The data presented below are for a retail organization and a manufacturing organization. 1. Fill in the
Question:
The data presented below are for a retail organization and a manufacturing organization.
1. Fill in the missing data for the retail organization:
2. Fill in the missing data for the manufacturingorganization:
Transcribed Image Text:
First Second Third Fourth Quarter Quarter Quarter Quarter Sales Gross margin Ending merchandise inventory Beginning merchandise inveniory Ner cost of purchases Operating income Operating expenses Cost of goods sold Cost of goods available for sale 9 2 j 11 6 12 15 15 First Second Third Fourth Quarter Quarter Qarer Quarter Ending finished goods invensory Cost of goods sold Operating income Cost of goods available for sale Cost of goods manufactured Gross margin Operating expenses Beginning finished goods inventory Sales 10 13 b 10 k 14
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
1 Missing data for the retail organization calculated First Quarter a Gross Margin Sales Cost of Goods Sold 9 5 4 c Operating Expenses Gross Margin Op...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Cost Accounting questions
-
The data that follow are for a retail organization and a manufacturing organization. 1. Fill in the missing data for the retail organization: 2. Fill in the missing data for the...
-
The data presented below are for retail sales in the United States quarterly from the period 1992Q1 through 2003Q4. Also included is disposable personal income per capita (DPIPC) (to use as a measure...
-
The accounts listed below are for a wholly owned foreign subsidiary. In the space provided indicate the exchange rate that would be used to translate the accounts into Australian dollars. Use the...
-
Construct a cumulative relative frequency histogram. Use the following information to answer question. Suppose a class of high school seniors had the following distribution of SAT scores in English....
-
Stephanie is a twelve-year old who often assists neighbors on weekends by babysitting their children. Calculate the 2014 standard deduction Stephanie will claim under the following independent...
-
Swifty Inc. finished Job B 1 4 during 2 0 2 2 . The job cost sheet listed the following:Direct materials$ 6 5 7 0 0 Direct labour$ 3 6 6 0 0 Manufacturing overhead applied$ 2 4 4 0 0 Units produced 3...
-
P 46 Use the Standard Normal Table or technology to find the z-score that corresponds to the cumulative area or percentile. Table 4-Standard Normal Distribution Arca Z 0 Z .09 .08 .07 .06 .05 .04 .03...
-
On December 1, delivery equipment was purchased for $7,200. The delivery equipment has an estimated useful life of four years (48 months) and no salvage value . Using the straight-line depreciation...
-
Can you comment to these two posts of my classmates its discussion questions and i need to comment in two of them? To me, what makes someone beautiful changes in stages. My first initial perception...
-
A standing wave on a rope is represented by the following wave function: where x and y are in meters and t is in seconds. (a) Write wave functions for two traveling waves that when superimposed will...
-
Presented below are incomplete inventory and income statement data for Toliver Corporations. Determine the missingamounts. Beginning Ending Finished Finished Cost of Goods Cost of Goods Sold...
-
Waltz Company manufactures music boxes. Seventy percent of its products are standard items produced in long production runs. The other 30 percent are special orders with specific requests for tunes....
-
The U.S. Postal Service regularly raises the price of a first-class stamp but continues to operate in the red year after year. Is uniform delivered pricing the best choice for first-class mail?...
-
Sketch the graph of each equation in Problems 3-30. \(y=2 x^{3}\)
-
Use the numbers for the alcohol and tobacco category from the table in the Application "Goods with a Large Consumer Surplus Loss from Price Increases" to draw a figure that illustrates the roles that...
-
Sketch the curves using the equations given in Problems 28-51. \(\frac{x^{2}}{4}-\frac{y^{2}}{9}=1\)
-
Sketch the curves using the equations given in Problems 28-51. \(3 y^{2}=4 x^{2}+12\)
-
Sketch the curves using the equations given in Problems 28-51. \(3 y^{2}=4 x^{2}+5\)
-
What are the capabilities needed to be a broad adaptive cost leader?
-
Use integration by parts to evaluate the following. Check your answer by taking the derivative. x2e-xdx
-
Write balanced half-reactions and devise a galvanic cell (write a cell diagram) to study each of the following reactions: (a) Pb(NO3)2(aq) + KSO4(aq) PbSO4(s) + 2 KNO3(aq), a precipitation reaction...
-
For each independent situation below, calculate the missing values for Owners Equity. Beginning Balance + Investments - Distributions = Ending Balance $ 0 $ 14,333 ? 11,107 ? 47,439 110,439 39,533 ?...
-
Each situation below relates to an independent companys Owners Equity. A. Calculate the missing values. B. Based on your calculations, make observations about each company. Co.1 Co.2 Co.3 Beginning...
-
For each of the following ten independent transactions, provide a written description of what occurred in each transaction. Figure 2.4 might help you. Data from in Figure 2-4 1 234567890 10 Cash...
-
Calculate the following showing all the necessary steps: Note: CPP rate to be used in the calculation is 5.95%. Note: Don't forget to deduct pay period exemption\ \ Tanya earns $25.00 per hour. This...
-
Harley-Davidson, inc. (HOG), is a leading motorcycle manufacturer in the United States. The company manufactures and sells a number of different types of motorcycles, a complete line of motorcycle...
-
What is the net income for this period and total assets on this balance sheet Use the following adjusted trial balance to answer questions 22-25. Cash $ 6,530 Accounts Receivable 2,450 Prepaid...
Study smarter with the SolutionInn App