Pcm, inc., is a direct marketer of computer hardware, software, peripherals, and electronics. in a recent annual report, the company reported that its revenue is "recognized upon receipt of the product by the customer." required: 1. indicate whether pcm's sales terms are fob shipping point or fob destination. 2a. assume pcm sold inventory on account to ecost on december 28 that was to be delivered january 3. the inventory cost pcm $30,000 and the selling price was $40,000. what amounts, if any, related to this transaction would be reported on pcm's balance sheet and income statement in december? 2b. assuming the same information from requirement 2a, what amounts, if any, related to this transaction would be reported on pcm's balance sheet and income statement in january? 3. assume pcm purchased electronics on december 29 that were shipped that day and received on january 2. for these goods to be included in pcm's inventory on december 31, would the terms have been under fob destination or fob shipping point?

Which of the following goals is most effective? i will purchase a house by age twenty-five. i will purchase a three-bedroom house located near cherry park by my twenty-fifth birthday. in order to reach this goal, i will graduate from college and secure a job as a software developer.

In the fall, jay thompson decided to live in a university dormitory. he signed a dorm contract under which he was obligated to pay the room rent for the full college year. one clause stated that if he moved out during the year, he could sell his dorm contract to another student who would move into the dormitory as his replacement. the dorm cost was $5000 for the two semesters, which jay had already paid a month after he moved into the dorm, he decided he would prefer to live in an apartment. that week, after some searching for a replacement to fulfill his dorm contract, jay had two offers. one student offered to move in immediately and to pay jay $300 per month for the eight remaining months of the school year. a second student offered to move in the second semester and pay $2500 to jay. jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment with three other students. his share of the apartment rent and utilities will be $404 per month. assume each semester is 4.5 months long. disregard the small differences in the timing of the disbursements or receipts. what is the cost of the cheapest alternative?

Archangel manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs. the production details for the year are given below. calculate the manufacturing overhead allocation rate for the year based on the above data. (round your final answer to two decimal places.) a) 42.42% b) 257.14% c) 235.71% d) 1, 206.90% archangel production details.