Falmouth Kettle Company, a U.S. corporation, sells its products in the United States and Europe....
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Falmouth Kettle Company, a US corporation, sells its products in the United States and Europe. During the current year, selling, general, and administrative SG&A expenses included: Personnel department $ Training department Presidents salary Sales managers salary Other general and administrative Total SG&A expenses $ Falmouth had $ of gross sales to US customers and $ of gross sales to European customers. Gross income sales minus cost of goods sold from domestic sales was $ and gross income from foreign sales was $ Apportion Falmouth's SG&A expenses to foreign source and US source income using the following methods: a Gross sales. Do
Falmouth Kettle Company, a US corporation, sells its products in the United States and Europe. During the current year, selling, general, and administrative SG&A expenses included:
Personnel department $
Training department
Presidents salary
Sales managers salary
Other general and administrative
Total SG&A expenses $
Falmouth had $ of gross sales to US customers and $ of gross sales to European customers. Gross income sales minus cost of goods sold from domestic sales was $ and gross income from foreign sales was $
Apportion Falmouth's SG&A expenses to foreign source and US source income using the following methods:
a Gross sales. Do
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