Answer:
in the settings
Explanation:
A QuickBooks payment service is a credit card processing option that is for the merchant accounts which includes the accounting software called QuickBook. It is managed by Intuit.
For instant deposit option in their QuickBooks payment account, a customer has to --
Select the Settings ⚙ button and then go to Account and settings. After that select the Payments tab and then go to the Deposit Speed section. From there select the Set a schedule for any instant deposits. Finally select the days for which you want instant deposits for.
FVA Inc.’s net income for the most recent year was $40,825. The tax rate was 24 percent. The firm paid $10,320 in total interest expense and deducted $10,570 in depreciation expense. What was the cash coverage ratio for the year?
Answer: 7.23 times
Explanation:
Cash coverage ratio = Cash available/ Interest expense
Cash Available = Net Income before tax + Interest expense + Depreciation
= (40,825 / (1 - 24%)) + 10,320 + 10,570
= $74,607.11
Cash coverage ratio = 74,607.11/10,320
= 7.23 times
Stratton shipyards has 10 million dollars of sales and six million of operating cost including depreciation the company has 20 million of investor supplied operator Capital that has a cost of capital of 10% what is the firm's economic value-added to get from the company's overall tax rate of 40%
Answer:
Stratton Shipyards
The firm's economic value-added is:
$0.4 million
Explanation:
a) Data and Calculations:
Sales revenue = $10 million
Operating cost = 6 million
Pre-tax Income = $4 million
Income tax (40%) 1.6 million
After tax income $2.4 million
EVA = $2.4 million - ($20 million * 10%)
= $0.4 million
b) Stratton Shipyards Economic Value-Added (EVA) = the Net Operating Profit after Tax (NOPAT) – the product of the weighted average cost of capital (WACC) * capital invested. The EVA shows the real value creation by the company above its cost of capital.
Horford Co. has no debt. Its cost of capital is 8.9 percent. Suppose the company
converts to a debt-equity ratio of 1.0. The interest rate on the debt is 5.7 percent. Ignore
taxes for this problem.
a. What is the company's new cost of equity? (Do not round intermediate calculations
and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b. What is its new WACC? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer:
A. 12.1%
B. 8.9%
Explanation:
a. Calculation for What is the company's new cost of equity
Using this formula
New cost of equity=Cost of capital+[(Cost of capital- Debt interest rate ) *(Debt-equity ratio)*(1)]
Let plug in the formula
New cost of equity=[0.089+[(0.089-0.057)*(1)*1]
New cost of equity=[0.089+0.032*(1)*1]
New cost of equity=[0.121*(1)*1]
New cost of equity=0.121*100
New cost of equity=12.1%
Therefore the company's new cost of equity will be 12.1%
b. Calculation for What is its new WACC
Particular Weight Cost Weighted cost
Equity 0.5000 *12.1% = 0.0605
Debt 0.5000 * 5.7% =0.0285
WACC =0.089*100
WACC =8.9%
(0.0605+0.0285)
Therefore the new WACC will be 8.9%
2008 crisis question.
Answer: b. Glass Steagal separated the commercial loan balance sheet of a bank from the investment banking arm (a much riskier part of bank operation). It was important because without this separation, when a bank fails due to bad investments, it also fails all of its commercial duties to keep the economy liquid.
Explanation:
The 1920s came with a fast rising American economy. The stock market portrayed this rise by making huge profits for the public and so people wanted to get into stocks more and more until the stock market crashed and million lost money.
Some of those who participated had borrowed the funds from commercial banks which now had losses as they had loaned out money that could be used for other commercial duties. The proponents of Glass Steagal believed that separating a bank's commercial side from investing would fix this.
Suppose there are 100 residents on the island of Mahalo. Whenever someone purchases a palm tree to plant on the island, everyone on the island receives the same benefits from the tree, which include beauty, shade, and erosion control. The table below shows the total social cost (which is also the total private cost) and the total private benefit received per resident depending on the quantity of palm trees purchased. Use this information to answer the questions that follow.
