Maurice Tutor

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About Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 26 Jul 2017 My Price 3.00

Parker Manufacturers

Parker Manufacturers produces can openers. For the first six months of 2008, the company reported the following operating results while operating at 80% of plant capacity. Sales $4,000,000 Cost of Goods Sold $2,500,000 Gross Profit $1,500,000 Operating expenses $1,000,000 Net Income $500,000 Cost of Goods sold was 70% variable and 30% fixed. Operating expenses were 70% variable and 30% fixed. In September 2008, Parker Manufacturers receives a special order for 20,000 can openers at $7.50 from a foreign company. Acceptance of the special order would result in $7,000 of shipping costs but no increase in fixed operating expenses.

Answers

(5)
Status NEW Posted 26 Jul 2017 11:07 AM My Price 3.00

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