Answer:
$143,600
Explanation:
Calculation for The total amount of cash expected to be received from customers in November
Junior Snacks
October credit sales collected $77,000
(55% *$140,000)
Add November credit salescollected $66,600
(45% * $148,000)
Total Cash collected in November$143,600
($77,000+$66,600)
Therefore the total amount of cash expected to be received from customers in November is: $143,600
The answer to this question would be D the balance sheet contains only assets and liabilities sections
Answer:
Ending Inventory 31,900
COGS 65,300
Explanation:
![\left[\begin{array}{cccc}$Date&$Cost&$Units&$Subtotal\\Beginning&20&100&2,000\\P1&22&1,800&39,600\\P2&26&800&20,800\\P3&29&1,200&34,800\\Total&&3,900&97,200\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%24Date%26%24Cost%26%24Units%26%24Subtotal%5C%5CBeginning%2620%26100%262%2C000%5C%5CP1%2622%261%2C800%2639%2C600%5C%5CP2%2626%26800%2620%2C800%5C%5CP3%2629%261%2C200%2634%2C800%5C%5CTotal%26%263%2C900%2697%2C200%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Ending Inventory: 3,900 available - 2,800 = 1,100
As we use FIFO the 1,100 untis from ending inventory will be from the newest purchase:
1,100 units at 29 = 31,900
then we can calculate COGS as the difference between the cost of goods available for sale and the ending inventory
97,200 - 31,900 = 65,300 COGS
The next step would be applying the marketing strategy. The process of segmentation makes it easier for the marketer to create a market strategy. It allows him to create a variety of variables and experiment on their targeted segment. It allows him to experiment and innovate the price and products for the said segment.
Answer:
The maximum depreciation expense is $2,792
Explanation:
In order to calculate the maximum depreciation expense we would have to calculate the depreciation of service computer equipment and the service furniture as follows:
depreciation of service computer equipment=$15,500*5%
depreciation of service computer equipment=$775
depreciation of service furniture=$11,300*17.85%
depreciation of service furniture=$2,017
Therefore, maximum depreciation expense=depreciation of service computer equipment+depreciation of service furniture
maximum depreciation expense=$775+$2,017
maximum depreciation expense=$2,792