Quantity of palm trees Total social cost (total private cost) Total private benefit per resident
0 $0 $0
1 200 8
2 400 12
3 600 14
4 800 15
Required:
a. Does the purchase of palm trees create a negative externality, a positive externality, or no externality? Explain.
b. Draw a graph that depicts the marginal social cost and the marginal social benefit of palm trees.
c. What quantity of palm trees would be purchased if they were sold in a private market? Explain.
d. What is the socially optimal quantity of palm trees? Explain.
e. In this situation are palm trees a private good, a public good, or a common resource?
f. What could be an appropriate governmental policy response to this situation?
Answer:
a. Does the purchase of palm trees create a negative externality, a positive externality, or no externality? Explain.
A positive externality is created since individuals that have nothing to do with the original transaction still benefit from it.
b. Draw a graph that depicts the marginal social cost and the marginal social benefit of palm trees.
Q of palm trees Marginal private cost Marginal private benefit
0 $0 $0
1 $200 $800
2 $200 $400
3 $200 $200
4 $200 $100
See attached graph
c. What quantity of palm trees would be purchased if they were sold in a private market? Explain.
3 palm trees, since marginal cost = marginal benefit
d. What is the socially optimal quantity of palm trees? Explain.
3 palm trees, since marginal cost = marginal benefit
e. In this situation are palm trees a private good, a public good, or a common resource?
a public good because every citizen can benefit from them, and they are not rival in consumption
f. What could be an appropriate governmental policy response to this situation?
The government could subsidize palm trees in order to lower the private cost, so more trees are purchased, increasing total social benefit.
Criblez Corporation has two divisions: Blue Division and Gold Division. The following report is for the most recent operating period:
Total company Blue Division Gold Division
Sales $431,000 $106,000 $325,000
Variable expenses 154,810 54,060 100,750
Contribution margin 276,190 51,940 224,250
Traceable fixed expenses 177,000 38,000 139,000
Segment margin 99,190 $13,940 $85,250
Net operating income $30,230
The Blue Division's break-even sales are closest to: _____
Answer:
The Blue Division's break-even sales are closest to $276,212
Explanation:
Break even point is the level at which a firm makes neither profit nor loss.
Break-even sales (dollars) = Fixed Costs ÷ Contribution Margin
Where,
Contribution Margin = Contribution ÷ Sales
= $276,190 ÷ $431,000
= 0.64
Therefore,
Break-even sales (dollars) = $177,000 ÷ 0.64
= $276,212
Suppose Americans working in the textile industry decide to boycott goods made in the European Union. Explain how this boycott will affect each of the following: The supply of dollars The international value of the dollar
Answer: See explanation
Explanation:
The supply of dollars: The boycott by the Americans would result in the reduction in the supply of dollars on the international market. This is due to the fact that there will be less dollar going to the European Union.
The international value of the dollar: There'll be a depreciation in the value of the dollar. A reduction in demand would lead to decline in it's value.
GROCERY STORE PROBLEM: A local grocery store faces demand for one of its items at a constant rate of 20,000 boxes per year. It costs them $5 to process an order and $0.50 per box per year to carry the item in stock. The stock is received three working days after an order is placed. Assume 250 working days in a year and no backordering. What is the demand during lead time assuming that there is no variability
Answer: 240
Explanation:
The following information can be gotten from the question:
Annual demand (D)= 20000
Daily demand (d) = 20000 / 250 = 80
Ordering cost (S) = 5
Holding cost (H) = 0.5
Lead time (L)= 3 days
The demand during lead time would be gotten by multiplying the daily demand by the lead time. This would be:
= 3 × 80
= 240
Kim is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now Kim is living at home and works in a shoe store, earning a gross income of $1,070 per month. Her employer deduct $210 for taxes from her monthly pay. Kim also pays $128 on several credit card debts each month. The loan she needs for chiropractic school will cost an additional $85 per month. Help Kim make her decision by calculating her debt payments-to-income ratio with and without the college loan. (Remember the 20 percent rule.)
Answer:
Even with the student loan, Kim's debt to income ratio is lower than 20%, so she should get the loan and attend chiropractic school.
