Acompany has the following cost information: units produced and sold 10,000 direct materials $75,000 direct labor hours per unit 1.0 direct labor rate $10 per hour variable manufacturing overhead 40% of direct labor fixed manufacturing overhead $25,000 variable selling and administrative expenses $6 per unit fixed selling and administrative expenses $20,000 calculate total period costs using variable costing.

3. now assume that carnival booked lady antebellum in december 2016 to perform on the june 2017 western caribbean cruise. further assume that carnival pays lady antebellum its entire performance fee of $52,000 on december 28, 2016, for the june 2017 cruise. what journal entry will carnival make on december 28, 2016, for its payment to lady antebellum?

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)

In microeconomics, the point at which supply and demand meet is called the blank price