Season tickets for the panthers are priced at $320 and include 16 games. revenue is recognized after each game is played. when the season began, the amount credited to unearned ticket revenue was $1,728,000. by the end of october, $1,188,000 of the unearned ticket revenue had been recorded as earned.
a) how many season tickets did the panthers sell?
b) how many home games had the panthers played by the end of october?
c) prepare the entry for the initial recording of the unearned ticket revenue.
d) prepare the entry to recognize the revenue after the first home game had been played.
Answers: 3
Business, 22.06.2019 04:50
Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.
Answers: 1
Business, 22.06.2019 09:40
You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.
Answers: 3
Business, 22.06.2019 11:20
Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.
Answers: 3
Season tickets for the panthers are priced at $320 and include 16 games. revenue is recognized after...
History, 10.10.2019 18:30
Mathematics, 10.10.2019 18:30
History, 10.10.2019 18:30
History, 10.10.2019 18:30