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grandymaker [24]
2 years ago
10

Given: Cost of goods manufactured of $410,000; beginning finished goods inventory of $110,000 and ending finished goods inventor

y of $125,000, calculate unadjusted cost of goods sold.
Business
1 answer:
hammer [34]2 years ago
4 0

$395k is the unadjusted cost of goods sold.

The direct costs incurred in the production of any goods or services are measured by the term "cost of goods sold" (COGS).

How is the unadjusted cost of goods determined?

= Cost of producing the goods - ( Ending finished goods -Beginning finished goods inventory )

= $410,000 - ($125,000 - $110,000)

= $410,000 - $15,000

= $395,000

Consequently, $395,000 represents the unadjusted cost of goods sold.

<h3>What is Unadjusted cost?</h3>

Unadjusted basis is the asset's original acquisition price. This sum includes the asset's initial purchase price as well as any additional costs, such as expenses and liabilities taken on during the transaction.

To know more about Unadjusted cost check this out:brainly.com/question/23774073

#SPJ4

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4 0
1 year ago
The recognition of the need for organizations to improve the state of people, the planet, and profit simultaneously if they are
romanna [79]

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In simple terms, a firm should be termed more successful than others if it's activities besides being profitable also impacts positively on people and protects if not improves the environment.

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3 years ago
While Sony and Microsoft focused on the graphics and raw processing power favored by hard-core male gamers, Nintendo chose to de
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Answer:

While Sony and Microsoft focused on the graphics and raw processing power favored by hard-core male gamers, Nintendo chose to develop a machine to appeal to families, women, and age groups that normally shunned violent games.

The strategy adopted by Nintendo in this example is the _____ strategy.

C) blue ocean

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3 years ago
Your parents put $300 into an account paying 11 percent interest for you when you were ten. Ten years later they tell you that y
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Answer:

The balance in the account = $851.8

Explanation:

The future value of a lump sum is the amount expected at a future date when a sum of money is invested today at a particular rate of interest for certain number of years

.

This implies compounding the initial amount invested ($300) at the given interest rate(11%) for 10 years.This will be done as follows:

<em />

FV = PV × (1+r)^(n)

FV-Future value

r- rate of return per period

n- Number of period

PV - 300

r-11%

DATA

FV- ?

PV - 300

n- 10

FV= 300 × 1.11^10 = 851.83

The balance in the account = $851.8

3 0
3 years ago
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