What is the gross margin for vegas

Assignment Help Accounting Basics
Reference no: EM132608195

Variable manufacturing overhead           $25

Direct materials                                  20

Direct labor                                       19

Fixed manufacturing overhead                12

Variable marketing and administrative        7

Question 1: Vegas produced and sold 10,000 units. If the product sells for $100, what is the gross margin?

A. $240,000

B. $290,000

C. $360,000

D. $170,000

Reference no: EM132608195

Questions Cloud

What method of instruction is a challenge for learning style : What type of training most appeals to people with a similar learning style to you? What method of instruction is a challenge for this learning style group?
Prepare journal entries record in ledger accounts : Master's degree in computer science, Prepare journal entries, record them in ledger accounts and prepare the trial balance
Explain why long-term care services emerged : Explain why long-term care services emerged. Which social environmental issue is the primary reason why the need for long-term care services
What is Nock Cash Conversion Cycle in days : Accounts Receivable $193, an Average Sales per Day of $13, and a Days Payable Outstanding of 4. What is Nock's Cash Conversion Cycle in days
What is the gross margin for vegas : Vegas produced and sold 10,000 units. If the product sells for $100, what is the gross margin? Variable marketing and administrative
What is the present value of the bond today : If the current interest rate demanded by the market is 0.15, what is the present value of the bond today? The bond has a par value of $1,000
Financial impact of reversing the current situation : Consider that you are the healthcare manager at First Life Community Hospital. What is the financial impact of reversing the current situation?
Calculate the company earnings per share on common stock : Calculate the company's earnings per share on common stock. Determine the times interest earned. Round your answer to one decimal place.
Post a rewritten version of your topic and objectives : Post a rewritten version of your topic and objectives for your training and development plan (originally submitted for the Week 2 Two Exercise).

Reviews

Write a Review

Accounting Basics Questions & Answers

  Casual comfort textiles corporation began january with a

casual comfort textiles corporation began january with a budget for 30000 hours of production in the weaving

  Explain the merits of incrementalism in your map

Explain the merits of incrementalism in your MAP and possible consequences if incrementalism is not utilized. Finally, rearrange your key action steps into.

  What is reengineering? what are the potential benefits

What is reengineering? What are the potential benefits of performing a process redesign?

  Selected transactions for protheroe corporation

Selected transactions for Protheroe Corporation during its first month in business are presented below.

  What is the difference between price and cost

What is the difference between price and cost in the current costing section of financial accounting

  Determine the cost analysis and business planning

Provide calculations and a solution for total variable costs, break even in sales volume (number of members), break even in sales (in dollars)

  Calculate the var

Calculate the VaR for 7 days at the 95% confidence level. Calculate the VaR for 28 days at the 95% confidence level

  What is the ferguson federal income taxes

What is the Ferguson's 2010 federal income taxes payable or refund, including any self-employment tax and AMT, if applicable

  Compute the budgeted manufacturing overhead rate

Proration of overhead. (Z. Iqbal, adapted) The Zaf Radiator Company uses a normal-costing system with a single manufacturing overhead cost pool.

  Compute the companys return on common stockholders

Determine the company's net income and earnings per share for 2021 and 2022.Compute the company's return on common stockholders

  The machine,s useful life

The machine,s useful life was expected to be five years with no residual value.

  What was the estimated issue price of these bonds

What was the estimated issue price of these bonds on January 1, 2018? What the bond issue price will be if interest is paid semiannually

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