Mathematical Reasoning Questions and Answers

3 During a trip to Belgium Toni exchanged three amounts of Canadian dollars for Belgian francs Included in the amount he paid for each transaction was a handling charge He received 5000 Belgian francs for 205 Canadian 3750 Belgian francs for 155 Canadian and 6250 Belgian francs for 255 Canadian a Plot the points Canadian dollars Belgian francs on the grid shown b What does the slope of the graph represent c Use the graph to find the exchange rate for the number of Belgian francs that is equivalent to one Canadian dollar that week d What is the handling charge for each transaction

1 Define Marked Departure 1 mark 2 How many days is a stunt driver licence suspension Ref How long is the impound for a motor vehicle for Stunt Driving Ref Who is responsible for payment after the motor vehicle is released from the impound Ref 3 marks 3 Is a cyclist a vehicle as defined by the H T A 1 mark Can a cyclist be charged with riding through a stop sign Ref Yes it is What is the difference between the definitions of a motor vehicle in the Highway Traffic Act and vehicle in the Highway Traffic Act 1 marks Ref 5 Why is the difference question 4 important 1 marks Ref 4 6 Site the General stopping authority under the H T A 1 marks Ref 7 Site the Spot Check authority for R I D E under the H T A 1 marks Ref 8 Site the authority under the H T A to have a vehicle examined 1 marks Ref

JG 2 42 4 2i ind for C z 2 ind I for C Iz3 2

Gun ownership A friend read online that 30 or less Americans have a gun in their household I claim that the percent of Americans that have a gun in their household is actually greater than 30 To test this claim I survey 200 random Americans and find that 74 of them have a gun in their household At the 05 alpha level what should I conclude about my claim a Select the correct null and alternative hypotheses O Ho p 0 3 Ha p 0 3 O Ho p 0 37 Ha p 0 37 O Ho P 0 3 Ha p 0 3 Ho p 0 37 Ha p 0 37 OH P 0 37 Ha p 0 37 O Ho p 0 3 H p 0 3 b Find the p value round to four decimal places c Write the final conclusion using everyday language using a 5 level of significance O There is not sufficient evidence to reject my claim O There is sufficient evidence to reject my claim There is not sufficient evidence to support my claim There is sufficient evidence to runner

A quality control inspector randomly selects 6 calculators to inspect from 21 calculators How many ways could the inspector select

The extreme temperatures for each continent for a given year are listed in the data table Using a cubic model a location with a maximum temperature of 95 degrees Fahrenheit is predicted to have a minimum temperature of 86 degrees How reliable is this prediction Give at least two reasons to defend your answer Continent Maximum F Minimum F Africa Antarctica Asia Australia Europe Oceania North America South America 136 59 129 128 122 108 134 120 11 129 90 9 67 14 81 27

K Use the set of data below to complete parts a and b a Plot the xy pairs in a scatterplot b Estimate the linear correlation coefficient between the two data sets c Calculater the linear correlation coefficient 6 16 9 13 11 11 12 7 a Choose the correct graph below OA 16 12 84 4 0 0 6 12 18 24 30 Q Q OB c The value of ris Round to four decimal places as needed 16 12 8 4 0 0 4 8 12 16 O Q Q b Which of the following is the best estimate for the linear correlation coefficient O 0 5 O 0 75 O 1 O 0 25 CO O C 30 24 18 12 6 0 4 h 8 12 16 O D 30 24 18 12 6 04 0 HIHI 1 11 PW 1 4 8 12 16 Q E

A college placement office has made a comparative study of the starting salaries for graduates in various majors The following box and whisker plots describe the starting salaries for business education engineering and liberal arts Click on the icon to view the box and whiskers plots Which major in general receives the lowest salary offers OA Business OB Liberal Arts OC Education OD Engineering Starting salaries in thousands 20 8 24 3 27 29 3 TEE 21 6 Liberal Arts 20 26 5 28 32 4 HEH Business 26 29 18 23 7 26 2 32 33 2 37 5 1884 Engineering Education 38 9 42 30 36 2 40 44 9 48 4 50 X

