This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is operating income for 2018? Beginning finished good, 1/1/2018$50,000Ending finished goods, ... (Read 367 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
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.
Answer Preview
Only 39% of students answer this correctly


appyboo

  • Member
  • Posts: 527
Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

“Bad,” “neutral,” and “good” mutations. “Bad,” “neutral,” and “good” mutations.
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
A typical beginning technician tool set that includes the basic tools to get started. A typical beginning technician tool set that includes the basic tools to get started.
Good hand and body mechanics when applying thumb pressure to the back. Good hand and body mechanics when applying thumb pressure to the back.
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Video: Carpal Tunnel Syndrome

For a complete list of videos, visit our video library