Answer:
$234,000
Explanation:
cost of goods manufactured = beginning work in process + direct materials + direct labor + manufacturing overhead cost applied - ending work in process
cost of goods manufactured = $25,000 + $65,000 + $95,000 + $69,000 - $20,000 = $234,000
cost of goods sold = beginning finished inventory + cost of goods manufactured - ending finished inventory + underapplied overhead
cost of goods sold = $54,000 + $234,000 - $58,000 + $2,000 = $232,000
Answering the question, someone with a bachelor’s degree earns <u>1.6</u> times more than someone with a high school diploma
The figures analyzed by the US Department of Education’s National Center for Education every two years show that someone with a bachelor’s degree earn more than a person that possess a high school diploma.
<h2>Further Explanation</h2>
The NCES analysis in 2015, shows that adults with bachelor’s degree <u>$48,000</u> in a year while those with high school diploma earns <u>$23,900</u> yearly.
This analysis also shows that in the last 20 years the salary of someone with a bachelor’s degree has significantly increased while the salary of those with a high school diploma has also reduced significantly.
<u>A bachelor’s degree</u> is an undergraduate degree that is offered by four-year schools such as public, private, online colleges or universities.
Anyone that has a bachelor’s degree clearly shows they have fully and dully completed a general education in a certain major. To earn a bachelor’s degree, you must have fully completed 120 or 128 credit hours
On the other hand, a person will be awarded <u>a high school diploma</u> after graduation from high school. The certificate is mainly awarded by school and it is based on government rules or requirements. The high school diploma is an academic school leaving certificate.
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KEYWORDS:
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- high school diploma
- bachelor's degree
Answer:
$650,0000, $550,000
Explanation:
Actual investment is planned investment plus unplanned investment.
Planned investment = planned production minus expected sales, or $1,250,000 - $1,000,000 = $250,000
$250,000+ purchase of new equipment ($300,000) = $550,000.
Expected sales -Sales for the year
$1,000,000 - $900,000 = $100,000
$$550,000+$100,000=$650,000
Therefore Actual investment by Dave's Mirror Company equals $650,000 and planned investment equals $550,000
Answer and explanation:
The statements are correct because using the perpetual inventory system implies recording purchases and returns at the same moment items are received or sold. The Cost of Goods account is updated every time their inventory exists. On the other hand, the periodic inventory system records buying or selling activities following a schedule that could be every month, quarter or once per year. The Cost of Goods account is used occasionally.