The following information is available for the XYZ Corporation for the year ended Dec 31 2018 (all cost in GHC).
Cost item
Cost Cost item
Cost
Property Taxes on factory building 3,000 Depreciation on factory equipment
11,000
Marketing Expenses
37,000 Factory repairs and maintenance
16,000
Finished Goods Inventory Dec 31 2012 27,000 Work in process inventory Dec 31 2012
20,000
Factory Utilities
17,000 Direct Labour
34,000
Work in progress inventory Dec 31 2013 26,000 Indirect Labour
23,000
Depreciation on factory building 9,000 Indirect Materials used
11,000
Non factory administrative expenses 43,000 Misc Factory overhead
4,000
Direct materials used
87,000 Sales
300,000
Finished goods inventory Dec 31 2013 34,000
Calculate
1.Cost of good manufactured
2. Cost of good sold
3.Operating income
4.Prime costs
5. Conversion costs
6.Period and Product costs
.
.
.

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

Given the following information, calculate the savings ratio: liabilities = $25,000 liquid assets = $5,000 monthly credit payments = $800 monthly savings = $760 net worth = $75,000 current liabilities = $2,000 take-home pay = $2,300 gross income = $3,500 monthly expenses = $2,050 multiple choice 2.40% 3.06% 34.78% 33.79% 21.71%

Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?