2 k 1 mt ences The following information applies to the questions displayed below The first production department in a process manufacturing system reports the following unit data Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Prepare the production department s equivalent units of production for direct materials under each of the following three separate assumptions using the weighted average method for process costing 36 000 units 54 000 units 90 000 unita 18 000 units Total Equivalent Units of Production EUP Weighted Average Method 1 All direct materials are added to products when processing begins Units Direct Materials Percent Complete EUP 2 Beginning inventory is 40 complete as to direct materials costs Ending inventory is 80

Complete this question by entering your answers in the tabs below Required 1 Required 2 Per Unit For each product compute the gross profit per unit selling price per unit minus the product cost per unit Note Round Activity Rate and final answers to 2 decimal places Enter any product costs in excess of selling prices as negative values Selling Price 00 00 Answer is not complete Required 3 Required 4 Product Cost 07 00 s Gross Profit 0 001

Study Example 1 The number of bedrooms of homes in a certain community is shown on the table below Find the cumulative distribution for the table Use a value of 6 to stand for 6 or more bedrooms Number of Bedrooms Percent Cumulative 4 12 28 33 15 7 1 0 median mode 1 2345 6 or more Find the mean median and mode for the table If an answer does not exist enter DNE Round your mean to two decimal places mean bedrooms bedrooms bedrooms

X is the process of identifying the relationship between two variables

The county fair reported the following total attendance in thousands 2012 2011 2010 2009 2008 2007 Attendance 350 361 355 366 375 349 Find the mean median and mode for the attendance figures rounded to the nearest thousand If an answer does not exist enter DNE mean thousand people thousand people median mode thousand people Year

G Thumb the leading salesperson for the Moe D Lawn Landscaping Company turned in the following summary of sales for the week of October 23 28 Date No of Clients Oct 23 12 Oct 24 8 11 16 11 20 Find the mean median and mode If an answer does not exist enter DNE mean clients clients clients median mode Oct 25 Oct 26 Oct 27 Oct 28

Test the given claim using the traditional method A public bus company official claims that the mean waiting time for bus number 14 during peak hours is less than 10 minutes Karen took bus number 14 during peak hours on 18 different occasions Her mean waiting time was 7 5 minutes with a standard deviation of 1 6 minutes At the 0 01 significance level test the claim that the mean is less than 10 minutes O There is sufficient evidence to support the claim that the mean is less than 10 minutes O There is sufficient evidence to warrant rejection of the claim that the mean is less than 10 minutes O There is not sufficient evidence to support the claim that the mean is less than 10 minutes O There is not sufficient evidence to warrant rejection of the claim that the mean is less than 10 minutes

Let p and q represent the following simple statements p You are human q You have tusks Write the following compound statement in symbolic form You do not have tusks if you are human The compound statement written in symbolic form is

Textra produces parts for a machine manufacturer Parts go through two departments Molding and Trimming The company budgets overhead cost of 246 250 in the Molding department and 206 250 in the Trimming department The company budgets 16 000 machine hours MH in Molding and 25 000 direct labor hours DLH in Trimming Actual production information follows Part 2 Part X Totals Number of Units 3 000 4 000 Molding Department Hours per Unit 2 0 MH per unit 2 5 MH per unit Total Hours 6 000 MH 10 000 MH 16 000 MH Required 1 Required 2 Complete this question by entering your answers in the tabs below Trimming Department Hours per Unit 3 DLH per unit 4 DLH per unit Total Hours 9 000 DLH 16 000 DLH 25 000 DLH Required 1 Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours 2 Determine the overhead cost per unit for each part using the departmental rates Check my worl Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours

k ces Shakti Company budgets overhead cost of 84 000 for the year The company reports the following for its standard and deluxe models Cost per Unit Direct materials Direct labor Standard 10 16 1 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 7 000 direct labor hours 2 The standard model uses 2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit Compute overhead cost per unit for each model 3 Compute the total product cost per unit for both models Required 1 Required 2 Deluxe 21 25 Complete this question by entering your answers in the tabs below Select Numerator Required 3 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 7 000 direct labor hours

0 For the graphs below a What does each graph represent b Identify the independent and dependent variables c Write the domain and range for each graph Estimate when necessary Are there any restrictions on the domain and range Explain d Why are the points joined on one graph but not on the other i Graph A V Volume of jar cm 1500 1100 700 300 0 10 20 Height of jar cm h ii Number of marbles Graph B 60 50 40 30 20 10 0 10 h 20

