ACCT 444 Group Project Part 1 Group B 8-40 Part A Pinnacle Manufacturing Company | | | | | | Income Statement | | | | | | For the Year ended December 31 | | | | | | | 2011 | | 2010 | | 2009 | | | % Change 2010-2011 | | % Change 2009-2010 | | Net sales | $150,737,628 | 1.43% | $148,586,037 | 2.62% | $144,686,413 | Cost of goods sold | 109,284,780 | 2.77% | 106,255,499 | 4.02% | 101,988,165 | Gross profit | 41,452,848 | -2.12% |
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060 2. Soft drink sales need to cover 25% of fixed costs, or $6,515 Coffee sales need to cover 25% of fixed costs, or $6,515 Hot dog sales need to cover 20% of fixed costs, or $5,212 Hamburger sales need to cover 20% of fixed costs, or $5,212 Miscellaneous snacks need to cover 10% of fixed costs, or $2,606 3. A soft drink costs $0.75 and is sold for $1.50, bringining in $0.75 of revenue. To reach the soft drink break-even point, $6,515/$0.75 = 8,687 must be sold. A cup of coffee brings in $1.50 in
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| | | |800 | |Insurance on factory building | | |1,500 | | |Miscellaneous expenses—factory | | |1,000 | | |Office supplies expense | | |
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. . . . . . . . . . . . . . . . . . . . . . . . . . 1,800 Deposit in transit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,450 Interest earned (on bank account) . . . . . . . . . . . . . . . . . . 52 Bank service charges (miscellaneous expense) . . . . . . . . 15 Reported on the bank statement is a canceled check that the company failed to record. (Information from the bank reconciliation allows you to determine the amount of this check, which is a payment on an account payable
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Dunkin' Donuts Download the full 2012 Dunkin' Donuts Franchise Disclosure Document here.For a full list of our downloadable FDDs please click HERE.The Franchise Disclosure Document (FDD) is a requirement by the FTC. All franchisors are obliged to provide the FDD to prospective franchisees before they commit to investing in a new franchise. The FDD is of great importance to prospective franchisees because it contains important information about the franchise. The FDD provides key financial information
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acquired. ASSETS ACQUIRED | AMOUNT | MANNER OF ACQUISITION | Cost of Machines | P60,000.00 | Cash purchases | Gallons & Bottles | 30,000.00 | Loan to suppliers (credit terms – 30 days) | Office supplies | 3,000.00 | Cash purchases | Miscellaneous expenses | 1,500.00 | Cash purchases | TOTAL | 94,500.00 | | 6. Using the accounting equation: Assets=Liabilities + Equity, the above transactions are accounted as follows: | ASSETS | = | LIABILITIES | + EQUITY | INITIAL INVESTMENTS
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Total cost: $330.00 Section 9: College Loan Payment Monthly payment is around $300.00 Section 10: Utilities Monthly: Basic (heating, electric, water, garbage): average $150.30 Internet: $47.20 Total cost: $197.50 Section 11: Miscellaneous Purchases Casual and work clothing | Jeans: $39.00T shirts: $20.00Jackets: $40.00Work clothing: as a nurse I wear scrubs so work clothing doesn’t have to be bought | Personal Care: | Haircut: $30.00Nails: $20.00 | Health Insurance: |
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Cash balance per books $3,975.20 Less: NSF check $450.00 Bank service charge 28.00 478.00 Adjusted cash balance per books $3,497.20 (c) Accounts Receivable 450.00 Cash 450.00 Miscellaneous Expense 28.00 Cash 28.00 EXERCISE 7-9 (a)
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Power Charger Emergency Radio with Hand Crank Survival Document Portfolio $500-$1000 in Small Denominations Quarters Local Area Map Compass Small Note Pad and Pencil Emergency Whistle Self Defense Pepper Spray Handgun Ammunition Miscellaneous 550 Parachute Cord Cotton Bandana Duct Tape 55 Gallon Contractor Grade Garbage Bag Resealable Bags in a Variety of Sizes Sunglasses N95 Face Mask Sewing Kit Quantity Notes Review Date BOB Pack Item (Write in other items as necessary)
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Quality Assurance Plan 5 4.3 Project Schedule and Key Milestones 5 5. COST ANALYSIS 5 5.1 Equipment and Software 5 5.2 Installation 5 5.3 Ongoing Support 5 5.4 Project Management 6 5.5 Training 6 5.6 Documentation 6 5.7 Miscellaneous 6 6. CONTRACT TERMS AND CONDITIONS 6 7. REFERRALS 6 GENERAL INSTRUCTIONS The instructions for completing each section are given in italics. After completing each section, delete the instructions. You may add more sections, if required,
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