Junko Company manufactures financial calculators and produced 97,000 units during the year. The finished goods inventory was 1,260 units on January 1 and 1,040 units on December 31. The average unit cost is $118, what was the cost of goods manufactured and the cost of goods sold for the year?

Dexter, Incorporated, had a cost of goods sold of $63,382. At the end of the year, the accounts payable balance was $12,889. How long, on average, did it take the company to pay off its suppliers during the year? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16

21 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 123 4. 5678 1. Kalbach Corporation, a manufacturing company, has provided the following financial data for November. The company had no beginning or ending inventories. The contribution margin for November was: Sales $440.000 $60.000 Variable production expense. Variable selling expense Variable administrative expense . Fixed production expense . Fixed selling expense Fixed administrative expense... $21.000 $49,000 $95.000 $86.000 $93.000 a. $36,000 b. $285,000 c. $166,000 d. $310,000 I 000

SuperStar company operates 50 weeks per year, and its cost of goods sold last year was $2,000,000. The firm carries four items in inventory: two raw materials, two work-in-process items. The following table shows last year's average inventory levels for these items, along with their unit values. Part Number RM₁ RM₂ WIP₁ WIP₂ 7.175 4.175 6.175 Average 5.175 Inventory (units) Value ($/unit) 15,000 10,000 5,000 6,000 How many weeks of supply does the firm have? 3.00 5.00 8.00 12.00

According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 3.8 percent between January and December 2018. Let's see whether these changes are reflected in the income statement of Gonzalez Industries for the year ended December 31, 2018. Sales Revenue Cost of Goods Sold Gross Profit Selling, General, and Administrative Expenses Interest Expense Income before Income Tax Expense Income Tax Expense Net Income Required 1 Required: 1. Compute the gross profit percentage for each year. Assuming the change from 2017 to 2018 is the beginning of a sustained trend, is Gonzalez likely to earn more or less gross profit from each dollar of sales in 2019? 2. Compute the net profit margin for each year. Did Gonzalez do a better or worse job of controlling operating expenses in 2018 relative to 2017? Required 2 2018 $ 105,000 62,500 42,500 36,500 3. Gonzalez reported average net fixed assets of $54,700 in 2018 and $45,600 in…

Revenue and expense data for the current calendar year for Tannenhill Company and for the electronics industry are as follows. Tannenhill’s data are expressed in dollars. The electronics industry averages are expressed in percentages.   TannenhillCompany   ElectronicsIndustryAverage Sales $800,000     100 % Cost of goods sold 512,000     70   Gross profit $288,000     30 % Selling expenses $176,000     17 % Administrative expenses 64,000     7   Total operating expenses $240,000     24 % Operating income $48,000     6 % Other revenue 16,000     2     $64,000     8 % Other expense 8,000     1   Income before income tax $56,000     7 % Income tax expense 24,000     5   Net income $32,000     2 % a.  Prepare a common-sized income statement comparing the results of operations for Tannenhill Company with the industry average. If required, round percentages to one decimal place. Enter all amounts as positive numbers.

In the month of July, a convenience store had total sales of $118,000 from its gas pumps and other in-store products. If HST is 17% of sales, how much HST was collected on the in-store products if these sales represent 31% of total sales? (Round your answer to 2 decimal places.) HST collected on in-store products