Kings or queens who held all the power within thier states' boundaries

Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun

ohaa [14]

Answer and Explanation:

As per the given question the solution of missing amount for each letter is provided below:-

Case A Case B

Direct material used a $49,350 $93,400

Direct Labor $56,000 $146,100

Manufacturing overhead

applied $44,800 d $116,880

Total manufacturing

cost $150,150 e $356,380

Work in process 1/1/20 b $55,750 $16,800

Total cost of work in

process $205,900 f $373,180

Work in process

12/31/20 c $11,600 $15,400

Cost of goods

manufactured $194,300 g $357,780

Working Note

a. Direct materials used = Total manufacturing costs - Manufacturing overhead applied - Direct labor

= $150,150 - ($56,000 + $44,800)

= $150,150 - $100,800

= $49,350

b. Works in process 1/1/20 = Total cost of works in process - Total manufacturing costs

= $205,900 - $150,150

= $55,750

c. Works in process 12/31/20 = Total cost of works in process - Cost of goods manufactured

= $205,900 - $194,300

= $11,600

d. Manufacturing overhead applied = $44,800 ÷ $56,000

= 80%

For case B the manufacturing overhead applied = 80% × $146,100

= $116,880

e. Total manufacturing costs = Direct materials used + Direct Labor + Manufacturing overhead applied

= $93,400 + $146,100 + $116,880

= $356,380

f. Total cost of work in process = Total manufacturing costs + Works in process 1/1/20

= $356,380 + $16,800

= $373,180

g. Cost of goods manufactured = Total cost of work in process - Works in process 31/12/20

= $373,180 - $15,400

= $357,780

Therefore to reach the missing amounts we simply use the working notes.

8 0

3 years ago

Determine whether the following would be reported in the financing activities section of the statement of cash flows and, if so,

Marat540 [252]

While you buy a bond, you're loaning cash to both a government and a corporation. whilst these entities first difficulty the bonds, they're bought at "par", which means you lend, say, $a hundred, and at the adulthood of the bond, you'll acquire $100 lower back. at the time of the difficulty, the coupon charge is also set, primarily based on modern-day interest quotes and the entity's credit score. This determines the yearly or semiannual quantity you will acquire when buying the bond.

A bond can be bought on the secondary market before adulthood. however, the price of this bond will promote greater than par (i.e. a premium) if present-day interest quotes decrease than what they had been while the bond was issued and less than par if interest fees have gone up (i.e. a reduction).

An example, a bond is issued these days, maturing in 10 years with an annual coupon of five%. In 5 years, hobby fees have risen to 7%, so someone shopping for the bond with a five% coupon would demand a discount at the face price (in any other case, they could just buy the 7% bond at par).

Learn more about bond here: brainly.com/question/25965295

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7 0

2 years ago

Destin Company uses the weighted average method in its process costing system. The first processing department, the welding depa

ICE Princess25 [194]

Answer:

the cost per equivalent unit for conversion costs for the month is $ 6.256 (round off to three decimal places)

Explanation:

The Concept of Equivalent units measures the number of units of output in terms of percentage completion of a certain input element.

In this question we are required to find the cost per equivalent unit for conversion costs.

Step 1 Find the Total conversion costs for the period.

Conversion cost in this beginning work in process inventory $19,200

Conversion costs incurred in the during the month $383,060

Total conversion costs for the period $402,260

Step 2 Find the Total Equivalent units

Hint : First find the Units Completed

Units Completed = 10000+6000-19000

= 51,000

<u> Total Equivalent units</u>

Units Completed ( 51,000 × 100 %) = 51,000

Closing Work In progress ( 19,000 × 70 %) =13,300

Total Equivalent units =64,300

Step 3 Find cost per equivalent unit for conversion costs

cost per equivalent unit = Total conversion costs / Total Equivalent units

= $402,260 / 64,300

= $ 6.256 (round off to three decimal places)

3 0

3 years ago

Reasons starting for world war one

Citrus2011 [14]

Answer:

The immediate cause of World War I that made the aforementioned items come into play (alliances, imperialism, militarism, nationalism) was the assassination of Archduke Franz Ferdinand of Austria-Hungary. In June 1914, a Serbian-nationalist terrorist group called the Black Hand sent groups to assassinate the Archduke.

<h3>hope it will help u in understanding☺</h3>

3 0

3 years ago

"Consumer sovereignty" means that Group of answer choices1. buyers can dictate the prices at which goods and services will be of

nalin [4]

Answer:

2. advertising is ineffective because consumers already know what they want.

Explanation:

Consumer sovereignty is the idea that it is consumers who influence production decisions because they decide what to buy by checking to see that their expectations are meet. Production of goods is designed towards meeting the needs of the consumers. The consumers select what they want to buy by the checking if the good fulfills their needs and wants.

6 0

3 years ago