Last month, a company had a total revenue of AED 35, 120. If the company had a total loss of AED 4,250, calculate the total cost for last month. AED
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Last month, a company had a total revenue of AED 35, 120. If the company had a total loss of AED 4,250, calculate the total cost for last month. AED
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- Whipple Company has sales revenue of $585,000. Cost of goods sold before adjustment is $335,000. The company uses machine hours to allocate manufacturing overhead and estimated 10,450 machine hours would be used during the year. For the year, manufacturing overhead was under-allocated by $13,400. The company's actual manufacturing overhead is $91,000. What is the actual gross profit? Select one: a. $250,000 b. $159,000 c. $236,600 d. $104,400 e. $263,400Last month Forbes Company had a $35,119 profit on sales of $145,998. Fixed costs are $77,167 a month. What is the contribution margin ratio? Percentage Answer as a whole numberJilk Incorporated's contribution margin ratio is 61% and its fixed monthly expenses are $48,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $139,000? $84,790 $5,710 $36,290 $90,500
- Last month Bryn Company had a $45,057 profit on sales of $296,632. Fixed costs are $72,308 a month. What sales revenue is needed for Bryn to break even? Do not round intermediate calculations.Jilk Inc's contribution margin ratio is 61% and its fixed monthly expenses are $47,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $137,000?Mandalay Corporation produces and sells two products. In the most recent month, Product A had sales of $38,000 and variable expenses of $9,840. Product B had sales of $59,000 and variable expenses of $18,290. The fixed expenses of the entire company were $37,630. The break-even point for the entire company is closest to:
- One of ABC product line has been unprofitable for the past 18 months. The latest monthly income statement for the product line is as follows: Sales revenue 19,000 Less: Cost of sales 8,500 Gross profit 10,500 Operating expenses Depreciation 2,750 Insurance 1,400 Manager salary 1,100 Supplies 1,750 Utilities 1,100 Wages 5,000 Total operating expenses 13,100 Profit or loss (2,600) In relation to the operating expenses, utilities, manager salary and $2,000 of the depreciation expense are allocated to this product line. Required: Assume that the sales of other product lines will not be affected by the decision, evaluate whether the unprofitable product line should be disestablished from a financial standpoint.Joson Incorporated produces and sells two products. Data concerning those products for the most recent month appear below: Product A Product B Sales $ 30,000 $ 35,000 Variable expenses $ 11,800 $ 26,550 The fixed expenses of the entire company were $39,160. The break-even point for the entire company is closest to:Ellerson Company provided the following information for the last calendar year: During the year, direct materials purchases amounted to 278,000, direct labor cost was 189,000, and overhead cost was 523,000. During the year, 100,000 units were completed. Refer to Exercise 2.21. Last calendar year, Ellerson recognized revenue of 1,312,000 and had selling and administrative expenses of 204,600. Required: 1. What is the cost of goods sold for last year? 2. Prepare an income statement for Ellerson for last year.
- During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. What is the sales margin?During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000. A. Based on this information, calculate asset turnover. B. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000, 000. What is the sales margin?
