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
Alecsey [184]
2 years ago
15

Nadell Corporation reported the following data for the month of AprilInventory Beginning Ending Raw Materials $30,000 $32,000 Wo

rk in Process $20,000 $21,000 Finished Goods $39,000 $53,000If the company transferred $234,000 of completed goods from work in process to finished goods inventory during April, what was the cost of goods sold for the month?
Business
1 answer:
jeyben [28]2 years ago
7 0

Answer:

COGS= $181,000

Explanation:

Giving the following information:

Beginning Finished Goods= $39,000

Ending Finished Goods= $53,000

Cost of goods manufactured= 234,000 - 39,000= $195,000

<u>To calculate the cost of goods sold, we need to use the following formula:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 39,000 + 195,000 - 53,000

COGS= $181,000

You might be interested in
Reynold's Company has a product with fixed costs of $309,000, a unit selling price of $24, and unit variable costs of $21. The b
Serhud [2]

Answer:

The answer is 51,500 units

Explanation:

Break-even sales is a point in which a business or a firm neither make profit nor loss. Total Revenue equals total cost. Break-even sales help to know the point at which business starts to make profit.

Break-even sales is:

Fixed cost/contribution margin.

Where contribution margin is sales price per unit minus variable cost per unit.

In the question, variable cost are decreased by $3.

So the new variable cost is $21 - $3

=$18.

Contribution margin is $24 -$18

$6

Therefore, The break-even sales (units) if the variable costs are decreased by $3 is:

$309,000/$6

=51,500 units

3 0
3 years ago
An important cloud design philosophy that defines all interactions among computing devices as services in a formal standardized
Fynjy0 [20]

An important cloud design philosophy that defines all interactions among computing devices as services in a formal standardized way is termed the Service Oriented Architecture or abbreviated as SOA. It is also a style of software design in which <span>services are provided to the other components by application components, through a communication protocol over a </span>network.<span> 
</span> 

<span> </span>

3 0
3 years ago
You received a signed broker-to-broker transfer initiation form (TIF) from an established customer desiring to transfer a specif
almond37 [142]

Your firm must submit the transfer instruction to the carrying member through the ACATS <u>A) Immediately.</u>

<h3>What is the Automated Customer Account Transfer Service (ACATS)?</h3>

The Automated Customer Account Transfer Service (ACATS) is a standardized and automatic system sanctioned by the Financial Industry Regulatory Authority (FINRA) that transfers financial securities in customers' accounts from one brokerage firm or bank to another.

Under the FINRA's Uniform Practice Code, a customer may transfer some or all of their securities.

Thus, the FINRA's Uniform Practice Code requires that your firm <u>immediately</u> forwards the TIF to the next broker.

Learn more about Financial Industry Regulatory Authority (FINRA) at brainly.com/question/8777317

#SPJ1

<h3>Question Completion with Answer Options:</h3>

What does FINRA's Uniform Practice Code require?

A) Immediately.

B) within 1 business day.

C) within 3 business days.

D) within 2 business days.

4 0
2 years ago
What does CPI stand for and what is it used to measure?​
aleksklad [387]

Answer:

please give me brainlist and follow

Explanation:

Consumer Price Index

The Consumer Price Index (CPI) is a measure of the average change overtime in the prices paid by urban consumers for a market basket of consumer goods and services.

8 0
2 years ago
Based on the graph, how many people are willing to work when the government of a country raises the minimum wage from $17 to $25
alukav5142 [94]
Answer
E.28
So yeah hope I’m not too late
3 0
3 years ago
Other questions:
  • As the only store to design and sell curtains in the suburb of Oakland, the merchandise sold by Plush Parade is overpriced. Noti
    5·1 answer
  • Assets are equal to
    9·2 answers
  • Explain how international trade allows a country to move beyond its production possibilities frontier.
    6·1 answer
  • In working on a bid for project you have determined that $245,000 of fixed assets will be required and that they will be depreci
    6·1 answer
  • The theory of consumer behavior assumes that - consumers behave rationally, attempting to maximize their satisfaction - consumer
    11·1 answer
  • Earley Corporation issued perpetual preferred stock with an 8% annual dividend. The stock currently yields 7%, and its par value
    15·1 answer
  • Fern Corporation manufacturers a single product that has a selling price of $25.00 per unit. Fixed expenses total $50,000 per ye
    8·1 answer
  • Aram has plans on going to Georgia Tech to study Biomedical Engineering. Which of the following is he MOST LIKELY attempting to
    6·2 answers
  • With respect to the consumer price index, the substitution bias arises because:
    12·1 answer
  • If industry rivalry is very high we can expect profit margin low.<br> True<br> False
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!