Munoz pointers corporation expects to begin operations on january 1, 2019; it will operate as a specialty sales company that sells laser pointers over the internet. munoz expects sales in january 2019 to total $360,000 and to increase 20 percent per month in february and march. all sales are on account. munoz expects to collect 69 percent of accounts receivable in the month of sale, 22 percent in the month following the sale, and 9 percent in the second month following the sale. prepare a sales budget for the first quarter of 2019. determine the amount of sales revenue munoz will report on the first 2019 quarterly pro forma income statement. prepare a cash receipts schedule for the first quarter of 2019. determine the amount of accounts receivable as of march 31, 2019.

Juniper company uses a perpetual inventory system and the gross method of accounting for purchases. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 26, it paid the full amount due. the correct journal entry to record the merchandise return on august 11 is:

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 factory overhead is allocated to the three products on the basis of processing hours. the products had the following production budget and processing hours per case: budgeted volume (cases) processing hours per case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen