Answer:
$731,000 and $684,000
Explanation:
The computations are shown below:
For cost of goods manufactured
= Direct materials used + Direct labor cost + Manufacturing overhead incurred + opening work-in-process inventory - closing work-in-process inventory
= $271,000 + $126,000 + $359,000 + $193,000 - $218,000
= $731,000
For cost of goods sold
= Opening finished goods Inventory + Cost of goods manufactured - Ending finished goods Inventory
= $395,000 + $731,000 - $442,000
= $684,000
<u>Solution and Explanation:</u>
1…. 2019 2020 2021 2022
EBITDA 80000 83200 86528 89989
EBITDA Multiple 14 14 14 14
Enterprise or Total Value
= EBITDA*Multiple 1120000 1164800 1211392 1259848
2012 Enterprise/Total Value = 1259848
2…Next year's expected gross margin
<u>Alternative :1
</u>
Gross Margin= (
<u>Alternative :2
</u>
Gross Margin= 
Alternative 2 is recommended
as there Increase in price is 1%
. But increase in gross margin is 3.3%
Next year’s expected gross margin in dollars in each case
Alternative :1------------ 63000
Alternative :2------------67266
Answer:
The correct answer is D. $5,000
Explanation:
Please remember that 3 inputs we need to remember when it comes to depreciation expense calculation is (1) Original cost, (2) Salvage value & (3) Expected useful life.The annnual depreciation expense is caluclated as below:
Depreciation expenses = (Original cost - Salvage value)/Expected useful life
Putting all the number together, we have:
Depreciation expenses = (25,000 - 0)/5 = 5,000.
So the correct answer is D. $5,000
Answer:
$2,397
Explanation:
Straight line method charges a fixed amount of depreciation
Depreciation Charge = (Cost - Residual Value) ÷ Estimated useful life
therefore,
<u>Annual depreciation charge</u>
2019
Depreciation Charge = $1,428
2020
Depreciation Charge = $1,428
2021
Depreciation Charge = ($8,160 - $1,428 - $1,428 - $510) ÷ 2
= $2,397
therefore,
Depreciation expense, 2021 is $2,397
