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musickatia [10]
3 years ago
12

Chavez Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials $ 29,000 $ 31,

000 Work in process $ 17,000 $ 19,000 Finished goods $ 33,000 $ 48,000 Additional information: Raw materials purchases $ 67,000 Direct labor cost $ 92,000 Manufacturing overhead cost incurred $ 60,000 Indirect materials included in manufacturing overhead cost incurred $ 8,400 Manufacturing overhead cost applied to Work in Process $ 59,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The cost of goods manufactured for July is:
Business
1 answer:
Travka [436]3 years ago
6 0

Answer:

$205,600

Explanation:

The computation of the cost of goods manufactured is shown below

= Direct material used + Direct labor used + Manufacturing Overhead

where,

The direct material used

= Beginning raw material + purchase of raw material - ending raw material - Indirect materials included in manufacturing overhead cost incurred

= $29,000 + $67,000 - $31,000 - $8,400

= $56,600

Manufacturing Overhead would be

= Manufacturing overhead + Beginning work-in-process - Ending work-in-process

= $59,000 + $17,000 - $19,000

= $57,000

So, the cost of goods manufactured is

= $56,600 + $92,000 + $57,000

= $205,600

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$1,046.49.

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6 0
2 years ago
Schwan's Sales Enterprises of Marshall, Minnesota, manufactures and markets a full line of frozen foods in 49 states using door-
xxTIMURxx [149]

Available options are:

A. direct channel.

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C. facilitated channel.

D. customer-service channel.

E. truck jobber channel.

Answer:

A. Direct channel.

Explanation:

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3 0
3 years ago
Three types of business​ organizations) Limited partnerships have two classes of partners. The _____ limited general partner act
tia_tia [17]

Answer:

General; limited; limited.

Explanation:

Limited partnerships have two classes of partners. These two (2) classes are;

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2. Limited partner: it is a type of partnership in which people come together and have an agreement to do business but the involved partners only contribute financially and solely responsible to the amount of money they invested.

Hence, the general partner actually runs the business and faces unlimited liability for the​ firm's debt, while the limited partner is only liable up to the amount the limited partner invested.

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3 years ago
Although transaction costs are reasonable, ASI has encountered financial problems with high production costs. Jonathan, a vetera
marshall27 [118]

Answer: B2B

Explanation:

Based on the information given, we can infer that the interaction of the employee with ASI is an example of B2B..

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7 0
3 years ago
Write the AddressList method newBusiness. This method searches addresses for an existing business with an identical address (i.e
max2010maxim [7]

Answer:

See explaination

Explanation:

// Address.java

public class Address {

/**

* The name of the business

*/

private String name;

/**

* The name of the street the business is on

*/

private String street;

/**

* The street number of the business

*/

private int number;

/**

* Constructs an Address that represents a business with name nm,

* at number no on the street st

*/

public Address(String nm, String st, int no)

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name = nm;

street = st;

number = no;

}

/**

* Returns the name of the business

*/

public String getName()

{

return name;

}

/**

* Returns the name of the street on which the business is located

*/

public String getStreet()

{

return street;

}

/**

* Returns the street number of the business

*/

public int getNumber()

{

return number;

}

}

//end of Address.java

//AddressBook.java

import java.util.ArrayList;

import java.util.List;

public class AddressBook {

/**

* The list of business addresses. No two businesses in the list

* can have the same address (both the same street and street number)

*/

private List<Address> addresses;

/**

* Constructs an empty AddressBook

*/

public AddressBook()

{

addresses = new ArrayList<Address>();

}

/**

* atparam st the name of a street

* atreturn a list with the names of each business with an address on that street

*/

public List<String> onStreet(String st)

{

// create an empty output list of names of business

List<String> businessName = new ArrayList<String>();

// loop over the list of addresses

for(int i=0;i<addresses.size();i++)

{

// if ith street of address = nm, add the name of the business to the output list

if(addresses.get(i).getStreet().equalsIgnoreCase(st))

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}

return businessName; // return the list

}

/**

* Searches for an existing business with an identical address (street and number

* both match). Updates the record to an address with name nm, street st and number no.

* If no entry already exists adds a new address to the end of the list with these parameters.

*

* atparam nm the name of the business

* atparam st the street the business is on

* atparam no the street number of the business

* atreturn the index of where the business address is on the list

*/

public int newBusiness(String nm, String st, int no)

{

// loop over the list of addresses

for(int i=0;i<addresses.size();i++)

{

// if ith index addresses match the street and number of the input st and no

if((addresses.get(i).getStreet().equalsIgnoreCase(st)) && (addresses.get(i).getNumber() == no))

{

addresses.remove(i); // remove the ith address from list

addresses.add(i, new Address(nm,st,no)); // add a new address with the input name, street and number at ith index

return i; // return the index i

}

}

// if no address match, add the business at the end of the list

addresses.add(new Address(nm,st,no));

return addresses.size()-1; // return the last index

}

}

//end of AddressBook.java

5 0
3 years ago
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