profit wheu. ,corriage. is Ŕ 575 wfll be. carsiage inuoards Outward and rent received Others expeses to 3600
Q: windaer Lomparry buyan speratiuma un Jeruary 1, 2018. and uaa the everupe-coat muthud of pris ng…
A: Under average cost method, Inventory is valued at average cost. Under FIFO method, inventory is…
Q: A Trading has a total sales of P 98,800; sales return is P 5,400; cost of good sold is P 8,490;…
A: Net sales = Total sales - sales return = P98,800 - P5,400 = P93,400
Q: Suppose have The Following infrmaion you Cost Per unit units To tar Beguing invenbery 200 1o…
A:
Q: Sales Vaiable expen.se $93 000 while Kixled expense ses leman Same el Finds, NeT a FO0 lunits…
A: Cost Volume Profit analysis refers to how the change in volume and costs affect a company's net…
Q: Revenue (with VAT) - 300 Costs of sales 270 Selling costs - 20 Profit from sales (profit +, losses…
A: Answer - Calculation of Profit/ Loss - Particular Amount Revenue with VAT 300 Less :…
Q: Whencash 5000, net sales 185000, general utilities OR 2100, Rent expense OR 190, cash OR 2750,…
A: Net profit: It is the residual amount that is left over with the company after paying all of its…
Q: If the sales are 105000 $ and cost of goods sold is 45000 $. Current/noncurrent rate method is used.…
A: Income statement is a financial statement which shows income and expenses of the business. All…
Q: If the total sale is P125,750.00, the cost of sales is 42.25% of the total sales, and the operating…
A: Total sales = P125,750.00 Cost of sales = 42.25% Operating expenses = P15,429.30
Q: Net Sales Cost of Goods Sold Gross Profit Operating Expenses Company a courtertop instaler S764,500…
A: Return on invetsment = Net profit / Owner*s equity
Q: If the net sales 1250 000 ID selling expenses 250 000 ID., Administrative expenses 250 000 ID., the…
A: Introduction: Gross profit: Deduction of cost of goods sold from the sales value drives the Gross…
Q: - Asociation hops 3% govenment Securibies amounting to Z40,0001 Folloncing are are paymenks afc of…
A: As given that we are calculated the both income & expenditure and balance sheets for the year…
Q: dividual sales. The balance e matters and that all purch es to BB, WW and FF are to es are to be…
A: Given: To calculate the amount that received in the time of cash settlement as,
Q: Sales is $ 500000 Sales returns and allowance $ 25000 Cost of zoods sold 250000 Doternine the Not…
A: Formula: Net sales = Sales - Sales returns and allowances deduction of sales returns and allowances…
Q: Common-size and trend percents for Roxi Company’s sales, cost of goods sold, and expenses follow.…
A: A common size income statement is an income statement in which each line item is expressed as a…
Q: Gahen Coporon ha 000 cato of orarg thteere haved ata prce of S4SO The inoeme cont of $00 The orarge…
A: Incremental gain = $49,850 - $33,520 = $16,330 Incremental cost = $12,775
Q: es erest income, net of final st of sales
A: Working: Allowable deductions from Gross income: →Salary expense →Interest expense →Rent expense…
Q: What is the micro-stop store's gross profit, if the total sales is P125,750.00 and the cost of sales…
A: Total sales = P125,750.00 Cost of sales ratio = 42.25%
Q: 2. Food shd was tudtd a: sL00 and 10,000 si r he were buspe. f:e fxed cechea: vol.re varince Ms…
A: Given information is: Budgeted fixed overheads = $84,000 Fixed overhead volume variance = $3200…
Q: A compeny's net sales were S676,600, its cost of goods sold was $236,810 and its net income was…
A: Gross margin in the business is sales revenue which is over and above it's, cost of goods sold.…
Q: ACCOUNT Revenue Cost of Good Sold 300,000 Wage Expense Rent Expense Supplies Expense 20,000 AMOUNT…
A: The income statement is one of a company’s core financial statements that are prepared to find out…
Q: Furchases $250,000 Cost of goods sold 250,000 Eeginning balance 30,000 Ending balance ?
