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Answer:
36.35%
Explanation:
According to the scenario, computation of the given data are as follows,
Sales = $78,400
Net income = $2,400
Cost of goods sodl = $43,100
Depreciation = $6,800
So, we can calculate the EBIT value by using following formula:
= EBIT ÷ Sales
= ($78,400 - $43,100 - $6,800) ÷ ($78,400)
= $28,500 ÷ $78,400
= 36.35%
Hence, the common-size statement value of EBIT is 36.35%
Answer:
$127,700
Explanation:
Bramble Corp stockholders’ equity section of the balance sheet
Stockholders’ equity
Paid-in Capital
Capital Stock
Common Stock 59,950
Additional Paid-in Stock
Paid-in Capital in Excess of Par Common Stock 33,400
Total paid in Capital 93,350
Retained Earnings 47,000
Total paid in Capital and Retained Earnings 140,350
(93,350+47,000)
LessTreasury Stock 12,650
Total Stockholders’ equity 127,700
(140,350-12,650)
Answer:
Manufacturing overhead= $96,000
Explanation:
Giving the following information:
Utilities, factory $ 11,000
Indirect labor $ 30,000
Depreciation of production equipment $ 51,000
<u>The manufacturing overhead includes all indirect costs regarding production. </u>
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Manufacturing overhead= 11,000 + 30,000 + 51,000
Manufacturing overhead= $96,000
