Business, 07.05.2020 02:10, naomichristiancn

During 2020, Whispering Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Whispering for a lump sum of $95,760 because it is discontinuing manufacturing operations and wishes to dispose of its entire stock. Three types of chairs are included in the carload. The three types and the estimated selling price for each are listed below. Type No. of Chairs Estimated Selling Price Each Lounge chairs 640$90 Armchairs 48080 Straight chairs 1,12050 During 2020, Whispering sells 320 lounge chairs, 160 armchairs, and 192 straight chairs. What is the amount of gross profit realized during 2020

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:20, abdulalghazouli

Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?

Answers: 2

continue

Business, 21.06.2019 23:30, probablyacommunist

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

Answers: 3

continue

Business, 22.06.2019 10:30, kingyogii

The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.

Answers: 1

continue

Business, 22.06.2019 21:20, marvinsductant6710

White truffles are a very prized and rare edible fungus that grow naturally in the countryside near alba, italy. suppose that it costs $200 per day to search for white truffles. on an average day, the total number of white truffles (t) found in alba is t = 20x − x 2 , where x is the number of people searching for white truffles on that day. white truffles can be sold for $100 each. if there is no regulation, how many more people will be searching for white truffles than the socially optimal number?

Answers: 1

continue

Do you know the correct answer?

During 2020, Whispering Furniture Company purchases a carload of wicker chairs. The manufacturer sel...