Sheridan Stores accepts both its own and national credit cards. During the year, the following selected summary transactions occurred. Jan. 15 Made Sheridan credit card sales totaling $28,000. (There were no balances prior to January 15.) 20 Made Visa credit card sales (service charge fee 3%) totaling $6,100. Feb. 10 Collected $14,000 on Sheridan credit card sales. 15 Added finance charges of 2.5% to Sheridan credit card account balances. Required:
Journalize the transactions for Colaw Stores.

Hank itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. the following are required for production of a 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e.g.