Business, 16.07.2019 04:20 jobucks9976
Use the following information to calculate the sales price of a boat under both gaap and for internal decision purposes: number of boats to be sold 500 upstream costs $ 5,000,000 direct materials per boat $ 50,000 direct labor per boat $ 30,000 overhead per boat $ 20,000 downstream costs $ 2,000,000 (1). assume the company wants to sell each boat for 20% more than the cost to produce the boat. which of the following would be the sales price under gaap and for internal decision purposes? gaap internal decisiona) $ 120,000 $ 136,800 b) $ 136,800 $ 136,800 c) $ 120,000 $ 114,000 d) $ 136,800 $ 114,000 (2) use the above information to determine net income in the financial statements under gaap: assume the company wants to sell each boat for 20% more than the cost to produce the boat. multiple choicea. $10,000,000b. $3,000,000c. $7,000,000d. $5,000,000
Answers: 3
Business, 22.06.2019 02:30, maxicanofb0011
Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?
Answers: 1
Business, 22.06.2019 10:30, salvadorjr1226p4zkp3
On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?
Answers: 2
Business, 22.06.2019 11:20, leshayellis1591
Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:
Answers: 1
Use the following information to calculate the sales price of a boat under both gaap and for interna...
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