Preview

Case 2-1 Bar Harbor Blueberry Farm

Satisfactory Essays
Open Document
Open Document
379 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case 2-1 Bar Harbor Blueberry Farm
Case 2-1 Bar Harbor Blueberry Farm

Data from Case

|Date |Supplier Invoice |Supplier Name |Supplier Address |Amount |
|March 7 |AJ34 |Bud’s Soil Prep, Inc. |PO Box 34 |$2,067.85 |
|March 11 |14568 |Osto Farmers Supply |45 Main |$ 67.50 |
|March 14 |893V |Whalers Fertilizer, Inc. |Route 34 |$5,000.00 |
|March 21 |14699 |Osto Farmers Supply |45 Main |$3,450.37 |
|March 21 |10102 |IFM Package Wholesale |587 Longview |$4,005.00 |
|March 24 |10145 |IFM Package Wholesale |587 Longview |$ 267.88 |

Purchases Journal
Page 1

|Date |Supplier |Supplier Invoice|Account Number |Post Ref |Amount |
|March 7 |Bud’s Soil Prep, Inc. |AJ34 |23 |√ |$2,067.85 |
|March 11 |Osto Farmers Supply |14568 |24 |√ |$ 67.50 |
|March 14 |Whalers Fertilizer, Inc. |893V |36 |√ |$5,000.00 |
|March 21 |Osto Farmers Supply |14699 |24 |√ |$3,450.37 |
|March 21 |IFM Package Wholesale |10102 |38 |√ |$4,005.00 |
|March 24 |IFM Package Wholesale |10145 |38 |√ |$ 267.88 |
| | | | | |

You May Also Find These Documents Helpful

  • Good Essays

    case 3-30

    • 281 Words
    • 2 Pages

    Shaving 5% off the estimated direct labor hours in the base for the predetermined overhead rate will falsely produce a high overhead rate, which will result in over applied overhead. Thus, inflating the cost of goods sold until year end, and overstating the inventories. The over applied overhead will be recognized at year end by closing it to cost of goods sold. The adjustment for the over applied overhead will result in a big boost in net operating income at year end.…

    • 281 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Case 481 Case 7

    • 449 Words
    • 2 Pages

    Still, the safety of these estimates can be compared with actual field measurements upon the return of the evacuees. However, the high degree of compliance with the stipulated limit in all the towns suggest that additional protection measures would be unnecessary, especially for the indoor residents. Overall, the relationship between the external ambient and individual doses was critical to predicting the annual doses per evacuee upon returning home to either of the areas under investigation. Generally, the doses for external exposure were much higher than those for internal exposure. Perhaps, the time of exposure in outdoor settings might have provided more realistic predictions of individual dose…

    • 449 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Case 11-3

    • 1134 Words
    • 5 Pages

    Saturn and Venus, form Jupiter, a joint venture. Saturn owns 51 percent of Jupiter and Venus owns 49 percent of Jupiter. The purpose of Jupiter is to own and operate organic clothing design and manufacturing facilities and sell organic clothing to unrelated retailers. When Jupiter was formed, Saturn contributed $561 million to Jupiter and Venus contributed four manufacturing facilities with an assembled workforce, with a total fair value of $539 million to Jupiter. Venus was looking to exit its clothing manufacturing business, as this business no longer was a strategic fit for Venus. However, Saturn was looking to expand its footprint in the…

    • 1134 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Case 11-4

    • 1095 Words
    • 5 Pages

    Sparkle Company is a Nigerian diamond mining company. Sparkle is a joint venture, 50 percent owned by Shine and 50 percent owned by Brighten. Both Shine and Brighten are U.S.-based companies with their functional currency being the American dollar. Sparkle Companies functional currency is that of Nigeria, being the Naira. During 2009, Sparkle had several transactions with its joint venture owners and outside parties. The details of Sparkle’s transactions are three loans, three expenditures, and one revenue stream. The loans the company took out were $1 million from Brighten, $1 million from Shine, and 300 million Naira from a local Nigerian bank. The expenditures for 2009 included 850 million Naira on local labor, 75 million Naira on operating expenses, and $15 million on machinery. The revenue streams for the current period for Sparkle are $35 million in sales within the United States, which equals 80 percent of total sales. According to the joint venture agreement, all sales proceeds are retained by Sparkle as long as control is equally divided between Shine and Brighten. Direct sales transactions with Shine and Brighten are considered to be relatively small.…

    • 1095 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Case 07-2

    • 683 Words
    • 3 Pages

    Western Aluminum, INC expanded its operations through the acquisition of Smelter. By the end of 2007, Smelter is projected to produce 30% of Western Aluminum’s inventory. Western Aluminum evaluated its current practices in comparison to Smelters current FIFO Inventory management system and issued a proposal to change their inventory valuation method from LIFO to FIFO.…

    • 683 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Case 12-05

    • 1825 Words
    • 8 Pages

    LabCo must determine if their accounting policy for the revenue treatment of its construction contracts is reasonable, if it is appropriate for LabCo to change its method of accounting for the Halibut contract from the percentage-of-completion method to the completed-contract method and how the change should be treated on the basis of the guidance provided within ASC 250, and how LabCo’s accounting policy and accounting for the Halibut contract may change under IFRS if adopted in the coming year. This memorandum will provide support for how the overall conclusion, based on the issues above, was reached.…

