Please i need help with this !!

A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

ZanzabumX [31]

Answer:

$71,240

Explanation:

The computation of the total gross margin under absorption costing is shown below:

As we know that

Gross Margin = Sales - Variable Manufacturing Cost - Fixed Manufacturing Overhead For Units Sold

Sales (2,740 units × $131) $358,940

Less Manufacturing Costs

Direct Materials (2,740 units × $44) $120,560

Direct Labor (2,740 units × $19) $52,060

Variable Manufacturing Overhead (2,740 units × $13) $35,620

Fixed Manufacturing Overhead ($85,260 ÷ 2,740 units ÷ 2,940 units) $79,460

Gross Margin $71,240

We simply applied the above formula

6 0

3 years ago

The following information is available for Baker Industries: Cost of goods manufactured $ 320,000 Beginning finished goods inven

schepotkina [342]

Answer:

Baker Industries

The Cost of goods sold for the period is:

= $330,000

Explanation:

a) Data and Calculations:

Cost of goods manufactured $ 320,000

Beginning finished goods inventory 45,000

Ending finished goods inventory 35,000

Cost of goods sold:

Beginning finished goods inventory $45,000

Cost of goods manufactured 320,000

Ending finished goods inventory (35,000)

Cost of goods sold = $330,000

4 0

3 years ago

The name for computations that allow you to determine how much money to deposit now to earn a desired amount in the future is

nydimaria [60]

Answer:

Future value

Explanation:

The name for computation that allows you to determine how much money to deposit now to earn a desired amount in the future is "Future value." Future value is the equivalent of an asset at a particular date. It estimates specific nominal future sum of cash that an invested sum of money is "worth" at a stipulated period in the future considering a specific interest rate, or more commonly, rate of interest; it is the immediate price multiplied by the aggregation function.

5 0

3 years ago

To increase the sales representatives' product knowledge, the sales director arranges for each of them to rotate through the pro

atroni [7]

Answer:

A.

Explanation:

Based on the information provided within the question it can be said that another great department to rotate to would be customer service, so that they can learn how the chemicals are implemented and used by the customer. Doing so would allow them to understand why the customers use them and what kind of implementations would be useful for the customers, which would in term generate more profits.

4 0

3 years ago

Gary, Peter, and Chris and have capital balances of $26,000, $38,000, and $30,000, respectively. As per the partnership agreemen

ycow [4]

Answer:

A) $3,429

Explanation:

Bonus capital paid by the new shareholders will be distributed among the Old Partner on the basis of their old sharing ratio

Capital Balance of Peter = $38,000

Settlement amount = $20,000

As we does not have revised profit ratios, Peter and Chris will share profit on their old ratios.

Remaining balance of Gary's capital = $26,000 - $20,000 = $6,000

Peter Share = 4/7 x $6,000 = $3,429

6 0

3 years ago