Homework Answers
|
Cost of Sales Revenue ($) |
Guests |
Average cost of sales Revenue ($) |
|
| Dining Room | 51522 | 9040 | 5.6993 |
| Bar-lounge | 38642 | 6222 | 6.2105 |
| Comparative income statement analysis for two consecutive year | ||||
| Changes | ||||
| Particulars | Year 0007 ($) | Year 0008 ($) | Dollars | % |
| Sales Revenue | 23502 | 24612 | 1110 | 4.7% |
| Cost of Sales Revenue | -9208 | -9438 | 230 | 2.5% |
| Gross Margin | 14294 | 15174 | 880 | 6.2% |
| Direct Costs | -10202 | 11622 | 1420 | 13.9% |
| Contributory Income | 4092 | 3552 | -540 | -13.2% |
| Indirect Costs | -2477 | -2403 | -74 | -3.0% |
| Operating Income | 1615 | 1149 | -466 | -28.8% |
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E3.6 Based on the following, determine the average cost of sales revenue per guest. Guests Dining...
E3.5 Based on the following, determine the average check per guest. Dining room Bar-lounge Sales Revenue...
E3.5 Based on the following, determine the average check per guest. Dining room Bar-lounge Sales Revenue $150,080 $ 68,050 Guests 9,380 5,444
Litco produces and sells Product 2 with the following revenue and cost information Sales Revenue per...
Litco produces and sells Product 2 with the following revenue and cost information Sales Revenue per unit $38 Cost per unit: Direct Materials $7 Direct Labor $2 V. Manu O/H $3 Fixed Manu O/H $6 Sales Commissions $3 Packaging $1 Total Cost Per Unit $22 Net Income Per Unit $16 A new customer in a new sales region offers to buy 1,000 units for $18 per unit. If this offer is accepted, Litco will pay no sales commissions but packaging...
QUESTION 103 For each of the following, determine the missing amounts. Sales Cost of Operating Revenue...
QUESTION 103 For each of the following, determine the missing amounts. Sales Cost of Operating Revenue Goods Sold Gross Profit Expenses 1. $100,000 $30,000 $135,000 $125,000 Net Income $12,000 $80,000 T T TT Paragraph. Arial %DO Q E $x Mashups - Tu © @£2 3 (12pt) T' T25 - E. - -- Path:p QUESTION 104 Click Save and Submit to save and submit. Click Save All Answers to save all answers.
Questions 8-10 are based on the following revenue and cost structure.: Selling price per unit: Variable...
Questions 8-10 are based on the following revenue and cost structure.: Selling price per unit: Variable cost per unit: S 100 S 40 S12,000 40% Total fixed costs: ax rate on operating income: How much sales revenues must be achieved to earn a target net income of $72,000? a. $72,000 b. S100,000 c.$132,000 d. $220,000 10.
Duke Company's records show the following account balances at December 31, 2021: Sales revenue Cost of...
Duke Company's records show the following account balances at December 31, 2021: Sales revenue Cost of goods sold General and administrative expense Selling expense Interest expense $15,200,000 9,100,000 1,010,000 510,000 710,000 Income tax expense has not yet been determined. The following events also occurred during 2021. All transactions are material in amount 1. $310,000 in restructuring costs were incurred in connection with plant closings, 2. Inventory costing $410,000 was written off as obsolete. Material losses of this type are considered...
Duke Company's records show the following account balances at December 31, 2021: Sales revenue Cost of...
Duke Company's records show the following account balances at December 31, 2021: Sales revenue Cost of goods sold General and administrative expense Selling expense Interest expense $15, 8ee, eee 9,480, eee 1,040, eee 540,000 740, eee Income tax expense has not yet been determined. The following events also occurred during 2021. All transactions are material in amount 1. $340,000 in restructuring costs were incurred in connection with plant closings. 2. Inventory costing $440,000 was written off as obsolete. Material losses...
Income Statement 2014 2015 2016 2017 Sales/Revenue 55.87B 55.36B 59.39B 62.76B Cost of Goods Sold (COGS)...
Income Statement
2014
2015
2016
2017
Sales/Revenue
55.87B
55.36B
59.39B
62.76B
Cost of Goods Sold (COGS) incl. D&A
20.52B
20.65B
23.43B
23.8B
COGS excluding D&A
11.97B
11.94B
15.64B
15.68B
Depreciation & Amortization Expense
8.55B
8.71B
7.79B
8.13B
Depreciation
7.38B
7.82B
6.27B
6.75B
Amortization of Intangibles
1.17B
890M
1.52B
1.38B
Gross Income
35.35B
34.7B
35.96B
38.96B
2014
2015
2016
2017
SG&A Expense
19.69B
19.84B
21.15B
20.62B
Research & Development
11.56B
11.95B
12.75B
13.14B
Other SG&A
8.14B
7.88B
8.4B
7.48B
Other Operating...
E3.5 Based on the following, determine the average check per guest. Dining room Bar-lounge Sales Revenue $150,080 $ 68,050 Guests 9,380 5,444
QUESTION 103 For each of the following, determine the missing amounts. Sales Cost of Operating Revenue Goods Sold Gross Profit Expenses 1. $100,000 $30,000 $135,000 $125,000 Net Income $12,000 $80,000 T T TT Paragraph. Arial %DO Q E $x Mashups - Tu © @£2 3 (12pt) T' T25 - E. - -- Path:p QUESTION 104 Click Save and Submit to save and submit. Click Save All Answers to save all answers.
Questions 8-10 are based on the following revenue and cost structure.: Selling price per unit: Variable cost per unit: S 100 S 40 S12,000 40% Total fixed costs: ax rate on operating income: How much sales revenues must be achieved to earn a target net income of $72,000? a. $72,000 b. S100,000 c.$132,000 d. $220,000 10.
Duke Company's records show the following account balances at December 31, 2021: Sales revenue Cost of goods sold General and administrative expense Selling expense Interest expense $15,200,000 9,100,000 1,010,000 510,000 710,000 Income tax expense has not yet been determined. The following events also occurred during 2021. All transactions are material in amount 1. $310,000 in restructuring costs were incurred in connection with plant closings, 2. Inventory costing $410,000 was written off as obsolete. Material losses of this type are considered...
Duke Company's records show the following account balances at December 31, 2021: Sales revenue Cost of goods sold General and administrative expense Selling expense Interest expense $15, 8ee, eee 9,480, eee 1,040, eee 540,000 740, eee Income tax expense has not yet been determined. The following events also occurred during 2021. All transactions are material in amount 1. $340,000 in restructuring costs were incurred in connection with plant closings. 2. Inventory costing $440,000 was written off as obsolete. Material losses...
Income Statement
2014
2015
2016
2017
Sales/Revenue
55.87B
55.36B
59.39B
62.76B
Cost of Goods Sold (COGS) incl. D&A
20.52B
20.65B
23.43B
23.8B
COGS excluding D&A
11.97B
11.94B
15.64B
15.68B
Depreciation & Amortization Expense
8.55B
8.71B
7.79B
8.13B
Depreciation
7.38B
7.82B
6.27B
6.75B
Amortization of Intangibles
1.17B
890M
1.52B
1.38B
Gross Income
35.35B
34.7B
35.96B
38.96B
2014
2015
2016
2017
SG&A Expense
19.69B
19.84B
21.15B
20.62B
Research & Development
11.56B
11.95B
12.75B
13.14B
Other SG&A
8.14B
7.88B
8.4B
7.48B
Other Operating...
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