The cash transactions of the Beaven Club are given below for the year ended 30 December 2020: Cash at the commencement of the year 4 500
Entrance fees received 18 300
Life membership subscription received 2 605
Lockers rent received 465
Subscription:
Received during the year 3 500
Arrears of the last year 2 360
This year advance 346
Printing and Stationary:
Paid during the year 2 160
Payable this year 94
Payable last year 312
Rent and Rates:
Paid during the year 370
Payable this year 230
Sports material purchased 348
Required
Prepare a receipt and payment account for the year ended on 30 December 2020

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)

As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage