A manufacturing company has the following financial information (in millions of $):Sales                                  $823Cost of goods soldDirect labor                         85Purchased materials          310Overhead                            94All other costs                   250Pretax earnings                  84a. What is the profit leverage effect of purchasing in this company?b. What is the increase in earnings from an 8 percent savings in purchasing?

Q: The following information is given for Miller Company: Operating Expenses $ 90,000 Sales Returns and…

A: Formula: Net sales = Sales revenue - Sales returns and allowances - Sales discounts. Deduction of…

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A: Gross profit variance is computed by finding the difference between the given gross profits.

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A:

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A: Since we answer only up to three sub-parts, we shall answer the first three. Please resubmit a new…

Q: Acme Factories had net sales of $356,040 and the cost of goods sold was $193,500. Operating expenses…

A: The net profit margin is calculated by dividing net profit by net sales. It shows as to what…

Q: Assume the following information for a merchandising company: $ 473,000 $ 25,000 $ 350,000 $ 50,000…

A: Total Variable cost = $25,000 + $350,000 + $5,000 = $380,000

Q: Hello, I have a question. Shown here is an income statement in the traditional format for a firm…

A: Calculating the value of contribution margin per unit. We have,

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A: Selling price (S) = ₱140 Variable expense (V) = ₱92 Let the fixed cost = F Net after tax profit when…

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A: The question is based on the concept of Accounting Ratios.

Q: Profitability Analysis Kolby Enterprise reports the following information on its income statement:…

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A: 1. Tota Gross Profit Variance = Actual gross profit - Budgeted gross profit  Actual gross profit…

Q: ameson Company provided the following information for the coming year: make income statement…

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A: Lets understand the basics. Contribution margin is a margin generated from sales. Contribution…

Q: Nilk Specialty Products Income Statement For the month ended January 31, 2020 Sales (net) Less costs…

A: The selling and administrative expenses are the expenses that are incurred for the sale of products…

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A:

Q: If a company has net sales of $500,000 and cost of goods sold of $350,000, the gross profit…

A: Gross Profit:   Gross Profit is the difference between the net sales, and the cost of goods sold.…

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A: The profitability of the company can be arrived from the income statement prepared by the management…

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A: SOLUTION  FORMULAS  1- SALES PRICE VARIANCE = (CURRENT YEAR SELLING PRICE - LAST YEAR SELLING…

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Q: Presented below is Oxford Ltd.'s partial income statement for 20x5: Item Amount Sales (39,800 units)…

A: The question is related to Marginal Costing amd details are given.

Q: Vargross Company presented the following data for analysis affecting its gross profit. The company…

A: Answer:- .1 Total Gross Profit Variance = Actual Quantity * ( Actual Gross Profit per unit -…

Q: Flamengo Co is a sporting goods manufacturing. Last year, report the following Income Statement:…

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Q: Output sold = 30,000 units Utilities = $5,000 %3D Materials = $8,000 Economic Depreciation =…

A: normal profit is an accounting profit Economic profit=Revenue-Explicit cost-implicit cost

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A: Total sales = Gh 1000 Type A sales = 60%

Q: Ganga manufacturing company's Management Accountant wants to determine the profit for the company.…

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Q: The following is Cullumber Company’s income statement for the past year. Sales revenue   $336,000…

A: Gross margin % = (Gross margin / Sales) x 100 = (201,600/336,000)*100 = 60%

Q: Develop a profit-and-loss statement for the Westgate division of North Industries. This division…

A:

Q: The Textile Division of Electrotech Corporation reported the following results for a recent year…

A: Formulas: Profit margin = Net income / Sales where, Net income = Sales - Expenses

Q: Kingsbury Manufacturing has net sales revenue of $800,000, cost of goods sold of $343,600, and all…

A: Sales - Cost of goods sold = Gross profit Gross profit - other expeses = Net profit

Q: Refer to the table below which information refers to Triple A Corp. who produced and sold 50,000…

A: solution:- Calculation of contribution margin per unit as follows:- Introduction:- The following…

Q: Use the information below to answer the following question(s). Franscioso Company sells several…

A: Please find the answer to the above question below:

Q: A company has a net profit margin of 5%, an operating profit margin of 10%, and a gross profit…

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Q: The related data of Rolene Company:                                          Net income…

A: Question is based on the concept of Accounting

Q: Whirly Corporation’s most recent income statement is shown below:Total Per UnitSales (10,000 units)…

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Q: During Heaton Company's first two years of operations, It reported absorption costing net operating…

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