Record the following transactions for the Stroud Music Store (a) Provide music lessons to students for $13,700 on account.
(b) Purchase music supplies on account, $1,300.
(c) Pay rent for the current month, $2,300.
(d) Received $10,500 cash from students in (a) above.

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What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.