ 35,000 15o ano - 11oooo Yooouo b. $ 75,000 - 75000 c. $ 115,000 - 35.00 d. $150,000 e. $225,000 5 Joliet's 2009 and 2010 financial statements included the following data: 10
Could you solve clearly?
Thanks a lot!!
Natasha Co.'s Work in Process Inventory balance at the end of 2009 and 2010 was $200,000 and $150,000, respectively. During 2010, Natasha transferred $1,980,000 of completed products to finished goods. If $500,000 of direct labor and $300,000 overhead were added to Work in Progress Inventory during 2010, how many dollars of direct material was used in work in process? a $850,000 b. $1,130,000 c. $1,180,000 d. $1,230,000 e. Cannot be determined from the...
Could you solve clearly?
Thanks a lot!!
er 31, 2010, balance 16. The following asset and liability accounts are shown on Mason Store's December 31, 2010 sheet: $ 80,000 Accounts Receivable 30,000 Current Portion of Long-Term Debt Cash 35,000 6,000 Accounts Payable Allowance for Uncollectible Accounts 3,000 Equipment 28,000 Accumulated Depreciation - Equipment 6,000 Intangible Assets 20,000 Unearned Rent 10,000 Inventory 19,000 Bonds Payable (Long-Term) 20,000 و نه What is Mason's quick ratio at December 31, 2010? 1.70 2.00 2.43...
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