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borishaifa [10]
3 years ago
13

Kingsbury Manufacturing has net sales revenue of $850,000, cost of goods sold of $344,600, and all other expenses of $328,300. T

he gross profit percentage is closest to:
Business
1 answer:
gladu [14]3 years ago
8 0

Answer:

56.46%

Explanation:

The computation of the gross profit percentage is shown below

Gross profit percentage is

= (Sales - cost of goods sold) ÷ (Sales) × 100

where,

Sales is $850,000

And, the cost of goods sold is $344,600

Now placing these values to the above formula

So, the gross profit percentage is

= ($850,000 - $344,600) ÷ ($850,000) × 100

= $505,400  ÷ $850,000 × 100

= 56.46%

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Newhard Company assigns overhead cost to jobs on the basis of 125% of direct labor cost. The job cost sheet for Job 313 includes
erik [133]

Answer:

A) manufacturing costs= $37,000

B) Unitary cost= $37

Explanation:

Giving the following information:

Newhard Company assigns overhead costs to jobs based on 125% of direct labor cost.

The job cost sheet for Job 313 includes $10,000 in direct materials cost and $12,000 in direct labor cost.

A total of 1,000 units were produced in Job 313.

A) manufacturing costs= direct materials + direct labor + manufacturing overhead

manufacturing costs= 10000 + 12000 + (12000*1.25)= $37,000

B) Unitary cost= 37000/1000= $37

5 0
3 years ago
1. What area of law protects the sale of a home?
Naily [24]

1 contract law

2 Something of value must be exchanged between the parties.

3 civil law

Why is the law important?

Laws are created for protect our general safety, and ensure our rights as citizens against abuses by other people, by organization's, and by the government itself. We have laws for help provide to our general safety.

How many kinds of Laws?

Natural or Moral Laws: Natural laws are the belief that certain laws of morality are inherent by human nature, reason, or religious belief.

  • Scientific Laws
  • Imperative Laws
  • Common Laws
  • Criminal Laws

Learn more about Law here brainly.com/question/6590381

#SPJ10

4 0
2 years ago
4. How might living under anarchy be desirable, compared to other forms of government with more power? How might it be bad? (4 p
Zepler [3.9K]
Anarchy is good and bad. Compared to communism it is WAY BETTER. Though, you can't vote on your leader like in democracies. Especially if you agree with the leader's values in an anarchy you would probably enjoy it. Also anarchies do have lots of power. I would say to search this up on google though.
6 0
3 years ago
Managers are often evaluated by their employees. Employees who report to a manager are known as Blank______.
stepan [7]

Answer:

I don't know I'm sorry

Explanation:

I just want points pls forgive me

5 0
2 years ago
Because services are inseparable, they cannot be tried before they are purchased. To counteract this, a service firm might:
Marina CMI [18]

Answer:

A, Offer a guarantee for the customer's complete satisfaction.

Explanation:

SInce services are inseperable beacuse there cannot be trials unlike in some goods, the only way to keep a customer's mind at rest over the service he or she is getting to give a guarantee as to the quality of the service such that the customer is satisfied and can purchase the service.

For example, giving a customer a time frame for the durability of a service and also a consideration for re-service before the set or supposed time is a way of giving customer guarantee about a service he or she is purchasing

.

Cheers.

3 0
2 years ago
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