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navik [9.2K]
3 years ago
11

Ultimo Co. operates three production departments as profit centers. The following information is available for its most recent y

ear. Department 1's contribution to overhead as a percent of sales is:
Dept. Sales Cost of Goods Sold Direct Expenses Indirect Expenses
1 $ 1,170,000 $ 717,000 $ 160,500 $ 97,000
2 570,000 167,000 57,000 117,000
3 870,000 317,000 167,000 37,000
a. 56.7%
b. 25.0%
c. 34.7%
d. 34.0%
e. 61.6%
Business
1 answer:
gulaghasi [49]3 years ago
3 0

Answer:

hi

Explanation:

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A company earned $7,605 in net income for October. Its net sales for October were $19,500. Its profit margin is:
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Answer: 39%

Explanation:

From the question, we are informed that company earned $7,605 in net income for October and that its net sales for October were $19,500.

To calculate its profit margin, we have to divide the net income by the net sales. This will be:

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What program begins with a thirteen-week reintegration treatment program that attempts to improve offenders' basic socialization
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3 years ago
The managerial accountant at Safety, Inc. prepared a Flexible Budget Performance Report. The managerial accountant noticed a $5,
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The managerial accountant found out that the cost of the units previously sold was higher than the selling price per unit.

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4 years ago
As a new​ controller, reply to this comment by a plant​ manager: "As I see​ it, our accountants may be needed to keep records fo
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