accounting 304

Sandhill’s Agency sells an insurance policy offered by Capital Insurance Company for a commission of $92 on January 2, 2017. In addition, Sandhill will receive an additional commission of $10 each...

If the sales volumes in the East and West regions had been reversed, what would be the company’s overall break-even point in unit sales?

Diego Company manufactures one product that is sold for $77 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations...

What entry should i use in journalizing this transaction. Received a bill for gas and oil from mindanao oil corp?

Need a journal entry for this question. I hope someone can answer my question. Thank you in advance. 

. Suggest where to invest? Particular Net Profit Margin 13% 12% Asset Turnover 1.5 2.0 Financial Leverage 2 1.5

Rocket Singh Software Ltd. and Aerodynamics Software Ltd. are two leading software companies based in Hyderabad. Rohit a fundamental analyst working with Ace Financials wants to choose one company...

To maintain a target profit equal to 35% of the new product's cost, how much should the target cost be?

amanufacturer is developing a new type of vacuum cleaner that will have a target price of $450.

accounting for accruals (prepayments and expenses)

for the following independent transactions, what would be the transaction effect in the worksheet: 1) In October, Paid $1,200 yearly subscription to trade magazines. As at June 30, 3 months...

Assume that you have a part time job.

you usually do not use your car in this job, but today your employer asks you to drive 160.934 km (round trip) to deliver some important documents. your employer offers to "reimburse you for...

BUSSINESS RELATED

Consultation is an important part of developing or maintaining an operational plan. Consider the following areas and comment in 30- 50 words for each, on why you think consultation with these areas...

help with accounting?

Lopez Co. reported the following current-year data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 405 units—135 from each of the last three...

On January 1, Bestway, Inc. signed a $175,000, 8%, 30-year mortgage that requires semiannual payments of $7,735 on June 30 and December 31 of each year. The jou

On January 1, Bestway, Inc. signed a $175,000, 8%, 30-year mortgage that requires semiannual payments of $7,735 on June 30 and December 31 of each year. The journal entry for the first semiannual...

Briggs Corp. will remove two small buildings from a newly-purchased piece of land. The expense required to do this is part of the

Briggs Corp. will remove two small buildings from a newly-purchased piece of land. The expense required to do this is part of the A. land improvements total. B. capitalized asset. C...

The maturity value equals

The maturity value equals          A. the interest due minus interest paid.    B. the principal plus interest paid.    C. the principal plus all interest...

in descripton

On December 1, Marketing Companyreceived $5,700 from a customer for a marketing plan to be completed January 31 of the following year. The cash receipt was recorded as unearned fees. The adjusting...

If managers decide to introduce the new leather briefcase, how many units of each briefcase would be required to break even in the coming year? Leather? Molded?

Blossom Company produces a molded briefcase that is distributed to luggage stores. The following operating data for the current year has been accumulated for planning purposes. Sales price $41...

Blossom Recreation Products sells the Amazing Foam Frisbee for $13. The variable cost per unit is $4; fixed costs are $44,000 per month.

What is the annual breakeven point in units? In sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round answers to 0 decimal places, e.g. 5,275.) The...

Jamal uses the AVCO system to value his inventory.

He provides the following information: March 1 no opening inventory          6 60 units were purchased at $120 per unit         17 100 units...

Simple Interest question! Need answer

Andrew owes Nicola $500 in 3 months and $200 in 6 months both due with interest at 6%. Nicola accepts $300 now, how much will Andrew be required to pay at the end of 1 year, provided they agree to...

What's the average number of cost centers in the Philippines?

 What's the average number of cost centers in the Philippines? A cost center is a business unit that is only responsible for the costs that it incurs. The manager of a cost center is not...

Accounting homework

I need to do an income statement (partial) and a statement of parnerts equity .

Explain how High Sierra uses the 80/20 rule, along with its budgeting process, to make decisions to improve future profitability.

Explain how High Sierra uses the 80/20 rule, along with its budgeting process, to make decisions to improve future profitability.