On June 10, Blossom Company purchased $6,000 of merchandise from Sunland Company, terms 2/10, n/30. Blossom Company pays the freight costs of $350 on June 11. Goods totaling $200 are returned to Sunland Company for credit on June 12. On June 19, Blossom Company pays Sunland Company in full, less the purchase discount. Both companies use a perpetual inventory system.

Required:

1. Prepare separate entries for each transaction on the books of Blossom Company.

2. Prepare separate entries for each transaction for Sunland Company. The merchandise purchased by Blossom Company on June 10 cost Sunland Company $ 2,000, and the goods returned cost Sunland Company $ 200.

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e. g., 32.16))

Describe what fixed costs and marginal costs mean to a company.

Part 1: interview at least three different people you know that fall within three age ranges (25-35), (36-50), and (51-70) year of age. ask each person you interview if they have life insurance (term, whole life etc.) and health insurance. ask what factors influenced their decision to buy or not the insurance coverage? report your findings to this assignment. specify who the people were that you spoke with.\