Please explain/show calculations
Homework Answers
Manufacturing cost per unit = 3,420,000/57,000
= 60
So, cost of goods sold = 60*45,000 = 2,700,000
Sales = 95*45,000 = 4,275,000
Gross profit = Sales - Cost of Goods Sold
= 4,275,000 - 2,700,000
= 1,575,000
Option C
Add Answer to:
Please explain/show calculations
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory...
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,610,000 58,000 45,000...
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,610,000 58,000 45,000 units sold for $95 per unit 0 units What is the amount of gross profit margin? O A. $4,275,000 O B. $2,250,000 O C. $6,300,000 OD. $2,900,000
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,655,000 59,000 43,000...
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,655,000 59,000 43,000 units sold for $80 per unit 0 units What is the amount of gross profit margin? A. $3,440,000 O B. $5,375,000 OC. $2,065,000 OD. $1,505,000
Pederson Company reported the following: Manufacturing costs $2,500,000 Units manufactured 50,000 Units sold 44,000 units sold...
Pederson Company reported the following: Manufacturing costs $2,500,000 Units manufactured 50,000 Units sold 44,000 units sold for $75 per unit Beginning inventory 0 units What is the amount of gross profit margin?
Question 19 Pederson Company reported the following: Manufacturing costs $3,060,000 Units manufactured 51,000 Units sold 46,000...
Question 19 Pederson Company reported the following: Manufacturing costs $3,060,000 Units manufactured 51,000 Units sold 46,000 units sold for $100 per unit Beginning inventory O units What is the amount of gross profit margin? $1,840,000 $7,360,000 $4,600,000 $2,040,000 A Moving to the next question prevents changes to this answer.
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $150,000 5000 4700...
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $150,000 5000 4700 units sold for $90 per unit 100 units What is the average manufacturing cost per unit? $29.41 $30.00 $30.61 $31.91
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $135,000 15,000 12,000...
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $135,000 15,000 12,000 units sold for $20 per unit 3500 units What is the manufacturing cost for the ending finished goods inventory? $27,000 $58,500 $31,500 $130,000
QUESTION 21 THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 20 THROUGH 22. Pederson Company reported the following:...
QUESTION 21 THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 20 THROUGH 22. Pederson Company reported the following: Manufacturing costs $2,000,000 Units manufactured 50,000 Units sold 47,000 units sold for $75 per una Beginning inventory O units ? What is the average manufacturing cost per unit? 1. $40.00 2. $42.55 3. $00.025 4.$75.00 QUESTION 22 What is the amount of ending finished goods inventory? 1.$1,880,000 2. $120,000 3. $225,000 4. $105,000 QUESTION 23 What is the amount of gross profit? 1. $1,750,000...
Sydney's Barbecue reported the following information: Sydney's Barbecue Period Ending December 31, 20xX Manufacturing costs Units...
Sydney's Barbecue reported the following information: Sydney's Barbecue Period Ending December 31, 20xX Manufacturing costs Units manufactured Beginning inventory Note: 45,400 units sold during year at $270 per unit 4,200,000 60,000 What is the amount of ending finished goods inventory for the period ending December 31, 20XX? O A. $1,032,000 O B. $1,022,000 O C. $1,002,000 O D. $1,042,000 OE. $1,012,000
57. During the year, a manufacturing company had the following operating Beginning work-in-process inventory Beginning finished...
57. During the year, a manufacturing company had the following operating Beginning work-in-process inventory Beginning finished goods inventory Direct materials used in production Direct labor Manufacturing overhead incurred Ending work-in-process inventory Ending finished goods inventory S 45,000 $190,000 $308,000 $475,000 $250,000 $ 67,000 $ 89,000 results: Xist o h oear? A. $1,011,000 B. $1,134,000 C. $1,033,000 D. $1,112,000 58. During April, the CJG Manufacturing Company had the following operating Sales revenue Gross margin Ending work-in-process inventory Beginning work-in-process inventory Ending...
Units in beginning inventory Units produced Units sold 2,000 units 13,000 units 12,000 units Costs per...
