Answer:
Gross margin= $744,760
Explanation:
<u>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.
Unitary fixed overhead= 52,900 / 21,500= $2.46
Total unitary production cost= 10.3 + 12.3 + 3.3 + 2.46= $28.36
<u>Now, the gross margin:</u>
Gross margin= sales - COGS
Gross margin= 21,500*63 - 21,500*(28.36)
Gross margin= $744,760
Answer:
Annual deposit= $26,344.36
Explanation:
Giving the following information:
The interest rate is 7 percent per year.
He wants to have enough money to provide him with $3,000 of monthly income for 30 years. To date, he has saved nothing, but he still has 20 years until he retires.
First, we need to calculate the total amount of money required:
Final value= 3,000* (30*12)= $1,080,000
Now, we can calculate the annual deposit:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
FV= 1,080,000
i= 0.07
n= 20
A= (1,080,000*0.07) / [(1.07^20) - 1]= $26,344.36
The opening balance are being added when creating a new
quick books data file for the existing company when there is a presence of
having chart of accounts that are provided to be customized that made opening
balances to be added.
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To choose non-adjacent items, hold down the _SHIFT_BUTTON____ key and connect to the desired items.
<h3>Which key is pushed from the keyboard to set the nonadjacent files folders?</h3>
To use the keyboard to choose a group of icons that are not adjacent, pick the first file, hold down the Ctrl key, and use the arrow keys to move through the list; press the spacebar for per file you want to select.
Select the row number to set the entire row. Or select on any cell in the row and then click Shift + Space.To select non-adjacent rows or columns, hold Ctrl and choose the row or column numbers.
To learn about SHIFT BUTTON visit the link
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