Stein Jewellery had the following data (in thousands of South African rands, ZAR) for a given period.
Question:
Stein Jewellery had the following data (in thousands of South African rands, ZAR) for a given period. Assume there are no inventories. Fill in the blanks.
Transcribed Image Text:
Sales ZAR 370 Direct materials Direct labour Indirect manufacturing Manufacturing cost of goods sold Gross margin Selling and administrative expenses 780 120 Operating income Prime costs (direct materials + direct labour) 20 600
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
Answers are in thousands of rands Prime costs Direct material Direct labour 600 370 DL DL 230 Th...View the full answer
Answered By
Stacy kosgei
I offer quality, original and timely services; Highly credible and void of plagiarism. Your success is my pleasure.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
Question Posted:
Students also viewed these Business questions
-
Raynards Jewellery had the following data (in thousands) for a given period. Assume there are no inventories. Fill in the blanks. Sales...
-
Peterson Jewelry had the following data (in thousands of South African Rands, ZAR) for a given period. Assume there are no inventories. Fill in the blanks. Sales ZAR . ___ Direct materials . 355...
-
Spadoni Company had the following data (in thousands) for a given period. Assume there are no inventories. Direct labor .............. $165 Direct materials ........... 160 Variable indirect...
-
Complete your review of the Stevens District Hospital Strategic Planning Scenario, you have been asked to provide a presentation to the governing board of the hospital. This board is comprised of the...
-
A 25.0-mH inductor, with internal resistance of 25.0 , is connected to a 110-V rms source. If the average power dissipated in the circuit is 50.0 W, what is the frequency? (Model the inductor as an...
-
To illustrate that the length of a smooth space curve does not depend on the parametrization you use to compute it, calculate the length of one turn of the helix in Example 1 with the following...
-
Northern Group, Inc., is a Wisconsin corporation that contracts with manufacturers and suppliers to develop marketing strategies and promotions to third-party retailers. In exchange for these...
-
At May 31, 2014, the accounts of Mantle Company show the following. 1. May 1 inventoriesfinished goods $12,600, work in process $14,700, and raw materials $8,200. 2. May 31 inventoriesfinished goods...
-
as Suppose X is a normal variable with mean and variance 2. Let f(x) be the density function of X. For a constant 0, define the tilted density function fo(x) = f(x)ex Mo where Me is the normalization...
-
A multiple regression model was used to relate y = viscosity of a chemical product to x1 = temperature and x2 = reaction time. The data set consisted of n = 15 observations. (a) The estimated...
-
Anzola Company had the following data (in millions) for a recent period. Fill in the blanks. There were no beginning or ending inventories. $920 a. Sales b. Direct materials used c. Direct labour...
-
Jackson Company had the following data (in thousands) for a given period. Assume there are no inventories. Compute (a) the variable manufacturing cost of goods sold, (b) the variable selling and...
-
Is the following statement correct or incorrect: If a firm operating in a monopoly or imperfectly competitive industry is trying to maximize profits, it will always charge the highest price that the...
-
What services does Africa provide? What products does Africa provide?
-
Explain how you would reduce the amount of airborne particles within an automotive Workshop.
-
What myths does body language expert, Joe Navarro, debunk about body language? How does Navarro assess an individual? What sort of behavior is he looking for? Give at least two (2) examples.
-
1. Consider the graph in Figure 1. A is the start node and G is the goal, and we need to find the path with minimum cost. Table 1 contains different heuristics h1 and h2. 3 Figure 1 Node A B C D E F...
-
Pat is a shareholder in Muddled Thinking Limited (MTL) and owns 10 percent of the company's shares. She has received an offer from MTL to repurchase some of her shares as part of a non pro rata...
-
Arm ABC is connected by pins to a collar at B and to crank CD at C. Neglecting the effect of friction, determine the couple M required to hold the system in equilibrium when θ = 90°....
-
Which internal control principle is especially diffi cult for small organizations to implement? Why?
-
Designing a Balanced Scorecard Wells Fargos web page (https://www .wellsfargo.com/pdf/invest_relations/VisionandValues04.pdf) states that the companys vision is to satisfy all our customers financial...
-
Designing a Balanced Scorecard for a pharmaceutical company Chadwick, Inc.: The Balanced Scorecard (Abridged)14 Company Background Chadwick, Inc., was a diversified producer of personal consumer...
-
Designing a Balanced Scorecard strategy map for an auto parts manufacturing company Domestic Auto Parts (DAP), 16 a $1 billion subsidiary of a U.S. auto parts manufacturing company, manufactured and...
-
If you were running a campaign that had lower than expected impressions, what should you do?
-
1. Develop a definition for the Triple C model of project management. 2. List some of the factors that can impede the flow of information for project planning purposes. How can these factors be...
-
The Meat Mart has $900,000 in net income. The firm has 200,000 shares of stock outstanding. The market price per share is $76. What is the PE (price to earnings) ratio?
Study smarter with the SolutionInn App