Business, 16.03.2022 05:40 southerntouch103
Marigold Corp. prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2021, Marigold Corp. reports the following activity: Sales on account $2060000 Cash sales 1103000 Decrease in accounts receivable 916000 Increase in accounts payable 112000 Increase in inventory 79000 Cost of goods sold 1574000 What is the amount of cash payments to suppliers reported by Marigold Corp. for the year ended December 31, 2021
Answers: 1
Business, 22.06.2019 05:30
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Why has the free enterprise system been modified to include some government intervention?
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Business, 22.06.2019 21:10
Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?
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Business, 22.06.2019 23:30
Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?
Answers: 3
Marigold Corp. prepares its statement of cash flows using the direct method for operating activities...
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