Answer:
A or C
Explanation:
by labeling it means to understand, but B and D were wrong because this is not that topic
The cost of goods manufactured is $34,000
What is cost of goods manufactured?
The cost of goods manufactured is the cost of the units of finished goods manufactured during the period under review.
The cost of goods manufactured is determined as opening work-in-process plus labor direct costs, direct materials cost, applied manufacturing overhead and thereafter we deduct the ending work in process, note that the estimated overhead is applicable since the materials are computed using the purchase cost
cost of goods manufactured=$13,000+$16,000+$10,000+$17,000-$22,000
cost of goods manufactured=$34,000
Find out more about cost of goods manufactured on:brainly.com/question/13767214
#SPJ1
Answer and Explanation:
The journal entries are shown below:
a. Account receivable Dr $25,000
To Sales revenue $25.000
(Being goods sold on account)
b. Sales returns & allowance Dr $2,500
To Account receivable $2,500
(being returned goods is recorded)
c. Cash Dr $21,825
Sales discount Dr ($22,500 × 3%) $675
To Account receivable ($25,000 - $2,500) $22,500
(being cash is recorded)
Answer:
$749.57
Explanation:
equivalent annual annuity = (NPV x rate) / [1 - (1 + rate)⁻ⁿ]
- using a calculator, the NPV = $2,630
- rate = 13.1%
- n = 5
equivalent annual annuity = ($2,630 x 0.131) / [1 - (1 + 0.131)⁻⁵] = $344.53 / 0.4596 = $749.57
The equivalent annual annuity is used to compare mutually exclusive projects and determine which yields the highest annual returns.
Answer:
D) 270,000
Explanation:
The computation of the outstanding number of shares is shown below:
= (Issued shares - treasury shares) × stock split ratio
= (100,000 shares - 10,000 shares) × 3
= 90,000 shares × 3
= 270,000 shares
Simply we deduct the treasury stock from the issued shares and then multiply it by the stock split ratio so that the correct amount of outstanding shares can come