11 39 Use the following selected information from Carleton Incorporated to determine the Year 1 and Year 2 trend percentages for cost of goods sold using Year 1 as the base Net sales Cost of goods sold Operating expenses Net earnings Multiple Choice Year 2 276 700 151 800 55 140 28 120 65 2 for Year 2 and 64 6 for Year 1 36 3 for Year 2 and 41 0 for Year 1 54 9 for Year 2 and 56 0 for Year 1 Year 1 231 500 129 690 53 140 19 920

1 nts 01 11 56 Use the following selected information from Corolla to determine the Year 1 and Year 2 trend percentages for net sales using Year 1 as the base Net sales Cost of goods sold Operating expenses Net earnings Multiple Choice Year 2 279 200 151 300 54 640 28 620 36 1 for Year 2 and 40 4 for Year 1 120 3 for Year 2 and 100 0 for Year 1 54 2 for Year 2 and 56 1 for Year 1 Save Exit Year 1 232 000 130 190 52 640 20 420

Managerial Accounting Assignment Check my work mode This shows what is correct or incorrect for the work you have completed so far It 13 1 Required information 2 Compute the total conversion costs for both Garcon Company and Pepper Company Complete this question by entering your answers in the tabs below Required 1 Required 2 Compute the total prime costs for both Garcon Company and Pepper Company Garcon Company Direct materials used Direct labor Factory overhead Answer is complete but not entirely correct X S Pepper Company 44 200 23 200 65 900 X 67 400 52 000 X 9 100 X 61 100 85 700 X

bok int int ences Cash Accounts receivable net 1 Compute the total prime costs for both Garcon Company and Pepper Company 2 Compute the total conversion costs for both Garcon Company and Pepper Company Required 1 Required 2 29 000 13 200 Complete this question by entering your answers in the tabs below 386 570 22 200 24 200 Total conversion costs Compute the total conversion costs for both Garcon Company and Pepper Company Pepper Company Garcon Company

7 ints Cash Account Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable net Prepaid expenses Req 1 Company 1 7 000 44 250 Req 2A 41 250 30 000 50 000 80 000 800 1 Identify which set of numbers relates to the manufacturer and which to the merchandiser 2a 2b Prepare the current asset section of the balance sheet at December 31 for each company Req 2B Company 2 5 000 64 000 4 000 Complete this question by entering your answers in the tabs below Answer is complete but not entirely correct Prepare the current asset section of the balance sheet at December 31 for Company 1 Current Assets Section of Balance Sheet December 31 R

rt 1 of 2 nts Skipped eBook Print ferences Required Identify each cost as either a product cost or a period cost If a product cost classify it as direct materials direct labor or factory overhead If a period cost classify it as a selling expense or a general and administrative expense Note Leave no cell blank Enter NA Not a product cost or NA Not a period cost for expenses that are not product cost or period cost Costs 1 Advertising expense 2 Depreciation expense Office equipment 3 Depreciation expense Selling equipment 4 Depreciation expense Factory equipment 5 Raw materials purchases all direct materials 6 Maintenance expense Factory equipment 7 Factory utilities 8 Direct labor 9 Indirect labor 10 Office salaries expense 11 Rent expense Office space 12 Rent expense Selling space 13 Rent expense Factory building 14 Sales salaries expense Type of Product Cost Type of Period Cost

pped Book Hint Print erences Required 1 Required 2 Compute cost of goods sold for the year BECK MANUFACTURING Partial Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale Cost of goods sold 0 0

3 of 3 Dok int ant ences Repairs Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable net 1 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31 Required 1 Required 2 2 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31 Complete this question by entering your answers in the tabs below Goods available for sale 5 180 41 500 50 800 Cost of goods sold 294 960 29 000 13 200 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31 Garcon Company 2 100 61 500 48 100 386 570 22 200 24 200 0 S Pepper Company 0 Ch

nts Skipped eBook Hint Print erences Required 1 Required 2 Direct materials Prepare the schedule of cost of goods manufactured for the year Beck Manufacturing Schedule of Cost of Goods Manufactured For Year Ended December 31 Raw materials available for use Direct materials used Factory overhead Total manufacturing costs Total cost of work in process vers in the tabs below Cost of goods manufactured 0 39 0 0 0 0

