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OleMash [197]
1 year ago
12

luebke incorporated has provided the following data for the month of november. the balance in the finished goods inventory accou

nt at the beginning of the month was $54,000 and at the end of the month was $30,200. the cost of goods manufactured for the month was $213,000. the actual manufacturing overhead cost incurred was $55,600 and the manufacturing overhead cost applied to work in process was $58,800. the company closes out any underapplied or overapplied manufacturing overhead to cost of goods sold. the adjusted cost of goods sold that would appear on the income statement for november is:
Business
1 answer:
umka21 [38]1 year ago
8 0

The adjusted cost of goods sold that would appear on income statement for November is $247,900.

<h3>What is an income statement?</h3>

One of a company's financial statements, an income statement or profit and loss account (also known as a profit and loss statement (P&L), statement of profit or loss, revenue declaration, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) lists the company's income and outgoings for a given time period. It explains how the revenues, commonly referred to as the "top line," are converted into net income or net profit (the result after all revenues and expenses have accounted for). The income statement's goal is to demonstrate to managers and investors whether the business gained money (profit) or lost money during the reporting period.

To learn more about income statement, visit:

brainly.com/question/14308954

#SPJ4

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Employees in engineering and marketing divisions often disagree with each other about how to achieve targets mainly because they
kotegsom [21]

Answer: differentiation

Explanation:

From the question, we are informed that employees in engineering and marketing divisions often disagree with each other about how to achieve targets mainly because they have unique backgrounds, experiences, and training.

The above source of conflict is due to differentiation. The differentiation is as a result of them not working in thesame divisions hence, they see things differently and not in the same way.

6 0
3 years ago
The Industrial Revolution focused on what?
lutik1710 [3]
It focused on more technological advancements
3 0
3 years ago
When a principal is unidentified Group of answer choices the agent and principal will be jointly and severally liable on the con
Alja [10]

Answer:

The correct answer is letter "A": the agent and principal will be jointly and severally liable on the contract.

Explanation:

Principal-agent relationships born because of the need for principals of contracting agents acting on their behalf. While interacting with third parties, the principal can take one of the three (3) following roles: <em>fully disclosed principal, unidentified principal, </em>and <em>undisclosed principal</em>.

An unidentified principal, <em>also called jointly and severally liable principal, is unknown by third parties. The third party knows the agent represents another party but the identity of that other party is a mystery.</em>

4 0
3 years ago
A manufacturer of a very labor-intensive product wishes to employ the 'experience curve' to predict the AVC associated with vari
Rasek [7]

Answer:

with the third doubling, the AVC = $9.11 per unit

Explanation:

The average variable cost (AVC) decreases by 10% with each doubling of cumulative output:

<u>Production level in units</u>                         <u>AVC per unit</u>

    1,000                                                   $12.50 per unit

    2,000                                                  $11.25 per unit

    3,000                                                  $10.13 per unit

    4,000                                                  $9.11 per unit

5 0
3 years ago
Before Sandra opened her florist shop she read all she could about the floral industry. She also consulted several published res
Rom4ik [11]

Answer: Secondary data

       

Explanation: In simple words, the data that is collected by someone and is used by someone else is called secondary data. Government reports and surveys by other such organisation are two of the many examples of secondary data.

In the given case, Sandra collected information for her future business from the published research reports. She did not collected data from a census conducted by herself.

Hence, from the above we can conclude that the correct option is B.

5 0
3 years ago
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