Answer:
$3,006,000
Explanation:
The computation of cost of goods manufactured is shown below:-
Cost of Goods Manufactured = Gross Manufacturing Cost + Opening Work in progress - Closing work in progress
= $3,000,000 + $18,000 - $12,000
= $3,006,000
Therefore for computing the cost of goods manufactured we have applied the above formulas and ignore all other values as they are not relevant.
Answer: There are many careers that would support your well-being. Career exploration allows you to find the one that pays the most so your well-being is enhanced to the highest degree
Explanation:
When making a career research, it's vital to consider the opinion of the people that already have that career as their occupation as they already have the required knowledge concerning the job.
Also, one should consider the availability of job, the skills, abilities that one has and the future prospects of the job.
Furthermore, we all have something we value about careers and our opinions regarding that might be different.
Therefore, the correct option is "There are many careers that would support your well-being. Career exploration allows you to find the one that pays the most so your well-being is enhanced to the highest degree". This is false.
Answer:
$9,525
Explanation:
Given the above information, first we need to calculate ending inventory
Ending inventory
= Beginning inventory + Units produced - Units sold
= 0 + 4,700 - 3,950
= 750
Therefore, the value of the ending inventory under variable costing would be;
= Ending inventory × Variable cost per unit
= 750 units × 12.70 per unit
= $9,525
Answer:
Explanation:
The company must record the acquisition of that inventory, including all the expenses related to the purchase and logistics, up to have them placed in the company´s warehouse.
Therefore, the journal entry to record those transactions are:
Dr Inventory 8,200
Cr Cash 8,200
Notice that freight costs are not considered expenses in this case, as they are capitalized being part of the inventory cost.
<u>Income Statement</u>: no change
<u>Balance Sheet</u>: Inventory increased by $ 8,200
Cash decreased by $ 8,200
<u>Net change</u>: $ 0
Answer: increases interest rates
Explanation:
Crowding out occurs when an increase in the involvement of the government in a particular sector of the market economy affects the other sectors of the market.
An example is when an expensionary policy such as government spending leads to the rise in interest rates and which will also reduce the investment spending as investors won't like.to invest in such economy with high interest rates.