ndividual project 732704
3 Individual Project Deliverable Length: 10–12 slides (+ title and reference slides); Speaker notes of 200–250 words per slide Details: Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All […]
journalize the transactions post to the ledger accounts and prepare a trial balance 654863
Louise Lane incorporated as a licensed architect. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested RM 25,000 cash in exchange for common stock. 1 Hired a secretary receptionist at a salary of RM 500 per week payable mont 2 Paid office rent for the […]
all of the trust income is accumulated with andi rsquo s periodic contributions so t 625447
Andi Corp. issued $1,000,000 face amount of bonds in 1999 and established a sinking fund to pay the debt at maturity. The bondholders appointed an independent trustee to invest the sinking fund contributions and to administer the trust. In 2007, the sinking fund earned $60,000 in interest on bank deposits and $8,000 in net long-term […]
what is the target variable cost per unit 614536
Cost-plus, target pricing, working backward. Road Warrior manufactures and sells a model of motorcycle, XR500. In 2011, it reported the following: Units produced and sold 1,500 Investment $8,400,000 Markup percentage on full cost 9% Rate of return on investment 18% Variable cost per unit $8,450 1. What was Road Warrior’s operating income on XR500 in […]
prepare a classified income statement for the month ended 2010 june 30 no adjusting 625967
The following data for June 2010 are for Rusk Company”s first month of operations: June 1 Rusk Company was organized, and the stockholders invested USD 1,008,000 cash, USD 336,000 of merchandise inventory, and a USD 288,000 plot of land in exchange for capital stock. 4 Merchandise was purchased for cash, USD 432,000; FOB shipping point, […]
what rsquo s the difference between a stock dividend and a stock split why do compan 600824
Stock options, stock dividends, and stock splits Diodes Inc. is a manufacturer and supplier of semiconductor products, primarily to the communications, computing, industrial, consumer electronics, and automotive markets. The company is headquartered in southern California, but most of its production facilities are in Asia (China, Taiwan, and Hong Kong). Revenues and net income in 2004 […]
now suppose that the customer buys the same items listed above but uses a previously 599607
Journal entries for gift cards Subway is a global food retailer with stores located throughout the world. Suppose a customer at one of its Paris stores purchases a sandwich for €5.00, a brownie for €2.00 and a soft drink for €1.50. The customer pays with cash. Required (a) What journal entry will Subway record for […]
determine the corrected amounts for 2012 cost of goods sold and december 31 2012 ret 645100
1. Matlock Company uses a perpetual inventory system. Its beginning inventory consists of 50 units that cost $34 each. During June, the company purchased 150 units at $34 each, returned 6 units for credit, and sold 125 units at $50 each. Journalize the June transactions. 2. Stallman Company took a physical inventory on December 31 […]
determine the production output level that would yield 4 850 000 operating profit fo 627655
Towards the end of the year, the president of Company Y looks at the preliminary numbers for operating profit and doesn’t like what he sees. He’s “promised” the board of directors that operating profit for the year will come in at $4,850,000. In fact, his bonus depends on hitting that operating profit target. There is […]
matching t erms match the terms on the left with the descriptions on the right a des 733766
Matching T erms Match the terms on the left with the descriptions on the right. A description may be used once, more than once, or not at all. T erms Descriptions of T erms 1. Reportable operating segment 2. 10 percent significance rules 3. Revenue test for material foreign country disclosure 4. Asset test for […]