Solution-Find the total costs using the account analysis

Find the total costs using the account analysis method

Reference no: EM132721680

YU CPA student, was asked by a small company to perform some management advisory services. the following information pertains to 2019 operations:

Sales (5000 microwave ovens) $13,50,000
Cost Of Goods Sold 540,000
Store Manager's Salary per year 75,000
Operating costs per year 225,000
Advertising & Promotion per year 25,000
Commissions(4% of sales) 67,500

Required:

Problem 1: Determine the total costs using the account analysis method if Miller's expects to sell 6500 units next year.

Reference no: EM132721680

Questions Cloud

Find How much revenue should Black Diamond recognize : How much accounts receivable, should Black Diamond recognize on January 1, 2019? (Use a financial calculator and enter your answers)

Compute what is average unit cost for coronado industries : Compute What is the average unit cost?In its first month of operations, Coronado Industries made three purchases of merchandise in sequence

How many semiannual interest payments will be made : On the issue date, the annual market rate for the bonds is 8%. How many semiannual interest payments will be made on these bonds over their life

Contrast investors in public companies in the usa : How do Contrast investors in public companies in the USA with those in foreign countries with respect to access to financial and other information useful

Find the total costs using the account analysis method : Find the total costs using the account analysis method if Miller's expects to sell 6500 units next year. Commissions(4% of sales) 67,500

Prepare journal entries to record the purchase of the assets : Prepare journal entries to record the purchase of the assets and to record depreciation expense on 30 June 2018 and 2019, the end of company reporting periods

Describe the data matrix that would be likely to sufficient : The managers of a company that leases trucks to shipping companies.Describe the data matrix that would be likely to be sufficient for calculating this estimate.

What are the line items common stock and treasury stock : What are the line items common stock and Treasury stock? Address whether you would want to purchase stock in the company based on your analysis

Find equivalent cost per unit assuming that ending inventory : René Alverez knew she was in over her head soon, Find the equivalent cost per unit, assuming that the ending inventory is considered to be 40 percent complete.

User Account

All Pages

Find the total costs using the account analysis method

Reference no: EM132721680

Reference no: EM132721680

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT