Thomson co. produces and distributes semiconductors for use by computer manufacturers. thomson issued $840,000 of 10-year, 4% bonds on may 1 of the current year at face value, with interest payable on may 1 and november 1. the fiscal year of the company is the calendar year. journalize the entries to record the following selected transactions for the current year. refer to the chart of accounts for the exact wording of account titles. may 1 issued the bonds for cash at their face amount. nov. 1 paid the interest on the bonds. dec. 31 recorded accrued interest for two months.

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $