Baldwin's EBIT (earnings before interest and taxes) last year was $21,771,033. $223,085 was Baldwin's net profit.
Earnings before interest and taxes (EBIT) is a measure of a company's profitability. EBIT can be calculated as revenue minus expenses, excluding taxes and interest. EBIT is also known as operating profit, operating profit, and profit before interest and tax.
Earnings before interest and taxes (EBIT) and earnings before interest, taxes, depreciation, and amortization (EBITDA) are very similar profitability measures. However, EBITDA adds depreciation, while EBIT does not. Both formulas start with net income, plus interest and taxes.
Operating profit is an important figure that managers should pay attention to because it reflects the income and expenses that they can control. Operating profit and EBIT (earnings before interest and tax) are the same.
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Answer:
You can create an appointment book for customer service representatives to use when scheduling appointments with customers. An appointment book is a calendar view of the daily time slots in which an appointment for on-premise work can be done.
The total amount of the costs listed above that are NOT direct costs of the Brentwood Stores equals to $157,000.
<h3>What are direct cost?</h3>
This refers to the price that can be directly tied to the production of specific goods or services.
The non- direct costs of the Brentwood Store includes:
- Corporate legal office salaries
- Corporate headquarters building lease
- Central warehouse lease cost
Hence, the Costs that are not direct costs of the Brentwood Store = Corporate legal office salaries + Corporate headquarters building lease + Central warehouse lease cost
= $68,000 + $86,000 + $3,000
= $157,000
Therefore, the total amount of the costs listed above that are NOT direct costs of the Brentwood Stores equals to $157,000.
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Answer:
A. $720 Unfavorable
B. $840 Unfavorable
C. $1,560 Unfavorable
D. $800 Favorable
E. $30 Unfavorable
F. $790 Unfavorable
Explanation:
The computation of given question is shown below:-
A. Sales = (Budget quantity - Actual quantity) × Budgeted sale price
= ($8.10 - $7.80) × 2,400
= $0.3 × 2,400
= $720 Unfavorable
B. Variable manufacturing = (Actual variable cost - Budgeted variable manufacturing cost) × Budgeted sale price
= ($4.25 - $3.90) × 2,400
= $0.35 × 2,400
= $840 Unfavorable
C. Contribution margin = ((Budgeted sales price - Budgeted variable manufacturing cost) - (Actual sale price - Actual variable cost)) × Budgeted sale price
= (($8.10 - $3.90) - ($7.80 - $4.25)) × 2,400
= $0.65 × 2,400
= $1,560 Unfavorable
D. Fixed manufacturing = Actual fixed manufacturing cost - Budgeted Fixed manufacturing cost
= $1,300 - $2,100
= $800 Favorable
E. Fixed selling and admin cost = Actual selling and administrative costs - Budgeted fixed selling and administrative cost
= $530 - $500
= $30 Unfavorable
F. Net income (loss) = Contribution margin - Fixed manufacturing + Fixed selling and admin cost
= $1,560 - $800 + $30
= $790 Unfavorable
It usually takes about a week or so. So don’t be worried
