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QUESTION Your Full Name: UMUC Biology 102/103 Lab 1: Introduction to Science INSTRUCTIONS: · On your own and without assistance, complete thisLab 1Answer Sheet electronically and submit it via theAssignments Folder by the date listed in theCourse Schedule (underSyllabus). · To conduct your laboratory exercises, use the Laboratory Manual located under Course Content. Read the […]
QUESTION 2. Currently, the unit selling price of a product is $360, the unit variable cost is $250,and the total fixed costs are $935,000.a. Compute the current break evenb. Compute the sales volume required to earn a target profit of $165,000.3. Sales (15,000 units)Production Costs (18,000)Direct MaterialsDirect Laborvariable Factory OverheadFixed Factory Overhead2,400,000990,000540,000225,000153,000Selling and Administrative ExpensesVariable […]
QUESTION Your Full Name: UMUC Biology 102/103 Lab2:The Chemistry of Life INSTRUCTIONS: · On your own and without assistance, complete thisLab 2Answer Sheet electronically and submit it via theAssignments Folder by the date listed in theCourse Schedule (underSyllabus). · To conduct your laboratory exercises, use the Laboratory Manual located under Course Content. Read the introduction […]
QUESTION E9-4 Calculating Direct Materials and Direct Labor Variances [LO 9-3, 9-4]Suds & Cuts is a local pet grooming shop owned by Collin Bark. Collin has prepared the following standard cost card for each dog bath given:Standard QuantityStandardRateStandardUnit Cost Shampoo2 oz.$0.10per oz.$0.20 Water20 gal.$0.05per gal.1.00 Direct labor0.75 hr.$9.00per hr.6.75 During the month of July, Collinâs […]
QUESTION 3.. Notes payable. Red Bank Enterprises was involved in the following transactions during the fiscal year ending October 31:2-Aug: Borrowed $55,000 from the Bank of Kingsville by signing a 90-day, 12% note.20-Aug: Issued a $50,000 note to Harris Motors for the purchase of a $50,000 delivery truck. The note is due in 180 days […]
QUESTION 2. Current liabilities: entries and disclosure. A review of selected financial activities of Viscontiâs during 20XX disclosed the following:1-Dec: Borrowed $10,000 from the First City Bank by signing a 3-month, 15% note payable.Interest and principal are due at maturity.10-Dec: Established a warranty liability for the XY-80, a new product. Sales are expected tototal 1,000 […]