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?
Cost per unit = Manufacturing cost / Units manufactured
= $2,500,000 / 50,000
= $50
Gross profit margin = (Selling price - Cost per unit) X Units sold
= ($75 - $50) X 44,000
= $1,100,000
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 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 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
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
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
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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...
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1. Zippy company manufactured 10,000 units in December with a total product cost of $27780 They had zero finished goods inventory at the start of December. In December Zippy sold 7857 units at a unit price of $6.91. Period expenses were $3348. What is the amount of Zippy's gross profit (otherwise know as gross margin).? 2. Andee Company spends $3.38 in variable costs for each product produced. Fixed manufacturing overhead costs are $114006 a year. This year, they produced 10,000...
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