Purchased $16,000 of merchandise inventory on account, terms 2/10, n/30. The goods that were purchased in Event 1 were delivered FOB shipping point. Freight costs of $600 were paid in cash by the responsible party. Returned $500 of goods purchased in Event 1. (a) Recorded the cash discount on the goods purchased in Event 1. (b) Paid the balance due on the account payable within the discount period. (a) Recognized $21,000 of cash revenue from the sale of merchandise. (b) Recognized $15,000 of cost of goods sold. The merchandise in Event 5a was sold to customers FOB destination. Freight costs of $950 were paid in cash by the responsible party. Paid cash of $4,000 for selling and administrative expenses. Sold the land for $5,600 cash.

Which of the following is intended to demonstrate to an employer the importance of cooperating with workers? a. a collective agreement. b. a stock offer. c. a boost in production. d. a work slowdown. 2b2t

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below. a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below. a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02