Business, 21.06.2021 22:40, newben

XYZ Manufacturing reported the following: Revenue $485,000
Beginning inventory of direct materials, January 1, 2015 24,000
Purchases of direct materials 122,000
Ending inventory of direct materials, December 31, 2015 15,000
Direct manufacturing labor 21,000
Indirect manufacturing costs 34,000
Beginning inventory of finished goods, January 1, 2015 38,000
Cost of goods manufactured 186,000
Ending inventory of finished goods, December 31, 2015 33,000 Operating costs 126,000
What is XYZ's gross margin (or gross profit)?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 17:10, DroctorWellsfan

All else being equal, which is true about a firm with high operating leverage relative to a firm with low operating leverage? select one: a. a higher percentage of the high operating leverage firm's costs are fixed. b. the high operating leverage firm is exposed to less risk. c. the debt payments limit the high operating leverage firm's opportunities to turn a big profit. d. the high operating leverage firm has more debt.

Answers: 2

continue

Business, 21.06.2019 20:30, heids17043

The link between volume of production and the cost of building manufacturing operations is particularly important in industries characterized byanswers: process innovations. product manufacturing. product innovation. process manufacturing.

Answers: 1

continue

Business, 21.06.2019 21:00, cooltez100

Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?

Answers: 2

continue

Business, 22.06.2019 08:40, Damagingawsomeness2

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?

Answers: 3

continue

Do you know the correct answer?

XYZ Manufacturing reported the following: Revenue $485,000
Beginning inventory of direct mat...