Becky shelton, a teacher at kemp middle school, is in charge of ordering the t-shirts to be sold for the school’s annual fund-raising project. the t-shirts are printed with a special kemp school logo. in some years, the supply of t-shirts has been insufficient to satisfy the number of sales orders. in other years, t-shirts have been left over. excess t-shirts are normally donated to some charitable organization. t-shirts cost the school $5 each and are normally sold for $12 each. ms. shelton has decided to order 700 shirts. requiredif the school receives actual sales orders for 600 shirts, what amount of profit will the school earn? what is the cost of waste due to excess inventory? if the school receives actual sales orders for 800 shirts, what amount of profit will the school earn? what amount of opportunity cost will the school incur?
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 17:10, mikailah0988
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
Answers: 3
Business, 22.06.2019 22:00, tydukes10
"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."
Answers: 1
Business, 23.06.2019 00:20, hdhdhd49jdhd
Barney corporation recognized a $100 million preferred stock balance on 12/31/2019. on january 1, 2020, barney issued $10 million in preferred dividends. on the same date, barney raised an additional $20 million via a new issuance of preferred stock. on december 31, 2020, the market value of the original amount of preferred shares rose $5 million. under us gaap, the 12/31/2020 year ending preferred stock balance is:
Answers: 3
Do you know the correct answer?
Becky shelton, a teacher at kemp middle school, is in charge of ordering the t-shirts to be sold for...
Questions in other subjects:
Mathematics, 05.11.2020 02:30
Mathematics, 05.11.2020 02:30
Mathematics, 05.11.2020 02:30
Mathematics, 05.11.2020 02:30
