<h2>Gross Profit = 500,000 (Sales -COGS)</h2><h2>Net Profit = Gross Profit - Indirect exp- Dep)</h2><h2> = 500,000-55,000 -250,000</h2><h3> = 195,000</h3><h2>Tax = 66,300</h2><h2>Net Profit After TAX = NPBT- Tax</h2><h2> = 195,000- 66,300 = 128,700</h2>
Explanation:
Sale -Cost of goods Sold = Gross Profit
1,250,000-750,000 = 500,000
Net profit = Gross Profit - Indirect Exp - Depreciation)
= 500,000-55,000 -250,000
= 195,000
Tax = 195,000 x 34/100
= 66,300
NPAT = NPBT - tax
195,000-66,300 = 128,700
$1000, as that was there original price that it was sold for. To save money, adding the freight charges in the claim isn’t necessary?
Answer:
Tanaka Systems should buy the switch from outside supplier, because the Unitary Product Cost will be decreased.
Explanation:
The current manufacturing product cost of Tanaka’s switch are made by the sum of Direct Materials ($9,00) + Direct Labor ($2,50) + Variable overhead ($11,00) + Fixed overhead ($14,00), which totals $36,50.
If Tanaka Systems buy the switch from the outside supplier instead of producing it, the costs with Direct Materials, Direct Labor and Variable Overhead will not be necessary anymore because these costs vary according to the production level. In this case, the only cost to remain is Fixed Overhead as none of the fixed costs are avoidable. So, the new unitary product cost will be made by the sum of Switch Cost from supplier ($19,25) + Fixed Overhead ($14,00), which totals $33,50.
I would call A) the bank to find out why the check bounced and B) the place/person that I wrote the check to in the first place with an apology and then C) if they had not already ran the check through a second time I would rush to pick it up and pay the fees.
