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Lesechka [4]
2 years ago
9

Lopez Corporation incurred the following costs while manufacturing its product Materials used in product Depreciation on plant P

roperty taxes on store Labor costs of assembly-line workers 119,500 Sales commissions Factory supplies used $123,700 Advertising expense $48,000 17,800 28,200 40,600 57,600 62,600 Property taxes on plant 7,700 Delivery expense 26,200 Salaries paid to sales clerks Work in process inventory was $14,600 at January 1 and $17,500 at December 31. Finished goods inventory was $62,700 at January 1 and $50,000 at December 31. Compute cost of goods manufactured. Cost of goods manufactured s Compute cost of goods sold
Business
1 answer:
Sonja [21]2 years ago
4 0

Answer:

See attached file

Explanation:

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Thinking on the margin will ensure that each pair of inserts produced is turning a profit. Once a profit is no longer being made on a pair of inserts, production must be cut back. Understanding these margins will also help me stay competitive in a market that is open to other producers. If additional producers enter the market, I know that I have the ability to lower prices or offer discounts while still maximizing profits.

Explanation:

4 0
2 years ago
During 2019, Pepe Guardio purchases the following property for use in his calendar year-end manufacturing business:
Sladkaya [172]

Answer:

Depreciation Expense for 2019 using form 4562

Basis For depreciation; Recovery Period ; Convention ; Method ; Depreciation deduction

2,000 ; 5 years ; HY ; 200 DB ; 400

40,000 ; 7 years ; HY ; 200 DB ; 6,573

Explanation:

Accelerated method of depreciation is used by businesses for accounting and income tax purposes. The depreciation is calculated in such a way that the depreciation expense is higher in early years and lower in later years. Pepe is also using this method to account for his business assets. The depreciation expense for computer equipment and manufacturing equipment's totals $6,973.

8 0
2 years ago
Bethany wants to buy a pair of designer boots. To find the best price, she searches the Internet and compares prices among the e
viva [34]

Answer:

The bargaining power of customers .

Explanation:

As Bethany wants to buy a pair of designer boots and to find the best price, she searches the Internet and compares prices among the eight sites that sell the boots, she is using the bargaining power of buyers or customers from the Porter's five competitive forces. This force illustrates that customers are definitely have many options available with them for buying a particular product. Customers will be having much power when the number of available options increases because it becomes very easy for the customers to choose from those options or they can switch to some other seller quite easily and quickly in this case. Conversely, consumers will have less power when there are only fewer options present in the market. In this case Bethany has 8 different web sites present in front of her and with the single click of mouse button and flick of her fingers, she can easily compare the prices and options, that's why she can practice her bargaining power.

6 0
2 years ago
The stock of healthy eating, inc., has a beta of .88. the risk-free rate is 3.8 percent and the market return is 9.6 percent. wh
Alexxx [7]
<span>Answer: E(R) = 3.80 + .88(9.60 - 3.80) = 8.90 percent</span>
3 0
2 years ago
In September, you made a profit of $5,456,963 with expenses of $2,456,654. What was your total revenue?
Assoli18 [71]

Answer:

2500,000

Explanation:

8 0
1 year ago
Read 2 more answers
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