Homework Answers
| Closing Inventory(58,000 units - 45,000 units) | 13000 | units |
| Cost per unit($2,610,000/58,000 units) | $45.00 | |
| Closing inventory cost(13000 units*$45) | $5,85,000.00 | |
| Sales Value(45000 units*$95) | $42,75,000.00 | |
| Add:Closing inventory cost | $5,85,000.00 | |
| Less:Manufacturing Costs | $26,10,000.00 | |
| Gross Profit Margin | $22,50,000.00 | |
| So Option B is answer | ||
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Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,610,000 58,000 45,000...
Please explain/show calculations Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory...
Please explain/show calculations
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $3,420,000 57,000 45,000 units sold for $95 per unit 0 units What is the amount of gross profit margin? O A. $1,995,000 OB. $6,975,000 O C. $1,575,000 O D. $4,275,000
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...
Speedy Motors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing...
Speedy Motors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and May 2017 are as follows: The variable manufacturing costs per unit of Speedy Motors are as follows: E. (Click the icon to view the variable manufacturing costs per unit.) 450 April May Unit data: Beginning inventory 50 Production Sales 475 Variable costs: Manufacturing cost per unit produced $ 9,500 $ 9,500 Operating (marketing) cost per...
Please explain/show calculations
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $3,420,000 57,000 45,000 units sold for $95 per unit 0 units What is the amount of gross profit margin? O A. $1,995,000 OB. $6,975,000 O C. $1,575,000 O D. $4,275,000
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...
Speedy Motors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and May 2017 are as follows: The variable manufacturing costs per unit of Speedy Motors are as follows: E. (Click the icon to view the variable manufacturing costs per unit.) 450 April May Unit data: Beginning inventory 50 Production Sales 475 Variable costs: Manufacturing cost per unit produced $ 9,500 $ 9,500 Operating (marketing) cost per...
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