1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jeka94
4 years ago
9

Gammil companyhas beginning and ending raw materials inventories of $96000 and $120000, respectively. if direct materials used w

ere $490000, what was the cost of raw materials purchased? $490000. $466000. $514000. $520000.
Business
1 answer:
d1i1m1o1n [39]4 years ago
7 0
Beginning RM Inventory 96000
Add RM purchased. ?
Less ending RM Inventory 120000
Equals DRM used 490000

490000=96000+X-120000
Solve for x
X=514000

RM purchased.(X)=514000

Hope it helps!
You might be interested in
How can I find a good job???
Semmy [17]
Life guarding is a really good first job for high school students. Start applying to local pools or water parks, whatever you have in your area. I live in vegas and hotels are always looking for lifeguards around this time
3 0
3 years ago
Read 2 more answers
Etxuck327 Inc. sells a particular textbook for $39. Variable expenses are $28 per book. At the current volume of 49,000 books so
Westkost [7]

Answer:

539,000.00  

Explanation:

As per the contribution margin analysis concept, the break-even point is obtained by dividing fixed cost by contribution margin per unit.

For Etuck327,

The selling price is $39

Variable expense is $28

Break-even in units is 49,000 books.

Contribution margin per unit = selling price - variable costs

=$39- $28

=$11

if Break-even = fixed cost/ contribution margin per unit, then

49,000= fixed cost / 11

fixed costs = 11 x 49000

Fixed costs = 539,000.00    

                   

5 0
3 years ago
Another name for nondisclosure is
ladessa [460]

Answer: confidentiality agreement (CA)

5 0
3 years ago
Stones Corporation uses a predetermined overhead rate based on machine-hours to apply overhead to the manufacturing process. Las
likoan [24]

Answer: $5 per machine hour

Explanation:

Given the following :

Estimated manufacturing overhead cost = $550,000

Expected machine-hour to be incurred = 110,000

Actual manufacturing overhead = $575,000

Actual machine hour incurred = 120,000

The manufacturing overhead application rate:

Expected manufacturing overhead cost / Expected machine hour to be incurred

= $550,000 / 110,000 machine hour

= $5 per machine hour

8 0
3 years ago
What are the impact of SMEDAN on entrepreneurship
daser333 [38]
You can easily apply for loans and support funds both within and outside the country. It also grants you access to funding from the government and private sector.
6 0
2 years ago
Other questions:
  • If Congress and the president want to keep real GDP at its potential level in​ 2021, they should use an expansionary fiscal poli
    9·1 answer
  • Suppose that a firm has purchased some land for $1,250,000 a year ago to develop a new outlet, and the land now would sell $2,00
    12·1 answer
  • hich of the following statements is true? The denominator used in computing earnings per share represents the shares of common s
    9·1 answer
  • The Miller Company earned $133,000 of revenue on account during Year 2. There was no beginning balance in the accounts receivabl
    14·1 answer
  • Rob Bill Berries 20 30 Fish 80 60 Rob Crusoe and Bill Friday spent their week-long vacation on a desert Island where they had to
    11·1 answer
  • The concept or principle that states that companies should recognize revenue when goods or services are transferred to customers
    7·1 answer
  • Economists measure the personal satisfaction someone gets from consuming goods and services with the concept of
    13·1 answer
  • Tamarisk, Inc. had the following inventory transactions occur during 2017: Units Cost/unit Feb. 1, 2017 Purchase 94 $94 Mar. 14,
    7·1 answer
  • Swifty Corporation has assets of $4345000, common stock of $1076000, and retained earnings of $629000. What are the creditors’ c
    13·1 answer
  • The aggregate demand curve is negatively sloped due to: a the elasticity effect of an aggregate price level change b the fiscal
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!