Entries by Grace Wahito

Rossi Company has the following projected account balances for June 30, 20X9

February 12, 2020 in /by

Rossi Company has the following projected account balances for June 30, 20X9:Accounts payable               $60,000 Sales                    $800,000 Accounts receivable          $120,000 Capital stock               $420,000 Depreciation, factory            $24,000 Retained earnings                ?  Inventories (5/31 & 6/30)       $180,000 Cash                       $56,000 Direct materials used         $210,000 Equipment, net      $260,000 Office salaries                   $92,000 Buildings, net        $400,000 Insurance, factory             $4,000 Utilities, factory          $16,000 Plant […]

 

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Autocar Company manufactures automobiles.

February 12, 2020 in /by

Autocar Company manufactures automobiles. The red car division sells its red cars for $25,000 each to the general public. The red cars have manufacturing costs of $12,500 each for variable and $5,000 each for fixed costs. The division’s total fixed manufacturing costs are $25,000,000 at the normal volume of 5,000 units.  The blue car division […]

 

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For supply item MT, Bluesky Company has been ordering 150 units

February 12, 2020 in /by

For supply item MT, Bluesky Company has been ordering 150 units based on the recommendation of the salesperson who calls on the company monthly. The company has hired a new purchasing agent, who wants to start using the economic-order-quantity method and its supporting decision elements. She has gathered the following information:  Annual demand in units […]

 

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What is the purpose of taxes, to raise money for governmental operations

February 12, 2020 in /by

What is the purpose of taxes, to raise money for governmental operations or is to be a factor of social policy, or is it a combination, please explain?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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