On March 1, 2026, XYZ Company paid $185,000 to purchase 250,000 coffee mugs to sell at its retail store. During 2026, XYZ Company recorded the following sales: Month March April May June July August September Selling price per mug. $2.00 $2.50 $3.00 $2.00 $3.00 $4.00 $3.50 Mugs sold 16,000 35,000 24,000 31,000 46,000 29,000 43,000 Using the matching concept, calculate the total expense recorded by XYZ Company for the months May through August.

Neat Logos buys​ logo-imprinted merchandise and then sells it to university bookstores. Sales are expected to be $2,009,000 in​ September, $2,250,000 in​ October, $2,378,000 in​ November, and $2,560,000 in December. Neat Logos sets its prices to earn an average 30​% gross profit on sales revenue. The company does not want inventory to fall below $440,000 plus 10​% of the next​ month's cost of goods sold.   Prepare a cost of goods​ sold, inventory, and purchases budget for the months of October and November.

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The Wizz Electronics sells a variety of electronic devices including a variety of WIFI SMART camerabulbs. The business began the second quarter (April to June) of 2022 with 15 (V380PRO) camera bulbsat a total cost of $108,750. The following transactions relating to the “V380PRO” camera bulbs werecompleted during the quarter. April 7        90 bulbs were purchased at a cost of $6,850 each. In addition, the business paid freightcharges of $800 cash on each bulb to have the inventory shipped from the point ofpurchase to their warehouse. April 30      The sales for April were 75 bulbs which yielded total sales revenue of $803,250. (15 ofthese bulbs were sold on account to two longstanding customers of the business) May 6        A new batch of 80 bulbs was purchased at a total cost of $654,800 May 9        Upon inspection of the inventory purchased on May 6, five (5) of the bulbs were found tobe defective and were returned to the supplier. May 31      During the month 62 of the camera bulbs…