Kurt works as a waiter at a restaurant that's part of a nataional chain, producer or consumer?

Pet Stop Inc., a pet wholesale supplier, was organized on May 1. Projected sales for each of the first three months of operation

notka56 [123]

Answer:

Results are below.

Explanation:

Giving the following information:

May $380,000 June 420,000 July 580,000

All sales are on account. Of sales on account, 51% are expected to be collected in the month of the sale, 44% in the first month following the sale, and the remainder in the second month following the sale.

We need to calculate the cash collection for May, June, and July.

Cash collection May:

Sales on account from May= 380,000*0.51= 193,800

Cash collection June:

Sales on account from May= 380,000*0.44= 167,200

Sales on account from June= 420,000*0.51= 214,200

Total cash collection= $381,400

Cash collection July:

Sales on account from May= 380,000*0.09= 34,200

Sales on account from June= 420,000*0.44= 184,800

Sales on account from July= 580,000*0.51= 295,800

Total cash collection= $514,800

7 0

3 years ago

Vaughn Manufacturing incurred the following costs for 84000 units: Variable costs $504000 Fixed costs 392000 Vaughn has received

Damm [24]

Answer:

$7.8

Explanation:

Variable costs = $504,000

Fixed costs = $392,000

Number of units produced = 84,000

Shipping charges = $4,500

Therefore, the variable cost per unit is calculated as follows:

= Variable costs ÷ Number of units produced

= $504,000 ÷ 84,000

= $6 per unit

Incremental fixed cost per unit (For 2,500):

= Shipping cost ÷ 2,500

= $4,500 ÷ 2,500

= $1.8 per unit

Therefore, the unit sales price will be the sum total of variable cost per unit and incremental fixed cost per unit for the shipping charges.

BEP (in sales price per unit):

= Variable cost per unit + incremental fixed cost per unit

= $6 + $1.8

= $7.8

4 0

3 years ago

Computing Cost of Sales and Ending Inventory Stocken Company has the following financial records for the current period. Units U

HACTEHA [7]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Computing Cost of Sales and Ending Inventory Stocken Company has the following financial records for the current period.

Units= 100

Unitary Cost Beginning Inventory $ 46

Purchases:

#1= 650units at $42

#2= 550units at $38

#3= 200units at $36

The ending inventory is 350 units.

A) First in, first out

First, we need to calculate the number of units sold:

Units sold= beginning inventory + purchases - ending inventory

Units sold= 100 + 1400 - 350= 1150

Ending inventory= 200 units at 36 + 150 at 38= 200*36+150*38=$12900

Cost of goods sold= 100*46 + 650* 42 + 400* 38=$47100

B) Average cost= total cost of units available for sale/ number of unit

Average cost= (100*46+650*42+550*38+200*36)/1500

Average cost= $40 unit

Ending inventory= 350*40= $14,000

COGS= 1150*40= $46,000

C) Last in, first out

Ending inventory= 100 units* 46 + 250 units*42= $15,100

COGS= 200* 36 + 550*38+ 400*42= $44,900

8 0

3 years ago

According to current intellectual property regulation, which of these scenarios would be considered a violation? a. You reprint

myrzilka [38]

Answer:

c. You cite large chunks of an article published on Wikipedia on your online news site without offering financial compensation

Explanation:

Intellectual property law deals with the rudiments for securing and enforcing legal rights to inventions, designs, and artistic works,copyrights. Just as the law protects ownership of personal property and real estate, so also does it protect the rights to intangible assets.

Types of Intellectual Property are

Patents.

Trademarks.

Trade Secrets.

Copyrights.

The answer to the above question will be C, as the work belongs to wikipedia and they are entitled to compensation if there work is to be used in large quantities

c. You cite large chunks of an article published on Wikipedia on your online news site without offering financial compensation

3 0

3 years ago

In meat fabrication, muscles should be cut A. against the grain. B. with the grain. C. around the gristle. D. into a medium dice

Tomtit [17]

Answer:

A. against the grain.

Explanation:

Although entire muscles are fabricated regardless of the grain of the meat, a portion cuts observe the general guideline of cutting over the grain of the meat. This produces short filaments of meat that when served are anything that is easy to cut and chew.

4 0

3 years ago