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frosja888 [35]
3 years ago
6

Sheridan Company had the following transactions during the quarter end:

Business
1 answer:
White raven [17]3 years ago
8 0

Answer:

Payment of insurance premium include in last quarter = $204,000

Explanation:

Given:

Insurance premium during the year = $816,000

Number of quarter in the year = 4

Computation of payment include in last quarter:

Payment of insurance premium include in last quarter = Insurance premium during the year / Number of quarter in the year

Payment of insurance premium include in last quarter = $816,000 / 4

Payment of insurance premium include in last quarter = $204,000

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Answer:

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Since sales price and variable cost is constant, let's say

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