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I need these questions done. Hw4 one to show work and rest just mutiple choice. I need in 1.30 hours. I need A star tutor.
I need these questions done. Hw4 one to show work and rest just mutiple choice.
I need in 1.30 hours. I need A star tutor. I will tip 35
Queston 1: Queston 2: Queston 3: The XYZ Company estimates that its total cost to send out invoices, receive payments, deposit payments, and update the accounting records was per sales invoice in 2016. In 2016, there were 200,000 sales invoices and total fixed costs of $600,000 relatng to these invoices. a.) What was the total cost and total cost per invoice in 2017? in 2017, the company expects total fixed costs and variable costs per unit to remain the same as in 2016. b.) If the company budgets 250,000 sales invoices in 2017, what will be the expected total cost and expected cost per unit for 2017? $20.00 A company estimates that its total cost to acquire materials, setup machines, and produce products is $67.00 per unit produced in 2016. In 2016, there w 250,000 units produced and variable cost per unit produced totaled $40.00 In 2017, the company expects total fixed costes and variable costs per unit to be the same as in 2016. If the company budgets to produc 300,000 units in 2017, what are the expected total cost and expected cost per unit for 2017? The XYZ Company collected the following annual information on total net sales and total operating costs: Year 2015 2016 $ $ Total Net Sales 21,000,000 22,000,000 $ $ Total Operatng Costs 16,000,000 16,400,000 IN 2017, total net sales are budgeted to be $ 24,000,000 . Using the high-low method, prepare an estimate of total operating costs for 2017, assuming total fixed costs as a percentage of total net sales are expected to be the same in 2017 as in 2015 and 2016. Question 1 (5 points) Using the selected data below, calculate the net cash provided by operating activities: Net income Increase in accounts receivable Decrease in accounts payable Gain on the sale of equipment Depreciation expense Purchase of new delivery truck Question 1 options: $275,000 $17,000 $14,000 $9,500 $22,000 $45,000 $276,500 $284,500 $256,500 $211,500 Save Question 2 (5 points) Using the selected data below, calculate the net cash provided or (used) by investing activities: Net income $210,000 Depreciation expense $23,000 Gain on the sale of equipment $9,000 Cash proceeds on sale of equipment $19,000 Purchase of new delivery truck Question 2 options: $200,000 $(24,000) $62,000 $(15,000) Save Question 3 (5 points) $43,000 A company had an accounts receivable balance of $475,000 at the beginning of the year and $550,000 at the end of the year. The total credit sales during the year were $3,750,000. What was the average collection period in days (round to nearest number of days)? Assume a standard 365 day year. Question 3 options: 54 days 46 days 50 days 49 days Save Question 4 (5 points) A Corporation has 300,000 shares of $10 par common stock issued and outstanding. AA Corporation also has 75,000 shares of $50, 6% par cumulative preferred stock. In 2017, AA had net income of $4,250,000. The number of shares of both common and preferred stock has not changed during the year, and the preferred stock dividends were paid at the end of 2016. What are the common earnings per share (EPS) for 2017? Round to the nearest cent. Question 4 options: $10.73 $11.33 $14.17 $13.42 Save Question 5 (5 points) At the beginning of the year, Bell Corporation's balance sheet showed total assets of $14,000,000, and at the end of the year, the total assets had grown to $16,000,000. Bell had net income of $2,000,000 based on sales of $25,350,000. What was the total asset turnover for Bell? Round to two decimal places. Question 5 options: 1.87 times 1.54 times 0.18 times 1.69 times Save Question 6 (5 points) A manufacturing company allocates overhead at a fixed rate of $60 per hour based on direct labor hours. During the month, total overhead incurred was $280,000, and the total direct labor hours work was 4,000. Job number 523 had 56 hours of direct labor. What is the amount of overhead allocated to job 523? Question 6 options: $3,250 $3,360 $3,500 $3,000 Save Question 7 (5 points) Bargain Discounter Inc. is a merchandiser that had inventory at the beginning of the year of $840,000. It made purchases of $1,550,000 and had returns and allowances on purchases of $50,000. Ending inventory was $880,000. Total cost of goods sold was $1,460,000. What was the goods available for sale amount? Question 7 options: $1,663,200 $2,390,000 $2,550,000 $2,340,000 Save Question 8 (5 points) Ace Widget Company is a process manufacturer. The company budgeted 11,500 direct labor hours but had actual direct labor hours of 12,000. The company produced 60,000 equivalent units, spending $315,000 on material. Labor rate is $14 per hour, and overhead is applied at a rate of $22 per direct labor hour. What is the total manufacturing cost per unit? Round to the closest cent. Question 8 options: $12.33 $13 $12.15 $12.45 Save Question 9 (5 points) The assembly department had beginning work in process of 18,500 units, ending work in process of 22,700 units, and units transferred out of 59,800 units. What was the number of units started or transferred in? Question 9 options: 59,800 62,000 64,000 58,000Step by Step Solution
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