Explanation:
debt to income ratio = total debt payments / total gross income
debt to income ratio without student loan = $128 / $1,070 = 11.96%
debt to income ratio with student loan = ($128 + $85) / $1,070 = 19.91%
The LaGrange Corporation had the following budgeted sales for the first half of the current year:
Cash Sales Credit Sales
January $60,000 $160,000
February $65,000 $180,000
March $50,000 $140,000
April $45,000 $130,000
May $55,000 $210,000
June $90,000 $240,000
The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled:
Collections on sales:
45% in month of sale
35% in month following sale
20% in second month following sale
The accounts receivable balance on January 1 of the current year was $85,000, of which $55,000 represents uncollected December sales and $30,000 represents uncollected November sales.
The total cash collected during January by LaGrange Corporation would be:_________
Answer:
$168,250
Explanation:
Total Cash Collection would include cash collected from both Cash Sales and Credit Sales.
Summary for Calculation of January Cash Collected
Cash Sales $60,000
Credit Sales :
For January Sales ($160,000 × 45%) $72,000
For December Sales ($55,000 × 55%) $30,250
For November Sales ($30,000 × 20%) $6,000
Total Collection $168,250
Conclusion :
The total cash collected during January by LaGrange Corporation would be $168,250
The total cash collected during January by LaGrange Corporation would be:$197,000.
Cash collected:
November receivables collections $30,000
December receivables collections $35,000
($55,000 × 35%/55%)
January cash sales $60,000
January credit sales collection $72,000
($160,000×45%)
Total collection $197,000
Inconclusion the total cash collected during January by LaGrange Corporation would be:$197,000.
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RWJ inc., produces the different medical devices. the following relates to the three products for next year. under an activity-based costing system, the per-unit overhead cost of device z is closest to
Answer:
Exing relates to the three products for next yeaplaRWJ inc., produces the different medical devices. the following relates to the three products for next year.nation:
describe the cycle that dictates the economic ups and down of the hotel industry
The terms of business cycle which includes expansion, growth, peak, recession describes the Ups and down of the hotel industry
Business cycle refers to the cyclical upswings and downswings of a business in its output, employment, income, sales etc
The 4 stages of business cycle includes:
expansionpeakcontractiontrough/recession.In conclusion, the terms of business cycle which includes expansion, growth, peak, recession describes the Ups and down of the hotel industry
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One of the main tools used by economists to measure the actual distribution of income in an economy is:
Answer: Lorenz curve
Explanation:
One of the main tools used by economists to measure the actual distribution of income in an economy is known as the Lorenz curve.
The Lorenz curve Lorenz curve is a graph that shows the inequality witybrwgrds to the income and wealth distribution for a particular economy. The x-axis on the graph shows the population, while the y-axis shows the wealth.
2. Which of the following groups of users would primarily be interested in a company's annual
published financial statements?
A. Shareholders and suppliers
B. Management and employees
C. Shareholders and providers of finance
D General public, environmental pressure groups
Answer:
C. Shareholders and providers of finance
Explanation:
A company's financial report communicates the financial health of a business. It indicates whether a business is profitable and can meet its financial obligations.
Shareholders are the owners of a business. They are interested in the financial reports to know if their venture is making profits. Shareholders expect to earn dividends from the business. Only a profitable business is able to declare dividends. Financial reports guide shareholders in making decisions regarding the future of the business.
Lenders provide debt capital to a business. If the company is profitable, then lenders are happy because their payments are assured. Lenders rely on financial reports in deciding whether to extend or deny credit to businesses.
Farah and David decide to form a sports memorabilia retail partnership. They have known each other since business graduate school and have always worked well together on various projects. The business is doing well but cash flow is very tight. Farah takes several calls from vendors asking for payment. He believed David had been paying the bills. When he asks about this, David admits to embezzling from the partnership. What liability does Farah face as a result of the theft
Answer:
Farah faces a general partnership as a result of theft
Explanation:
General Partnership is simply a free association of two or more persons to carry on business for profit gains.
Partnership agreement is simply an agreement by two or more persons to do business together as a partnership in an oral or written form.
Based on the provided information, Farah faces a general partnership as a result of theft.
According to the question, we were to discuss about Farah and David who decide to form a sports memorabilia retail partnership and the liability that Farah faced.
As a result of this, we can see that she faced general partnership as a result of theft, general Partnership which is a free association of two or more party to share gain from a business,
Therefore, since David admits to embezzling from the partnership then it is a theft from partnership.
