subject
Business, 12.02.2021 01:00 chubby087

Assume that a company provided the following income statement: Sales $ 524,000 Cost of goods sold 250,000 Gross margin 274,000 Selling and administrative expenses: Selling expenses $ 140,000 Administrative expense 63,000 203,000 Net operating income $ 71,000 If the income statement above has been adjusted to reflect overapplied overhead of $10,000 and we assume that the company maintains no beginning or ending inventories, then what is its cost of goods manufactured

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 05:50
1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls
Answers: 1
question
Business, 22.06.2019 08:30
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
Answers: 2
question
Business, 22.06.2019 13:30
1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.
Answers: 2
question
Business, 22.06.2019 14:30
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
You know the right answer?
Assume that a company provided the following income statement: Sales $ 524,000 Cost of goods sold 25...
Questions
question
Mathematics, 19.07.2021 15:20
question
Mathematics, 19.07.2021 15:20
question
Computers and Technology, 19.07.2021 15:20