P1-2B Analyze transactions and prepare income statement, owner's equity statement, and balance sheet
Randy Coburn opened a law office, Randy Coburn, Attorney at Law, on July 1, 2015. On July 31, the balance sheet
showed Cash $4,000, Accounts Receivable $1
CD19 - Solution
Calculate variable cost per unit.
Resin and supplies
Finishing kit (seat, rudder, ropes, etc.)
Selling and administrative expenses - variable
Total variable costs per unit
Determine the unit contribution margin.
CD16 - Excel Tutorial
Juegel Hollow Resort has ordered 20 rotomolded kayaks from Current Designs. Each kayak will be formed in
the rotomolded oven, cooled, and then the excess plastic trimmed away. Then, the hatches, seat, ropes, and bunge
The name of the company or corporation that I chose was Wal-Mart. I looked at the 2016
Annual report to base my conclusions. The last financial year end was January 31, 2016. This
Company offers the service of selling retail products to custo
In Class work
% of total grade
as a % of
In Class work
Points Earned as
% of total grade a % of possible
points to date Extended Value
P1-1A Analyze transactions and compute net income
Fredonia Repair Inc. was started on May 1. A summary of May transactions is presented below.
Stockholders invested $10,000 cash in the business in exchange for common stock.
Purchased equipment for $