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3 years ago

MARKETING/BUSINESS helpppp

Business

1 answer:

Aleonysh [2.5K]3 years ago

8 0

Answer:

$8,470

Explanation:

Planned sales = 5000 units

selling price = $4

production cost= $1

Overhead = $5000

Social security = 15.3%

Revenue = units sold multiplied by the selling price

Revenue =5000 x 4

=$20,000

COGS =$5000 x 1 =$5000

Taxes =

Revenue :$20,000

Minus COGS: $5000

= Gross income: $15,000

Minus overhead: $5,000

=Net profit: $10,000

Minus taxes: $1,530( 15.3/100 x 10,000)

=NPAT: $8,470 ($10,000 -$1,530)

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10 months ago

Last year there was no change in either the raw materials or the work in process beginning and ending inventories. However, fini

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Answer:

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cost of goods available for sale = cost of goods manufactured during the current period + finished goods inventory at the beginning of the period

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