Whenever the probability is proportional to the length of the interval, the random variable is uniformly distributed

Journalize the following transactions for a merchandiser that uses the perpetual inventory system

On January 8, inventory was sold for $6,000 on account. Credit terms were 3/15, n/30 (cost $4,500 ) On January 17, cash was received in full settlement of the January 8 sale. What will be an ideal response

Dreams Manufacturing, Inc provided the following information for the year

Purchases-Raw Materials $270,000 Plant Utilities and Insurance 202,500 Indirect Materials 35,250 Indirect Labor 14,250 Ending Balance-Work-in-Process Inventory 42,000 Ending Balance-Raw Materials Inventory 45,000 Direct Labor 352,500 Depreciation on Factory Plant and Equipment 18,000 Beginning Balance-Work-in-Process Inventory 18,000 Beginning Balance-Raw Materials Inventory 63,000 Required: Prepare a statement of the cost of goods manufactured using the following format: Schedule of Cost of Goods Manufactured Beginning Work-in-Process Inventory Direct Materials Used: Beginning Raw Materials Inventory Purchases of Raw Materials Raw Materials Available for Use Ending Raw Materials Inventory Direct Materials Used Direct Labor Manufacturing Overhead: Indirect Materials Indirect Labor Depreciation-Plant and Equip. Plant Utilities and Insurance Total Manufacturing Overhead Total Manufacturing Costs Incurred During the Year Total Manufacturing Costs to Account For Ending Work-in-Process Inventory Cost of Goods Manufactured What will be an ideal response