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
Goshia [24]
3 years ago
14

Burgundy Manufacturing uses a process cost system and computes cost using the weighted average method. During the current period

, the beginning work-in-process inventory cost was $13,525. Manufacturing cost added was $57,000. If Burgundy's ending work-in-process inventory was valued at $15,100, then cost of goods transferred must have been?
Business
1 answer:
Yanka [14]3 years ago
7 0

Answer:

$55,425

Explanation:

The computation of the costs of goods transferred is shown below:

= Beginning work-in-process inventory cost + manufacturing cost added -  ending work-in-process inventory cost

= $13,525 + $57,000 - $15,100

= $55,425

We simply added the Beginning work-in-process inventory cost and deduct the ending work-in-process inventory cost to the manufacturing cost so that the correct amount can come.

You might be interested in
Goal conflict can be avoided if budget goals are carefully designed for consistency across all areas of the organization. True F
Goshia [24]

Answer:

True

Explanation:

Goal conflict can be regarded as a kind of conflict that occur when there is two or more goals that are competing in ones mindset. It could be a clash in between ones personal goals and organizational goals. Goal confict can be avoided if budget goals are carefully designed for consistency across all areas of the organization.

3 0
2 years ago
What type of investment offers both capital gains and interest income?
Len [333]
The answer is stocks.
8 0
3 years ago
Derek plans to retire on his 65th birthday. However, he plans to work part-time until he turns 75.00. During these years of part
slavikrds [6]
Pension plans are a type of retirement plan in which the employee and employer make contributions. These contributions are invested and to be received upon retirement. In most all cases pension plans are tax exempt. The two types of pension plans are defined benefit plans and defined contribution plans. A defined benefit plan guarantees an amount upon retirement no matter how the investment performed. A defined contribution plan is not a guaranteed amount and heavily depends on the investment performance.
5 0
2 years ago
Disadvantages of opening a new store location
Ksenya-84 [330]
You might struggle through delayed profitability where the market maynot already be established , it might take a long time to come profitable 
7 0
3 years ago
Money is to an economy what language is to communication. What does this statement mean?
Tasya [4]

Answer:

What does economy of language mean?

Explanation:

The economics of language is an emerging field of study concerning a range of topics such as the effect of language skills on income and trade, and the costs and benefits of language planning options, preservation of minority languages, etc. Language can be an expression of symbolic power.

8 0
2 years ago
Other questions:
  • Analog computers needs to borrow $475,000 from the midland bank. the bank requires a 15% compensating balance. how much money wi
    11·1 answer
  • There are eight parts of the planning phase of an audit. which parts involve the evaluation of​ risk? ​
    9·1 answer
  • The Allowance for Bad Debts account had a balance of $7,300 at the beginning of the year and $10,100 at the end of the year. Dur
    8·1 answer
  • According to our discussion in class, two reasons why capital may not flow to poor countries are that the poorer countries may:_
    11·1 answer
  • Recent research that analyzed the content of commercial bottled water indicates that ________. bottled water consumes less fossi
    13·1 answer
  • The term ______ is the act of greatly increasing something.
    6·2 answers
  • he purpose of this assignment is to identify and research a potential problem that technology could assist in solving. The ultim
    13·1 answer
  • Seating Galore sells high-end desk chairs. The variable expense per chair is $85.05 and the chairs sell for $189.00 each. The va
    9·1 answer
  • A system that collects and stores the company's key data and produces the information needed by managers for analysis, control,
    8·1 answer
  • How much tax is deducted from a paycheck in indiana
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!