FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help me AutoSave ( or Fal Singh Vonen EV File Home Inset Design, Layout Referen Mailing Review View Help 1000 Prepare an income stent

please help me

image text in transcribed
AutoSave ( or Fal Singh Vonen EV File Home Inset Design, Layout Referen Mailing Review View Help 1000 Prepare an income stent for Ashley for the year ending 2018 Calculate COGM. They still have some inventory left worth of 12000, The inventory leftover from last year is 66000. Total Revenue for the year 2018 is 550000. Operating expenses are 65600. The cost of the materials involved in manufacturing is 66000 and the labour involved in manufacturing the furniture was 90000. Depreciation expense is 25000 and other costs (indirect) are 60000. $ 2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Financial & Managerial Accounting The Financial Chapters

Horngrens Financial & Managerial Accounting The Financial Chapters

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura

4th Edition

0133255573, 978-0133255577

More Books

Students also viewed these Accounting questions

Question

★★★★★
What do the arrows in Fig. 10.1 represent?

Answered: 1 week ago

Question

★★★★★
Fill in the blanks with an appropriate word, phrase, or symbol(s). The principal that you would have to invest now to have a certain amount of money in the future is called the _________ value.

Answered: 1 week ago

Question

★★★★★
3. Keep a list of suggestions.

Answered: 1 week ago

Question

★★★★★
Assume Magnificent Modems, Inc. (MMI) is a division of Gilmore Business Products (GBP). GBP uses ROI as the primary measure of managerial performance. GBP has a desired return on investment (ROI) of...

Answered: 1 week ago

Question

★★★★★
What characteristic describes a DoS attack?a ) tthe use of stolen credentials to access private datab ) ta network device that filters access and traffic coming into a networkc ) tsoftware that is...

Answered: 1 week ago

Question

★★★★★
QUESTION 7 For a distribution with a standard deviation of 20, find z-scores that correspond to a) One-half of a standard deviation below the mean b) 5 points above the mean c) Three standard...

Answered: 1 week ago

Question

★★★★★
Justify whether the following limit exists. The notation (x, y)(xo, yo)+ indicates that approaches the 20 from the positive side of x0 , and that y approaches to from the positive sied of ...

Answered: 1 week ago

Question

★★★★★
Select all that apply Which of the following are true of monitoring process outcomes? Multiple select question. Process outcomes fluctuations caused by something systematic in the process are...

Answered: 1 week ago

Question

★★★★★
On January 1, 2022, Pastel Inc. (Pastel) purchased 97,500 voting shares of Sunny Corporation (Sunny) for $253,500. Sunny has 150,000 outstanding voting. On that date, Sunny's common shares and...

Answered: 1 week ago

Question

★★★★★
The Plastics Division of Minock Manufacturing currently earns $2.86 million and has divisional assets of $26 million. The division manager is considering the acquisition of a new asset that will add...

Answered: 1 week ago

Question

★★★★★
Lauderdale Corporation is organized in three geographical divisions (regions) with managers responsible for revenues, costs, and assets in their respective regions. The firm is highly decentralized...

Answered: 1 week ago

Question

★★★★★
8. Now spend two to three hours walking around listening to what people are saying. Place yourself in a place where you can hear what people are saying clearly and distinctly, for example in a cafe,...

Answered: 1 week ago

Question

★★★★★
5. Think through your own way of representing the world. What is your main pattern: Visually, verbally, emotions, smells, tastes?

Answered: 1 week ago

Question

★★★★★
1. Think of a situation in the workplace where you meet a person for the first time, which you know you will have a lot to do with in the future. a. Name three things about yourself that you will try...

Answered: 1 week ago

Previous Question Next Question