Units in beginning inventory Units produced Units sold 2,000 units 13,000 units 12,000 units Costs per unit: Direct materials Direct labor Variable overhead Variable selling Fixed overhead $7 $6 $2 $3 $5 What is the total cost (value) of ending inventory under variable costing? $45,000 $60,000 $15,000 O $54,000
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,610,000 58,000 45,000 units sold for $95 per unit 0 units What is the amount of gross profit margin? O A. $4,275,000 O B. $2,250,000 O C. $6,300,000 OD. $2,900,000
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,655,000 59,000 43,000 units sold for $80 per unit 0 units What is the amount of gross profit margin? A. $3,440,000 O B. $5,375,000 OC. $2,065,000 OD. $1,505,000
Question 19 Pederson Company reported the following: Manufacturing costs $3,060,000 Units manufactured 51,000 Units sold 46,000 units sold for $100 per unit Beginning inventory O units What is the amount of gross profit margin? $1,840,000 $7,360,000 $4,600,000 $2,040,000 A Moving to the next question prevents changes to this answer.
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $150,000 5000 4700 units sold for $90 per unit 100 units What is the average manufacturing cost per unit? $29.41 $30.00 $30.61 $31.91
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $135,000 15,000 12,000 units sold for $20 per unit 3500 units What is the manufacturing cost for the ending finished goods inventory? $27,000 $58,500 $31,500 $130,000
QUESTION 21 THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 20 THROUGH 22. Pederson Company reported the following: Manufacturing costs $2,000,000 Units manufactured 50,000 Units sold 47,000 units sold for $75 per una Beginning inventory O units ? What is the average manufacturing cost per unit? 1. $40.00 2. $42.55 3. $00.025 4.$75.00 QUESTION 22 What is the amount of ending finished goods inventory? 1.$1,880,000 2. $120,000 3. $225,000 4. $105,000 QUESTION 23 What is the amount of gross profit? 1. $1,750,000...
Sydney's Barbecue reported the following information: Sydney's Barbecue Period Ending December 31, 20xX Manufacturing costs Units manufactured Beginning inventory Note: 45,400 units sold during year at $270 per unit 4,200,000 60,000 What is the amount of ending finished goods inventory for the period ending December 31, 20XX? O A. $1,032,000 O B. $1,022,000 O C. $1,002,000 O D. $1,042,000 OE. $1,012,000
57. During the year, a manufacturing company had the following operating Beginning work-in-process inventory Beginning finished goods inventory Direct materials used in production Direct labor Manufacturing overhead incurred Ending work-in-process inventory Ending finished goods inventory S 45,000 $190,000 $308,000 $475,000 $250,000 $ 67,000 $ 89,000 results: Xist o h oear? A. $1,011,000 B. $1,134,000 C. $1,033,000 D. $1,112,000 58. During April, the CJG Manufacturing Company had the following operating Sales revenue Gross margin Ending work-in-process inventory Beginning work-in-process inventory Ending...
Units in beginning inventory Units produced Units sold 2,000 units 13,000 units 12,000 units Costs per unit: Direct materials Direct labor Variable overhead Variable selling Fixed overhead $7 $6 $2 $3 $5 What is the total cost (value) of ending inventory under variable costing? $45,000 $60,000 $15,000 O $54,000
Most questions answered within 3 hours.
-
Please help me with FLOWCHART and UML diagram for class,
thank you!
#include <iostream>
#include <fstream>...
asked 5 minutes ago -
3. Describe the “logic circuit” of the Lac operon. Which
proteins are bound or not to...
asked 6 minutes ago -
Ayesha’s adjusted gross income is $60,000 in 2019. She donated a
piece of artwork with a...
asked 13 minutes ago -
For Dijkstra’s shortest path algorithm:
a. Give the Big-O time for Dijkstra’s shortest path algorithm
and...
asked 25 minutes ago -
Phosphorus violates the 'octet rule' in biological molecules,
forming more covalent bonds than expected based on...
asked 28 minutes ago -
A 1.3 eV electron has a 10-4 probability of tunneling
through a 2.4 eV potential barrier....
asked 47 minutes ago -
What is the one ingredient that is common to being successful
with all stakeholders?
profit
trust...
asked 45 minutes ago -
Write an assembly language 32 bit program that reads in lines of
text by a .txt...
asked 48 minutes ago -
what is the density ( in g/L) of hydrogen gas at 29 degrees C and a...
asked 57 minutes ago -
5-6. You are considering three investment alternatives for some
spare cash: Old Reliable Corporation stock (A1),...
asked 48 minutes ago -
Problem 16-02
Receivables Investment
Medwig Corporation has a DSO of 45 days. The company averages
$7,250...
asked 1 hour ago -
Mr. Brown hired Lowe's Maintenance Services Limited to repair
and paint the exterior wall of his...
asked 1 hour ago