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 506 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

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
Kidney beans, steak, and iron-fortified bread and cereal are good sources of iron Kidney beans, steak, and iron-fortified bread and cereal are good sources of iron
Determination of Income Inequality Determination of Income Inequality
Entrepreneurship: Starting and Operating a Small Business (3rd Edition) Entrepreneurship: Starting and Operating a Small Business (3rd Edition)
Prevalence of good health in Canadians aged 65 years and older Prevalence of good health in Canadians aged 65 years and older
Video: Resting membrane potential - electrical polarity and maintenance requirements

For a complete list of videos, visit our video library