Assume that the cost of goods sold was $70,000. If Econo Company sold 10,000 units during July and the gross margin totaled $30,000, what was the sales price per unit? a. $10.11 b. $9.94 c. $10 d. $10.09

ACCOUNT

Assume a  company sold 28,000 units last year and ncrease the sales commission by $2 per unit. What does this mean

PA1. 10.1 When prices are rising (inflation), which costing method would produce thehighestvalue for gross margin? Choose between first-in, first-out (FIFO); last-in, first-out (LIFO); and weighted average (AVG). Evansville Company had the following transactions for the month. Number of Units Cost per Unit $6,000 7,000 7,500 Purchase 2 Purchase 3 Purchase 4 Calculate the gross margin for each of the following cost allocation methods, assuming A62 sold just one unit of these goods for $10,000. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)

What is the VC of Sales?

Gross profit?

What is the amount of sales?

What was gross profit percentage?

What is the gross profit on these general accounting question?

Data concerning Strite Corporation's single product appear below: Selling price per unit Variable expense per unit Fixed expense per month Assume the company's target profit is $8,000. The dollar sales to attain that target profit is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1,532,857 $429,200 $596,111 $ 150.00 $ 42.00 $ 421,200 $852,723