On november 4, 2018, coon company sold merchandise inventory on account to tall wholesalers, $ 16 , 500, that cost $ 5 , 500. terms 3 divided by 10 , n divided by 30. on november 5, 2018, tall wholesalers paid shipping of $ 50. tall wholesalers paid the balance to coon company on november 13, 2018. (assume both companies use a perpetual inventory system and that sales are recorded at the net amount.) journalize coon company’s november transactions.

2. a box contains 50 slips of paper. forty of the slips are marked $0, 8 of the slips are marked $20, 1 slip is marked $100, and the last one is marked $500. find the expected net winnings of a person who pays $10 to randomly select one slip of paper. interpret.

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?