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Tju [1.3M]
2 years ago
8

I need HELP

Business
2 answers:
daser333 [38]2 years ago
5 0

A hotel allows travelers concerned about personal con tact to access rooms with an a pp instead of a key.

RoseWind [281]2 years ago
4 0

Answer:

A)  is ur answer..

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D. Database Administrator

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How has Chinese economic growth benefited the Australian economy?
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First, rising wages and consumer demand will increase demand for more sophisticated manufactured goods (where Australia has some niches of excellence, for example, in medical devices) and for services such as tourism (where China is already an important market).

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full credit to them and their work. Check them out for more info on your topic)

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2. How are school rules similar to state and federal laws? What woud the typical American high school be like if there were no r
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4 years ago
Key differences exist when an integrated Enterprise Resource Planning system (ERP) replaces an existing AIS or legacy system. Fo
Aleks [24]

Answer:

a. Inventory records

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Inventory records -

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It is also known as stock record.

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The correct answer is inventory records.

5 0
4 years ago
The following information is available for Aikman Company. January 1, 2022 2022 December 31, 2022 Raw materials inventory $21,00
vodka [1.7K]

Answer:

a. $537,300

b.            Aikman Company  

             Income Statement  

For the year ended December 31, 2022  

 

Sales Revenue                 $910,000

Less: Cost of goods sold  

Raw material, beginning               21,000

<u>Add:Purchases                  150,000 </u>

Raw materials available    171,000

<u>Less: Raw material, end    30,000 </u>

Cost of raw material used    141,000

<u>Add: Direct labor                  220,000</u>

Prime Cost                           361,000

<u>Add: Factory overhead   180,000 </u>

Manufacturing cost            541,000

Add: Work in process, beginning   13,500

<u>Less: Work in process, Ending     17,200 </u>

Cost of Goods Manufactured  537,300

Add: Finished Goods, beginning   27,000

<u>Less: Finished Goods, Ending    21,000</u>

<u>Cost of Goods Sold          543,300</u>

Gross Profit                 $366,700

c. Raw materials, ending $30,000

Work in process, ending $17,200

<u>Finished goods, ending $21,000</u>

Total inventory               $68,200

d. The difference in the balance sheet and income statement of Aikman Company to Merchandising company is that, Aikman income statement consists of expenses arising from the manufacturing of goods that the merchandising company never incur. In addition to that, Aikman Company has ending inventory of Raw materials, work in process and finished goods while the other merchandising company only has ending inventory of good purchased not yet sold.

Explanation:

a. Aikman's statement of goods manufactured is presented below.    

               Aikman Company

Statement of Cost of Goods Manufactured

For the year ended December 31, 2022

Raw material, beginning               21,000

<u>Add:Purchases                  150,000 </u>

Raw materials available    171,000

<u>Less: Raw material, end    30,000 </u>

Cost of raw material used    141,000

<u>Add: Direct labor                  220,000</u>

Prime Cost                           361,000

<u>Add: Factory overhead   180,000 </u>

Manufacturing cost            541,000

Add: Work in process, beginning   13,500

<u>Less: Work in process, Ending     17,200 </u>

Cost of Goods Manufactured  537,300

b. Income statement of Aikman starts from the sales revenue that the company incurs for the period and then deduct the cost of goods sold to arrive the gross profit.

c. Aikman's inventory balance consists of Raw materials, work in process and finished goods balances.

8 0
4 years ago
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