Alpaca Corporation had revenues of $300000 in its first year of operations. The company has not collected on $19900 of its sales and still owes 26500 on 85000 of merchandise it purchased. The company had no inventory on hand at the end of the year. The company paid $15000 in salaries. Owners invested $30000 in the buisness and $30000 was borrowed on a five-year note. The company paid $3300 in interest that was the amount owed for the year, and paid $7800 for two-year insurance policy on the first day of buisness. Alpaca has an effective income tax rate of 9%.

Compute the cash balance at the end of the first year for alpaca Corporation.

A 231548

B 263300

C 238499

D 248900

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units

Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication

Which of the following entries would be made to record the requisition of $12,000 of direct materials and $6,900 of indirect materials? (assume that indirect materials are included in raw materials inventory.) a. manufacturing overhead 18,900 raw materials inventory 18,900 b. wip inventory 12,000 manufacturing overhead 6,900 raw materials inventory 18,900 c. raw materials inventory 18,900 wip inventory 18,900 d. wip inventory 18,900 raw materials inventory 18,900