On August 1, Gilgen Brothers bought goods with a list price of $19,200, terms 2/10, n/30. The firm records purchases at invoice price, using the periodic inventory system. On August 5, Gilgen Brothers returned goods with a list price of $2,400 for credit.
Required:1. If Gilgen Brothers paid the supplier the amount due on August 9, the appropriate entry would be:O Debit to Accounts Payable 18,464 Credit to Cash 18,464O Debit to Accounts Payable 19,200 Credit to Purchase Discounts 384 Cash 18,816O Debit to Accounts Payable 16,800 Credit to Cash 16,800O Debit to Accounts Payable 16,800 Purchases Discounts 336 Credit to Cash 16,464

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)

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