subject
Business, 25.06.2019 15:40 brandistrothma

The following income statements are provided for li company's last two years of operation. data for year 1: number of units produced and sold- 4,500, sales revenue- $69,750, cost of goods sold- 41,700, gross margin- 28,050, general, selling, and administrative expenses- 17,500, net income- $10,550. data for year 2: number of units produced and sold- 4,100, sales revenue- $63,550, cost of goods sold- 38,000, gross margin- $25,550, general, selling, and administrative expenses- 16,300, net income- $9,250. assuming that cost behavior did not change over the two year period, what is the company's annual fixed general, selling, and administrative cost?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:40
Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production
Answers: 3
question
Business, 22.06.2019 20:30
The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.
Answers: 3
question
Business, 22.06.2019 22:00
The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.
Answers: 3
question
Business, 22.06.2019 22:10
What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?
Answers: 1
You know the right answer?
The following income statements are provided for li company's last two years of operation. data for...
Questions
question
English, 31.12.2019 05:31
question
Mathematics, 31.12.2019 05:31