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the work in process inventory account of a manufacturing company shows a balance of $2,400. from this information, it appears that the compnay is suing a predetermined overhead rate, as a percentageof direct labor costs, of: g
Answer: 125%
Explanation:
Here's the complete question:
The Work in Process inventory account of a manufacturing company shows a balance of $2,400 at the end of an accounting period. The job cost sheets of the two uncompleted jobsshow charges of $400 and $200 for direct materials, and charges of $300 and $500 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of:
A. 80%
B. 125%
C. 300%
D. 240%
First, we have to calculate the overhead cost of the incomplete jobs. This would be:
Ending Work in process balance = $2,400
Less: Direct materials cost of uncompleted Jobs = $600
Less: Direct labor cost of uncompleted Jobs = $800
Therefore, Overhead cost of Uncompleted Jobs = $1,000
Then, the predetermined overhead rate would be calculated as:
= Overhead cost / Direct labor cost of the uncompleted Jobs
= $1000 / $800
= 1.25
= 125% of direct labor cost
Question 9 of 10
April has joined a team with members from the sales, customer service, and
shipping and receiving departments. Which term best describes the team
April joined?
A. Problem-solving team
B. Self-managing team
C. Cross-functional team
ОО
D. Work team
SUBMIT
Answer:
Cross functional team
Explanation:
blah blah blah blah
Veronica earns $60,000 per year. Matt's yearly income is $37,000. In a progressive tax system,
O Veronica will pay less income tax and Matt will pay more
O Veronica and Matt will pay the same amount of income tax
O Veronica will pay more taxes and Matt will have a government flat tax rate this year
O Veronica will pay more taxes and Matt will pay less taxes to the government
Answer:
Veronica will pay more taxes and Matt will pay less taxes to the government
Explanation:
In a progressive tax system, the percentage rate of taxation increases as the income rises. It means that individuals with a high income will be taxed at a higher tax rate than low-income earners. A progressive tax rate is based on an individual income level; the higher the income, the higher the tax rate.
Veronica earns more than Matt. Under the progressive tax system, veronica will be taxed at a higher rate than Matt. Therefore, veronica will pay more taxes than Matt.
Select the correct answer.
Someone who scores mostly "yes" answers in the social category of the RIASEC would probably not enjoy a career in
A Research
B. Social work
C Nursing
D Teaching
Answer:
D
Explanation:
Answer:
D, Teaching
Explanation:
have a nice day
In early 2018, selected automobiles had an average cost of $20,000. The average cost of those same motor vehicles is now $24,000. What was the rate of increase for this item over this time period
Answer:
20%
Explanation:
Calculation for What was the rate of increase for this item over this time period
Using this formula
Rate of increase= (Ending avarage cost − Beginning avarage cost )/ Beginning avarage cost
Let plug in the formula
Rate of increase= ($24,000 − $20,000) / $20,000
Rate of increase= $4,000/$20,000
Rate of increase= 0.2*100
Rate of increase= 20%
Therefore the rate of increase for this item over this time period is 20%
Compare and Contrast the four current perspectives of organizational effectiveness.
Explanation:
The four current perspectives of organizational effectiveness are the ability that a company has to acquire knowledge, use, share and keep.
In the globalized and competitive business scenario, the organizations that stand out and are well positioned are those that know how to use their resources most effectively, extracting knowledge from each organizational resource that will provide subsidies for the continuous improvement of all organizational systems.
A company can acquire knowledge through experience in the market, consulting, training, benchmarking, interactions, technologies, etc., and through this acquired knowledge it is necessary to use it in line with organizational objectives and goals and also having the responsibility that its actions and strategies will impact directly in the internal and external environment, so knowledge will align the company and its values with the values of its stakeholders.
Knowledge sharing is also essential for companies to manage human resources and transmit the values, policies, procedures, etc. to their workforce, which will guide the work and create an organizational climate favorable to individual and team development. job.
Storing information can be understood as meaningful and learned values for companies that are valuable for their effectiveness and compliance with strategies.
It is ideal that companies adapt to new technologies and market trends, seeking to satisfy their stakeholders, exercise corporate governance and manage processes in search of continuous improvement.
