This topic contains a solution. Click here to go to the answer

Author Question: The income statement of a service-sector firm reports ________. (Read 39 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530

Question 1

The following information pertains to Alleigh's Mannequins:

Manufacturing costs$2,170,000
Units manufactured31,000
Units sold28,500 units sold for $90 per unit
Beginning inventory0 units

What is the amount of gross margin?
◦ $1,995,000
◦ $2,170,000
◦ $2,565,000
◦ $570,000

Question 2

The income statement of a service-sector firm reports ________.
◦ period costs only
◦ cost of goods sold
◦ both period costs and cost of of goods sold
◦ direct labor costs


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by urbanoutfitters on Mar 6, 2021

whitcassie

  • Sr. Member
  • ****
  • Posts: 298
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.
Answer Preview
Only 29% of students answer this correctly




urbanoutfitters

  • Member
  • Posts: 530
Reply 2 on: Mar 6, 2021
Wow, this really help


Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library