subject
Business, 16.12.2019 20:31 deisyy101

On september 1, home store sells a mower (that costs $250) for $550 cash with a one-year warranty that covers parts. warranty expense is estimated at 7% of sales. on january 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $39 in materials taken from the repair parts inventory. prepare the september 1 entry to record the mower sale (and cost of sale) and the january 24 entry to record the warranty repairs. (round your answers to 2 decimal places.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 00:30
How did lani lazzari show her investors she was a good investment? (site 1)
Answers: 3
question
Business, 22.06.2019 02:30
Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next
Answers: 2
question
Business, 22.06.2019 05:00
What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u.s. b
Answers: 1
question
Business, 22.06.2019 10:30
When sending a claim to an insurance company for services provided by the physician, why are both icd-10 and cpt codes required to be submitted? how are these codes dependent upon each other? what would be the result of not submitting both codes on a medical claim to an insurance company?
Answers: 2
You know the right answer?
On september 1, home store sells a mower (that costs $250) for $550 cash with a one-year warranty th...
Questions
question
Mathematics, 14.01.2021 19:00
question
Mathematics, 14.01.2021 19:00
Questions on the website: 13722367