Answer:
Dr Work in Process Inventory for $6,000
Cr Manufacturing $6,000
Explanation:
Preparation of The journal entry under perpetual inventory procedure
Based on the information given if the Manufacturing overhead was applied to production at 60% of the direct labor cost of the amount of $10,000 which means that The journal entry under perpetual inventory procedure is :
Dr. Work in Process Inventory for $6,000
Cr Manufacturing $6,000
(60%*$10,000)
Answer:
grace period = 2
credit report= 4
secured card = 3
annual percentage rate = 1
Answer:
The operating income will be:
Total contribution($2.50 x 29,000) = 72,500
Less: Fixed cost = 31,200
Operating income = 41,300
Explanation:
The contribution per unit is $2.50. This per unit contribution will be multiplied by the number of units produced and sold in order to obtain total contribution. Operating income is the excess of total contribution over fixed cost.
You get to look at the progress of your business
Return of Asset is the Net Profit over the total investment multiplied by 100. It is the ratio of a profit or loss made in a fiscal year. It refers to the proceeds obtained from the sale of investment. Rushing return of assets using the stated formula is only 8.33% .
