Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 1 & 2 please!!! ax incorporated reports

1 & 2 please!!! ax Incorporated reports...

70.2K

Verified Solution

Question

Accounting

1 & 2 please!!! image
image
ax Incorporated reports the following data for its only product. The company had no beginning finished goods inventory and it uses bsorption costing. 1. Compute gross profit assuming (o) 78,000 units are produced and 78,000 units are sold ond (b)116,000 units are produced and 78,000 units are sold. 2. By how much would the company's gross profit increase or decrease from producing 38,000 more units than it sells? Complete this astion by entering your anowers is the tabs below. Jax Incorporated reports the following data for its only product. The company had no beginning finished goods inventory and it absorption costing. 1. Compute gross profit assuming (a) 78,000 units are produced and 78,000 units are sold and (b)116,000 units are produced and 78,000 units are sold. 2. By how much would the company's gross profit increase or decrease from producing 38,000 more units than it sells? Complete this question by entering your answers in the tabs below. By how inuch wauld the company's gross profit increase of decrease from producing 38,000 more units than it sells

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A golfer hits an errant tee shot that lands in the rough A marker in...

Basic Math
Q

A medical school claims that more than 28% of its students plan to go into general...

Statistics
Q

A 24-year-old female visits her GP after having been in an automobile accident three days prior....

Medical Sciences
Q

What are the advantage and disadvantage of using the advanced technology in the field of engineering.  

Mechanical Engineering
Q

A rope of negligible mass is stretched horizontally between two supports that are 2.81 m apart....

Physics
Q

Monochromatic light of wavelength 300 nm is incident normally on a surface of area 4cm...

Physics
Q

Match each function name with its equation vy z Y y z z y y...

Basic Math
Q

Form the negation of the statement.Saturday does not come before Sunday.Choose the correct answer below.A....

Basic Math
Q

16 16 5 316 10n 103 A 10 6 C 3 5 20 B 2...

Algebra
Q

Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present,...

Accounting
Q

Security Technology Incorporated (STI) is a manufacturer of an electronic control system used in the...

Accounting
Q

What amount of cash would result at the end of one year, if $19,000 is...

Accounting