Question
Empresa Animaciones SA has the following information: Raw material purchase expenses $ 3,500, Raw material purchases $ 10,000, discounts on raw material purchases $ 1,000,
Empresa Animaciones SA has the following information: Raw material purchase expenses $ 3,500, Raw material purchases $ 10,000, discounts on raw material purchases $ 1,000, sales $ 120,000, labor $ 8,000, Initial inventories of raw materials $ 60,000, Initial inventories, production in process $ 8,000, Initial inventories of finished product $ 15,000, discount on Sales $ 2,000, Administration expenses $ 3,000, Indirect production expenses $ 7,500 financial expenses $ 6,000, other products $ 1,500, Final inventories of raw material $ 13,500, Final inventory of production in process $ 9,500, Final inventories of finished product $ 13,000, selling expenses $ 4,000
Determine:
A) Prime Cost
B) Profit before taxes
C) Gross Profit
D) Utility of Operation
E) Total of raw material used
F) Cost of finished production
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