User Account

All Pages

What would be the company gross margin

Assignment Help Accounting Basics
Reference no: EM132082190

Question - Ronald Products Co. incurred the following costs in 2006, the company's first year of operations: $28,000 for direct materials used in manufacturing; $42,000 for manufacturing equipment to be straight-line depreciated over five years with a $2,000 salvage value; $16,000 for office furniture to be straight-line depreciated over four years with no salvage value; $14,000 for utilities associated with the manufacturing facility; $4,000 for office utilities; $38,000 for the company president's salary; $24,000 for the manufacturing manager's salary; $48,000 for production workers' wages; and $22,000 for commissions paid to salespeople. If the company produced 7,625 units during the year and sold 6,400 units for $22 each, what would be the company's gross margin for 2006?

Reference no: EM132082190

Questions Cloud

Measuring and managing the performance of project : Project control is about measuring and managing the performance of a project.
Why job analysis is critical to the staffing function : Define staffing and explain why job analysis (JA) is critical to the staffing function.
What is the company contribution margin per unit : At its $25 selling price, Markov's Company has sales of $10,000, What is the company's contribution margin per unit
Steps for developing developing project scope statement : What are the steps for developing Developing a Project Scope Statement?
What would be the company gross margin : If the company produced 7,625 units during the year and sold 6,400 units for $22 each, what would be the company's gross margin for 2006
What is the total demand rate at the cashier per day : What is the total demand rate at the cashier per day?
What is the amount of track improvement cost : The East and West Railroad Company has two divisions, the East Division and the West Division. What is the amount of track improvement cost
Identifying the stakeholder requirements : Identifying the stakeholder requirements is one of the five essential components of a project plan.
An important aspect of this compensation simulation is : Why is making automation decisions important? An important aspect of this compensation simulation is:

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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