To solve for the cost of goods sold (COGS):
COGS = Net sales - gross profit
COGS = $812,000 - $355,000
COGS = $457,000
The cost of doors sold is the costs that are used for production of the goods the company sells. It includes materials used for creating the product and labor.
Answer:
$210,000.
Explanation:
Given:
Cost of goods sold = $420,000
Sales revenue = $800,000
Operating expenses = $170,000
Question asked:
What amount will the company report for operating income ?
Solution:
As we know, Operating Income = Gross Profit- Operating Expenses
First of all we will find gross profit,
Gross Profit = Net Sales – Cost of goods sold
= $800,000 - $420,000
= $380,000
Now, Operating Income = Gross Profit- Operating Expenses
= $380,000 - $170,000
= $210,000
Therefore, consider the following year-end information for a company, its Operating Income is $210,000.
Answer:
The options are given below:
A) competitively exclude other predators.
B) prey on the community's dominant species.
C) allow immigration of other predators.
D) reduce the number of disruptions in the community.
E) prey only on the least abundant species in the community.
the correct option is B
Explanation:
Keystone species refers to a predator which prevents a particular herbivorous species from wiping out the dominant plant species. If the number of prey are low, the keystone predators can be less abundant and still be effective. Keystone species have a disproportionately large effect on its environment relative to its abundance.
Therefore, by preying on a community's dominant species, keystone predators help to maintain the species diversity in the community, because they ensure that the dominant predators do not totally wipe out the various organisms present in the ecosystem.
Answer:
The answer is True.
Explanation:
From the description, it seems that World Extraction Corp is behaving in a socially responsible way – even though its stakeholders might not have the same view. Though in the long run, a company which behaves in socially responsible manner might accumulate enough goodwill from the society around it to be perceived with a good reputation, stakeholders who do not fit the company’s vision might end up being detrimental to the company’s business.
Answer:
3,500 units
6,000 units
Explanation:
Given:
Sales Price = $15 per unit
Variable cost = $3 per unit
Fixed cost = $42,000 per month
A. Break even point
Break even point(in units) = Total fixed cost / (Sales Price - Variable cost)
= $42,000 / ($15 - $3)
= $42,000/ $12
= 3,500 units
B. Number of sales unit
Sales unit for desired profit = (Total fixed cost + Desired profit)/ (Sales Price - Variable cost)
= ($42,000 + $30,000) / ($15 -$3)
= $72,000 / $12
= 6,000 units
