The last two answers for number 6 is “Firefighting” and “Public Safety Inspection”

Juniper Enterprises sells handmade clocks. Its variable cost per clock is $16.80, and each clock sells for $28. Calculate Junipe

Soloha48 [4]

Answer:

For Juniper Enterprises to breakeven it must sell 607 units

Explanation:

To break-even means making sales where the proceeds from sales transactions equal the amount of total costs incurred,hence no gain no loss situation.

Break-even point in units=fixed cost/contribution per unit

fixed costs incurred is $8,400

contribution per unit=selling price per unit -variable cost per unit

selling price is $28

variable cost is $16.80

contribution per unit=$28-$16.80=$11.2 0

break-even in units =$6,800/$11.2 0=607 units

8 0

3 years ago

Daley Company estimates uncollectible accounts using the allowance method at December 31. It prepared the following aging of rec

Gre4nikov [31]

Answer:

a. 5% of $ 650,000= $ 32,500

b. Required Adjustment = $ 19,100

c. Required Adjustment = $ 34,900

Explanation:

Days Past Due

Total 0 1 to 30 31 to 60 61 to 90 Over 90

Accounts- $650,000 $412,000 $106,000 $52,000 $34,000 $46,000

receivable

Percent- 2% 3% 6% 8% 11%

uncollectible 22,320 8,240 3180 3120 2720 5060

a. 5% of $ 650,000= $ 32,500

B . Unadjusted Balance = $ 13,400 Credit

Estimated Balance= $ 32,500

Required Adjustment = $ 19,100

C. Unadjusted Balance = $ 2,400 Debit

Estimated Balance= $ 32,500

Required Adjustment = $ 34,900

4 0

3 years ago

The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.

OverLord2011 [107]

Answer: The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.

Explanation:

3 0

3 years ago

RecRoom Equipment Company received an $13,200, six-month, 7 percent note to settle an $13,200 unpaid balance owed by a customer.

mezya [45]

Answer:

RecRoom Equipment Company

Date Particulars Debit Credit

1Nov Note Receivable $ 13,200

Account Receivable $ 13,200

RecRoom Equipment Company received an $13,200, six-month, 7 percent note to settle an $13,200 unpaid balance owed by a customer.

31 December Interest Receivable $ 924

Interest Revenue $ 924

To record the accrued interest earned. $13,200*7%= $ 924. As it is for two months the amount would be $ (924/12)*2= $ 154

1 May Cash $ 13,662

Interest Income $ 462

Notes Receivable $ 13,200

RecRoom receives the interest on the note's maturity date. RecRoom receives the principal on the note's maturity date.

4 0

3 years ago

The inventory of Royal Decking consisted of five products. Information about the December 31, 2018, inventory is as follows: Per

vichka [17]

Answer:

Explanation:

Selling Price Commission Shipping NRV Cost

A 220 220*10% = 22 200*5% = 10 (220-22-10) 188 200

B 260 260*10%=26 240*5%=12 (260-26-12) 222 240

C 240 240*10%=24 120*5%=6 (240-24-6) 210 120

D 300 300*10%=30 160*5%=8 (300-30-8) 262 160

E 140 140*10%= 14 100*5%=5 (140-14-5) 121 100

Therefore ,the unit inventory valuation at lower of cost or net realizable value =

Products Valuation

A 188

B 222

C 120

D 160

E 100

3 0

3 years ago