Homework Answers
Sale price per hectare $31000
Size of 1st lot= (5x2 +1)/2 = 11/2 = 5.5 hectare
Size of 2nd lot= (4x3 +2)/3 = 14/3 = 4.6 hectare
Size of 3rd lot= (2x8 +7)/8 = 23/8 = 2.875 hectare
Size of 3rd lot= (3x9 +7)/9 = 34/9 = 3.7 hectare
Total size of all the lots= 16.67 hectares
Sale price = 31000x16.67 = $516770
Answer: $516770
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This is the blank format for the general ledger and multi-step
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formulas from the data
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Cost per unit of inventory sold: $38.75
Help needed only with (part 6) General ledger & Multi-step
Income statement
This is the blank format for the general ledger and multi-step
income statement
Part 2 - General Journal (LO3-2) – Post the following journal entries to the general journal. | Trans.Date Description Dec. Sell 45,000 shares of no-par value common stock for $130,000 to obtain...
I got the first 4 steps done. Just need to know what
formulas from the data
to use for steps 5,6, and 7.
Step #1 ASSUMPTIONS Launch-it S10.00 Product #1: Sales price per unit Variable costs per unit: 1.00 2.00 1.00 4.00 Purchase Price Shipping and HandlingS Sales Comission Total variable cost per unit 200 Monthly volume Treat-Time $30.00 Product #2: Sales price per unit Variable costs per unit: 7.00 8.00 3.00 18.00 Purchase Price Shipping and Handling Sales Comission...
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