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A14 G. 3 3.(25%) 4. May June April January March February S Month 6 Beginning Inventory...
MONTH January February March April May June July August September October ACTIVITY COST 450 16,250 700...
MONTH January February March April May June July August September October ACTIVITY COST 450 16,250 700 18,600 750 19,200 525 16,750 800 20,000 675 18,000 650 17,500 400 16,000 425 16,025 600 17,475 1. Using the High-Low method, what is the estimate of fixed costs? 2. The results of a least squares regression are as follows: Intercept: Slope: Coefficient of correlation Standard error $2,250 1.84 .86 640 What is the predictive model (the cost formula)? Use the following data to...
Sampe Company has the following data available Units Sold Transaction Beginning Inventory March 1 Purchase April...
Sampe Company has the following data available Units Sold Transaction Beginning Inventory March 1 Purchase April 25 Sale June 10 Purchase July 20 Sale October 30 Purchase December 15 Sale Units Purchased 400 200 Unit Cost $10 $13 350 250 400 300 $14 350 $18 If Sampe Company uses a perpetual FIFO inventory system, the cost of goods sold for the year is O A. $13,950 O B. $12,600 O C. $10,000 O D. $12,350
Occupancy-Days 3,400 280 Nm 0 0 Month January February March April May June July August September...
Occupancy-Days 3,400 280 Nm 0 0 Month January February March April May June July August September October November December Electrical Costs $ 10,234 $10,052 $11,605 $ 6,825 $ 2,380 $ 6,860 $ 11,060 $11,100 $ 7,602 $ 3,605 $ 4,634 $ 8,974 4,040 4,080 2,240 1,030 1,460 2,700 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost...
A company just starting business made the following four inventory purchases in June: Number of units...
A company just starting business made the following four inventory purchases in June: Number of units purchased Date Total cost June 1 150 units 370 June 10 160 units 600 June 15 160 units 700 June 28 140 units 770 $2440 A physical count of merchandise inventory on June 30 reveals that there are 280 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is $858 $1724 $1120 $1339 OOOO At May...
AutoSaveff File Home InsertPage Layout Formulas Da D1 1 Year Month 2 1 13 17 1 January February 15 4 1 March 511 April 6 1 May 12 32 15 June 1 July 91 August 17 101 September33 15 October 12...
AutoSaveff File Home InsertPage Layout Formulas Da D1 1 Year Month 2 1 13 17 1 January February 15 4 1 March 511 April 6 1 May 12 32 15 June 1 July 91 August 17 101 September33 15 October 12 1 November34 December 21 14 2 January26 15 2 February10 13 1 162 March 17 2 April 18 2 May 14 19 17 14 27 30 222 September25 June 21 2 23 2 25 27 3 29 3 August...
Paste u B I U tu Clipboard Font Alignment N18 Columni Column 2 Income Statement Column3...
Paste u B I U tu Clipboard Font Alignment N18 Columni Column 2 Income Statement Column3 Columns Columns Column Use 2018 Column 2 Column3 G 2018 5 Sales 6 COGS 7 GrossMargin ROE 900 550 350 2017 Sales COGS GrossMargin 800 500 300 EPS 95&G 200 S&G 200 10 150 EBIT 100 Current ratio 11 EBIT 12 13 Interest Exp 14 Taxes 20 15 Interest Exp Coverage ratio 16 Net Income 115 Net Income Debt to EBITDA 67 Cash Flow...
The Sport Store uses a perpetual inventory system. The following transactions occurred during April 2022: April...
The Sport Store uses a perpetual inventory system. The following transactions occurred during April 2022: April 2 Purchased merchandise from Rough Co. for $5,600 under credit terms of 1/15, n/30, FOB factory. 3 Paid $285 for shipping charges on the April 2nd purchase. 5 Sold merchandise to Fit Co. for $3,900 under credit terms of 2/10, n/30, FOB shipping point. The cost of the merchandise was $1,400. 6 Received a $800 credit memorandum acknowledging the return of merchandise purchased on...
Answer: Question 1 The adjusted trial balance for Mario's Pizza Palace at 30 June is presented...
Answer:
Question 1 The adjusted trial balance for Mario's Pizza Palace at 30 June is presented below: Mario's Pizza Palace Adjusted trial balance as at 30 June 20XX Credit Account number 100 110 120 130 140 150 Debit 43,510 540 672 1,242 988 349 1,376 17,820 14,256 34,910 160 170 171 180 181 200 210 220 230 280 300 310 400 410 420 430 500 Account Cash Cash float Accounts receivable Inventory - food Inventory - packaging Prepaid advertising Prepaid...
Can somone show me how to do the 1st problem? Need to find the LS and...
Can somone show me how to do the 1st problem? Need to
find the LS and SS for the fit and the LH and SH for the hole.
Fits are all SHAFT BASIS METRIC but the shaft and hole diameters can not be used right out of the table. This is because the 3mm shaft tolerance does not match. You will need to lookup the "Fit" from the table, and then use the LS (Largest Shaft) and SS (Smallest Shaft)...
