BUA 202 Lecture Notes - Lecture 2: Earnings Before Interest And Taxes, Finished Good, Gross Margin

• School: University of Maine
• Department: Business Administration
• Course: BUA 202
• Professor: barrett

Document Summary

The rent would most likely be prorated on the basis of the amount of space occupied by manufacturing, selling, and administrative operations. X offices: cost of leasing the corporate jet used by the company"s executives, the cost of renting rooms at a florida resort for the annual sales conference, the cost of packaging the company"s product 15,000: the cost of goods sold section of mason company"s income statement: Cost in raw materials inventory at april 30: batteries used in production (7,600 100) Motorcycles completed and transferred to finished goods (90% 7,500) Motorcycles still in work in process at april 30 Cost in work in process inventory at april 30: motorcycles completed and transferred to finished goods (see above) Motorcycles sold during the month (70% 6,750) Motorcycles still in finished goods at april 30 Cost in finished goods inventory at april 30: motorcycles sold during the month (above)