Answer:
$27,800
Explanation:
Given that
Government Divisional segment margin = $40,300
Export Products Division = $92,700
Common fixed expenses = $105,200
The computation of net operating income is shown below:-
Total segment margin = Government divisional segment margin + Export Products Division
= $40,300 + $92,700
= $133,000
Net operating income = Total segment margin - Common fixed expenses
= $133,000 - $105,200
= $27,800
Answer:
$165,975
Explanation:
The computation of sales budgeted is shown below:-
For computing the Sales budgeted for February first we need to compute the January and February units.
January = 10,000 + (3% × 10,000)
= 10,000 + 300
= 10,300
February = 10,000 + (3% × 10,300)
= 10,000 + 309
= 10,309
Sales budgeted for February = For February × Each electric staplers
= 10,309 × $16.10
= $165,975
So, for computing the Sales budgeted for February we simply applied the above formula. The option is not available.
Answer:
I belive it's A.
Explanation:
Becuase often times, they collect and file and that was the only one that really made sense to me. Let me know if im wrong though.
The general rule you are refering is that it should not exceed greatly the credit term period. Rules that do not apply in this case is the 30 days exceed rule, the rule that says that it can be any length as l<span>ong as the customer cont<span>inues to buy merchandise, and the rule that says that it should not greatly exceed the discount period. </span></span>
Answer:
VIGELAND COMPANY
Journal Entries
Date Description DR CR
Jan 15 Merchandising Inventory 14,400
Cash 14,400
Being record of inventory purchase
April 1 Cash 708,000
14% Note payable 708,000
Being the record of note payable issued
June 14 Bank 26,000
Unearned Income 26,000
Being the record of deposit received
July 15 Unearned Income 2,850
Service Revenue 2,850
Being the payment for the services rendered
Dec 12 Electricity bill payable 26,760
Electricity bill expenses 26,760
Being the unsetled bill for the year
Dec 31 Wages payable 29,000
Wages Expenses 29,000
Explanation:
