Homework Answers
You will earn more revenue on every product sold.= BEST ANSWER
Your expenses are lower.= INCORRECT
Your Cost of Goods are lower.= CORRECT BUT INCOMPLETE
Reason- When price rises, revenue increases.
Expenses increases due to increased prices.
Cost of goods reduces.
Add Answer to:
Best Answer Correct but incomplete Incorrect What is the benefit of having a higher price? Best...
Of these 3 answers, one is best answer ，one is incorrect， one is correct but incomplete...
Of these 3 answers, one is best answer ，one is incorrect， one is
correct but incomplete
What are the disadvantages of manufacturing more product than you sell? Reduces Retail Selling Price Spends money that could have been used for other purposes. Increases Cost of Goods Sold (COGS)
terest rate is noints): Select one best correct answer, and mark your answers in the th...
terest rate is noints): Select one best correct answer, and mark your answers in the th e se and of the following refers to the goods and services that are required to A Producer goods B. Consumer goods C. Necessity goods D. Luxury goods Which of the following is considered as real capital? A. Tools B. Machinery C Buildings D. All the above 8. During the making of Barbie Dolls in a factory, the total number of Barbie's changes every...
Please help! Multiple Choice Question 61 Your answer is incorrect. Try again. What is the difference...
Please help!
Multiple Choice Question 61 Your answer is incorrect. Try again. What is the difference between FIFO (first in, first out) and LIFO (last in, first out) accounting? FIFO refers to the practice of firms, when making sales, assuming that the inventory that came in first (at a higher price) is being sold first During a period of rising prices, LIFO implies that a firm is selling the higher cost, newer inventory first, leaving the lower cost, older inventory...
it says not complete BUVU Check my work mode: This shows what is correct or incorrect...
it says not complete
BUVU Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does The following is a partial trial balance for the Green Star Corporation as of December 31, 2021 Debits Credits 1,750, eee 42, eee 62, eee Account Title Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense 810, eee 220,000...
please help me answer part B by 10pm tonight. please make sure the answer is correct...
please help me answer part B by 10pm tonight. please make sure
the answer is correct and answer all parts to b. thank you!!
Hometown Bakery sells three types of doughnuts: glazed, jelly, and cake. The following table shows the sales price and variable costs for each type. The bakery incurs $343,000 a year in fixed expenses. Assume that it sells 4 glazed doughnuts for every 1 jelly doughnut and every 1 cake doughnut. DOUGHNUT TYPE SALES PRICE VARIABLE COST...
Progress You are on question 1 of 14 Choose the BEST answer. What are the three...
Progress You are on question 1 of 14 Choose the BEST answer. What are the three metrics used to measure financial performance described in this section? Cost of goods sold, asset turnover, and general expenses Operating profit margin, asset turnover, and return on assets. Operating profit margin, return on investment, and consumer price index. Progress You are on question 2 of 14 Choose the BEST answer How do we calculate cost of goods sold (COGS)? Beginning inventory+ Purchases - Ending...
Can someone please explain why my answer is incorrect? And what is the correct answer Exercise...
Can someone please explain why my answer is incorrect? And what
is the correct answer
Exercise 9-22 x Your answer is incorrect. Try again. The records of Sage's Boutique report the following data for the month of April. Sales revenue Sales returns Markups Markup cancellations $103,700 2,100 9,600 1,600 8,700 3,000 2,400 Purchases (at cost) Purchases (at sales price) Purchase returns (at cost) Purchase returns (at sales price) Beginning inventory (at cost) Beginning inventory (at sales price) $50,700 95,600 2,100...
am I using the incorrect numbers? & Answer is complete but not entirely correct. Complete this...
am I using the incorrect numbers?
& Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Part A Part B Compute Inventory turnover and days' sales in inventory for the three months ended March 31, 2020. - Inventory Turnover Choose Numerator: Cost of goods sold Inventory Turnover Choose Denominator: Average inventory 20,1725 492 Inventory Turnover Choose Numerator: Ratio Days Sales In Inventory Choose Denominator Cost of goods sold 41 X S...
Check my work mode: This shows what is correct or incorrect for the work you have...
Check my work mode: This shows what is correct or incorrect for the work you have complete Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 32,000 $ 4,740 $ 60,000 $ 88, 900 $ 4,160 Inventories Raw materials Work in...
urrent Attempt in Progress Your answer is incorrect. Bramble Corp.sold goods with a total selling price...
urrent Attempt in Progress Your answer is incorrect. Bramble Corp.sold goods with a total selling price of $801.900 during the year. It purchased goods for $391.400 and had beginning inventory of $71,100. A count of its ending inventory determined that goods on hand was $60,000. What was its cost of goods sold? Cost of goods sold $ e Textbook and Media Attempts: 1 of 10 used Submit Answer Save for Later Attempte: 1 of 20 un Send to Gradebook Type...