A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. Its profit margin and total asset turnover were respectively:
Select one:
a. 13.3%; 0.2.
b. 13.3%; 1.5.
c. 2.0%; 1.5.
d. 1.5%; 0.2.
e. 1.5%; 13.3.
Answer:
a. 13.3%; 0.2.
Explanation:
Profit margin can be expressed as a ratio or a percentage. It is also called the gross profit ratio
The formula for gross margin
= net income/ net sales x 100
= $40,000/ $300,000 x 100
=13.33%
The formula for calculating asset turnover ratio is net sales divide by
average total assets.
=Net sales/ average total sales
=$40,000/$200,000
=0.2
differentiate between a department with line responsibility and a department with staff responsibility
Answer:
While a department with line responsibility is directly involved in the daily activities and management of the business, a department with staff responsibility simply provides support for the line managers.
Explanation:
The line department consists of the chain of leaders whose positions in the organization are clearly differentiated from those of their subordinates. They make decisions and supervise the daily affairs of the business. Examples of these include; the department heads, the president, the production supervisors, etc.
A department with staff responsibility provides support for the department with line responsibility. Examples of personnel in the line department are the legal advisers and the human resource staff. The legal advisers provide support by advising the line managers on the lawful means to transact their business activities.
Upon graduating from High School in 2019, you were granted a $6,000 college scholarship for academic year 2019-2020. As a full-time student and degree candidate during the fall term of 2019 you received $2,000 and spent $1,200 on tuition and fees, $300 on books and $500 on room and board. How much of your scholarship is taxable on your 2019 Federal return
Answer:
The answer is "$500".
Explanation:
The student is indeed a professional student and a graduate candidate of a qualifying organization and utilizes the sum of a grant for salary payments. The study money is income.
Registered costs include university fees, book sales but do not cover room and boarding spending. In federal return, such expenditure for room and boarding is deductible. Even so, in the 2019 Fiscal return, $500 of the amount of the grant is deductible.
Jones borrows $50,000 from Bank of America. How does this transaction affect the accounting equation
Explanation:
Basis accounting principle says that asset account are debited when they are increasing and liability are credited when they are increasing and vice versa.
Therefore, in this transaction
Assets(cash in hand) increase by $50000, liabilities(loan) increase by $50000 and there is no effect on equity.
The accounting equation basically represents the balance sheet that shows the relationship between the assets of the firm, liabilities of the firm, and the equity of the firm. It is the basic pave for the book-keeping system and also equals the debits with the credits.
The basis accounting principle says that asset account are debited when they are increasing and liability is credited when they are increasing and vice versa.
Therefore, in this transaction
Assets(cash in hand) increase by $50000, liabilities(loan) increase by $50000, and there is no effect on equity.
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Lawn Master Company, a manufacturer of riding lawn mowers, has a projected income for the coming year as follows: Sales $ 36,000,000 Operating expenses: Variable expenses $ 19,800,000 Fixed expenses 8,100,000 Total expenses 27,900,000 Operating profit $ 8,100,000 Required: 1. Determine the breakeven point in sales dollars. 2. Determine the required sales in dollars to earn a before-tax profit of $9,135,000. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) 3. What is the breakeven point in sales dollars if the variable expenses increases by 9%
Answer:
Lawn Master Company
1. Break-even point in sales dollars:
= $18,000,000
2. Required sales in dollars to earn a before-tax profit of $9,135,000:
= $38,300,000
3. The break-even point in sales dollars if the variable expenses increases by 9%:
= $20,224,719
Explanation:
a) Data and Calculations:
Sales $ 36,000,000
Operating expenses:
Variable expenses $ 19,800,000
Contribution margin $16,200,000
Fixed expenses 8,100,000
Total expenses 27,900,000
Operating profit $ 8,100,000
Contribution margin ratio = $16,200,000/$36,000,000 * 100 = 45%
Break-even point in sales dollars = Fixed cost/Contribution margin
= $8,100,000/0.45 = $18,000,000
Break-even point in sales dollars to earn a before-tax profit of $9,135,000
= (Fixed cost + target profit)/Contribution margin ratio
= ($8,100,000 + $9,135,000)/0.45
= $17,235,000/0.45
= $38,300,000
Break-even point in sales dollars if the variable expenses increase by 9%
Increased variable expenses = $21,582,000 ($ 19,800,000 * 1.09)
Contribution margin will reduce to $14,418,000 ($36,000,000 - $21,582,000)
Contribution margin ratio = $14,418,000/$36,000,000 * 100 = 0.4005
Therefore, break-even point in sales dollars = Fixed cost/0.4005
= $8,100,000/0.4005
= $20,224,719
otal asset turnover 2.6 Profit margin 6.6 % Equity multiplier 1.5 Payout ratio 25 % What is the sustainable growth rate?
