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
kirza4 [7]
3 years ago
8

The accounting records of Brownwood Company revealed the following information: Work in process inventory, Jan 1 58,000 Work in

process inventory, Dec 31 49,000 Finished Goods Inventory, Jan 1, 125,000 Finished Goods Inventory, Dec 31 158,000 Direct Materials used 104,000 Direct Labor 214,000 Factory equipment depreciation 300,000 Factory utilities and rent 186,000
Brownwood's cost of goods sold is:

$721,000.

$730,000.

$778,000.

$787,000.

some other amount
Business
1 answer:
ivanzaharov [21]3 years ago
8 0

Answer:

$721,000 is correct

Explanation:

Cost of goods sold =754000 + 125000 -158000

=721,000

You might be interested in
Which of the following would most likely suffer the least from the costs of​ inflation?
Arturiano [62]

Answer:

B. Persons on fixed incomes.

Explanation:

Inflation is a general increase in prices and fall in the purchasing value of money, therefore, a person with a fixed income will not be affected.

8 0
3 years ago
____ are long-term, low-interest loans, cash grants, and tax deductions used to develop and protect companies or special industr
Schach [20]
GOVERNMENT SUBSIDIES are long-term, low-interest loans, cash grants, and tax deductions used to develop and protect companies or special industries.

Government subsidies are assistance given by the government to a person or a group of individuals in support of an enterprise that is for the public interest.
3 0
3 years ago
Jake, a new human resource manager, alters the hiring and recruitment process of his firm when he learns that the firm was regul
Tom [10]

Answer: Affirmative action.

Explanation:

An affirmative action is a form of action taken that favors members of a particular sex, race, religion, tribe that has been discriminated against in the past. Jake's decision to ensure equal opportunity to all genders is a type of affirmative action.

8 0
3 years ago
He stockholders' equity section on the December 31, 2009, balance sheet of Chemfast Corporation reported the following amounts:
Allisa [31]

Answer:

1.7900 shares

2.7300 shares

3.$22.95

4.$59

5.$6,300

6.$10.50

7.$791,000

Explanation:

The number of preferred shares=total par value of preferred shares issued/par value=$165,900/$21=7900 shares

The number of preferred shares outstanding is issued shares minus treasury stock=7900 shares-600 shares=7,300 shares

average issue price of preferred stock=(total par value+additional paid capital)/issued shares=($165,900+$15,400)/7900=$22.95

Average issue price of common stock==common stock amount/issued shares=$590,000/10000=$59

The treasury stock decreases stockholders' equity by the amount paid to repurchase the shares which is $6,300

Treasury stock cost $ per share=cost of treasury cost/number of treasury stock=$6300/600=$10.50

Total stockholders' equity in $=preferred stock+preferred stock additional paid in capital+common stock+retained earnings -treasury stock

Total stockholders' equity in $=165,900+15,400+590,000+26000-6300=$791,000

8 0
3 years ago
Which skill would a public relations manager require the most?
yuradex [85]

i would say D C and maybe a but C makes the most since hope this helps

8 0
4 years ago
Other questions:
  • When a bank evaluates a person for a loan, what does the word "capacity" refer to? Question options: A) The ability to make paym
    11·1 answer
  • In 1932, the u.s. government imposed a two-cent tax on checks written on deposits in bank accounts. this action would be expecte
    11·1 answer
  • Factory Overhead Rate, Entry for Applying Factory Overhead, and Factory Overhead Account Balance The cost accountant for River R
    6·1 answer
  • A bag contains 9 red marbles, 5 white marbles, and 6 blue marbles. You draw 4 marbles out at random, without replacement. Find t
    9·1 answer
  • On June 30, 2021, the Esquire Company sold some merchandise to a customer for $68,000. In payment, Esquire agreed to accept a 9%
    12·1 answer
  • Marvin received Form 1099-C reporting canceled credit debt of $7,000. His total liabilities immediately before the cancellation
    15·2 answers
  • The data for demand curve D indicate that at a price of $0.30 per Greebe, buyers would be willing to buy __________ million Gree
    15·1 answer
  • Suppose that a couple of months after the new pizza restaurant opens, the local government institutes a $14 per pizza price ceil
    9·1 answer
  • Comprehension and speed are the two most important traits in reading for business. please select the best answer from the choice
    15·1 answer
  • The market segment that is the focus of a firm’s marketing plan is the
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!