Issuance of Materials On May 7, Hatch Company purchased on account 650 units of raw materials at $24 per unit. During May, raw materials were requisitioned for production as follows: 260 units for Job 200 at $22 per unit and 202 units for Job 305 at $24 per unit. Journalize the entry on May 7 to record the purchase. If an amount box does not require an entry, leave it blank

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?

The adjusted trial balance for china tea company at december 31, 2018, is presented below:

Mart's boutique has sales of $820,000 and costs of $540,000. interest expense is $36,000 and depreciation is $59,000. the tax rate is 21 percent. what is the net income? $146,150 221,200 105,000 139,050