Selling, general, and administrative expenses were $80,000; net sales were $390,000; interest expense was $16,000; research and development expenses were $34,000; net cash provided by operating activities was $42,000; income tax expense was $10,000; cost of goods sold was $220,000.
1. Gross profit for the period was .
Answers: 2
Business, 21.06.2019 22:30, Renabelle6350
Acompany determined that the budgeted cost of producing a product is $30 per unit. on june 1, there were 80,000 units on hand, the sales department budgeted sales of 300,000 units in june, and the company desires to have 120,000 units on hand on june 30. the budgeted cost of goods sold for june would be
Answers: 1
Business, 22.06.2019 11:00, ilovecatsomuchlolol
Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following monthβs unit sales. the inventory at the end of march was 7,400 units. required: prepare a production budget by month and in total, for the second quarter.
Answers: 3
Business, 22.06.2019 19:00, michael1498
It is estimated that over 100,000 students will apply to the top 30 m. b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m. b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m. b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent
Answers: 3
Selling, general, and administrative expenses were $80,000; net sales were $390,000; interest expens...
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