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Alex_Xolod [135]
3 years ago
13

Sienna Company has the following information for January. Cost of direct materials used in production $20,000 Direct labor 15,00

0 Factory overhead 24,000 Work in process inventory, January 1 2,900 Work in process inventory, January 31 3,500 Calculate the cost of goods manufactured.
Business
1 answer:
nlexa [21]3 years ago
3 0

Answer:

The cost of goods manufactured is $58400.

Explanation:

total manufaturing costs = Cost of direct materials used in production  + Direct labor + Factory overhead

                                         = $20,000 + $15,000 + $24,000

                                         = $59000

cost of goods manufactured = Work in process inventory, January 1 + total manufacturing costs -Work in process inventory, January 31

= $2,900 + $59000 - $3,500

= $58400.

Therefore, the cost of goods manufactured is $58400.

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Answer:

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Explanation:

Based on the information given the East Germans were living with COMMAND economy.

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A country economy can be tend to be classified as a COMMAND ECONOMY when the government of such country are in total controlled of the economy of the country just as in the case of East Germany.

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3 years ago
Question 1
Virty [35]
<span>Which choice is the correct statement about "comprehensive" insurance?
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Question 2
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All insurance companies charge the same rates for insurance coverage. FALSE

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D. An insurance deductible is what you pay yearly for car insurance if you don't have accidents.

What is an insurance policy?
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Some insurance usually has a higher price for younger people because younger people have more accidents.FALSE

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6 0
3 years ago
The ratio of expenses for merchandise to cost of labor for a small company is 5:3. They spent a total of $15,000 for these two c
chubhunter [2.5K]

They spend on labor 5625. based on the given situations.

Exertions fee ought to be around 20 to 35% of gross income. slicing hard work costs is a balancing act. locating methods to streamline labor costs is rooted in reducing costs without sacrificing personnel morale or productivity.

Hints from White-Hutchinson enjoyment and studying consulting institution say that restaurant labor costs ought to be available in at much less than 30% of sales, and food and exertions costs ought to be less than 60% of the revenue.

The labor-to-revenue ratio is a monetary analysis device that compares the amount of cash a business enterprise spends on its employees to the quantity of cash it makes in net sales. Dividing hard work value via net sales for a given duration yields this ratio. Multiplying the result through 100 converts it to a percentage.

Learn more about labor costs here: brainly.com/question/26527325

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6 0
2 years ago
Snoopy, Inc. records its bad debt expense on the credit sales method. Total sales during 2020 were $1,500,000, which consisted o
quester [9]

Answer:

the amount of bad debt expense for the year 2020 is $36,000

Explanation:

The computation of the amount of bad debt expense is shown below:

= Estimation of 3% net sales that would be uncollectible

= 3% of ($1,500,000 - $300,000)

= 3% of $1,200,000

= $36,000

Hence, the amount of bad debt expense for the year 2020 is $36,000

The same is to be considered

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They don't. Water was found and there are actually implications that if it doesn't exist nowadays, it might have historically existed long before there was even life on earth. There are theories that there was life on Mars millions of years ago way before earth had life.
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