Of these 3 answers, one is best answer ，one is incorrect， one is
correct but incomplete
What are the disadvantages of manufacturing more product than you sell? Reduces Retail Selling Price Spends money that could have been used for other purposes. Increases Cost of Goods Sold (COGS)
terest rate is noints): Select one best correct answer, and mark your answers in the th e se and of the following refers to the goods and services that are required to A Producer goods B. Consumer goods C. Necessity goods D. Luxury goods Which of the following is considered as real capital? A. Tools B. Machinery C Buildings D. All the above 8. During the making of Barbie Dolls in a factory, the total number of Barbie's changes every...
Please help!
Multiple Choice Question 61 Your answer is incorrect. Try again. What is the difference between FIFO (first in, first out) and LIFO (last in, first out) accounting? FIFO refers to the practice of firms, when making sales, assuming that the inventory that came in first (at a higher price) is being sold first During a period of rising prices, LIFO implies that a firm is selling the higher cost, newer inventory first, leaving the lower cost, older inventory...
it says not complete
BUVU Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does The following is a partial trial balance for the Green Star Corporation as of December 31, 2021 Debits Credits 1,750, eee 42, eee 62, eee Account Title Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense 810, eee 220,000...
please help me answer part B by 10pm tonight. please make sure
the answer is correct and answer all parts to b. thank you!!
Hometown Bakery sells three types of doughnuts: glazed, jelly, and cake. The following table shows the sales price and variable costs for each type. The bakery incurs $343,000 a year in fixed expenses. Assume that it sells 4 glazed doughnuts for every 1 jelly doughnut and every 1 cake doughnut. DOUGHNUT TYPE SALES PRICE VARIABLE COST...
Progress You are on question 1 of 14 Choose the BEST answer. What are the three metrics used to measure financial performance described in this section? Cost of goods sold, asset turnover, and general expenses Operating profit margin, asset turnover, and return on assets. Operating profit margin, return on investment, and consumer price index. Progress You are on question 2 of 14 Choose the BEST answer How do we calculate cost of goods sold (COGS)? Beginning inventory+ Purchases - Ending...
Can someone please explain why my answer is incorrect? And what
is the correct answer
Exercise 9-22 x Your answer is incorrect. Try again. The records of Sage's Boutique report the following data for the month of April. Sales revenue Sales returns Markups Markup cancellations $103,700 2,100 9,600 1,600 8,700 3,000 2,400 Purchases (at cost) Purchases (at sales price) Purchase returns (at cost) Purchase returns (at sales price) Beginning inventory (at cost) Beginning inventory (at sales price) $50,700 95,600 2,100...
am I using the incorrect numbers?
& Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Part A Part B Compute Inventory turnover and days' sales in inventory for the three months ended March 31, 2020. - Inventory Turnover Choose Numerator: Cost of goods sold Inventory Turnover Choose Denominator: Average inventory 20,1725 492 Inventory Turnover Choose Numerator: Ratio Days Sales In Inventory Choose Denominator Cost of goods sold 41 X S...
Check my work mode: This shows what is correct or incorrect for the work you have complete Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 32,000 $ 4,740 $ 60,000 $ 88, 900 $ 4,160 Inventories Raw materials Work in...
urrent Attempt in Progress Your answer is incorrect. Bramble Corp.sold goods with a total selling price of $801.900 during the year. It purchased goods for $391.400 and had beginning inventory of $71,100. A count of its ending inventory determined that goods on hand was $60,000. What was its cost of goods sold? Cost of goods sold $ e Textbook and Media Attempts: 1 of 10 used Submit Answer Save for Later Attempte: 1 of 20 un Send to Gradebook Type...
Most questions answered within 3 hours.
-
A z-score
communicates a raw score’s "relative standing"
under the normal curve in relation to:
asked 5 minutes ago -
An object is vibrating on a spring with the following equation
of motion:
?=(30 ??)cos((2?)/(160)?)
a)...
asked 4 minutes ago -
Vulcan Flyovers offers scenic overflights of Mount St. Helens,
the volcano in Washington State that explosively...
asked 7 minutes ago -
If organizations do not adapt fast enough and move incrementally
from the twentieth-century model to the...
asked 7 minutes ago -
A helium balloon with 2.5L of gas has a gauge pressure of 10,000
Pa. The balloon...
asked 12 minutes ago -
What is responsible for Jupiter's enormous magnetic field?
asked 27 minutes ago -
At the end of the year, a company offered to buy 5,000 units of
a product...
asked 28 minutes ago -
Implement C++ program for each of the following.
Let D = [-48, -14, -8, 0, 1,...
asked 48 minutes ago -
Consider a labor market in which LD = 400 – 4W and LS = 250 +...
asked 1 hour ago -
Let’s say you are teaching a typically-developing young child
how to eat with a spoon. Describe...
asked 46 minutes ago -
Ask Your Teacher A toy gun uses a spring to project a 5.6-g soft
rubber sphere...
asked 58 minutes ago -
*****DO NOT ANSWER THIS QUESTION IF YOU DON'T
KNOW*******
Question - PERSONAL DEVELOPMENT ESSAY and Detailed...
asked 1 hour ago