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cupoosta [38]
3 years ago
7

Knowles & Foreman Company took the following data from its income statement at the end of the current year:Per-unit product

cost$35Gross margin percentage41.20%Selling and administrative expenses$30,900Operating income$10,300How many units were sold during the year?a.3,333 unitsb.1,000 unitsc.1,500 unitsd.1,680 units

Business
1 answer:
Slav-nsk [51]3 years ago
7 0

Answer:

d. 1,680 units

Explanation:

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D) Salaries

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Bonds that can be redeemed at par at the option of their holders either at specific date after the date of issue and every 1 to
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putable bond

Explanation:

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3 0
4 years ago
Risks of global trade include all of the following EXCEPT ________.
mihalych1998 [28]

Answer:

Option e: Increased opportunities for growth

Explanation:

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6 0
3 years ago
In a large food or beverage establishment, on what form or schedule is any tip shortfall from a directly tipped employee recorde
Softa [21]
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3 0
3 years ago
Sunland manufactures competition stunt kites. In November, Jerry Box prepared the following production budget for the first quar
Anika [276]

Answer:

\left[\begin{array}{ccccc}&January&February&March&Quarter\\$sales&24500&37700&32500&94700\\$Desired ending&9425&8125&3462.5&3462.5\\$Total Needs&33925&45825&35962.5&115712.5\\$beginning&2770&9425&8125&2770\\$Production Requirement&31155&36400&27837.5&95392.5\\\end{array}\right]

Explanation:

We need to recalcualte the desired ending inventory

as currently they are calcualte at 20% and we want it at 25% we do cross multiplication

Jan: 7,540 / 20 x 25 = 9,425

We divide by 20 to get the value of a single percent f sales and then we multiply to 25 as it is our desired amount

Feb: 6,500 / 20 x  25  = 8,125

March:  2,770 / 20 x 25 = 3,462.5

Next we adjsut6 the beginning inventory for January as it is 2,770 instead of 4,900 and we can determiante the production budget need for the quarter

3 0
4 years ago
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