The information of the Box company is summarized below

A-Item: Big Box (BigB)

B-Item: Small Box (SmallB)

Big Box sells for $8

Small Box sells for $5

Title Unit Cost Annual Unit Demand Annual Cost % of Sales

BigB $3.10 420,000 $1,302,000 84% (92%?)

SmallB $0.90 125,000 $112,500 16% (8%?)

Title Inventory Items Price

Home Depot 150,000 big boxes $1,200,000

Home Depot 75,000 small boxes $375,000

Lowes 270,000 big boxes $2,160,000

Lowes 50,000 small boxes $250,000

$3,985,000

Conclusion Section

100 employees - $13.00 an hr ($3,546,400 yearly cost)

WareHouse Space Cost - $16,400

Land - $25,000

100 sanding machines - $5,499

100 table saws - $35,000

100 paint sprayers - $15,000

1,000,000 pieces of wood - $1,200,000 (Yearly Cost)

20,000 fluid ounce bottle of glue - $160,000 (Yearly Cost)

400,000 screws - $64,000 (Yearly Cost)

Yearly Cost: $4,970,400

Total Cost: $5,067,299

1. Create a General Ledger report using the information above.

2. Create a General Journal report using the information above.