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1. COOOR Show Me How Calculator Adjusting Entries for Accrued Salaries Paradise Realty Co. pays weekly salaries of $35,000 on Friday for a five-day workweek ending on that day. a. Journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on Monday. b. Journalize the necessary adjusting entry at the end of the accounting period assuming that the period ends on Tuesday. 

2. Show Me How Calculator Adjusting Entries for Uneamed Fees The balance in the neared fees account, before adjustment at the end of the year, is $42,745. Journalize the adjusting entry required if the amount of uneared fees at the end of the year is $19,235. If an amount box does not require an entry, la it blank Accounts Payable Accounts Receivable Cash Fees Earned Fees Expense Fees Payable Prepaid Fees Unearned Fees 

3. 

1. Describe a fixed cost and provide two examples of fixed costs related to production. Note that your examples must be related to production, so stating that the salary of a marketing manager would be incorrect.

2. Describe a variable cost and provide two examples of variable costs related to production. Note that your examples must be related to production, so stating that the hourly wages of an accounting intern would be incorrect.

4. Cliff Company manufactures file cabinets. The following cost information is available for the month of December:

Cliff had 8,600 equivalent units of direct materials and 5,100 equivalent units of conversion cost.

Using the weighted-average method, calculate Cliff’s cost per equivalent unit for materials and conversion during December.