User Account

All Pages

What is the gross profit for dulls

Assignment Help Accounting Basics
Reference no: EM131577524

Question - Garden of Eden Company manufactures two products, Brights and Dulls, from a joint process. A production run costs $50,000 and results in 250 units of Brights and 1,000 units of Dulls. Both products must be processed past the split-off point, incurring separable costs for Brights of $60 per unit and $40 per unit for Dulls. The market price is $250 for Brights and $200 for Dulls.

What is the gross profit for Dulls assuming the constant gross margin percentage method is used?

Reference no: EM131577524

Questions Cloud

What is the amount of joint costs assigned to product y : What is the amount of joint costs assigned to Product Y using the sales-value-at-split-off method
What are the advantages of constructing genograms : What are the advantages and disadvantages of constructing genograms versus talking with family members about their immediate concerns .
How we do business and communication : Which are the most compelling and which do you believe will serve to enhance how we do business and communication.
How has class discussion influenced your thinking : Based on your experience, how can you apply content from these readings to your work as a counselor?
What is the gross profit for dulls : Garden of Eden Company manufactures two products, What is the gross profit for Dulls assuming the constant gross margin percentage method is used
Discuss how the tax benefits and present value : Discuss how the tax benefits and present value would change if a different method of depreciation was used.
What role did wto play in the dispute : Begin by reading the following two articles from this session's readings list, conduct your own scholarly and reliable non-scholarly research.
Coupon rate should bonds have in order to sett at par value : Assume that if interest rates fall the bonds will be called What coupon rate should the bonds have in order to sett at par value?
Which one of the following is a public corporation : Which one of the following is a public corporation? The date on which the directors announce a future dividend payment to stockholders is called the

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the desired units of ending direct materials

If 52,000 direct materials units are required in production and there are 7,000 units of beginning direct materials, what is the desired units of ending direct materials?

  Journalize the april transactions credit account titles are

harrelson company manufactures pizza sauce through two production departments cooking and canning. in each process

  Prepare the journal entries by nci industries

1.At January 1, 2013, NCI Industries, Inc., was indebted to First Federal Bank under a $240,000, 10% unsecured note.

  You have recently been employed by a large retail chain

you have recently been employed by a large retail chain that sells sporting goods. one of your tasks is to help prepare

  Journalize stock entries-make stockholder equity section

Milner Corporation has been authorized to issue 20,000 shares of $100 par value, 10% noncumulative preferred stock and 1,000,000 shares of no-par common stock. The corporation assigned a $5 stated value to the common stock. Prepare the journal ent..

  A potential customer has contacted the firm and offered to

consider the following information prepared based on a monthly capacity of 80000 unitsnbspcategorycost per unitvariable

  Annual depreciation charge using the straight-line method

Simple SA has just purchased a roasting/salting machine to produce roasted walnuts. The finance director asks for your advice on how the company should calculate the depreciation on this machine. Details are as follows:

  Find the values of gm and ro

He transistor has a 0.5-μmchannel length and is operated with an overdrive voltage of 0.15 V. What must W be for the NMOS transistor to operate at ID = 100 μA? Also, find the values of gm and ro.

  Solution in addressing ethical problems

Are laws and regulations the problem or the solution in addressing ethical problems? Explain. What would be an alternative?

  Mason inc produces handbags the production budget for the

mason inc. produces handbags. the production budget for the next four months is july 5000 units august 7000 september

  Determine the break-even time for the given equipment

Soles, a shoe manufacturer, is evaluating the costs and benefits of new equipment that would custom fit each pair of athletic shoes.

  Overhead based on direct labor hours

The actual manufacturing overhead cost for the year was $602,000 and the actual direct labor cost for the year was $456,000. Actual direct labor hours totaled 40,200 and machine hours totaled 79,000. Samli applies overhead based on direct labor ho..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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