accounting
Solution is attached
body preview (4 words)
xxxxxx find xxxxxxxx xxxx
file1.doc preview (191 words)
xxxxxxxxxxxx Closure: xxxxx xxxx
Ice xxxxx Counter | Original xxxxxxxx | xxxxxxx | Revised xxxxxxxx |
Sales | $45,000 | x | $45,000 |
Less: Cost xx xxxx | xxxxxx | x- | xxxxxxx |
Gross profit | xxxxxxxx | xx | x$25,000 |
xxxxx Operating xxxxxxxx | x | x | |
Wages xx xxxxxxx personnel | $12,000 | $12,000 | |
Paper xxxxxxxx (e.g., xxxxxxxx | xxxxx | x- | $4,000 |
Utilities xxxxxx xx percent of sales) | xxxxx | - | x$2,900 |
Depreciation xx xxxxxxx xxxxxxxxx xxx furnishings |
2,500 | xxxxxxxx | x$0 |
xxxxxxxxxxxx xx xxxxxxxx (based on xxxxxxx xx sales) | x
4,000 | x(4,000) | xxx |
Deli xxxxxxx’s salary (based on xxxxxxx of time spent on ice xxxxx |
xxxxx | xxxxxxx | $0 |
xxxxx operating xxxxxxxx | x28,400 | x(9,500) | 18,900 |
xxxxxx xxxxxx xx xxx xxxxx counter | xxxxxxxxx | x($9,500) | $6,100 |
a. xxxx revised xxxxxxxx assumes xxxx xxxxxxx xxx xxxxxxxxx counter xxx the following xxxxxxxxxxxxx a) personnel, paper products, and utilities will decrease xxx xx xxxxxxxxxxxx xxxxxxx xxx the xxxxxxxxxx xx xxx deli xxxxxxx’x xxxxxx are xxxxxxxxxx xx xxx decision. The xxxxxxx xxxxxxxx shows that xxxxxxx xxx xxxxxxxxx counter is xxxxxx to xxxxx xxxxxx profits to decrease by xxxxxxx
b. xxxxxx factors to xxxxxxxx include xxxxxxx xxxxxxxxx xxxxx xxx xxxxxxx xx other sales xxxx xxxx xxxxxxxx ice xxxxx might xxxxxx xxxxx xxxxx and xxxxxxx xxxxxx equipment could xx xxxxxx
Buy this answer  | Try it before you buy it |