Homework answers / question archive / From the following information find out the requirements: Beginning Merchandise Inventory $20,000 Sales commission $ 5,890 Direct wage $ 1, 00,000 Other direct Expenses $10% of direct wage Factory Rent $ 11,000 Factory Building depreciation $ 20,000 Office managers salary $ 18,000 Advertising $ 5,900 Purchase discount $800 Supplies $2,800 Sales discount $2,500 Sales [?] Closing Merchandise Inventory $15,000 Merchandise purchased $ 1, 10,000 Purchase returns $ 15,000 Purchase allowance $5,000 Freight in $ 11,000 Freight out $15,000 Requirements (Calculate any five [* (v)profit calculation is must for everyone]) [marks 5] (i) Prime cost (II) Conversion cost (iii)Product cost /manufacturing cost(iV)Cost of sales (v) Net sales and profit (assuming 16%) in % (vi) Raw material consumed ** take 16%

From the following information find out the requirements: Beginning Merchandise Inventory $20,000 Sales commission $ 5,890 Direct wage $ 1, 00,000 Other direct Expenses $10% of direct wage Factory Rent $ 11,000 Factory Building depreciation $ 20,000 Office managers salary $ 18,000 Advertising $ 5,900 Purchase discount $800 Supplies $2,800 Sales discount $2,500 Sales [?] Closing Merchandise Inventory $15,000 Merchandise purchased $ 1, 10,000 Purchase returns $ 15,000 Purchase allowance $5,000 Freight in $ 11,000 Freight out $15,000 Requirements (Calculate any five [* (v)profit calculation is must for everyone]) [marks 5] (i) Prime cost (II) Conversion cost (iii)Product cost /manufacturing cost(iV)Cost of sales (v) Net sales and profit (assuming 16%) in % (vi) Raw material consumed ** take 16%

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From the following information find out the requirements:
Beginning Merchandise Inventory $20,000
Sales commission $ 5,890
Direct wage $ 1, 00,000
Other direct Expenses $10% of direct wage
Factory Rent $ 11,000
Factory Building depreciation $ 20,000
Office managers salary $ 18,000
Advertising $ 5,900
Purchase discount $800
Supplies $2,800
Sales discount $2,500
Sales [?]
Closing Merchandise Inventory $15,000
Merchandise purchased $ 1, 10,000
Purchase returns $ 15,000
Purchase allowance $5,000
Freight in $ 11,000
Freight out $15,000

Requirements (Calculate any five [* (v)profit calculation is must for everyone]) [marks 5]
(i) Prime cost (II) Conversion cost (iii)Product cost /manufacturing cost(iV)Cost of
sales
(v) Net sales and profit (assuming 16%) in %
(vi) Raw material consumed
** take 16%. for profit calculation and find your % of profit
margin ?**