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4 years ago

In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales.

Business

1 answer:

stealth61 [152]4 years ago

5 0

Answer:

1. Blossom Company Journal entry

April 10

Dr cash$35,175

Cr Sales $33,500

Cr Sales tax $1,675

2. Oriole Company Journal entry

April 15

Dr Cash $25,970

Cr sales $24,500

Cr Sales tax $1,470

Explanation:

1. Blossom Company Journal entry

April 10

Dr cash ($33,500+$1,675) $35,175

Cr Sales $33,500

Cr Sales tax $1,675

2. Oriole Company Journal entry

April 15

Dr Cash $25,970

Cr sales ($25,970/1.06) $24,500

Cr Sales tax $1,470

($25,970-$24,500)

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Assume the following amounts: Total fixed costs Selling price per unit Variable costs per unit If sales revenue per unit increa

sineoko [7]

Answer:

The correct option is c. 129,000.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Assume the following amounts:

Total fixed costs. $15,000

selling price per unit. $19

variable costs per unit. $12

if sales revenue per unit increases to $21 and 16,000 units are sold what is the operating income?

a 159,000

b. 336,000

c. 129,000

d. 144,000

The explanation to the answer is now provided as follows:

Since sales revenue per unit increases to $21, we use it as the selling price and proceed as follows:

Computation of Operating Income

Particular Amount ($)

Sales revenue (16,000 * $21) 336,000

Variable cost (16,000 * $12) (195,000)

Contribution 144,000

Fixed cost (15,000)

Operating income  129,000 

Therefore, the correct option is c. 129,000. That is, operatin income is $129,000.

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4 years ago

When installing a motor control system, list four major factors to consider concerning the power system.

beks73 [17]

Answer:

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Explanation:

when we install motor control system

there are many factor which we consider while installing and they are as

power source that is need for operate machine
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environment that is also important for outside of equipment with dust and moisture etc
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3 years ago

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iVinArrow [24]

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To know more about Predictive analysis visit:

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1 year ago

Al works as a cement finisher for a parking lot repaving company. He is suspicious of innovation and innovators. He was one of t

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Answer:

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Explanation:

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4 years ago

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vovangra [49]

Answer:

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Explanation:

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3 years ago