Selected transactions for M. Coronado, an interior decorator, in her first month of business, are as follows.

Jan. 2 Invested $14,200 cash in business.

3 Purchased used car for $4,260 cash for use in business.

9 Purchased supplies on account for $710.

11 Billed customers $3,408 for services performed.

16 Paid $497 cash for advertising.

20 Received $994 cash from customers billed on January 11.

23 Paid creditor $426 cash on balance owed.

28 Withdrew $1,420 cash for personal use by owner.

Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?

Consider derek's budget information: materials to be used totals $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory january 1, $189,100; and work in progress inventory on december 31, $197,600. what is the budgeted cost of goods manufactured for the year? a. $1,044,650 b. $649,450 c. $657,950 d. $197,600

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.