Business, 25.11.2019 21:31, ryleerod07
The inventory of royal decking consisted of five products. information about the december 31, 2018 inventory is as follows per unit selling price $ 75 115 95 145 45 product cost $ 55 95 replacement cost $ 50 85 70 85 115 35 selling costs consist of a sales commission equal to 10% of selling price and shipping costs equal to 5% of cost. the normal gross profit percentage is 30% of selling price required what unit value should royal decking use for each of its products when applying the lower of cost or market (lcm) rule to units of ending inventory? (do not round intermediate calculations. round final answers to 2 decimal places.) per unit product cost replacement nrv nrv - nfp marketinventory cost value
Answers: 2
Business, 22.06.2019 20:40, ninjaben
On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e. g. $2.55.) diluted earnings per share
Answers: 3
Business, 22.06.2019 21:50, peno211
Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no
Answers: 1
Business, 23.06.2019 02:10, awesomegrill
Goldman services hired a new clerk to keep custody of and maintain all the equipment in the equipment yard. the clerk has not yet been adequately trained on the maintenance needs of the equipment. which internal control procedure needs strengthening?
Answers: 2
The inventory of royal decking consisted of five products. information about the december 31, 2018 i...
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