1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andre45 [30]
3 years ago
10

Cost of Goods Sold, Sales Revenue, Income Statement Jasper Company provided the following information for last year: Sales in un

its 280,000 Selling price $12 Direct materials 180,000 Direct labor 505,000 Manufacturing overhead 110,000 Selling expense 437,000 Administrative expense 854,000 Last year, beginning and ending inventories of work in process and finished goods equaled zero. Required: Calculate the cost of goods sold for last year.
Business
1 answer:
horsena [70]3 years ago
5 0

Answer:

The cost of goods sold for last year was $795,000

Explanation:

Last year, in Jasper Company, beginning and ending inventories of work in process and finished goods equaled zero. Therefore,

The cost of goods sold for last year = Total cost of units were produced = Direct materials + Direct labor + Manufacturing overhead

Jasper Company had Direct materials of $180,000, Direct labor of $505,000, Manufacturing overhead of $110,000

The cost of goods sold for last year = $180,000 + $505,000 + $110,000 = $795,000

You might be interested in
You recently graduated from Empire State University with a degree in Marketing. You loved your time at Empire State, and have ma
11111nata11111 [884]

Answer and Explanation:

Demographic: the demographic aspect in looking at market segmentation variables in his coffee business would consider such things as age brackets, gender and different groups of population that would be interested in what his business aims to offer. Individuals who are in the older age brackets such as from 30-70 would be interested in coffee. Also these individuals are usually educated

Geographic:

This variable would consider where consumers are located geographically. Therefore are customers able to access the coffee shop easily I'm terms of proximity. How convenient is it to move to to the coffee shop from the customers location?

Psychographic:

what is customers attitudebor lifestyle ? Are customers thorough about the kind of coffee they want. Will customers accept to pay higher for higher quality coffee.

Behavioral: customers may consider the coffee shop a relaxation spot or a place to hangout with friends and family while enjoying a nice cup of coffee. What does this group do most and associate coffee with?

5 0
3 years ago
why do the regular meetings between a portfolio manager and his or her team of analysts take place in what is sometimes called "
Delicious77 [7]

Important meetings between a portfolio manager and his or her team of analysts take place in what is sometimes called "the war room" because that is where business strategies are discussed and formulated.

<h3>What is Business Strategy?</h3>

This refers to the set plans and actions that a business takes in order to get ahead of its competition and maximize profit.

With this in mind, the strategy room is called a war room because business is effectively war, especially in a capitalist system and the portfolio manager meets with his team of analysts in order to discuss business strategies.

Read more about business strategy here:
brainly.com/question/24967768

5 0
2 years ago
An example of a personal skill is
SVEN [57.7K]

Answer:

Well, Personal skills refer to the inner abilities.  Examples of personal skills include the ability to communicate with others, Leadership skills, or Management skills.

3 0
3 years ago
1. Which of the following are examples of plagiarism? (Chose multiple answers for this question)
IgorC [24]
It’s b for 1 and 2 is d
5 0
3 years ago
According to Bruce Scagel, which of the following is NOT one of the four principles necessary to ensure a successful training ef
AveGali [126]

Answer:

one principle which is against the BRUCE Scagel principle for training effort is Efficiency

Explanation:

one principle which is against the BRUCE Scagel principle for training effort is Efficiency

According to the Bruce duration of the training must be long enough to provide basic knowledge to the worker. Focus should be on one goal not on the various goal. Maximum number of worker get the benefit of successful training. The main thing that Bruce focused on his principle is the value of training. He focus training on the key area of the employee to get maximum benefit out of the training.

5 0
3 years ago
Other questions:
  • 14. Lassiter Industries has annual sales of $220,000 with 10,000 shares of stock outstanding. The firm has a profit margin of 7.
    6·1 answer
  • A setting of plainsong with two to four notes per syllable is called:
    6·1 answer
  • When there is a shortage in a market, price will tend to ; and when there is a surplus in a market, price will tend to . Equilib
    8·1 answer
  • The ____ provide(s) schedule-related information about each activity, such as predecessors, successors, logical relationships, l
    11·1 answer
  • Net income reported on the income statement for the current year was $350,000. Depreciation recorded on plant assets was $26,000
    12·1 answer
  • Your firm has net income of $259 on total sales of $1,100. Costs are $620 and depreciation is $110. The tax rate is 30 percent.
    6·1 answer
  • Sylvan, the seller, and Eric, the buyer, have signed an option agreement, which is an offer to purchase a specific piece of real
    11·1 answer
  • Home Remodeling Inc. recently obtained a short-term bank loan from City National Bank. The bank required that certain credit inf
    8·1 answer
  • A primary difference between macroeconomics and microeconomics is
    12·1 answer
  • You recently started a new job working with databases. you receive training on maintaining the database from your boss, gregor.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!