13 nts Ending inventory Merchandise Finished goods mode This shows what is correct or incorrect for the work you have completed so far It does not indicate completion 180 000 Required Prepare the cost of goods sold section of the income statement for each company Merchandising Manufacturing Business Business Complete this question by entering your answers in the tabs below Cost of goods sold Finished goods inventory beginning Add Cost of goods manufactured Goods available for sale Add Finished goods inventory ending Cost of goods cold Answer is complete but not entirely correct Prepare the cost of goods sold section of the income statement for the Manufacturing Business Cost of Goods Sold for the Year 230 000 x 597 000 X 917 000 1 514 000 687 000 X Help Save Exit Return to qu

Vitamin D whether ingested as a dietary supplement or produced naturally when sunlight falls upon the skin is essential for strong healthy bones The bone disease rickets was largely eliminated during the 1950s but now there is concern that a generation of children more likely to watch TV or play computer games than spend time outdoors is at increased risk A recent study of 3400 children randomly selected found 21 of them deficient in vitamin D Complete parts a through c below C a Construct a 98 confidence interval for the true proportion of children who are deficient in vitamin D Select the correct choice below and fill in any answer boxes within your choice OA Round to three decimal places as needed OB The conditions of a confidence interval are not satisfied b Explain carefully what the interval means O A We are 98 confident that the proportion of vitamin D deficiency in a randomly sampled child falls within the confidence interval bounds OB We are 98 confident that the proportion of children deficient in vitamin D falls inside the confidence interval bounds O C We are 98 confident that the proportion of people deficient in vitamin D falls inside the confidence interval bounds O D We are 98 confident that the proportion of children deficient in vitamin D is 0 21 c Explain what 98 confidence means About 98 of random samples of size 3400 will produce Submit quiz that contain the of children that are deficient in vitamin D 1

ASK YOUR TEACHER PRACTICE ANOTH Suppose that people s heights in centimeters are normally distributed with a mean of 170 and a standard deviation of 5 We find the heights of 80 people You may need to use the standard nor distribution table a Calculate the z score corresponding to the heights Round your answers to two decimal places x 170 Z x 175 Z Determine the probability that a person has a height between 170 and 175 cm Round your answer to four decimal places How many of the 80 people would you expect to be between 170 and 175 cm tall Round your answer to the nearest whole number people b Calculate the z score corresponding to a height of 179 cm Round your answer to two decimal places X 179 Z Determine the probability that a person has a height greater than 179 cm Round your answer to four decimal places How many of the 80 people would you expect to be taller than 179 cm Round your answer to the nearest whole number people

A bakery works out a demand function for its chocolate chip cookies and finds it to be q D x 743 15x where q is the quantity of cookies sold when the price per cookie in cents is x Use this information to answer parts a through f a Find the elasticity E x b At what price is the elasticity of demand equal to 1 Round to the nearest cent as needed c At what prices is the elasticity of demand elastic OA Prices are elastic at all values OB Prices cannot be elastic in this case OC Less than 25 O D Greater than 25 d At what prices is the elasticity of demand inelastic OA Prices are inelastic at all values OB Less than 25 OC Prices cannot be inelastic in this case OD Greater than 25 e At what price is the revenue a maximum X Round to the nearest cent as needed Use a comma to separate answers as needed

3 Cook rint rences Beginning inventory Merchandise Finished goods Cost of merchandise purchased Cost of goods manufactured Ending inventory Merchandise Finished goods Music World Retail Merchandising Manufacturing Business Business 205 000 310 000 180 000 Cost of goods sold Wave Board Manufacturing 320 000 597 000 Required Prepare the cost of goods sold section of the income statement for each company 230 000 Complete this question by entering your answers in the tabs below Prepare the cost of goods sold section of the income statement for the Merchandising Business Cost of Goods Sold for the Year

t2 of 2 ts eBook Print eferences Required information Required 1 Required 2 Prepare the current year income statement Cost of goods sold Goods available for sale Cost of goods sold LEONE COMPANY Income Statement For Year Ended December 31 0 0 0 0

12 Part 2 of 2 3 points eBook Print References Required information Direct materials Raw materials available for use Direct materials used Factory overhead LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31 Total factory overhead 0 0