    • 1825 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    case 12-07

    • 1363 Words
    • 5 Pages

    Facts: Rossi Inc.: Asbestos Litigation Liability: The cost of settlement and defensed costs relating to currently pending claims and future claims for losses incurred to date.…

    • 1363 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Cost Control Problem Set

    • 689 Words
    • 3 Pages

    Menu item |Number sold |Standard/budgeted portion cost | |A |580 |$4.45 | |B |285 |$6.20 | |C |600 |$4.15 | |D |200 |$6.00 | |E |475 |$5.95 | |F |320 |$7.05 | |G |545 |$6.10 | |H |200 |$6.95 | |Totals |3,205 | | | | | | |Solve all problems for 2 decimal places (x.xx) | | | |Food sales |$57,680.30 | | | | | | |1. Food cost $ based on standard cost figures |$17834.75 |(1 pt) | | | | | |2. Food cost % based on standard cost figures |30.92% |(1 pt) | | | | | |3. Contribution margin $ |$39845.55 |(1 pt) | | | | | |Actual inventory figures | | | |Opening inventory |$6,415.60 | | |Purchases |$19,950.30 | | |Ending inventory |$6,852.65 | | | | | | |4. Cost of goods sold $ |$19513.25 |(1 pt) | | | | | | | | | |5. Food cost % based on actual cost figures |33.83% |(1 pt) | | | | | | | | | |6. Difference between standard and actual cost in $ |+1678.5 |(1 pt) + or | | | | | |7. Difference between standard and actual cost % |+2.91% |(1 pt) + or | |…

    • 689 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    ACC 349 Entire Course

    • 571 Words
    • 3 Pages

    ACC-349-week 1 assignment-E2-9.1.doc ACC-349-week 1 assignment-E2-9.1.xls ACC-349-week 1 assignment-E3-5.1.xls ACC-349-week 1 assignment-E3-9-Memo.1.doc ACC-349-week 1 assignment-E3-9.1.doc ACC-349-week 2 deliverables-chapter-4.xls ACC-349-week 2 deliverables-E4-10.1.doc ACC-349-week 2 deliverables-E4-11-answer.1.xls ACC-349-week 2 deliverables-E4-11-Memo.doc ACC-349-week 3 deliverables-E5-1.1.doc ACC-349-week 3 deliverables-E5-9-Regional-Airways.xls ACC-349-week 3 deliverables-E6-10-Ind.1.doc ACC-349-week 3 deliverables-E6-10.1.doc…

    • 571 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Cocoanut Grove Case

    • 2606 Words
    • 11 Pages

    outside the theater district on the edge of Bay Village, one of the city’s oldest historical…

    • 2606 Words
    • 11 Pages
    Best Essays
  • Satisfactory Essays

    Case Project 3 2

    • 451 Words
    • 2 Pages

    Create a new user account for use in examining the suspect data. Enable “fast user switching” in the process.…

    • 451 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case 11.4

    • 503 Words
    • 3 Pages

    “Validity is the extent to which a test measures what we actually wish to measure” (Cooper and Schindler, 2014, p.257). “Reliability has to do with the accuracy and precision of a measurement procedure” (Cooper and Schindler, 2014, p. 257). Validity is more critical to measurement than reliability because without validity, reliability is meaningless. For example, a bathroom scale may give a weight each time a person weighs themselves, which proves the scale is reliable in giving feedback. If the scale displays an incorrect weight each time then it is not a valid weight and a person cannot accurately measure themselves to know if a goal is being met or not. Validity and reliability can also be thought of in terms of a person and their work. A person may show up to work on time and complete all tasks that are required everyday, which proves they are reliable, however if they tasks are not completed correctly then there is no validity to work and it must be redone. Finally, validity…

    • 503 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    DESCRIPTION QTY UNIT PRICE TOTAL PRICE ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Yearbook 1 $ 70.00 $ 70.00 Autograph Section 1 $ 2.30 $ 2.30 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------TOTAL PURCHASED: $72.30…

    • 61481 Words
    • 246 Pages
    Satisfactory Essays
  • Good Essays

    Min Max -------------+-------------------------------------------------------------------------------- faminc | 1388 29.02666 18.73928 .5 65 cigtax | 1388 19.55295 7.795598 2 38 cigprice | 1388 130.559 10.24448 103.8 152.5 bwght | 1388 118.6996 20.35396 23 271 fatheduc | 1192 13.18624 2.745985 1 18 -------------+-------------------------------------------------------------------------------- motheduc | 1387 12.93583 2.376728 2 18 parity | 1388 1.632565 .8940273 1 6 male | 1388 .5208934 .4997433 0 1 white | 1388 .7845821…

    • 4874 Words
    • 20 Pages
    Good Essays
  • Powerful Essays

    Case 8 Battle Of The Beers

    • 1480 Words
    • 5 Pages

    This case is about the intense battle between beer rivals in the United States, particularly between Anheuser-Busch (A-B), the world’s largest brewer, and SABMiller, the world’s second largest brewer. It discusses about how the companies used advertising in their brand positioning in order to compete with each other and increase the sales.…

    • 1480 Words
    • 5 Pages
    Powerful Essays