Jansen company reports the following for its ski department for the year 2017. all of its costs are direct, except as noted. sales $ 605,000 cost of goods sold 425,000 salaries 112,000 ($15,000 is indirect) utilities 14,000 ($3,000 is indirect) depreciation 42,000 ($10,000 is indirect) office expenses 20,000 (all indirect) 1. prepare a departmental income statement for 2017. 2. & 3. prepare a departmental contribution to overhead report for 2017. based on these two performance reports, should jansen eliminate the ski department?

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?

When patey pontoons issued 4% bonds on january 1, 2018, with a face amount of $660,000, the market yield for bonds of similar risk and maturity was 5%. the bonds mature december 31, 2021 (4 years). interest is paid semiannually on june 30 and december 31?