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GarryVolchara [31]

3 years ago

7

When a supplies internal service fund records a billing to the general fund, the journal entry in the internal service fund will

include: a debit to due from general fund. a debit to due to general fund. a debit to billings to department. a debit to inventory of supplies?

1 answer:

g100num [7]3 years ago

5 0

It would be a spider pig

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g A review of Parson Corporation's accounting records found that at a volume of 146,000 units, the variable and fixed cost per u

Ganezh [65]

Answer:

The total cost is $1,796,600

Explanation:

Fixed costs are costs that do not change with the change in the volume of good or service sols, but under certain circumstances, when the fixed cost is a direct cost, it can vary on a per unit basis.

Variable costs are costs that change with the change of the volume of goods or service.

Total number of units = 138,200

variable cost per unit = $8

Total variable cost = 8 × 138,200 = 1,105,600

Fixed cost per unit = $5

Total fixed cost = 5 × 138,200 = 691,000

Total cost = 1,105,600 + 691,000 = $1,796,600

4 0

3 years ago

Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February

OverLord2011 [107]

Answer:

Debit Inventory $40,600

Credit Cash account $40,600

Being entries to recognize the cost of inventory

Explanation:

The initial recognition of inventory is to be done including all the cost incurred in bring inventory to the place of use or storage. These includes freight and the cost of the item. When inventory is purchased on account, entries required are Debit Inventory, credit account payable. Where cash is paid, the debit is same but the credit entry is posted to the cash account.

Hence total cost incurred (which is the cost of inventory)

= $40,000 + $600

= $40,600

6 0

4 years ago

The landlord of an office building charges tenants $150 per hour for extra HVAC usage after hours. During the last three years,

lidiya [134]

Answer:

$78,375

Explanation:

Actual HVAC usage = 500 + (500 × 10%) = 500 + 50 = 550

Total HVAC income before credit loss = 550 × $150 = $82,500

Total HVAC income before credit loss = $82,500 - ($82,500 × 5%) = $82,500 - $4,125 = $78,375

Therefore, the approximate heating, ventilation, and air conditioning (HVAC) revenue the landlord will realize is $78,375.

8 0

3 years ago

Which individual can use the head of household filing status?

Lana71 [14]

Answer:

A. A married person with children

Explanation:

That person would be the head because he would be in charge.

8 0

3 years ago

Current operating income for Bay Area Cycles Co. is $34,000. Selling price per unit is $100, the contribution margin ratio is 25

leonid [27]

Answer:

break even point in unit =5440 units

break even point in sales = $544000

total sale = $680000

Explanation:

given data

Current operating income = $34,000

Selling price = $100

margin ratio = 25%

to find out

Bay Area Cycle’s break even point in units and total sales dollars

solution

we get here first break even point that is express as

break even point in unit = $\frac{fixed\ cost}{contribution\ per\ unit}$ ..................1

break even point in unit = $\frac{136000}{100*0.25}$

break even point in unit =5440 units

so

break even point in sales = $\frac{fixed\ cost}{margin\ ratio}$ ..................2

break even point in sales = $\frac{136000}{0.25}$

break even point in sales = $544000

and

total sales will be

total sale = $\frac{operating\ income+ fixed\ expense}{margin\ ratio}$ ..................3

total sale = $\frac{34000+136000}{0.25}$

total sale = $680000

3 0

3 years ago