100 Cash at bank 110 Accounts receivable 120 Inventory 130 Prepaid insurance 171 Shop equipment (cost)...
100
Cash at bank
110
Accounts receivable
120
Inventory
130
Prepaid insurance
171
Shop equipment (cost)
172
Accumulated depreciation - shop equipment
200
Accounts payable
210
PAYG withholding payable
220
Superannuation payable
230
Bank loan
300
Capital
310
Drawings
320
Profit or loss summary
400
Sales revenue
410
Sales returns and allowances
420
Discount received
500
Cost of sales
600
Advertising expense
610
Depreciation expense
620
Discount allowed
630
Electricity expense
640
Insurance expense
650
Interest expense
660
Postage and...
MONTH January February March April May June July August September October ACTIVITY COST 450 16,250 700 18,600 750 19,200 525 16,750 800 20,000 675 18,000 650 17,500 400 16,000 425 16,025 600 17,475 1. Using the High-Low method, what is the estimate of fixed costs? 2. The results of a least squares regression are as follows: Intercept: Slope: Coefficient of correlation Standard error $2,250 1.84 .86 640 What is the predictive model (the cost formula)? Use the following data to...
Sampe Company has the following data available Units Sold Transaction Beginning Inventory March 1 Purchase April 25 Sale June 10 Purchase July 20 Sale October 30 Purchase December 15 Sale Units Purchased 400 200 Unit Cost $10 $13 350 250 400 300 $14 350 $18 If Sampe Company uses a perpetual FIFO inventory system, the cost of goods sold for the year is O A. $13,950 O B. $12,600 O C. $10,000 O D. $12,350
Occupancy-Days 3,400 280 Nm 0 0 Month January February March April May June July August September October November December Electrical Costs $ 10,234 $10,052 $11,605 $ 6,825 $ 2,380 $ 6,860 $ 11,060 $11,100 $ 7,602 $ 3,605 $ 4,634 $ 8,974 4,040 4,080 2,240 1,030 1,460 2,700 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost...
A company just starting business made the following four inventory purchases in June: Number of units purchased Date Total cost June 1 150 units 370 June 10 160 units 600 June 15 160 units 700 June 28 140 units 770 $2440 A physical count of merchandise inventory on June 30 reveals that there are 280 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is $858 $1724 $1120 $1339 OOOO At May...
AutoSaveff File Home InsertPage Layout Formulas Da D1 1 Year Month 2 1 13 17 1 January February 15 4 1 March 511 April 6 1 May 12 32 15 June 1 July 91 August 17 101 September33 15 October 12 1 November34 December 21 14 2 January26 15 2 February10 13 1 162 March 17 2 April 18 2 May 14 19 17 14 27 30 222 September25 June 21 2 23 2 25 27 3 29 3 August...
Paste u B I U tu Clipboard Font Alignment N18 Columni Column 2 Income Statement Column3 Columns Columns Column Use 2018 Column 2 Column3 G 2018 5 Sales 6 COGS 7 GrossMargin ROE 900 550 350 2017 Sales COGS GrossMargin 800 500 300 EPS 95&G 200 S&G 200 10 150 EBIT 100 Current ratio 11 EBIT 12 13 Interest Exp 14 Taxes 20 15 Interest Exp Coverage ratio 16 Net Income 115 Net Income Debt to EBITDA 67 Cash Flow...
The Sport Store uses a perpetual inventory system. The following transactions occurred during April 2022: April 2 Purchased merchandise from Rough Co. for $5,600 under credit terms of 1/15, n/30, FOB factory. 3 Paid $285 for shipping charges on the April 2nd purchase. 5 Sold merchandise to Fit Co. for $3,900 under credit terms of 2/10, n/30, FOB shipping point. The cost of the merchandise was $1,400. 6 Received a $800 credit memorandum acknowledging the return of merchandise purchased on...
Answer:
Question 1 The adjusted trial balance for Mario's Pizza Palace at 30 June is presented below: Mario's Pizza Palace Adjusted trial balance as at 30 June 20XX Credit Account number 100 110 120 130 140 150 Debit 43,510 540 672 1,242 988 349 1,376 17,820 14,256 34,910 160 170 171 180 181 200 210 220 230 280 300 310 400 410 420 430 500 Account Cash Cash float Accounts receivable Inventory - food Inventory - packaging Prepaid advertising Prepaid...
Can somone show me how to do the 1st problem? Need to
find the LS and SS for the fit and the LH and SH for the hole.
Fits are all SHAFT BASIS METRIC but the shaft and hole diameters can not be used right out of the table. This is because the 3mm shaft tolerance does not match. You will need to lookup the "Fit" from the table, and then use the LS (Largest Shaft) and SS (Smallest Shaft)...
100
Cash at bank
110
Accounts receivable
120
Inventory
130
Prepaid insurance
171
Shop equipment (cost)
172
Accumulated depreciation - shop equipment
200
Accounts payable
210
PAYG withholding payable
220
Superannuation payable
230
Bank loan
300
Capital
310
Drawings
320
Profit or loss summary
400
Sales revenue
410
Sales returns and allowances
420
Discount received
500
Cost of sales
600
Advertising expense
610
Depreciation expense
620
Discount allowed
630
Electricity expense
640
Insurance expense
650
Interest expense
660
Postage and...
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