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Lostsunrise [7]
3 years ago
6

What kind of inventory tracking system shows the cost and gross profit margin in each item?

Business
2 answers:
AVprozaik [17]3 years ago
8 0

Answer:

Dollar-Control Systems

Explanation:

Good luck !

amm18123 years ago
4 0

The gross profit method is an inventory tracking system that shows the cost and gross profit margin on each time. The gross profit method allows a company to see how much money they would profit from their inventory on hand after they subtract the cost of good solve (COGS). Businesses can choose to do this daily, weekly, monthly or yearly depending on their business and accounting/book keeping needs. Each type of business has periods and those periods are what mades them stay on track with accounting.

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Dr. Riley, a professor in the economics department, finds that if he keeps his door open, people tend to stop in to say hello. T
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Answer:

1) Mindfulness

Explanation:

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2 years ago
Explain how motor vehicle production is a bulk-gaining industry ap human geo
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3 years ago
Diaz Company reports the following variable costing income statement for its single product. This company’s sales totaled 55,000
kirill [66]

Answer:

Sales                               3,575,000

Variable Manufacturing   1,567,500

Fixed Manufacturing      <u>    247,500</u>

COGS:                               1,815,000

gross profit                       1,760,000

Variable S&A expense      302,500

Fixed S&A expense     <u>        191,250  </u>

Net Income                      1,266,250‬

Explanation:

Absorption cost will consider unit cost only the manufacturing department cost the rest are period cost.

We solve for the fixed overhead per unit using produced units:

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Then we add it to the variable cost of 28.5 and get a unit cost of $33

Wer multiply by the 55,000 units to get COGS

the rest will be period cost.

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3 years ago
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