Chapter 20, Problem 8PSA

Conversion cost per unit equals $6. Total materials costs equal $60,000. Equivalent units for materials are 12,000. How much is the total manufacturing cost per unit? A. $15 B. $11 C. $13 D. $14 MCQ

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Determine the value of capital on these financial accounting question

Hudson Industries has income from operations of $48,000, invested assets of $240,000, and sales of $840,000. Use the DuPont formula to compute the rate of return on investment (ROI).

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What is its profit margin for the financial accounting?

Compute the percentage of total return? Accounting

Hudson Drilling & Mining (HDM) currently generates $90,000 in annual credit sales. HDM sells on terms of net 45, and its accounts receivable balance averages $15,000. HDM is considering a new credit policy with terms of net 30. Under the new policy, sales will decrease to $85,000, and accounts receivable will average $17,000. Compute the days sales outstanding (DSO) under the existing policy and the proposed policy.