Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Bria Furniture sells bed frames and mattresses. One of its products is a premium therapeutic bed set produced by OmniSleep, which comes with a mattress and a bed frame. Bria offers a package consisting of the mattress, the frame, and on-site installation by its staff. All of these components can be sold separately, as often done by other vendors, so Bria concludes that these are separate performance obligations. Bria sells the OmniSleep package for $4,800. The mattress and the frame are sold separately for $2,900 and $1,770, respectively. Other vendors in the same area typically charge $370 for on-site installation. Bria does not sell on-site installation separately. On average, the prices charged by Bria are 10% higher than those of its competitors. Bria estimates that it incurs about $130 of compensation and other costs to provide the installation service. The profit margin over cost is estimated to be approximately 40%
Required:
a. Estimate the stand-alone selling price of the installation service using the adjusted market assessment approach.
b. Estimate the stand-alone selling price of the installation service using the expected cost plus margin approach.
c. Estimate the stand-alone selling price of the installation service using the residual approach
Factory overhead includes:
If the cost of goods manufactured during the year amounted to $665,000 and annual sales were $998,000, how much is the amount of gross profit for the year?
Prepare a financial statement for 2014 had
Describe each transaction effect on the stockholders equity accounts and the total stockholders equity.
In which one of the following examples is the instrument negotiable?
Identify and strengths and/or weakness you identified in your analysis. and Any recommendations you feel are warranted at this time.
Jansen Inc. acquired all of the outstanding common stock of Merriam Co. on January 1, 2010, for $257,000. Annual amortization of $19,000 resulted from this acquisition. Jansen reported net income of $70,000 in 2010 and $50,000 in 2011 and paid $22,00..
Cash budget The monthly cash budgets for the second quarter of 2010 follow ($000 omitted) for Morrison Mfg. Co
Jasper Co. which is not a member of an affiliated group has gross income from operations of $425,000, and deductible expenses of $390,500. Dividends of $275,000 were received from more than 20% owned U.S. corporations.
Complete the Balance Sheet using the information on the Post Closing Trial Balance and determine the amount of Merchandise Inventory lost and prepare the entry to write off the lose.
Develop the standard cost for the direct-cost components of a 10-gallon batch of strawberry jam - Compute estimated cash collections during October from credit sales.
Evaluate the internal rate of return for each project
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd