The $37,000 beginning balance of inventory consists of 370 units, each costing $100. during january 2018, big blast fireworks had the following inventory transactions: january 3 purchase 1,600 units for $168,000 on account ($105 each).january 8 purchase 1,700 units for $187,000 on account ($110 each).january 12 purchase 1,800 units for $207,000 on account ($115 each).january 15 return 135 of the units purchased on january 12 because of defects. january 19 sell 5,200 units on account for $780,000. the cost of the units sold is determined using a fifo perpetual inventory system. january 22 receive $753,000 from customers on accounts receivable. january 24 pay $520,000 to inventory suppliers on accounts payable. january 27 write off accounts receivable as uncollectible, $3,200.january 31 pay cash for salaries during january, $121,000.required: 1. record each of the transactions listed above, assuming a fifo perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

Miller mfg. is analyzing a proposed project. the company expects to sell 8,000 units, plus or minus 2 percent. the expected variable cost per unit is $11 and the expected fixed costs are $287,000. the fixed and variable cost estimates are considered accurate within a plus or minus 5 percent range. the depreciation expense is $68,000. the tax rate is 32 percent. the sales price is estimated at $64 a unit, plus or minus 3 percent. what is the earnings before interest and taxes under the base case scenario?

You have learned that there are many ethical concerns surrounding genetic research, and it's important to be familiar with them. for this project, you will write a persuasive essay about an ethical question in biotechnology. directions the goal of a persuasive essay is to convince people to agree with you. it is important to support your opinion with facts. a persuasive essay is not simply a description of your beliefs. be sure to organize your information, give clear examples, and build your argument carefully. read the following genetics topics below. choose a topic and then decide what side you are on. remember that there is no "right" or "wrong" side. ethical questions often have many points of view. research your topic and write a 400 word persuasive essay. topic 1: should insurance companies have the right to learn the genetic profiles of the people they insure? topic 2: should employers have the right to learn the genetic profiles of the people they hire? are there special considerations for employees in jobs in which there is a high risk to others, such as airline pilots, doctors, or bus drivers? topic 3: should scientists who identify genes and create new genetic engineering techniques have the right to patent their methods for their own profit?

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)