Privett Company Accounts payable $34,356 Accounts receiv…

Privett Company Accounts payable $34,356 Accounts receivable 65,205 Accrued liabilities 6,085 Cash 17,825 Intangible assets 44,653 Inventory 81,014 Long-term investments 90,618 Long-term liabilities 75,130 Marketable securities 32,175 Notes payable (short-term) 29,134 Property, plant, and equipment 636,438 Prepaid expenses 1,556 Based on the data for Privett Company, what is the amount of quick assets?

Darwin Company reports the following information: Sales $…

Darwin Company reports the following information: Sales $76,500 Direct materials used 7,300 Depreciation on factory equipment 4,700 Indirect labor 5,900 Direct labor 10,500 Factory rent 4,200 Sales salaries expense 15,600 Office salaries expense 8,900 Indirect materials 1,200 Period costs are

Given the following cost and activity observations for Smith…

Given the following cost and activity observations for Smithson Company’s utilities, use the high-low method to determine Smithson’s fixed costs per month. Do not round your intermediate calculations. Cost Machine Hours January $52,200 20,000       February 75,000 29,000       March 57,000 22,000       April 64,000 24,500      

For March, sales revenue is $1,000,000, sales commissions ar…

For March, sales revenue is $1,000,000, sales commissions are 5% of sales, the sales manager’s salary is $80,000, advertising expenses are $65,000, shipping expenses total 1% of sales, and miscellaneous selling expenses are $2,100 plus 1% of sales. Total selling expenses for the month of March are

Privett Company Accounts payable $34,356 Accounts receiv…

Privett Company Accounts payable $34,356 Accounts receivable 65,205 Accrued liabilities 6,085 Cash 17,825 Intangible assets 44,653 Inventory 81,014 Long-term investments 90,618 Long-term liabilities 75,130 Marketable securities 32,175 Notes payable (short-term) 29,134 Property, plant, and equipment 636,438 Prepaid expenses 1,556 Based on the data for Privett Company, what is the amount of working capital?

Given the following data: Cost of materials used $45,000…

Given the following data: Cost of materials used $45,000 Direct labor costs 48,000 Factory overhead 39,000 Work in process, beginning 28,000 Work in process, ending 18,000 Finished goods, beginning 28,000 Finished goods, ending 18,000 What is cost of goods sold?