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Submitted by lbrnch on Tue, 2012-05-29 10:24
due on Sat, 2012-06-02 10:23
answered 1 time(s)
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accounting

14-33

need accounting question answered in word document.

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Submitted by shahimermaid on Tue, 2012-05-29 11:05
teacher rated 386 times
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xxx xxxxxx Deli’s xxxxx is xxxxxxxxx xx the xxxx profit performance xx his xxx cream xxxxxxxx xx has prepared the xxxxxxxxx profit xxxxxxxx for xxx year xxxx ended.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Less: Cost of xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxx

Gross xxxxxx $25,000

Less: Operating expenses:

Wages of xxxxxxx personnel_____________________________________$12,000

xxxxxx products (e.g. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 4,000

Utilities xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 2,900

xxxxxxxxxxxxx xx counter equipment xxx furnishings__________________ xxxxx

xxxxxxxxxxxxx xx building xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 4,000

xxxxx manager’x xxxxxx (allocated)_________________________________ 3,000

Total 28,400

Loss xx xxx cream counter$(3,400)

xxxxxxxxx xxxxxxxxx and correct xxx owner’x analysis.

xxx xxxxx should xxx xxxxxxx xxx Depreciation xx xxxxxxxxx xxxx xxxxxxx’x xxxxxx xxx utilities xxxxxxx xxxxx xxx xxxxxxxxx xxxxxx All those xxxxxxxxxxxxxx which xxx xxx capable xx being xxxxxxxxxx xxxxxxxx xx x particular xxxxxxx xx service or xxxx xxxxxx xxx called xxxxxxxx costs/expenses.

xx generally xxx that xxxx xxxxxxxx costs (identified xx xxxxxxxx materials), some xxxxxxxxxxxx xxxxx xxxxxxxxxxx xx xxxxxxxx xxxxxxxxxxxxxx xxxxxxxxxxxx costs, salaries xx xxxxxx warehousing xxxxx xxx are of xxxx a xxxxxxx

xxxxx costs are collectively xxxxxx xxxxxxxxxx

If xxx owner xxxx for xxxxxxxx costing, only xxx variable xxxxx xxx to be xxxxxxxxxxx

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Less: xxxx xx

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