Answer:
cost of goods manufactured= $5,000
Explanation:
Giving the following information:
Beginning Finished Goods Inventory= 12,000
Ending Finished Goods Inventory= 8,000
Cost of Goods Sold= $9,000
To calculate the cost of goods manufactured, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
Isolating cost of goods manufactured
cost of goods manufactured= -beginning finished inventory + COGS + ending finished inventory
cost of goods manufactured= -12,000 + 9,000 + 8,000
cost of goods manufactured= $5,000
Answer:
the sales revenue that Head-First must make to earn operating income of $73,120 is $324,000
Explanation:
Hi, first we need to find the units to reach an operating income = $73,120
Price=72
Var Cost= 72*0.62=44.64
Fixed cost= 50,000
With that in mind, let´s formulate the equation
Where:
X= units to sell
everything should look like this
So, Head First has to sell 4,500 units in order to make that $73,120 operating income mark. Therefore, the sales revenue will be 4,500*$72=$324,000
To check the aswer, please relate to the MS excel spreadsheet attached to this answer.
Best of luck.
Answer:
B. It sells books to students.
Explanation:
Students is the only end-consumer in the choice of option.
Answer:
A. a debit to Interest Expense for $ 36, 000
Explanation:
Based on the information given we were told that Flipco has note payable on January 1, 2018, of the amount of $800,000 and on December 31 we were told that the loan requires annual principal payments of the amount of $80,000 in addition with 5% interest. This means that the Journal entry to record the transaction on December 31, 2019 will includes a Debit to interest expense for $36,000 calculated as :
Interest expense= $800,000-$80,000
Interest expense=( $720,000* 5%* 12/12)
Interest expense =$36,000
Therefore the Journal entry to record the annual payment on December 31, 2019 will includes :
A Debit to interest expense for $36,000
The listing associate should present the offer to the seller as a potential backup offer for further negotiation.
<h3>
Who is a seller?</h3>
- A seller is any person or company who sells a product, service, or financial asset.
- Short selling is the practice of borrowing securities that are not held in order to sell them and then repurchase them at a reduced price.
- A "writer" is a seller of options who collects the premium from the buyer.
<h3>What is an offer?</h3>
- In exchange for something else, a commitment to do or refrain from doing something.
- An offer must be worded and delivered in such a way that a reasonable person would expect its acceptance to result in a binding contract.
Therefore, the listing associate should present the offer to the seller as a potential backup offer for further negotiation.
Know more about a seller here:
brainly.com/question/906651
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