For March, sales revenue is $1,000,000, sales commissions ar…

For March, sales revenue is $1,000,000, sales commissions are 5% of sales, the sales manager’s salary is $80,000, advertising expenses are $65,000, shipping expenses total 1% of sales, and miscellaneous selling expenses are $2,100 plus 1% of sales. Total selling expenses for the month of March are

Privett Company Accounts payable $34,356 Accounts receiv…

Privett Company Accounts payable $34,356 Accounts receivable 65,205 Accrued liabilities 6,085 Cash 17,825 Intangible assets 44,653 Inventory 81,014 Long-term investments 90,618 Long-term liabilities 75,130 Marketable securities 32,175 Notes payable (short-term) 29,134 Property, plant, and equipment 636,438 Prepaid expenses 1,556 Based on the data for Privett Company, what is the amount of working capital?

Given the following data: Cost of materials used $45,000…

Given the following data: Cost of materials used $45,000 Direct labor costs 48,000 Factory overhead 39,000 Work in process, beginning 28,000 Work in process, ending 18,000 Finished goods, beginning 28,000 Finished goods, ending 18,000 What is cost of goods sold?

Miller and Sons’ static budget for 9,900 units of production…

Miller and Sons’ static budget for 9,900 units of production includes $37,100 for direct materials, $45,500 for direct labor, variable utilities of $6,000, and supervisor salaries of $15,500. A flexible budget for 13,300 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations.