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slega [8]
3 years ago
7

Mallory Industries has the following cost information for the year just ended:

Business
1 answer:
Leona [35]3 years ago
3 0

Answer:

Results are below.

Explanation:

The absorption costing method includes all costs related to production, both fixed and variable. <u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead</u>.

<u>First, we need to calculate the unitary cost value:</u>

Unitary cost= (6 + 2 + 1.5) + 40,000/10,000

Unitary cost= $13.5

<u>Now, the income statement:</u>

<u></u>

Sales= 9,100*50= 455,000

COGS= (13.5*9,100)= (122,850)

Gross profit= 332,150

Total administrative costs= (3*9,100) + 50,000= (77,300)

Net operating income= 254,850

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Answer:

Laocoon threw the spear at the wooden horse when Trojans refused to believe him that the wooden horse was a trickery from Greeks.

Explanation:

Aeneid is a masterpiece of Virgil, that tells the tale of Aeneas.

In book 2, of the epic, the death of Trojan Priest Laocoo is mentioned. The book begins by unfolding the trickery that the Greeks were planning on Trojans by sending the wooden horse as a gift of peace. Since, they had a war between them for ten years, Trojans agreed to accept the gift as they wanted peace. But it was Laocoon, who suspects the reason of sending the wooden horse.

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3 years ago
A corporation formed in one state but doing business in another state is called a _______ by the second state.
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4 years ago
In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of?
Lemur [1.5K]

In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of creative destruction.

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7 0
1 year ago
Your firm has net income of $273 on total sales of $1,180. Costs are $660 and depreciation is $130. The tax rate is 30 percent.
forsale [732]

Answer:

The operating cash flow is equal to $403

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