Answer:Sustainable growth rate =0.19305=19.305%
Explanation:
Sustainable growth rate is calculated as
Return on equity X (1 - dividend payout ratio)
But
Return on equity = profit margin X total asset turnover X equity multiplier
= 6.6% X 2.6 X 1.5
= 0.2574 X 100
=25.74%
The dividend payout ratio is 25% or 0.25
Sustainable growth rate =25.74% X (1-0.25)
=0.2574 X 0.75
=0.19305 X 100
=19.305%
Many economists believe there is a conflict between the economic goals of growth and equity. Do you agree or disagree? Provide your reasons.
Answer:
There should be no conflict between economic growth and equity. Some conflicts may arise, since generally economic growth benefits the richest more than the rest of the population, but government policies can offset this situation, and the living proof are Scandinavian countries.
The theory that leads to conflict is the trickle down effect (supply side economics) since it advocates for allowing rich people to get so rich that they will eventually realize that the only that they can get richer is by distributing some of their wealth. That never happens.
Supply side economics, and all other variations of classical economics, monetarism and neo-classicism are great in theory, but they have never worked in real life.
State two goals you hope to achieve through applying your coursework this term to your workplace experience.
Explanation:
1. Improve communication skills
2. Apply customer relationship marketing
The current business scenario is globalized and highly competitive, the social dynamics resulting from globalization and new technologies have changed the demands and relations between company / consumer, this new parameter requires companies to be promoters of society's well-being, acting with socio-environmental responsibility in the market, which means that this includes the relationship with all its stakeholders.
Therefore, it is essential that interpersonal communication skills are improved in a management-oriented course and applied to the work environment, as organizations have more and more responsibilities when dealing with people, and negotiation and communication skills with people are increasingly valued. different nationalities and culture, with ethics in communication being an essential factor.
Relationship marketing is also another essential factor that must be applied in the workplace, especially if you work directly with the customer or work using the internet, since companies are closer to customers, and must generate value and engagement that creates market identification and positioning.
A goal is termed as the idea of the future result that is committed to achieving. It can be a plan or envision that is to be accomplished by a group of persons. The deadline is set for the accomplishment of the goals by the group of people.
The two goals to achieve in the workplace are:
1. Improve communication skills
2. Apply customer relationship marketing
The current business scenario is globalized and highly competitive, the social dynamics resulting from globalization and new technologies have changed the demands and relations between company and the consumer. Relationship marketing is also another essential factor that must be applied in the workplace.
Therefore, it is essential that interpersonal communication skills are improved in a management-oriented course and applied to the work environment, as organizations have more and more responsibilities when dealing with people, and negotiation and communication skills with people are increasingly valued.
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Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price $147
Units in beginning inventory 0
Units produced 2,200
Units sold 1,910
Units in ending inventory 290
Variable costs per unit:
Direct materials $47
Direct labor $34
Variable manufacturing overhead $5
Variable selling and administrative expense $6
Fixed costs:
Fixed manufacturing overhead $39,600
Fixed selling and administrative expense $15,280
The total gross margin for the month under the absorption costing approach is:________
Answer:
Gross Margin $82,130
Explanation:
The computation of the gross margin under the absorption costing approach is as follows:
Sales ($147 × 1,910 units) $280,770
Less:
Direct Material ($47 × 1,910 units) $89,770
Direct Material ($34 x 1,910 units) $64,940
Variable Manufacturing Overhead ($5 × 1,910 units) $9,550
Fixed Manufacturing Overhead ($39,600 ÷ 2,200 units) × $1,910 units $34,380
Gross Margin $82,130
