Explanation:
a. net sales less cost of goods sold
Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company's income statement and can be calculated by subtracting the cost of goods sold (COGS) from revenue (sales
Answer:
Overheads apply = $2,400
Explanation:
given data
factory overhead = $900,000
general and administrative costs = $600,000
per hour = $20
Direct labor costs = $300,000
solution
we know here Total direct labor hours that is
Total direct labor hours =
Total direct labor hours = 15,000 direct labor hours
so here Factory overheads per direct labor hour will be
Factory overheads per direct labor hour =
Factory overheads per direct labor hour = $60 per direct labor hour
so here Overheads applied to Job will be
Overheads apply = 40 direct labor hours × $60 per direct labor
Overheads apply = $2,400
I believe the correct answer from the choices listed above is option A. The best principle for formatting headings in a formal business document would be to follow <span>a simple, consistent style. It is important that you are direct in your intentions. Hope this answers the question.</span>
Your answer will be $57.85 and heres why ;)
9.2% of $52.98 is $4.78
$52.98+$4.78=$57.85
hope i helped
Answer:
$250,000
Explanation:
Book value and fair value of acquired assets and liabilities are given in the attached image.
Given:
Cash paid in exchange of stock = $950,000
Only fair value of assets and liabilities are considered
Goodwill = Cash - fair value of net assets
Fair value of net assets = Fair value of current assets + property, plant and equipment - liabilities
= 125,000 + 750,000 - 175,000
= $700,000
Goodwill = 950,000 - 700,000
= $250,000