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ludmilkaskok [199]
3 years ago
11

Cushman company had $814,000 in sales, sales discounts of $12,210, sales returns and allowances of $18,315, cost of goods sold o

f $386,650, and $280,015 in operating expenses. gross profit equals:
Business
1 answer:
lesya692 [45]3 years ago
3 0
When solving for the gross profit on a product use:
Gross profit = Sales - Cost of goods sold

Sales = $814,000
Cost of goods sold = $386,650

Gross profit = $814,000 - $386,650
Gross profit = $445,350
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In an assembly operation at a furniture factory, six employees assembled an average of 450 standard dining chairs per 5-day week
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I believe the answer would be C.
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So, the answer would be C

  
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Accounting does anyone know how to do a work sheet
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Answer:

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3 years ago
The Brite Beverage Company bottles soft drinks into aluminum cans. The manufacturing process consists of three activities:
Leokris [45]

Answer:

A. $0.1 per can

B. $3,315

C. 0.098 per packaged can

Explanation:

a) Calculation to Determine the total activity cost per packaged can under present operations.

Using this formula

Total activity cost per packaged = Total activity cost under present operations ÷ total cans packaged

Let plug in the formula

Total activity cost per packaged= $650,000 ÷ 6,500,000

Total activity cost per packaged= $0.1 per can

Therefore the total activity cost per packaged can under present operations is $0.1 per can

b) Calculation to Determine the amount of increased packaging activity costs from the expected improvements.

First step is to calculate the Packaging cost per bottle =

Using this formula

Packaging cost per bottle = Current packaging cost ÷ total cans packaged

Let plug in the formula

Packaging cost per bottle = 110,500 ÷ 6,500,000

Packaging cost per bottle = $0.017 per bottle

Second step is to calculate the Total packaging cost

Using this formula

Total packaging cost = Total bottle × cost per bottle

Let plug in the formula

Total packaging cost= 6,695,000 × $0.017

Total packaging cost= $113,815

Now let determine the amount of increased packaging activity costs from the expected improvements.

Using this formula

Amount of increased packaging activity costs = total packaging cost - current packaging cost

Let plug in the formula

Amount of increased packaging activity costs= $113,815 - 110,500

Amount of increased packaging activity costs= $3,315

Therefore the amount of increased packaging activity costs from the expected improvements is $3,315

c) Calculation to Determine the expected total activity cost per packaged can after improvements

First step is to calculate Total activity cost using this formula

Total activity cost = Mixing cost + filling cost + packaging cost

Let plug in the formula

Total activity cost == $286,000 + $253,500 + $113,815

Total activity cost == $653,315

Now let determine the Expected total activity cost per packaged can

Using this formula

Expected total activity cost per packaged can = Total activity cost ÷ no. of bottles

Let plug in the formula

Expected total activity cost per packaged can= $653,315 ÷ 6,695,000

Expected total activity cost per packaged can=0.098 per packaged can

Therefore the expected total activity cost per packaged can after improvements is 0.098 per packaged can

6 0
3 years ago
Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when
swat32

Answer:

Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when no workers are hired. In addition, suppose that the average total cost when 5 units of output are produced is $60, and the marginal cost of the sixth unit of output is $120. What is the average total cost when six units are produced

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2 years ago
When one department store authorized thousands of its sales clerks to handle functions normally reserved for store managers, suc
Dafna11 [192]
The correct answer that would best complete the given statement above is the word JOB ENRICHMENT. Here is the complete statement. <span>When one department store authorized thousands of its sales clerks to handle functions normally reserved for store managers, such as handling merchandise-return problems and approving customers' checks, they gave them more responsibility. This is a job enrichment technique. Hope this helps.</span>
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