Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Kergunyah Kraftworks have provided the following information on the months production Production (units) 5000 Direct materials $17000 Direct Labour $10000 Overhead $9000 Sales commission per
Kergunyah Kraftworks have provided the following information on the months production
Production (units) 5000
Direct materials $17000
Direct Labour $10000
Overhead $9000
Sales commission per unit sold $3
Sales price per unit $43
Fixed selling and administration expense $18000
Opening finished goods inventory (700 units) $4000
CLosing finished goods inventory (300 units) $1000
What is the monthly gross profit for Kergunyah Kraftworks to the nearest $ value
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started