In this problem assume that the distribution of differences is approximately normal Note For degrees of freedom d f not in the Student s t table use the closest d f that is smaller In some situations this choice of d f may increase the P value by a small amoun therefore produce a slightly more conservative answer Suppose that at five weather stations on Trail Ridge Road in Rocky Mountain National Park the peak wind gusts in miles per hour for January and April are recorded below Wilderness District 2 3 15 124 137 64 78 January April 113 88 98 61 USE SALT Does this information indicate that the peak wind gusts are higher in January than in April Use a 0 01 Solve the problem using the critical region method of testing Let d January April Round your answers to three decimal places test statistic 2 617 critical value 2 943 X 1 137 114 x Interpret your conclusion in the context of the application O Reject the null hypothesis there is sufficient evidence to claim average peak wind gusts are higher in January O Fail to reject the null hypothesis there is sufficient evidence to claim average peak wind gusts are higher in January Fail to reject the null hypothesis there is insufficient evidence to claim average peak wind gusts are higher in January O Reject the null hypothesis there is insufficient evidence to claim average peak wind gusts are higher in January Compare your conclusion with the conclusion obtained by using the P value method Are they the same We reject the null hypothesis using the P value method but fail to reject using the critical region method The conclusions obtained by using both methods are the same O We reject the null hypothesis using the critical region method but fail to reject using the P value method

10 of 13 Applications of inverse trigonometric functions often involve degrees rather than radians In terms of degrees the ranges are arcsin 90 90 arccos 0 180 arctan 90 90 Calculate arcsin 0 7 in degrees using a calculator Use decimal notation Give your answer to at least two decimal places Include the degree symbol in your answer arcsin 0 7

7 ints eBook Hint Print References End of year current assets for two different companies follow One is a manufacturer Rayzer Skis Manufacturing and the other Sunrise Foods is a merchandiser Cash Account Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable net Prepaid expenses Req 1 Company 1 Company 2 7 000 44 250 5 000 1 Identify which set of numbers relates to the manufacturer and which to the merchandiser 2a 2b Prepare the current asset section of the balance sheet at December 31 for each company Req 2A 64 000 4 000 Complete this question by entering your answers in the tabs below 41 250 30 000 50 000 80 000 800 Req 2B Prepare the current asset section of the balance sheet at December 31 for Company 2 Current Assets Section of Balance Sheet December 24 Check m

ces Beginning inventory Merchandise Finished goods Cost of merchandise purchased Cost of goods manufactured Ending inventory Merchandise Finished goods Merch Business Mfg Business Bare Unimart Manufacturing 151 000 450 000 Cost of goods sold 51 000 Compute cost of goods sold for each of these two companies Goods available for sale Complete this question by entering your answers in the tabs below 302 000 BARE MANUFACTURING Computation of Cost of Goods Sold 870 000 45 000 Compute cost of goods sold for the company in Manufacturing Business

es Use the following selected account balances of Delray Manufacturing for the year ended December 31 Sales Raw materials inventory beginning Work in process inventory beginning Finished goods inventory beginning Raw materials purchases Direct labor Indirect labor Repairs Factory equipment Rent cost of factory building Selling expenses General and administrative expenses Raw materials inventory ending Work in process inventory ending Finished goods inventory ending Direct materials DELRAY MANUFACTURING Schedule of Cost of Goods Manufactured For Year Ended December 31 1 800 000 76 000 99 000 129 000 350 000 420 000 Prepare its schedule of cost of goods manufactured for the year ended December 31 Raw materials available for use 63 000 50 000 100 000 160 000 256 000 91 000 119 000 155 000

K If the distribution of race times for a cross country race has a mean of 82 minutes and a standard deviation of 13 minutes what is the cutoff time for a runner to finish in the best 18 of the runners Hint The fastest runners have the shortest running times Click the icon to view the standard normal distribution table The cutoff for a runner to be in the top 18 the runners is Round to two decimal places as needed minutes

Suppose that the cost in dollars to produce a batteries is given by C x 0 00112 0 0011 0 43x 77x 1300 The price demand function for this type of battery is given by P 380 5x Calculate the marginal revenue marginal cost marginal average cost and marginal profit of the 14th battery R 13 C 13 C 13 P 13 Select an answer Select an answer dollars per battery dollars dollars per battery per battery Select an answer Select an answer

2 3 points eBook Print References Selected costs related to Apple s iPhone are listed below Classify each cost as either direct materials direct labor factory overhead selling expenses or general and administrative expenses 1 Uniforms provided for each factory worker 2 Wages for retail store salesperson 3 Glue to hold iPhone cases together 4 Wages for employees who maintain assembly equipment 5 Wages for assembly workers 6 Battery component 7 Microphone component 8 Wages for factory equipment operators Check my wom

