subject
Business, 17.07.2019 00:20 zay65307

Evergreen corporation manufactures circuit boards and is in the process of preparing next year's budget. the pro forma income statement for the current year is presented below. sales $ 3,500,000 cost of sales: direct material $ 500,000 direct labor 250,000 variable overhead 275,000 fixed overhead 600,000 1,625,000 gross profit $ 1,875,000 selling and general & admin. exp. variable 750,000 fixed 250,000 1,000,000 operating income $ 875,000 for the coming year, the management of evergreen corporation anticipates a 5 percent decrease in sales, a 10 percent increase in all variable costs, and a $45,000 increase in fixed costs. the operating profit for next year would be:

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:40
Select the word from the list that best fits the definition sometimes
Answers: 2
question
Business, 22.06.2019 13:40
Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?
Answers: 2
question
Business, 22.06.2019 14:00
Which of the following would be an accurate statement about achieving a balanced budget
Answers: 1
question
Business, 22.06.2019 19:40
The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.
Answers: 3
You know the right answer?
Evergreen corporation manufactures circuit boards and is in the process of preparing next year's bud...
Questions
question
Mathematics, 30.08.2019 17:30
question
Mathematics, 30.08.2019 17:30
question
Computers and Technology, 30.08.2019 17:30