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For the coming year, Swain Company estimates fixed costs at $90,000, the unit variable cost at $20, and the unit selling price at $80. Determine (a) the break-even point in units of sales, (b) the...
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Project A requires an original investment of $65,000. The project will yield cash flows of $15,000 per year for seven years. Project B has a calculated net present value of $5,500 over a five year...
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For the current year ending January 31, Bell Company expects fixed costs of $178,500 and a unit variable cost of $41.50. For the coming year, a new wage contract will increase the unit variable cost...
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A company with a break-even point at $900,000 in sales revenue and had fixed costs of $225,000. When actual sales were $1,000,000 variable costs were $750,000. Determine (a) the margin of safety...
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Selling Price = $8, variable cost per unit= $5, fixed costs= 48,000
Break Even Point in units=
Break Even Point in dollars=
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During July, the first month of the fiscal year, sales totaled $900,000 and the cost of merchandise available for sale totaled $800,000. Estimate the cost of the merchandise inventory as of July 31,...
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Based on the information below, journalize the entries for the Seller and the Buyer. Both use a perpetual inventory system.
a. Seller sells Buyer on account merchandise costing $200 for $450,...
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Can someone help me journalize these problems ?
1. Paid Office Station Co. for part of the dept incurred.
2. Recorded services provided on account for the period.
3. Paid part-time receptionist...
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What is the journal entry for Received cash from cash clients, $4200
The only account that might fit is professional fees
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