Chapter 1, Problem 10P

What is the book value of the machinery at the end of year 8 on these general accounting question?

Calculate the gross margin ratio

general accounting question

Residual claims stark, inc. is obligated to pay its creditors 14300 very soon

The factory janitor's salary is a: a. Product and direct material cost. b. Product and direct labor cost. c. Product and manufacturing overhead cost. d. Period cost and Selling and Marketing expense. e. Period cost and General and Administrative expenses.

In Bramble Corp.'s income statement, they report a gross profit of $44,000 at standard and the following variances: Materials price $420 F Materials quantity 600 F Labor price 420 U Labor quantity 1,000 F Overhead 900 F Bramble would report an actual gross profit of: a. $40,660. b. $47,340. c. $41,500. d. $46,500.

financial accounting question

U-Too Everwear Corporation can manufacture mountain climbing shoes for $31.15 per pair in variable raw material costs and $22.50 per pair in variable labor expenses. The shoes sell for $156 per pair. Last year, production was 120,000 pairs. Fixed costs were $1,235,000. a. What were total production costs? b. What is the marginal cost per pair? c. What is the average cost per pair? d. If the company is considering a one-time order for an extra 5,000 pairs, what is the minimum acceptable total revenue from the order?  Provide answer to me of this accounting question

General Accounting Question