Issued common stock to Marjorie Knaus in exchange for $30,000. Paid January rent for office and workroom, $2,500. Purchased used automobile for $28,500, paying $6,000 cash and giving a note payable for the remainder. Purchased office and computer equipment on account, $8,000. Paid cash for supplies, $2,100. Paid cash for annual insurance policies, $3,600. Received cash from client for plans delivered, $9,000. Paid cash for miscellaneous expenses, $2,600. Paid cash to creditors on account, $4,000. Paid installment due on note payable, $1,875. Received invoice for blueprint service, due in February, $5,500. Recorded fees earned on plans delivered, payment to be received in February, $31,400. Paid salary of assistants, $6,000. Paid gas, oil, and repairs on automobile for January, $1,300.

An important application of regression analysis in accounting is in the estimation of cost. by collecting data on volume and cost and using the least squares method to develop an estimated regression equation relating volume and cost, an accountant can estimate the cost associated with a particular manufacturing volume. consider the following sample of production volumes and total cost data for a manufacturing operation. production volume (units) total cost ($) 400 4000 450 5000 550 5400 600 5900 700 6400 750 7000 compute b 1 and b 0 (to 2 decimals if necessary). b 1 b 0 complete the estimated regression equation (to 2 decimals if necessary). = + x what is the variable cost per unit produced (to 1 decimal)? $ compute the coefficient of determination (to 4 decimals). note: report r 2 between 0 and 1. r 2 = what percentage of the variation in total cost can be explained by the production volume (to 2 decimals)? % the company's production schedule shows 500 units must be produced next month. what is the estimated total cost for this operation (to 2 decimals)? $

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false