How much did the 20 gb playstation 3 cost when it first came out in 2006?

Joplin Industries Inc. manufactures and sells high-quality sporting goods equipment under its highly recognizable J-Sports logo.

motikmotik

Answer:

a. Joplin Industries Inc.

Absorption Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Less: Beginning inventory $4,387,200

Cost of goods manufactured $45,756,000

Cost of goods sold $50,143,200

Gross Profit $30,856,800

Selling and Administrative Expenses $13,122,000

Operating Income $17,734,800

b. Joplin Industries Inc.

Variable Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Variable cost of goods sold $40,500,000

Manufacturing Margin $40,500,000

Selling and Administrative Expenses $12,150,000

Contribution Margin $28,350,000

Fixed cost

Manufacturing cost $8,856,000

Selling and Admin Expenses $972,000

Total Fixed cost $9,828,000

Operating Income $18,522,000

4 0

3 years ago

Octavio wants to compare the gross national product for six different countries for the year 2016. the best way for him to displ

Ierofanga [76]

If Octavio wants to compare the gross national product for six different countries for the year 2016, he can best show his information by combination charts. For example, you can combine a line chart or a bar chart that shows the gross national product (GNP) range with a column chart that shows GNP per country. The two variables are set as Y and X axis respectively.

6 0

3 years ago

A maker of computers has decided to steeply discount all of its HyperDrive models and is considering licensing an overseas manuf

zhannawk [14.2K]

growth of manufacturing

6 0

3 years ago

Read 2 more answers

Which of the following is the correct statement about fixed costs? The fixed cost per unit will decrease when volume increases.

Montano1993 [528]

Answer:

The correct statement is: "The fixed cost per unit will decrease when volume increases."

Explanation:

Total fixed costs remain the same within a relevant range, but the fixed cost per unit decreases as production increases, because the same fixed costs are spread over more units produced.

6 0

3 years ago

The price of NetFlex stock is $54.54; its expected dividend next year is $6, and its constant annual growth rate thereafter is 5

katrin [286]

Answer:

Rate of return is 16.11%

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Formula to calculate the value of stock

Price = Dividend / ( Rate or return - growth rate )

$54 = $6 / ( Rate or return - 5% )

Rate or return - 0.05 = $6 / $54

Rate or return - 0.05 = 0.1111

Rate or return = 0.05 + 0.1111

Rate or return = 01611

Rate or return = 16.11%

5 0

3 years ago