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iogann1982 [59]
3 years ago
13

Current information for the Healey Company follows:

Business
1 answer:
Zarrin [17]3 years ago
5 0

Answer:

The correct answer would be option A, $125800.

Explanation:

Cost of goods manufactured= Total costs + beginning work in process - Ending work in process

Total costs include Direct Materials, Direct labor and Factory Overheads. So the Above formula can be written as:

CGM = (Direct materials + Direct Labor + Factory overhead) + Beginning WIP  - Ending WIP

Now

Direct Materials = Beginning raw materials + Purchased Raw Materials - Ending Raw materials

= 15200+60000-16600= 58600

Now Direct labor given is = 42800

And Factory Overheads = 30000

So,

Total costs= direct materials + Direct Labor + Factory Overhead

Total Costs= 58600 + 42800 + 30000  

= 131400  

Beginning work in process = 22400

Ending work in process = 28000

NOW Costs of Goods Manufactured/CGM = Total Cost + Beginning WIP -Ending WIP

= 131400+22400-28000

=$125800

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Answer: The Statement A. is FALSE.

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The United States National Response Framework is essential to the National National Security Strategy, it helps to give all domestic response partners a response to disasters and emergencies.

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3 years ago
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Transactions for the Monty Company, which provides welding services, for the month of June are presented below. June 1 Monthly i
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Answer:

<u>Transactions:</u>

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2. June 2 Purchases equipment on account for 340.

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4. June 12 Bills P. Leonard $410 after completing welding work done on account.

<u>Journal Entries:</u>

1.

June 1              Dr.      Cr.

Investment   $3,910

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2.

June 2              Dr.      Cr.

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Account Payable       $340

3.

June 3                Dr.        Cr.

Rent Expense   $3,760

Cash                               $3,760

4.

June 12                                Dr.        Cr.

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6 0
3 years ago
Which of the following is one of the actual requirements in order to obtain a management position in agriculture?
Over [174]

It is 2, "Experience".

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Assume Dell's yearly inventory cost is 30 percent to account for the cost of capital for financing the inventory, the warehouse
JulijaS [17]

Answer:

See below

Explanation

1. Value of inventory sold

= $280 million in inventory + COGS $23,100 million

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2. Cost of goods sold

From the above passage, we have been given the COGS , which is $23,100 million

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= Cost of goods sold / Average stock

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=

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3 years ago
The customer has decided to purchase a home instead of renting. The price of the home is $750,000 and the customer intends to pu
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Answer:

A. growth stocks and blue chip stocks immediately in the amount of $150,000 to obtain the necessary cash down payment

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The customer wouldn't want to get the stock cashed out now, so he doesn't have to worry about the stock or market having a huge decline and so, he can't buy the house.

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