Please explain/show calculations
Homework Answers
Manufacturing cost per unit = 3,420,000/57,000
= 60
So, cost of goods sold = 60*45,000 = 2,700,000
Sales = 95*45,000 = 4,275,000
Gross profit = Sales - Cost of Goods Sold
= 4,275,000 - 2,700,000
= 1,575,000
Option C
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Please explain/show calculations
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory...
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,610,000 58,000 45,000...
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,610,000 58,000 45,000 units sold for $95 per unit 0 units What is the amount of gross profit margin? O A. $4,275,000 O B. $2,250,000 O C. $6,300,000 OD. $2,900,000
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,655,000 59,000 43,000...
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,655,000 59,000 43,000 units sold for $80 per unit 0 units What is the amount of gross profit margin? A. $3,440,000 O B. $5,375,000 OC. $2,065,000 OD. $1,505,000
Pederson Company reported the following: Manufacturing costs $2,500,000 Units manufactured 50,000 Units sold 44,000 units sold...
Pederson Company reported the following: Manufacturing costs $2,500,000 Units manufactured 50,000 Units sold 44,000 units sold for $75 per unit Beginning inventory 0 units What is the amount of gross profit margin?
Question 19 Pederson Company reported the following: Manufacturing costs $3,060,000 Units manufactured 51,000 Units sold 46,000...
Question 19 Pederson Company reported the following: Manufacturing costs $3,060,000 Units manufactured 51,000 Units sold 46,000 units sold for $100 per unit Beginning inventory O units What is the amount of gross profit margin? $1,840,000 $7,360,000 $4,600,000 $2,040,000 A Moving to the next question prevents changes to this answer.
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Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $150,000 5000 4700 units sold for $90 per unit 100 units What is the average manufacturing cost per unit? $29.41 $30.00 $30.61 $31.91
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Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $135,000 15,000 12,000 units sold for $20 per unit 3500 units What is the manufacturing cost for the ending finished goods inventory? $27,000 $58,500 $31,500 $130,000
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QUESTION 21 THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 20 THROUGH 22. Pederson Company reported the following: Manufacturing costs $2,000,000 Units manufactured 50,000 Units sold 47,000 units sold for $75 per una Beginning inventory O units ? What is the average manufacturing cost per unit? 1. $40.00 2. $42.55 3. $00.025 4.$75.00 QUESTION 22 What is the amount of ending finished goods inventory? 1.$1,880,000 2. $120,000 3. $225,000 4. $105,000 QUESTION 23 What is the amount of gross profit? 1. $1,750,000...
Sydney's Barbecue reported the following information: Sydney's Barbecue Period Ending December 31, 20xX Manufacturing costs Units...
Sydney's Barbecue reported the following information: Sydney's Barbecue Period Ending December 31, 20xX Manufacturing costs Units manufactured Beginning inventory Note: 45,400 units sold during year at $270 per unit 4,200,000 60,000 What is the amount of ending finished goods inventory for the period ending December 31, 20XX? O A. $1,032,000 O B. $1,022,000 O C. $1,002,000 O D. $1,042,000 OE. $1,012,000
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Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,610,000 58,000 45,000 units sold for $95 per unit 0 units What is the amount of gross profit margin? O A. $4,275,000 O B. $2,250,000 O C. $6,300,000 OD. $2,900,000
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,655,000 59,000 43,000 units sold for $80 per unit 0 units What is the amount of gross profit margin? A. $3,440,000 O B. $5,375,000 OC. $2,065,000 OD. $1,505,000
Question 19 Pederson Company reported the following: Manufacturing costs $3,060,000 Units manufactured 51,000 Units sold 46,000 units sold for $100 per unit Beginning inventory O units What is the amount of gross profit margin? $1,840,000 $7,360,000 $4,600,000 $2,040,000 A Moving to the next question prevents changes to this answer.
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $150,000 5000 4700 units sold for $90 per unit 100 units What is the average manufacturing cost per unit? $29.41 $30.00 $30.61 $31.91
Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $135,000 15,000 12,000 units sold for $20 per unit 3500 units What is the manufacturing cost for the ending finished goods inventory? $27,000 $58,500 $31,500 $130,000
QUESTION 21 THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 20 THROUGH 22. Pederson Company reported the following: Manufacturing costs $2,000,000 Units manufactured 50,000 Units sold 47,000 units sold for $75 per una Beginning inventory O units ? What is the average manufacturing cost per unit? 1. $40.00 2. $42.55 3. $00.025 4.$75.00 QUESTION 22 What is the amount of ending finished goods inventory? 1.$1,880,000 2. $120,000 3. $225,000 4. $105,000 QUESTION 23 What is the amount of gross profit? 1. $1,750,000...
Sydney's Barbecue reported the following information: Sydney's Barbecue Period Ending December 31, 20xX Manufacturing costs Units manufactured Beginning inventory Note: 45,400 units sold during year at $270 per unit 4,200,000 60,000 What is the amount of ending finished goods inventory for the period ending December 31, 20XX? O A. $1,032,000 O B. $1,022,000 O C. $1,002,000 O D. $1,042,000 OE. $1,012,000
57. During the year, a manufacturing company had the following operating Beginning work-in-process inventory Beginning finished goods inventory Direct materials used in production Direct labor Manufacturing overhead incurred Ending work-in-process inventory Ending finished goods inventory S 45,000 $190,000 $308,000 $475,000 $250,000 $ 67,000 $ 89,000 results: Xist o h oear? A. $1,011,000 B. $1,134,000 C. $1,033,000 D. $1,112,000 58. During April, the CJG Manufacturing Company had the following operating Sales revenue Gross margin Ending work-in-process inventory Beginning work-in-process inventory Ending...
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