All categories

3 years ago

XYZ Manufacturing reported the following:

Business

1 answer:

lawyer [7]3 years ago

7 0

Answer:

the gross profit of XYZ is $294,000

Explanation:

The computation of the gross profit is shown below:

= Revenue - cost of goods sold

= $485,000 - ($38,000 + $186,000 - $33,000)

= $485,000 - $191,000

= $294,000

Hence, the gross profit of XYZ is $294,000

The above formula should be used for the same

You might be interested in

High-risk or major functions are addressed in the first cycles there by delivering an operational product. Which of the sdlc pro

Lady bird [3.3K]

The SDLC process models achieves the above function is Incremental model. Thus, option (d) is correct.

Risk refers to the chance of happening something wrong. It involves the uncertainty about the after effects of the acts. For the businessman, risk is the reward for profit.

Incrementalism Model SDLC is a subset of a bigger system that divides a project into releases and then incrementally adds capability to each build.

This technique prioritizes the demands of the system, which are then achieved in groups.

Therefore, it can be concluded that option (d) is correct.

Learn more about risk here:

brainly.com/question/27754423

#SPJ4

Your question is incomplete, but most probably the full question was….

List of options:-

Select one:

a. Spiral Model

b. RAD model

c. Waterfall model

d. Incremental model

6 0

1 year ago

Culver Corporation purchased machinery on January 1, 2022, at a cost of $288,000. The estimated useful life of the machinery is

Digiron [165]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Purchasing price= $288,000

Useful life= 4 years

Salvage value= $33,800

First, we will calculate the depreciation expense using the straight-line method:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (288,000 - 33,800)/4

Annual depreciation= $63,550

Now, using the double-declining balance:

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= 2*63,550= 127,100

Year 2= [(254,200 - 127,100)/4]*2= $63,550

Year 3= [(127,100 - 63,550)/4]*2= $31,775

Year 4= [(63,550 - 31,775)/]*2= $15,887.5

6 0

3 years ago

Harvey, a u.s. taxpayer, purchased 10 shares of mvc stock for $100 per share; one year later he sold the 10 shares for $130 a sh

Nonamiya [84]

Harvey purchased 10 shares of mvc stock for = $100 per share
one year later he sold the 10 shares for = $130 a share
The price level increased in a year from = 140 to 147
harvey's before-tax real capital gain =
$1,300 - $1,000(1.05) but he is to report a $300 gain on his income tax

5 0

3 years ago

A business received an offer from an exporter for 10,000 units of product at $13.50 per unit. The acceptance of the offer will n

OverLord2011 [107]

Answer:

Effect on income= $15,000 increase

Explanation:

Giving the following information:

A business received an offer from an exporter for 10,000 units for $13.50 per unit.

Unit manufacturing costs:

Variable 12

Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.

Effect on income= number of units*unitary contribution margin

Effect on income= 10,000*(13.5 - 12)

Effect on income= $15,000 increase

4 0

3 years ago

QUESTION 1 The country Grupindor recently experienced a drastic increase in inflation. This led to the depreciation in the value

yawa3891 [41]

Answer:

Option d (economy of the country) is the appropriate answer.

Explanation:

Along with many other things, the economy of such a given country is regulated by its society, rules, history, as well as geography, and then it develops out of requirement.
This example better shows the operational effects of the country's economy although inflation continues threatening the position due to certain external causes and leading to a decrease in present value.

Some other options offered aren't relevant to the situation described. For the aforementioned to be the right answer.

5 0

3 years ago