Answer: -$140000
Explanation:
Total operating expenses, = fixed costs + variable cost
Fixed cost is 20% = $60000
Variable cost is 80%
Therefore Total Operating expenses is $300000
When we subtract the total operating expenses (300000) from the total revenue (160000) , we get -140000.
Camino's is having a net operating loss of $140000. To make profit, they need to sell above 37500 cups
Answer:
Option C is Correct ($56,400)
Cost of the company's ending work-in-process inventory=$56,400.
Explanation:
Option C is Correct ($56,400)
Given:
Ending Work in process=2000 units
Conversion= $22
Material= $15
Completed units=15,000 units
Required:
Cost of the company's ending work-in-process inventory=?
Solution:
Material Cost= $15
Conversion Cost= $22 *60%
Conversion Cost= $13.2
Total Cost=Material Cost+Conversion Cost
Total Cost=$15+$13.2
Total Cost= $28.2
Cost of the company's ending work-in-process inventory=Ending Work in process*Total Cost
Cost of the company's ending work-in-process inventory=2000*28,2
Cost of the company's ending work-in-process inventory=$56,400.
Answer:
External customer incentives
Explanation:
External customer incentives are similar to customer incentives. The phrase external distinguishes between internal customers or company employees and other customers who chose to buy the company's products.
Customer incentives are offers given to customers by a company to attract and retain them. Businesses use incentives to convert potential customers into paying clients. Discounts are an example of external customer incentives. They are used when a business faces competition from similar products by other companies. Business also offer end of the year, anniversary, and other seasonal discounts.
Answer:
$159,057
Explanation:
The computation of cost of goods sold is shown below:-
Total cost of goods available for sale = (7,200 × $10) + (4,000 × $13) + (12,000 × $13.50)
= $72,000 + $52,000 + $162,000
= $286,000
Total units = 7,200 + 4,000 + 12,000
= 23,200
Average cost per unit = Total cost of goods available for sale ÷ Total units
= $286,000 ÷ 23,200
= $12.33
So,
Cost of Goods sold = Sold units during the month × Average cost per unit
= 12,900 × $12.33
= $159,057
Therefore for computing the cost of goods sold for the month we simply applied the above formula.
