(a2) Determine the missing amounts. $ Total Manufacturing Costs $296,800 $ $310,000 eTextbook and Media Work in Process (Jan. 1) $120,000 $462,400 $ Work in Process (Dec. 31) $81,600 $ $98,400 Cost of Goods Manufactured $334,800 $715,000
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- question O C. Work in Progress Finished Product 48 Given the following data; TOTAL SALES OMR 250000 CASH SALES OMR 125000 SALES RETURN OMR 5000 OPENING SUNDRY DEBTORS OMR 20000 CLOSING SUNDRY DEBTORS OMR 10000 What will be the average debtors? ut of O a. OMR 15000 uestion O b. OMR 7500 O c. OMR 30000 O d. OMR 10000 pe here to search Pa lenovoemaining Time: 1 hour, 38 minutes, 03 seconds. * Question Completion Status: QUESTION 5 XYZ company provided the following information: Sales Accounts payable Selling expenses Administrative expenses Other revenues $134,500 15,500 37,000 13,000 27,000 95.000 24,000 22.000 Cost of goods sold Cash Other expenses Required: Calculate the following (SHOW YOUR CALCULATIONS) 1. Gross profit For the toolbar. press ALT+F10 (P) or ALT+FN+F10 (Mac). Paragraph 2. Net income/ loss (note: specify whether the company had net inçome or set los) EEA v10pt V Arial BIUS Click Save and Submit to save and submit. Click SaveAll Aners t se el s 米 escHello! Please help me fill in the blanks in the last empty chart and answer question number 3 at the very end in bold. Thank you! :) UnitsProduced TotalLumberCost TotalUtilitiesCost Total MachineDepreciationCost 7,000 shelves $70,000 $9,550 $135,000 14,000 shelves 140,000 17,600 135,000 28,000 shelves 280,000 33,700 135,000 35,000 shelves 350,000 41,750 135,000 Cost Fixed Portionof Cost Variable Portionof Cost (per Unit) Lumber 0 10 Utilities 1,500 1.15 Depreciation 135,000 0 Question Content Area Units Produced Total Cost January 4,360 units $65,600 February 275 6,250 March 1,000 15,000 April 6,775 136,250 May 1,750 32,500 June 3,015 48,000 1. From the data previously provided, help Biblio Files Company estimate the fixed and variable portions of its total costs using the high-low method. Recall that Total Costs = (Variable Cost Per Unit x Number of Units Produced) + Fixed Cost.…
- Please help me fill in the last 6 cells and the last couple of questions if you can, all in bold! Thank you!! UnitsProduced TotalLumberCost TotalUtilitiesCost Total MachineDepreciationCost 7,000 shelves $70,000 $9,550 $135,000 14,000 shelves 140,000 17,600 135,000 28,000 shelves 280,000 33,700 135,000 35,000 shelves 350,000 41,750 135,000 2. For each cost, determine the fixed portion of the cost, and the per-unit variable cost. If there is no amount or an amount is zero, enter "0". Recall that, for N = Number of Units Produced, Total Costs = (Variable Cost Per Unit x N) + Fixed Cost. Complete the following table with your answers. Round variable portion of cost (per unit) answers to two decimal places. Cost Fixed Portionof Cost Variable Portionof Cost (per Unit) Lumber 0 10 Utilities 1500 1.15 Depreciation 135000 0 Question Content Area High-Low Biblio Files Company is the chief competitor of Cover-to-Cover Company in…ework i 370253A%252+%252Flms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252 Saved Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not Required information [The following information applies to the questions displayed below.] Wardell Company purchased a minicomputer on January 1, 2022, at a cost of $56,000 The computer was depreciated using the straight-line method over an estimated five-year life with an estimated residual value of $8,000. On January 1, 2024, the estimate of useful life was changed to a total of 10 years, and the estimate of residual value was changed to $2,000. 2. Prepare the year-end journal entry for depreciation on December 31, 2024. Assume that the company uses the double-declining- balance method instead of the straight-line method. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round…Choose the correct answers . D.Materials ( 150 000 )$. D.Wages ( 250 000 )$. D.Expencess ( 150 000 )$. Ind.Expencess ( 125000 )$. Marketing cost ( v. ) ( 75000 )$. Ind.Marketing ( f. ) ( 85000 )$.?. Production cost ( using total cost ) . * ( 675000)$ (- 670000)$. ( another option ). ( 835000 )$
- Fill in the missing items for the following inventories; Beginning balance $15,300 $34,600 $18,000 Ending balance 13,500 29,000 15,000 Transferred in 45,000 Transferred out 83,000. 20,000Using the following information, determine the activity rate for the purchasing activity. Activity Estimated Activity Cost Estimated Activity-Base Usage Setup $80,000 1,000 Purchasing 130,000 10,000 Inspecting 50,000 2,000 a.$2.00 b.$8.00 c.$130.00 d.$13.007-2 Project: Company Accour x 121. Project Guidelines and Rubric x 121. 7-1 Problem Set: Module Sev X CengageNOWv2 | Online tea now.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker3&takeAssignmentSessionLocator3D&inprogress3false eBook Show Me How Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $224,540 Interest expense 39,620 Average total assets Determine the return on total assets. If required, round the answer to one decimal place. 1.8 Check My Work Divide the sum of net income and interest expense by average total assets. Previa Check My Work ADE dy
- Please give me the answer for all the boxes that are yellow. Additional information Current Assets Cash $34,710.0 0 Accounts Receivable $67,500.00 Inventory Raw Material Lamp Kits 500 @ $16 Work in Process 0 Finished Goods 3000 @ $30 Total Current Assets $200,210 Fixed Assets Equipment $20,000 Accumulated Depreciation $6,800 Total Fixed Assets $13,200 Total Assets $213,410 Current Liabilities Accounts Payable $54,000 Total Liabilities $54,000 Stockholder's Equity Common Stock $12,000 Retained Eamings $147,410 Total Stockholder's Equity $159,410 Total Liabilities and Stockholder's Equity $213,410engageNOWV2 | Assignme CengageNOWv2 |Unlın X now.com/ilrm/takeAssignment/takeAssignmentMain.do?invoker%3D8takeAssignmentSessionLocator3&inprogress%3false Calculator Equipment with a cost of $220,000 has an estimated residual value of $30,000 and an estimated life of 10 years or 19,000 hours. It is to be depreciated by the straight-line method. What is the anount of depreciation for the first full year, during which the equipment was used for 2,100 hours? Oa. $21,000 Ob. $22,000 Oc. $19,000 Od. $30,000 Previous Next 8:21 AM 5/4/2020pject: Company Accour X DEL. Project Guidelines and Rubric x DEL 7-1 Problem Set: Module Sev X CengageNOWv2 |Online tea x com/ilm/takeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator3D&inprogress=false eBook 4Show Me How Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $224,540 Interest expense 39,620 000'080 Determine the return on total assets. If required, round the answer to one decimal place. Average total assets Feedback Check My Work Divide the sum of net income and interest expense by average total assets. Check My Work ( Previous *AD dy
