What is the difference between gross margin and manufacturing margin?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Gross margin is the term commonly used in absorption ...View the full answer
Answered By
Pranav Makode
I am a bachelor students studying at professor ram meghe institute of technology and research. I have a great experience of being an expert. I have worked as an expert at helloexperts and solvelancer as a part time job. I have also worked as a doubt solver at ICAD SCHOOL OF LEARNING, which is in Amravati city. I have also worked as an Freelancer.
I have great experience of helping students, as described above. I can help any students in a most simple and understandable way. I will not give you have any chance for complaint. You will be greatfull to accept me as an expert.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Principles of Cost Accounting
ISBN: 978-1305087408
17th edition
Authors: Edward J. Vanderbeck, Maria Mitchell
Question Posted:
Students also viewed these Cost Accounting questions
-
a) A single copy of the Ottawa Citizen cost $0.10 in 1970 and $0.50 in 1990. The average wage in manufacturing was $3.01 per hour in 1970 and $14.19 in 1990. A) By what percentage did the price of a...
-
What is the difference between gross margin and contribution margin .
-
What is the difference between gross margin and operating margin? What do they tell us? Generally speaking, are larger or smaller values better?
-
On July 31, 2014, Amsterdam Company engaged Minsk Tooling Company to construct a special-purpose piece of factory machinery. Construction was begun immediately and was completed on November 1, 2014....
-
A researcher wants to select a sample of 40 students from the four private high schools in Green Bay, Wisconsin, by performing stratified sampling. The enrollments are shown in Table 15. How many...
-
What are independent demand items? What two basic ordering systems are used for these items? What are dependent demand items? What system should be used to order these items?
-
Web-based exercise. Go to the New England Journal of Medicine Web site (http://content.nejm.org) and find the article Initial Treatment of Aggressive Lymphoma with High-Dose Chemotherapy and...
-
Barbara Flynn sells papers at a newspaper stand for $.35. The papers cost her $.25, giving her a $.10 profit on each one she sells. From past experience Barbara knows that: (a) 20% of the time she...
-
Ana Carillo and Associates is a medium-sized company located near a large metropolitan area in the Midwest. The company manufactures cabinets of mahogany, oak, and other fine woods for use in...
-
Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years...
-
What is an opportunity cost? Give an example.
-
Yellowstone Fabricators uses a process cost system and applies actual factory overhead to work in process at the end of the month. The following data came from the records for March: Direct...
-
Yu Amy Xia has developed a specialized airtight vacuum bag to extend the freshness of seafood shipped to restaurants. She has put together the following demand cost data: REGULAR TIME 400 400...
-
Ginger Tyler comes into Johns Medical Center for her routine office visit. Her co-payment is $50.00. She hands the office manager $60.00. The $10.00 change should be taken from which cash management?...
-
Do you believe that the labour laws that are currently in place (i.e., the Ontario Labour Relations Act) are sufficient to guarantee workers have adequate voice and equity in the workplace? Explain...
-
The DSV Partnership decided to liquidate as of June 30, 20X5. Its balance sheet as of this date follows: Assets Cash Accounts Receivable (net) Inventories DSV PARTNERSHIP Balance Sheet At June 30,...
-
Below what IQ does .27 of the population fall if the mean is 100 with a standard deviation of 15? (Don't round off IQ score.)
-
1. Can modern day roles be placed in the paradigm of masters, overseers, drivers, and slaves? If so, describe a parallel to these relationships you could interpret through this type of lens. If not,...
-
What is the purpose of stop-or-go sampling?
-
Discuss the concept of the looking-glass self. how do you think others perceive you? do you think most people perceive you correctly?
-
A manufacturer of smart phones has the following probability distribution for the number of defects per phone: (a) Determine the probability of 2 or more defects. (b) Is a randomly selected phone...
-
What is a budget?
-
What is a continuous budget, and why is it useful?
-
Ethics Required: Accounting organizations, such as the Institute of Management Accountants, encourage ethical conduct. Go to the companion Website at www.cengage.com/ accounting/vanderbeck and click...
-
Your company produces a health magazine. Its sales data for 1 - year subscriptions are as follows: Year of Operation Subscriptions Sold % Expired at Year End 2 0 2 0 $ 3 0 0 , 0 0 0 5 2 0 2 1 $ 6 4 7...
-
Problem 3 - 2 0 ( Static ) Calculate profitability and liquidity measures LO 3 - 3 , 3 - 4 , 3 - 6 Presented here are the comparative balance sheets of Hames Incorporated at December 3 1 , 2 0 2 3...
-
3 Required information [The following information applies to the questions displayed below) John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter. Samantha. In 2020,...
Study smarter with the SolutionInn App