A: Cost of goods sold = Beginning inventory + Purchases - Ending inventory Ending inventory = Beginning…
Q: and sebs t cost or nét rea 1 profit of 30% npiled at year-e Estimated elling price 800 950 300 1,000…
A: Net Realizable Value is the amount of money that is receivable by sale of the item. The cost of the…
Q: Calculate gross profit from the following? Sales OMR 25000, Cost of goods sold OMR 15000 and Return…
A: Given Sales = 25000 Cost of goods sold = 15000 return inward =5000
Q: HP 5 of goods sold s profit rating expenses rating income er income/charges mnterest expense…
A: Cash flow from operating activities is generally calculated based on the net income and non cash…
Q: IF the profit are 50% of operating cost, it is ……………. of invoice price a. 20% b. 25% c. 16.66667% d.…
A: Invoice price is calculated as operating cost plus profit markup.
Q: If the net profit 56 460 ID ,other revenue and gains 4 360 ID ,selling expenses 73 900 ID , net…
A: Gross Profit of the business is the difference between sales revenue and cost of goods sold. Net…
Q: 2/trom the following tralasaction, prepar income Statemant sales reven ue tiaished Goods 5000 Net…
A: Preparation of income statement are as follows
Q: Calculate the cost of sales given the following: Net Sales - RM36,400, Gross Profit - RM12,600, Net…
A: Gross profit = Net Sales - Cost of sales Cost of sales = Net Sales - Gross profit
Q: If the net sales 1250 000 ID ., selling expenses 250 000 ID., Administrative expenses 250 000 ID.,…
A: Solution:- Calculation of Gross profit as follows under:-
Q: Ne In Net Acc Francis Co 720,000 a and owne
A: Meaning of Gross Profit Ratio: It measures the percentage of each sale remaining after payment for…
Q: If the amount of net sales is RM23,000, net purchase is RM10,000 and t cost of sales is RM2,450,…
A: Gross profit is calculated as excess of sales revenue over cost of sales.
Q: Goods of the Invoice value R240 000 sent out to consignee at 20% profit on cost. If all goods were…
A: Cost if goods = Invoice value /(1+ markup) = 240000/(1+0.2) = R200,000
Q: expenses are 60% of sales. Given this information, the actual profit is: O a. 55,000 O b. None of…
A: The profit/volume ratio is computed by dividing the contribution by the sales and multiplying the…
Q: Ranto In een pto on ytof heet yerwth200 lan Fty p e e ee o phand larly 20% of puh Febury wing date…
A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…
Q: Product W4 $16,000 $5,920 lle expenses xpenses for the entire company were $42,760.
A: Overall Break even point = total fixed cost/ weighted contribution Margin Overall Break even point…
Q: If the net profit 56 460 ID, other revenue and gains 4 360 ID, selling expenses 73 900 ID net…
A: Gross profit addresses the pay or benefits staying after the creation costs have been deducted from…
Q: Sarah purchases a set of furniture for RM3956.52 and sells it at X ringgit. If the operating…
A: Lets Assume Sales Price is RM X. Profit Margin is 35% on sales, hence it will be 0.35X We know that…
Q: If the gross profit 196 000 ID, other revenue and gains 4 360 ID , operating expenses 143.900 ID,…
A: Given that, Gross profit = 196000 ID The gross profit is determined with the net sales plus the…
Q: If the sales revenue 830 000 ID , - 10 sales returns 12 000 ID , sales allowance and discount 28 000…
A: The term net sales refers to the total sale revenue generated by the company after deducting the…
Q: Following s the infornaation ueloting doa Conteiact. Cont siact pake. Raw moterials wages amount $…
A: Contract account :- Contract account is opened for each contract, this account includes all the…
Q: yment of $500 from them. How wou ble control account? R total would be decreased by $300. R total…
A: Control account is a general ledger account for which subsidiary ledgers are maintained. Accounts…
Q: from the foll ow ing traasaction, prepar income Statement- Sales reven ue finished Goeds 5000 f Net…
A: Financial Statement: Every organization has to prepare its financial statements at regular intervals…
Q: ck's profit. EUR/USD EUR/GBF
A: A currency arbitrage is a forex technique in which a currency trader makes transactions to take…
Q: 2018 2017 912,000 Dtal relenue expenses. osts of goods sad ellinglgineial expenus a3a,000…
A: Formula: Amount Increase or decrease = 2018 Amount - 2017 Amount
Q: If the gross profit 196 000 ID , other revenue and gains 4 360 ID , operating expenses 143.900 ID ,…
A: Net profit refers to the net value of income earned by a entity or an individual in a given period…
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