Answer:
Cost of goods sold =$61,5300
Gross Profit = $144,700
Explanation:
Given the information:
- Purchase : $630,000
- Purchase Returns and Allowances $25,700
- Prchases Discounts $10,900
- Freight-In $18,300
- beginning inventory of $45,000
- ending inventory of $64,600
- net sales of $760,000
As we the, the fomular for total Goods Available for Sale
=
Beginning Inventory + Purchases + Freight-In - Purchase Returns and Allowances - Purchases Discounts
= $45,000 + $630,000 + $18,300 - $25,700 - $10,900
= $67,9900
=> Cost of goods sold = Total Goods Available for Sale - ending inventory
= $67,9900 - $64,600
= $61,5300
=> Gross Profit = Net sales - Cost of goods sold
= $760,000 - $61,5300
= $144,700
Hope it will find you well.
<span>Assuming that we consider the standard workday of eight hours, each part would take 18.75 minutes per part completion. In order to complete 1,250 parts, it would take 8.33 days to complete. In order to complete the 1,250 parts, the manufacturer would have to create at least eight work stations to meet the daily demand.</span>
<span>A rapid increase in the money supply may lead to a "Deflation"
Hope this helps!
</span>
Answer:
The correct answer is letter "E": cash flow to stockholders.
Explanation:
The cash flow to stockholders is the amount of money a firm pays to its debtholders and stockholders. It is calculating by subtracting the <em>dividends paid minus new equity</em> -if raised any. The Board of Directors determines the amount and the period to be considered for the dividends and if they are paid from the organization's current earnings or the reserve revenues.
Answer:
200 units
Explanation:
For computing the number of units produced each time we need to applied the economic order quantity formula which is shown below:
where,
Annual demand is 1,600 units
Ordering cost per order is $25
And, the carrying cost or holding cost per unit per year is $2
Now placing these values to the above formula
So, the economic order quantity is
= 200 units
