document to listing the total cost for all the services totaling $415,200.00 for a program for 5th grade to 12 grade students for a literacy podcast education program.
Question
document to listing the total cost for all the services totaling $415,200.00 for a program for 5th grade to 12 grade students for a literacy podcast education program.
Solution
To create a document listing the total cost for all the services totaling $415,200.00 for a program for 5th grade to 12 grade students for a literacy podcast education program, follow these steps:
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Identify the Services: First, you need to identify all the services that will be included in the program. This could include things like podcast production, curriculum development, equipment, software, and personnel costs.
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Assign Costs to Each Service: Once you have identified all the services, you need to assign a cost to each one. This will require some research to determine the market rate for each service. The total cost of all services should add up to $415,200.00.
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Create a Spreadsheet: Using a program like Microsoft Excel or Google Sheets, create a spreadsheet to list all the services and their associated costs. Each service should be listed in a separate row, with the cost in the next column.
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Calculate the Total Cost: At the bottom of the spreadsheet, use a formula to calculate the total cost of all services. This should equal $415,200.00.
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Add Descriptions: For each service, add a brief description of what it includes. This will help others understand what each cost is for.
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Review and Edit: Review the document for any errors or omissions. Make sure all costs are accurate and all services are included.
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Save and Share: Once you are satisfied with the document, save it and share it with the relevant parties. This could include the program administrators, funders, or other stakeholders.
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Kids sells academic books and online access to worked examples and activities for most school subjects. During November 2020, Bayview School signed a contracted with Smart Kids and ordered academic books and a one-year online access to worked examples and activities for the 2021 academic year. The contract price amounted to $100,000.The stand-alone selling prices for similar customers online is $80,000 for books and $40,000 for online access to worked examples and activities for a year.Smart Kids delivered the books on 1 December 2020. And the online access has been activated for all Bayview school computers on 1 January 2021.Bayview School paid the full contract price on 20 December 2020.Bayview School uses the balance sheet approach for recording deferrals.Ignore GST.Required:If Smart Kids’ balance date is 30 June 2021, what is the adjusting journal entry to be recorded on 30 June 2021?Question 7Answera.DR Revenue received in advance – Books $66,667 and DR Revenue received in advance – Online access $16,667; and CR Revenue $83,334b.DR Revenue received in advance – Online access $33,333; and CR Revenue – Online access $33,333c.DR Revenue received in advance – Books $66,667 and DR Revenue received in advance – Online access $33,333; and CR Revenue $100,000d.DR Revenue received in advance – Online access $16,667; and CR Revenue – Online access $16,667
Smart Kids sells academic books and online access to worked examples and activities for most school subjects. During November 2020, Bayview School signed a contracted with Smart Kids and ordered academic books and a one-year online access to worked examples and activities for the 2021 academic year. The contract price amounted to $100,000.The stand-alone selling prices for similar customers online is $80,000 or books and $40,000 for online access to worked examples and activities for a year.Smart Kids delivered the book on 1 December 2020. And the online access has been activated for all Bayview school computers on 1 January 2021.Bayview School paid the full contract price on 20 December 2020.Bayview School uses the balance sheet approach for recording deferrals.Ignore GST.Required:How much of the contract price will be allocated to the online access to worked examples and activities for the year?Question 4Answera.$40,000b.$30,000c.$33,333d.$25,000
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