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Vedmedyk [2.9K]
3 years ago
11

Units Produced 20,000

Business
1 answer:
Alexeev081 [22]3 years ago
3 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Units Produced 20,000

Units Sold 17,000

Unit Sales Price $ 240

Full Manufacturing Cost Per Unit $97

<u>Under the absorption costing method, the fixed manufacturing overhead is part of the product cost.</u>

Income statement:

Sales= (17,000*240)= 4,080,000

Cost of goods sold= (17,000*97)= (1,649,000)

Gross profit= 2,431,000

Variable Selling Expenses=  (71,000)

Fixed General and Administrative Costs= (88,000)

Net operating income= 2,272,000

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Define the term market share?
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The part of a market controlled by a certain company or product

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Nueva Company reported the following pretax data for its first year of operations. Net sales 7,400 Cost of goods available for s
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Answer:

Net Income $574

Explanation:

Calculation of Nueva's net income if it elects FIFO will be :

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3 years ago
If a firm has $300,000 in cash flow from assets and $100,000 in cash flow to shareholders, what is the cash flow to creditors?
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The cash flow from assets must equal the sum of the cash flow to creditors plus shareholders.

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CF From assets = CF to Shareholders + CF to creditors.

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Thus, 300,000 - 100,000 = 200,000.

What is cash flow (CF)?

One of the areas on the cash flow statement that details how much money was made or spent on various investment-related activities during a given time period is the cash flow from investing activities (CFI) section. Purchases of tangible assets, investments in securities, and sales of assets or securities are all examples of investing activities.

A company's poor performance is frequently indicated by negative cash flow. Negative cash flow from investing activities, however, could be the result of significant sums of money being spent on things like R&D that are essential to the company's long-term success.

It's crucial to understand where an organization's investment activity fits into its financial statements before analyzing the various positive and negative cash flows from investing activities.

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For more information on Cash Flow, refer to the given link:

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Answer:

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3 years ago
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