Calculate the operating income? for this month

Assignment Help Accounting Basics
Reference no: EM133659791

Question: Question content area top Part 1 Pottery Express Company sells ceramic pottery at a wholesale price of $ 18 per unit. The variable cost of manufacturing is $ 15 per unit. The fixed costs are $ 5 comma 500 per month. Pottery Express sold 5 comma 100 units during this month. Calculate the operating income? (loss) for this month.

Reference no: EM133659791

Questions Cloud

Find a copy of michigan penal code : Find a copy of Michigan Penal Code and locate the statutes prohibiting rape and molesting.
What is the loss of utility by moving from a bundle of books : What is the loss of utility by moving from a bundle of 20 books and magazines each to a bundle of 20 books and 10 magazines?
What is the value of work-in-process inventory on april 30 : Bostwick Chemicals because all production is to order. Required: Compute cost of goods sold for April. What is the value of work-in-process inventory on April
Is there an administrative agency conducts investigations : Is the practice of law regulated by the state supreme court in Kansas? Is there an administrative agency that conducts investigations, publishes rules, etc.?
Calculate the operating income? for this month : Calculate the operating income? for this month - Pottery Express sold 5 comma 100 units during this month. Calculate the operating income? (loss)
What amount would the company have recorded as the liability : perpetual inventory system and the net method of accounting for purchase discounts. What amount would the company have recorded as the liability resulting
How can product space accommodate the product characteristic : How can product space accommodate these product characteristics? Does product differentiation resolve the Bertrand paradox? Wy or wy not?
Explain the importance of lawyer-client confidentiality : Explain the importance of lawyer-client confidentiality, and discuss any exceptions to the confidentiality rule.
Calculate the eight components of changes in operating asset : Calculate the eight components of changes in operating assets and liabilities and the total net cash provided by operating activities for ABC Company

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd