During 2017 Cheyenne Corp. had sales on account of $595000, cash sales of $249000, and collections on account of $346000. In addition, they collected $6900 which had been written off as uncollectible in 2016. As a result of these transactions the change in the accounts receivable balance indicates a:
a) $491100 increase.
b) $249000 increase.
c) $498000 increase.
d) $242100 increase.

Hank itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. the following are required for production of a 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e. g.