Answer:
$53, 700
Explanation:
The question is not complete:
The completion is here:
6000 Units were produced and determine the total amount of direct manufacturing cost incurred.
Step 1: Calculate the Direct Manufacturing Cost
Direct manufacturing cost is the cost of those input raw materials that are directly related to the product as well as the units being produced.
Direct Manufacturing Cost = (The Direct Material/ Unit + The Direct Labour/ unit) x Units Produced
= ($5,20 + $3.75) x 6000 units
= $8.95 x 6000 units
= $53, 700
Therefore, the direct manufacturing cost is $53, 700
Answer:
$775
Explanation:
In inventory valuation , inventory are valued at the lower of cost to replace an item of inventory and the net realizable value.
The net realizable value is the proceed earned from the disposal of an inventory less the cost related to the disposal.
In the scenario described in the question , The replacement cost for product 66 is $775 while the net realizable value is $800. Therefore , the final inventory valuation will be the lower of $775 and $800 which is $775
Answer:
A. Dr Accounts Receivable for $569
Cr Supplies $569
Dr Supplies $108
Cr Accounts payable $108
B. Dr Cash $8820
Cr Fees earned $8820
Explanation:
Preparation of the entry to correct the following errors:
A. Dr Accounts Receivable for $569
Cr Supplies $569
Dr Supplies $108
Cr Accounts payable $108
B. Dr Cash $8820
Cr Fees earned $8820
($4410+$4410)
Answer:
found this off of google, "Stock markets are where individual and institutional investors come together to buy and sell shares in a public venue. Nowadays these exchanges exist as electronic marketplaces. Share prices are set by supply and demand in the market as buyers and sellers place orders."
Hope this helps, have a great day and stay safe! :) :D :3
