Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
Gross profit = Sales - Cost of goods sold
= (440 x 90 + 220 x 80 + 264 x 50) - (440 x 56.7 + 220 x 50.4 + 264 x 31.5)
= (39,600 + 17,600 + 13,200) - (24,948 + 11,088 + 8,316)
= 70,400 - 44,352
= $26,048
Ending inventory schedule attached in the excel archive
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The answer is A. non-operating expense
Explanation:
As he operates a retail shop, such advertising is vital to attract customers to the shops and to make potential sales. We can't treat this expenses as administration or production expenses.
We consider this as non operational because advertising is not an operational part of the operations of a retail business. Moreover, we can't consider it as selling expenses because they are mostly incurred during the sales process.
Answer:
Option B What businesses a firm should be in and how the corporate office should manage its group of businesses
Explanation:
The reason is that corporate level strategy helps in managing the all of the business units of the company which means that the strategy is to maximize the gains arising by increasing the effectiveness and efficiency of the business operations of the business units. So the question certainly would include the decision of whether or not we should close a business unit or that we should continue with it. It would also question whether the group business is well managed or there are any other better alternatives as well.
Answer:
machine enter the accounting at <em> 138,210 dollars</em>
Explanation:
cost: 128,000 x ( 1 - 3%) = 124,610
shipping cost: 2,800
installation cost: <u> 10,800 </u>
total incurred cost
to leave the machine
ready for use: <em> 138,210</em>
<em />
<em>The damge are expenses for the period as they arent a necessary cost to utilize the machine.</em>
<em>The company used the discount price over the list price as this is the atual cost incurred</em>
Answer:
I think you mean Patrick Jørgensen
Explanation:
He is a musical artist and if you don't mean Patrick Jørgensen I'm sorry
