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lana66690 [7]
3 years ago
8

Gross billings for merchandise sold by Pharoah Company to its customers last year amounted to $12720000; sales returns and allow

ances were $363000, sales discounts were $175600, and freight-out was $140600. Net sales last year for Pharoah Company were: A. $12720000 B.$12040800. C.$12357000. D.$12181400.
Business
1 answer:
Anika [276]3 years ago
6 0

Answer:

D.$12,181,400 .

Explanation:

The net sales for the year is the value obtained after the deduction of the returns, discount and allowances from the total sales.

The cost incurred on freight of goods sold is known as selling and distribution cost which is a part of the operating expenses.

As such, freight is not a part of the elements to be considered in the computation of net sales.

Net sales = $12,720,000 - $363,000 - $175,600

= $12,181,400

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The change in checking deposit is equal to $22,727.27.

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A part of this deposit will go to the required reserve and the rest will be added in the checking deposit of the bank.

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English - Hey, so I'm starting a little business. I'm going to be customizing shoes. If you want a pair of shoes please tell me.
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Which is the best answer
Ipatiy [6.2K]
The answer would be between A and D.
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Suppose Czech businessmen began purchasing American properties. How would this impact the foreign exchange market for the koruna
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Answer:

B. Appreciate / Depreciate / Decrease

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It exchange will appreciate the dollar value because of an increase in the Dollar demand as the supply keeps at the same level.

While the Czech Koruna will see its price decrease because of the increase in the supply of Koruna while the demand of Koruna keeps at the same level,

In the meantime, the American Export see their market negatively affected by the increase in the dollar price, as the dollar increase its value and will be more difficult to the Americens sell their products to the rest of the world, because others countries need more money for each dollar.

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3 years ago
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Airida [17]

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Particulars                                           Amount       Calculations

Direct materials                                    $7.00

Handling                                               $2.80          ($3,500/5,000*4 parts)

Assembling                                           $9.60          ($12,000/5,000*4 parts)

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Total manufacturing cost per chair   <u>$37.80</u>

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