Hi, can you check the solution see if its correct, then put it in an excel sheet format like you have done with all the others you did for me ..thank you The following events took place for Wreckin Ronnie Inc. during July 2008,the first month of operations as a producer of road bikes:Purchased $165,800 of Materials.Used $147,600 of direct materials in production.Incurred $96,250 of direct labor wages.Applied factory overhead at a rate of 80% of direct labor cost.Transferred $302,900 of work in process to finished goods.Sold goods with a cost of $301,300.Sold goods for $520,000.Incurred $119,000 of selling expenses.incurred $52,100 of administrative expenses.a.) Prepare the July income statement for Wrekin Ronnie. Assume that Wrekin Ronnieuses the perpetual inventory method.b.)Determine the inventory balances at the end of the first month of operations.solution:Ex. 19–14a.WRECKIN RONNIE, INC.Income StatementFor the Month Ended July 31, 2008RevenuesCost of goods soldGross profit$218,700Selling expensesAdministrative expensesIncome from operationsb.Materials inventory:Purchased materials$165,800$520,000301,300$119,00052,100$171,10047,600Less: Materials used in productionMaterials inventory, July 31Work in process inventory:Materials used in production$147,600Direct laborFactory overhead (80% × $96,250)Additions to work in process$320,850Less: Transferred to finished goodsWork in process inventory, July 31Finished goods inventory:Transferred to finished goodsLess: Cost of goods sold301,300Finished goods inventory, July 311,600$147,60018,20096,25077,000$302,90017,950$302,900$

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Hi,

Can someone please help me with the following assignment question:

Should procurement professionals know fundamental principles of contract law essential for making sound contact negotiations and decisions?

or recommend a paper to read, I just need something to get me started.

Into

Body

Conclusion

Thanks

Kara

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Hi can someone help me work out this problem? I’m having difficulty understanding the process of answering it. Thanks!:

5-4 Solar Panel Installation

A university spent $1.8 million to install solar

panels atop a parking garage. These panels will

have a capacity of 500 kw, have a life expectancy

of 20 years and suppose the discount rate is 10%.

a. If electricity can be purchased for costs of

$0.10 per kwh, how many hours per year

will the solar panels have to operate to make

this project break even?

b. If efficient systems operate for 2,400 hours

per year, would the project break even?

c. The university is seeking a grant to cover

capital costs. How big of a grant would make

this project worthwhile (to the university)?

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HI can someone help me with these questions please?

journal entry and a T-Account for each of the following transactions:

1. $15,000 worth of equipment is purchased on credit.
2. $40,000 of patient bills from last year are collected in cash.
3. $10,000 is received from a managed care company for services to be rendered next year for members
4. $20,000 worth of supplies is purchased and paid for in cash.

Thank you, I need some explaining

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Hi, Can someone help me to get the correct answers? I have choice the wrong answers, I am very appreciate if someone can give me the correct answers. There are 8 questions in the attached files. Thanks 🙂

• Attachment 1
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