In september wyco company receives a special order for

Assignment Help Accounting Basics

Reference no: EM13580060

Wyco Company manufactures toasters. For the first 8 months of 2012, the company reported the following operating results while operating at 75% of plant capacity.

	Sales (400,000 units)	$4,000,000
	Cost of goods sold	2,400,000
	Gross profit	1,600,000
	Operating expenses	900,000
	Net income	$700,000

Cost of goods sold was 70% variable and 30% fixed. Operating expenses were also 60% variable and 40% fixed.

In September, Wyco Company receives a special order for 40,000 toasters at $6.00 each from Salono Company of Mexico City. Acceptance of the order would result in $8,000 of shipping costs but no increase in fixed operating expenses.

Reference no: EM13580060

Questions Cloud

A psychologist dr bill mikalek administered a test of : q1.a psychologist dr. bill mikalek administered a test of manual dexterity to 30 third-graders. the times in minutes

If the diameters are distributed normally with mean mu0251 : suppose that the specifications on the diameter of a rotor shaft are 0.25plusmn0.002. if the diameters are distributed

The accrued expenses payable balance on january 1 relates : schedule of cash payments eastgate physical therapy inc. is planning its cash payments for operations for the first

Prepare the indicated journal entries for each of the : during 2013 the following selected transactions affecting stockholders equity occurred for corner

In september wyco company receives a special order for : wyco company manufactures toasters. for the first 8 months of 2012 the company reported the following operating results

On january 1 2013 when the market interest rate was 9 : on january 1 2013 when the market interest rate was 9 percent seton corporation completed a 200000 8 percent bond issue

The probability that an individual has 20-20 vision is 015 : the probability that an individual has 20-20 vision is 0.15. in a class of 50 students what is the mean and standard

The formula used to calculate the number of units needed in : the formula used to calculate the number of units needed in order to earn a desired profit isfixed costs variable

Discuss a possible negative managerial scenario that the : zoya arbiser regional manager of gold medal sports shops is reviewing the results of 15 stores in her region. store

User Account

All Pages