Business, 11.09.2019 00:30 superkitty003

He alpine house, inc., is a large retailer of snow skis. the company assembled the information shown below for the quarter ended march 31: amount sales $ 1,107,000 selling price per pair of skis $ 410 variable selling expense per pair of skis $ 45 variable administrative expense per pair of skis $ 17 total fixed selling expense $ 155,000 total fixed administrative expense $ 110,000 beginning merchandise inventory $ 70,000 ending merchandise inventory $ 100,000 merchandise purchases $ 280,000 required: 1. prepare a traditional income statement for the quarter ended march 31. 2. prepare a contribution format income statement for the quarter ended march 31. 3. what was the contribution margin per unit?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 19:50, elijahbebeastin

One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card used (visa, mastercard, american express, or discover), and (2) the amount (in dollars) of each purchase. identify the level of each variable measured.

Answers: 1

continue

Business, 22.06.2019 02:00, raylynnreece4939

Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's

Answers: 3

continue

Business, 22.06.2019 07:10, firdausmohammed80

mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.

Answers: 1

continue

Business, 22.06.2019 09:50, winterblanco

phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)

Answers: 3

continue

You know the right answer?

He alpine house, inc., is a large retailer of snow skis. the company assembled the information shown...