All categories

4 years ago

Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted.

Business

1 answer:

zhuklara [117]4 years ago

4 0

Answer:

Jansen Company

Departmental Income Statement—Ski Department

For Year Ended 2019

Sales 610,000

Less : Cost of goods sold 435,000

Gross profit 175,000

Less; Expenses

Salaries 113,000

Utilities 15,600

Depreciation 54,400

Office expenses 29,600 212,600

Operating loss $37,600

Jansen Company

Departmental Income Statement—Ski Department

For Year Ended 2019

Sales 610,000

Less : Cost of goods sold 435,000

Gross profit 175,000

Less; Direct Expenses

Salaries 88,000 (113,000 - 25,000)

Utilities 9,900 (15,600 - 5,700)

Depreciation 37,000 (54,400 - 17,400)

Total Direct Expenses 134,900

Contribution to overhead $40,100

They should not eliminate the Ski Department because it would contribute $40,100 to overhead.

You might be interested in

List three methods of searching the major tax service databases. A. Keyword, citation, or index B. Author, groupings, or conte

brilliants [131]

Answer:

The correct answer is A. Keyword, citation, or index

Explanation:

By definition, a keyword is an informational word used in an information retrieval system to indicate the content of a document with the expectation of a matching search result.

Citations are references of other authors to give credit for their ideas in the document that is prepared. Citations are used to reinforce ideas, results and data, to give points of view, examples, to deepen or amplify the arguments of the work to be elaborated.

An index lists the terms and topics covered in a document, as well as the pages on which they appear. To create an index, index entries are marked by specifying the name of the main entry and cross reference in the document, and then the index is generated.

4 0

4 years ago

At the beginning of the year, ACME had an inventory of $600,000. During the year, the company purchased goods costing $2,250,000

babunello [35]

Answer:

COGS (cost of goods sold) = $2,100,000

Gross Profit rate = 0.3

Explanation:

The formula for computing COGS (cost of goods sold) is as

COGS (cost of goods sold) = Beginning inventory + Purchases - Ending inventory

where

Beginning inventory amounts to $600,000

Purchases made during the period is $2,250,000

Ending inventory is $750,000

So, putting the values above:

COGS (cost of goods sold) = $600,000 + $2,250,000 - $750,000

COGS (cost of goods sold) = $2,850,000 - $750,000

COGS (cost of goods sold) = $2,100,000

The formula for computing Gross Profit rate is as:

Gross Profit rate = Gross Profit / Net Sales

where

Gross Profit is computed as:

Gross Profit = Net Sales - COGS

= $3,000,000 - $2,100,000

Gross Profit = $900,000

Net Sales is $3,000,000

So, putting the values above:

Gross Profit rate = $900,000 / $3,000,000

Gross Profit rate = 0.3

4 0

3 years ago

Using your favorite search engine, the resources of your library, and information available on the Uber Web site, identify and e

Oliga [24]

Answer:

No Suspicious pickups

All riders should deliver A record and supply their flagging and installment information before they will demand a ride. in this manner once driver settle for a call for support, driver can perceive whom he's discovering.

Substitute telephone numbers

In a few areas round the world, Uber utilizes innovation that anonymizes telephone numbers to remain contact subtleties secret. accordingly once driver and rider found a good pace another, driver individual information stays non-open

Route:

At the point when riders enter their goal, driver can precisely get turn-by-turn bearings inside the application, consequently driver will represent considerable authority in acquiring there

GPS:

GPS data is logged for each outing in this manner Uber knows about whom driver is driving and any place driver goes, that advances answerability and empowers reasonable conduct

Payments:

Tolls square measure precisely charged to the rider's payment method on document, in this way in many urban communities you'll have the option to maintain a strategic distance from the opportunity and issue of conveying cash and making change

Input:

Driver rate your rider when each excursion. Uber survey those appraisals to affirm that everyone driver gets is as conscious as driver square measure. Riders reportable to damage our terms of administration could likewise be kept from abuse Uber

Brisk Response:

Uber's extraordinarily prepared episode reaction bunches square measure out there nonstop to deal with any basic security gives that emerge.

3 0

3 years ago

mazie is on the board of directors for belltone corporation, a corporation that manufactures hearing aids. mazie has not attende

DedPeter [7]

The shareholders have the authority to remove a director in this scenario when only one member of the board of directors refuses to step down.

What is board of directors?
A board of directors, also known as the board or simply the board, is an executive committee that collectively oversees the operations of an organisation. This organisation may be for-profit or nonprofit, such as a company, nonprofit, or government agency.

Governmental regulations, including the corporate law of the applicable jurisdiction, as well as the organization's possess constitution and by-laws, set forth the rights, obligations, and obligations of a board of directors. These authorities may determine the number of board members, the process for selecting them, and the frequency of their meetings.

The full membership of an organisation that has voting members, who typically elect the board members, is responsible to and may be subordinate to the board in such an organisation.

Because In general, the sole authority to remove a director rests with the shareholders. A resolution to remove a director must be approved by a majority of shareholders at a special general meeting.

To learn more about board of directors
brainly.com/question/28201050
#SPJ4

8 0

1 year ago

Graham, Inc.'s April bank statement shows an April 30 balance of $5,120. Prior to reconciliation, its books show a cash balance

Mars2501 [29]

Answer:

$5,570

Explanation:

The purpose of a bank reconciliation statement is to reconcile the difference between Cash Book balance and Bank Statement balance. Also it is used to check accuracy of Cash Book and the accuracy of Bank Statement.

Graham, Inc.'s April bank reconciliation statement is prepared as :

Graham, Inc.

Bank reconciliation statement as at April 30

Balance as per Bank Statement $5,120

Add outstanding lodgments $800

Add back error at the bank $115

Less unpresented checks ($465)

Balance as per Cash Book $5,570

therefore,

The reconciled cash balance at April 30 on the bank reconciliation should be $5,570.

4 0

3 years ago