# Acct 212 chapter 18 | Business & Finance homework help

Exercise 18-7 Balance sheet identification and preparation L.O. C4

[The following information applies to the questions displayed below.]

 Current assets for two different companies at calendar year-end 2011 are listed here. One is a manufacturer, Roller Blades Mfg., and the other, Sunny Foods, is a grocery distribution company.

 Account Company 1 Company 2 Cash \$ 11,000 \$ 9,000 Raw materials inventory — 35,750 Merchandise inventory 38,750 — Goods in process inventory — 26,000 Finished goods inventory — 46,000 Accounts receivable, net 55,000 66,000 Prepaid expenses 4,500 900

1.

value:
1.00 points

Exercise 18-7 Part 1.1

 (1.1) Identify which set of numbers relates to the manufacturer.

 \$ \$ \$ \$ \$ \$ [removed]

9.

value:
2.00 points

Exercise 18-13 Cost flows in manufacturing L.O. C5

 The following chart shows how costs flow through a business as a product is manufactured. Some boxes in the flowchart show cost amounts. Compute the cost amounts for the input boxes.

 \$37,550 \$7,550 \$ [removed] \$5,050 \$ [removed] \$78,050 \$132,050 \$22,550 \$ [removed] \$ [removed] \$245,600 \$ [removed] \$286,150 \$30,050 \$ [removed]