On July 18, 2017, Bridgeport Company enters into a contract to deliver a product to Burg Corporation on September 1, 2017. Burg agrees to pay the full contract price of $ 4,500 on September 15, 2017. The cost of the goods is $ 3,010. Bridgeport delivers the product to Burg on September 1, 2017, and receives payment on September 15, 2017. Prepare the journal entries for Bridgeport related to this contract. Either party may terminate the contract without compensation until one of the parties performs.

Your aunt is thinking about opening a hardware store. she estimates that it would cost $300,000 per year to rent the location and buy the stock. in addition, she would have to quit her $45,000 per year job as an accountant. a. define opportunity cost. b. what is your aunt's opportunity cost of running a hardware store for a year? if your aunt thought she could sell $350,000 worth of merchandise in a year, should she open the store? explain.

When is going to be why would you put money into saving account

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.