Book Print erences Listed below are costs of services provided by an airline company Consider the cost object to be a flight Flight attendants and pilots are paid based on hours of flight time Classify each cost as direct indirect selling or general and administrative Cost 1 Depreciation straight line on plane 2 Fuel used for plane flight 3 Flight attendant wages for flight 4 Pilot wages for flight 5 Aircraft maintenance manager salary 6 Snacks served on airplanes 7 Maintenance on airplanes 8 Depreciation on office equipment Classification C

4 Part 2 of 3 3 points eBook Hint Print References the current assets section of uie udiance steetior each comuarv Required information Complete this question by entering your answers in the taps below Req 1 Garcon Req 1 Pepper Req 2 Garcon Req 2 Pepper Prepare the income statement for Garcon Company Cost of goods sold Goods available for sale Cost of goods sold GARCON COMPANY Income Statement For Year Ended December 31

art 1 of 3 oints eBook Hint Print References Complete this question by entering your answers in the tabs below Required 1 Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31 Direct materials Raw materials available for use Direct materials used Factory overhead Garcon Company Pepper Company

Order Costing Assignment i Check my work mode This shows what is correct or incorrect for the work you have completed so far It does not indicate completion At the beginning of the year Mirmax set its predetermined overhead rate for movies produced during the year by using the following estimates overhead costs 2 254 000 and direct labor costs 490 000 At year end the company s actual overhead costs for the year are 2 243 900 and actual direct labor costs for the year are 490 000 1 Determine the predetermined overhead rate using estimated direct labor costs 2 Enter the actual overhead costs incurred and the amount of overhead cost applied to movies during the year using the predetermined overhead rate Determine whether overhead is over or underapplied and the amount for the year 3 Prepare the entry to close any over or underapplied overhead to Cost of Goods Sold Complete this question by entering your answers in the tabs below Required 1 Required 2 Answer is not complete Required 3 Prepare the entry to close any over or underapplied overhead to Cost of Goods Sold General Journal Debit 10 100 Return to qu Credit

Balances on March 31 Direct materials used in March Direct labor used in March Overhead applied March Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 Additional Information Direct labor Job 306 306 33 000 24 000 14 000 Required 1 Determine the amount of overhead applied to each job in April 0 50 145 000 89 000 Finished sold a Raw Materials Inventory has a March 31 balance of 84 000 b Raw materials purchases in April are 510 000 and total factory payroll cost in April is 373 000 c Actual overhead costs incurred in April are indirect materials 52 500 indirect labor 25 500 factory rent 34 500 factory utilities 21 500 and factory equipment depreciation 53 500 d Predetermined overhead rate is 50 of direct labor cost e Job 306 is sold for 645 000 cash in April 307 Job 307 0 50 39 000 22 000 13 000 230 000 160 000 Finished unsold 308 Job 308 0 50 110 000 115 000 2 In process April Total 0 0 50

Part 1 of 4 ints Skipped eBook Hint Print ferences Required information 1 In the Raw Materials Inventory T account insert amounts for beginning and ending balances along with purchases and indirect materials used Solve for dire 3 In the Work in Process Inventory T account insert amounts for beginning and ending balances along with direct materials used from part 1 direct labor us goods manufactured in the period 4 In the Finished Goods Inventory T account insert amounts for beginning and ending balances along with cost of goods manufactured from part 3 Solve fo under or overapplied overhead 5 In the Factory Overhead T account insert amounts for indirect materials used indirect labor used other overhead costs and applied overhead Solve for uni Beginning Ending Beginning Ending Raw Materials Inventory 0 Finished Goods Inventory 0 Beginning Ending Beginning Ending Beginning Ending Beginning Check my work Work in Process Inventory 0 Factory Overhead 12 000 57 500 119 500

Valley Designs issued a 90 day 8 note for 54 000 dated April 15 to Bork Furniture Company on account Assume 360 days in a year when computing the interest a Determine the due date of the note July 14 b Determine the maturity value of the note Feedback Check My Work c1 Journalize the entry to record the receipt of the note by Bork Furniture If an amount box does not require an entry leave it blank 88 Notes Receivable Accounts Receivable Valley Designs Feedback Check My Work