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Author Question: What is operating income for 2018? Beginning finished good, 1/1/2018$50,000Ending finished goods, ... (Read 494 times)

appyboo

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on: Mar 6, 2021

Question 1

What is gross margin for 2018? 

Beginning finished good, 1/1/2018$53,000
Ending finished goods, 12/31/201837,000
Cost of goods sold256,000
Sales revenue484,000
Operating expenses106,000

◦ $212,000
◦ $228,000
◦ $244,000
◦ $122,000

Question 2

What is operating income for 2018? 

Beginning finished good, 1/1/2018$50,000
Ending finished goods, 12/31/201835,000
Cost of goods sold251,000
Sales revenue485,000
Operating expenses109,000

◦ $199,000
◦ $110,000
◦ $125,000
◦ $140,000
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by appyboo on Mar 6, 2021

meltdown117

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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appyboo

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

patma1981

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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