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 368 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
Gracias!

softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

The medical assisting profession offers many settings in which to pursue your career. Good communica The medical assisting profession offers many settings in which to pursue your career. Good communica
Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan). Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan).
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Intergenerational Income Mobility in the United States Intergenerational Income Mobility in the United States
Variable and absorption costing, explaining operating-income differences. Variable and absorption costing, explaining operating-income differences.
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: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library