Answer:
d. Finished Goods 400,000 Work in Process 400,000
Explanation:
Based on the information given the appropriate entry to record the transfer of costs from work in process to finished goods will be to Debit Finished Goods 400,000 and Cedit Work in Process 400,000 reason been that we were told that The cost of production of the completed and finished goods during the period was the amount of $400,000.
Dr Finished Goods 400,000
Cr Work in Process 400,000
Answer:
$47,000
Explanation:
Cedar Grove Industries CVP Income Statement for Month Ending May, 2017
Total Per Unit
Sales ($49×7,600) $372,400 49
Less Variable Cost
($28×7,300) $204,400 28
Contribution Margin $168,000 21
Less Fixed Cost$121,000
Net Income (loss)$47,000
She would have a required fixed amount of money set aside for donations to non profit organizations
Organizations that have never dealt with one or never established an Earned Value Management System frequently undervalue the importance of the IBR (EVMS). An IBR: Offers a chance to contrast the expectations of the Customer Program Manager(s) with those of the Contractor Program Managers who are actually executing the project.
<h3>Why is an integrated baseline review important?</h3>
The IBR creates a shared knowledge of the baseline for project performance measurement. Through this knowledge, a plan of action for assessing the risks present in the program's performance measurement baseline and the management procedures in use during project execution will be agreed upon.
<h3>What is earned value management?</h3>
In order to monitor progress against a baseline, identify issues, and anticipate cost (and, to some extent, schedule) at completion, Earned Value Management (EVM), a project performance management technique, integrates cost, schedule, technical scope, and risk.
Learn more about integrated baseline review: brainly.com/question/14319126
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Answer:
$120,000
Explanation:
Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash
The computation is shown below:
Cash flow from Investing activities
Sale of land $100,000
Sale of equipment 50,000
Less: Purchase of equipment -30,000
Net Cash flow from Investing activities $120,000
The other transactions are related to the financing activity so we do not consider it in the computation part
