What is silvers transaction price

Assignment Help Accounting Basics
Reference no: EM133415872

Question: Silver Inc. sells merchandise with a cost of $80,000 to Pier 10 Inc. for $180,000 during the month. As part of the contract, Silver Inc. pays Pier 10 Inc. $5,000 in slotting fees for premium shelf position in th retail stores and $4,000 for advertising Silver's product in Pier 10's weekly flier that is emailed to Pier 10's customer list. What is Silver's transaction price?

Reference no: EM133415872

Questions Cloud

Develop a proof of concept data warehouse : Develop a proof of concept data warehouse / data mart using dimensional modelling bycapturing data from an existing data source(s).
How long would it have taken the grade 7 to do the job : you are a grade 9 and considered as the subject matter expert. If a grade 7 had been assigned, as the estimating group had said, how long would it have taken
Prepare a trading profit and loss report : Prepare a trading profit and loss report and Interpret the document above c) Provide THREE (3) recommendation based on findings
Prepare swot analysis of a service oriented organization : prepare SWOT analysis of a service oriented organization. Please keep in mind this presentation will be used by a senior marketing manager to promote
What is silvers transaction price : premium shelf position in th retail stores and $4,000 for advertising Silver's product in Pier 10's weekly flier that is emailed to Pier 10's customer list
How to develop a project management plan for developing : how to develop a project management plan for Developing a Platform for Mental Health: Project teams may develop a platform for mental health that enables users
Explain how you would utilise both data to answer : explain how you would utilise both data to answer those queries. Despite their contrasts, in what ways are both data comparable
What is the doctrine of egoism : While what Holmes did was wrong, could she have felt that she was acting in an ethical manner while still ignoring blatant wrongs?
What would you do to improve those processes : What would you do to improve those processes? Thinking on INGs employers branding and thinking agile, thinking PACE

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare a differential analysis report

FDE Manufacturing Company has a normal plant capacity of 75,000 units per month. Prepare a differential analysis report, dated April 21 of the current year

  Compute the cost of the ending inventory

Compute the cost of the ending inventory and the cost of goods sold using the following methods - FIFO: First in First out

  The collection of accounts receivable is recorded

The collection of accounts receivable is recorded by a:A)Debit to Cash and a debit to Accounts Receivable.B)Credit to Cash and a credit to Accounts Receivable.C)Debit to Cash and a credit to Accounts Receivable.D)Credit to Cash and a debit to Account..

  How will operating income be affected

Pottery Unlimited has two product lines: cups. If $20412 in fixed costs will be eliminated by dropping the CUP line, how will operating income be affected?

  Prepare the journal entries to record partners investments

The partnership expects to collect $27,288 of the accounts receivable. Prepare the journal entries to record each of the partners' investments

  Calculate the total amount of past-due accounts receivable

Calculate the total amount of past-due accounts receivable that were written off as uncollectible during the year

  Describe the personality factors

Describe the personality factors and other individual differences that you think are important to be a successful team member of (1) a traditional work team

  Calculate the real interest rate

If you bought the one-year Treasury bill in May 2012, calculate the real interest rate you earned over the following 12-month period. Given the results of your calculation, why were investors willing to buy Treasury bills in May 2012?

  What is the price of these three bonds in dollars

If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds

  How much net income did hbo realize in august

On August, 2019, HBO consigned to GEO 10 laptops costing P15,000 each, paying freight charge of P15,000. How much net income did HBO realize in August

  What is the company inventory turnover ratio

What is the Company's Inventory Turnover ratio for 2015? What inventory cost flow assumption does the Company apply for 2015

  Calculate the selling price per unit

Variable manufacturing overheads: $3 per unit. If the company is planning to achieve a profit of 25% on the selling price, calculate the selling price per unit

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd