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Ivenika [448]
1 year ago
11

Net loss means expenses is _____ gross profit?

Business
1 answer:
sveticcg [70]1 year ago
3 0

Answer:

net loss means expenses is ____ gross profit?

a. <em>g</em><em>r</em><em>e</em><em>a</em><em>t</em><em>e</em><em>r</em><em> </em><em>t</em><em>h</em><em>a</em><em>n</em><em> </em>

<em><u>→</u></em><em><u>b</u></em><em><u>.</u></em><em><u> </u></em><em><u>l</u></em><em><u>e</u></em><em><u>s</u></em><em><u>s</u></em><em><u> </u></em><em><u>t</u></em><em><u>h</u></em><em><u>a</u></em><em><u>n</u></em>

<em>c</em><em>.</em><em> </em><em>e</em><em>q</em><em>u</em><em>a</em><em>l</em><em>s</em>

<em>d</em><em>.</em><em> </em><em>n</em><em>o</em><em>n</em><em>e</em><em> </em><em>o</em><em>f</em><em> </em><em>t</em><em>h</em><em>e</em><em> </em><em>a</em><em>b</em><em>o</em><em>v</em><em>e</em>

Explanation:

<em><u>#</u></em><em><u>C</u></em><em><u>a</u></em><em><u>r</u></em><em><u>r</u></em><em><u>y</u></em><em><u> </u></em><em><u>O</u></em><em><u>n</u></em><em><u> </u></em><em><u>L</u></em><em><u>e</u></em><em><u>a</u></em><em><u>r</u></em><em><u>n</u></em><em><u>i</u></em><em><u>n</u></em><em><u>g</u></em>

⤵

Choi Eunbyul <3

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tone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Physical UnitsPer
Svetlanka [38]

Answer:

TOTAL 258,000

TOTAL 258,000

Explanation:

Calculation to reconcile the number of physical units Using the FIFO method

PHYSICAL UNITS

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TOTAL 258,000

PHYSICAL UNITS

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(258,000-94,000)

Ending Inventory 94,000

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Therefore Using the FIFO method to reconcile the number of physical units will give us 258,000 and 258,000

4 0
2 years ago
During its most recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and pr
ANEK [815]

Answer:

Fixed costs= 1,100,000

Explanation:

Giving the following information:

During its most recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and pretax income was $400,000.

We need to reverse engineer the income statement to determine the total fixed costs. We know that the pretax income is the difference between the total contribution margin and the fixed costs.

Pretax= total contribution margin - fixed costs

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Fixed costs= 1,100,000

5 0
3 years ago
A process cost summary for a production department accounts for all costs assigned to that department during the period plus cos
tigry1 [53]

Explanation:

The process cost shows the summary of the activities related to the production. It includes the cost of goods completed & transferred units  and the ending work in process inventory.

So, the given statement is true

The indirect cost are come under the manufacturing overhead cost. So, it would be charged to overhead control account

Thus, the given statement is false.

The direct labor includes that labor which is directly related to the production process of a product. So the single production department is likely to be a direct labor

Thus, the given statement is true.

To record the allocation of overhead, the following journal entry is required

Work in Process Inventory, Baking Dept  A/c Dr $24,500

       To Factory overhead A/c $24,500

(Being the overhead allocation is recorded)

The computation is shown below:

= Direct labor cost  × allocation rate

= $10,000 × 245%

= $24,500

Thus, the given statement is true.

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3 years ago
Use the following information to determine this company's cash flows from financing activities.a. Net income was $466,000. b. Is
Leni [432]

Answer:

The answer is ($174,000)

Explanation:

Cash flows from financing activities show the inflow and outflow of cash that are used to fund the business's operations.

Cash flow from financing activities:

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Settlement of notes payable.................................($125,000)

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2 years ago
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Answer:

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A sustainable workplace is the setup of the workplace in which the environment is employee-friendly. The cases of accidents and injuries and bad environment are absent in such type of workplace. The employees find such places a very healthy and favorable. It helps in generating a sound profit for the organizations.

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