Question
Please let know how to calculate for detail, thank you 18,Top of Form The following information is from ABC Company's general ledger: Beginning and ending
Please let know how to calculate for detail, thank you
18,Top of Form
The following information is from ABC Company's general ledger: Beginning and ending inventories, respectively, for raw materials were $16,000 and $20,000 and for work in process were $40,000 and $44,000. Raw material purchases and direct labor costs incurred were $72,000 each, and manufacturing overhead applied amounted to $40,000. Determine the total cost of goods manufactured during the period.
$176,000.
$180,000.
$184,000.?
$220,000.
4, If variable costs are 35% of sales and sales increase by $50,000 this month because of a special promotion, by how much will contribution margin increase?
A,$17,500.0.35X50000
B, $25,500.
C, $32,500.
D, $50,000.
19,A firm's current products have sales of $100,000 and an average contribution margin ratio of 40%. If the firm add a new product with sales of $40,000 and variable costs of $20,000, the firm's new average contribution margin ration will be:
A, 37.8%.
B, 42.9%.
C, 45.0%.
D, 48.7%.
16,If fixed costs were increased by $9,000 and the contribution margin ratio remained at 30 percent, then sales must increase by _________ in order to cover the additional fixed expenses.
A,$27,000detail?
B,$30,000
C,$33,000
D,$54,000
13,Braco has 80,000 shares of $100 par value common stock outstanding, and 20,000 shares in the treasury. The number of additional shares that would be issued in a 5% stock dividend is:
A,1,000
B,2,000
C, 4,00080000x0.5%=4000
D, 5,000
15, An item that cost $120 is to be sold for a price that will yield a gross profit ratio of 20%. The selling price should be:
A, $96
B, $144
C, $150?
D, $600
1, If the P/E ratio of a company's common stock were 12, and its earnings were $2.50 per common share: c11
A, the market value of the common stock would be $20.83 per share.
B, the market value of the common stock would be $25.00 per share.
C, an increase in earnings of $0.20 per share, with no change in the multiple, would result in a market price increase of $2.40 per share.
D, an increase in earnings of $0.20 per share, with no change in the multiple, would result in a market price increase of $1.67 per share.
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