Journalize the entries for the following transactions: (If an amount box does not require an entry, leave it blank.) a. Sold merchandise for cash, $24,750. The cost of the goods sold was $14,850. (Record the sale first.) b. Sold merchandise on account, $8,800. The cost of the goods sold was $5,280. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $104,710. The cost of the goods sold was $62,830. (Record the sale first.) d. Sold merchandise to customers who used American Express, $37,690. The cost of the goods sold was $22,610. (Record the sale first.) e. Received and paid an invoice from National Clearing House Credit Co. for $7,670, representing a service fee paid for processing MasterCard, VISA, and American Express sales.

Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 factory overhead is allocated to the three products on the basis of processing hours. the products had the following production budget and processing hours per case: budgeted volume (cases) processing hours per case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen