Maki Company has the following data available: 325 Transaction Units Purchased Unit Cost Units Sold Beginning Inventory 750 $32 Oct. 1 Purchase Oct. 10 Sale Oct. 14 Purchase 450 36 Oct. 20 Sale Oct. 22 Purchase Oct. 29 Sale 525 If Maki Company uses a perpetual FIFO inventory system, the cost of ending inventory on October 31 is 600 400 a 51,575 b. 15,200 c. 14,250 d. 52,525 On January 1, 2019, First Street Sales issued $38,000 in bonds for $15,700. These are six-year bonds with a stated interest rate of 16% that pay semiannual interest. First Street Sales uses the straight-line method to amortize the Bond Discount. Immediately after the issue of the bonds, the ledger balances appeared as follows: Bonds Payable 38,000 Discount on Bonds Payable 22,300 After the first interest payment on June 30, 2019, what is the balance of Discount on Bonds Payable? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) a Credit of $1,858 b. Debit of 22,300 c. Debit of 20,442 d. Debit of 24,158 During 2017, Blexes Co. introduced a new line of machines that carry a three-year warranty against manufacture defects. Based on industry experience, warranty costs are estimated at 2% of sales in the year of sale, 3% in the year after sale, and 6% in the second year after sale. Sales and actual warranty expenditures for the first three-year period were as follows: 2017 2018 2019 Sales $400,000 1,800,000 2.000.000 $4200,000 Actual Warranty Expenditures 7000 23,000 100.000 $120.000 a. 44,000 b.37,000 c. 51,000 d. 7,000