Business, 11.02.2020 05:03, dtilton2003
Apr. 2 Purchased merchandise from Lyon Company under the following terms: $4.600 price. invoicedated April 2. credit terms of 2/15, N60. and F08 shipping point.3 Paid $300 for shipping charges on the April 2 purchase.4 Returned to Lyon Company unacceptable merchandise that had an invoice price of $600.17 Sent 3 check to Lyon Company for the April 2 purchase, net of the discount and the returnedmerchandise.18 Purchased merchandise from Frist Corp. under the following terms: $8.500 price. invoice datedApril 18, credit terms of 2110, n/30, and F08 destination.21 Alter negotiations, received from Fn'st a $1,100 allowance on the April 18 purchase.28 Sent check to Frist paying for the April 18 purchase, net of the discount and allowance. Prepare journal entries to record the above transactions for a retail store. Assume a perpetual inventorysystem.
Answers: 3
Business, 21.06.2019 21:00, janiyaf8941
The following cost data relate to the manufacturing activities of chang company during the just completed year: manufacturing overhead costs incurred: indirect materials $ 15,800 indirect labor 138,000 property taxes, factory 8,800 utilities, factory 78,000 depreciation, factory 150,600 insurance, factory 10,800 total actual manufacturing overhead costs incurred $ 402,000 other costs incurred: purchases of raw materials (both direct and indirect) $ 408,000 direct labor cost $ 68,000 inventories: raw materials, beginning $ 20,800 raw materials, ending $ 30,800 work in process, beginning $ 40,800 work in process, ending $ 70,800 the company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. a total of 20,500 machine-hours were used during the year. required: 1. compute the amount of underapplied or overapplied overhead cost for the year. 2. prepare a schedule of cost of goods manufactured for the year.
Answers: 3
Business, 22.06.2019 11:00, littlesami105
Which ranks these careers that employers are most likely to hire from the least to the greatest?
Answers: 2
Business, 22.06.2019 12:10, lucyamine0
Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)
Answers: 1
Apr. 2 Purchased merchandise from Lyon Company under the following terms: $4.600 price. invoicedated...
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