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gizmo_the_mogwai [7]
4 years ago
12

Morrow Corporation had only one job in process during May—Job X32Z—and had no finished goods inventory on May 1. Job X32Z was st

arted in April and finished during May. Data concerning that job appear below: Beginning balance $ 5,000 Charged to the job during May Direct materials $ 8,000 Direct labor $ 2,000 Manufacturing overhead applied $ 4,000 Units completed 100 Units in process at the end of May 0 Units sold during May 40 In May, overhead was overapplied by $300. The company adjusts its cost of goods sold every month for the amount of the overhead that was underapplied or overapplied. Required: Using the indirect method, determine the cost of goods sold for May.
Business
1 answer:
USPshnik [31]4 years ago
8 0

Answer:

ahhhh i dont know sorry but i get free pints

Explanation:

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What specific challenges exist in defining the operational requirements for a system of systems configuration? What is meant by
Alex787 [66]

Answer:interoperability : This is the ability of computer system or software to exchange and make use of information. In other words, interoperability is the property that allows the unrestricted sharing of resources between different systems. It can also be defined as the exchange information resources between different computer through local area network (L. A. N) or wide area network (W. A. N)

There are two main types of interoperability

1.syntactic interoperability

2.Semantic interoperability

Examples

Health care:Hospital and laboratory are increasingly adopting new technologies and devices that are driven by sophisticated software which must integrate at the point of care and with electronic system such as electronic media records.

Explanation:

3 0
4 years ago
TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaste
Elodia [21]

Answer:

The direct labor rate variance for November is $34,200

Explanation:

To find out the direct labor rate variance, we have to multiply the actual standard rate of direct labor into actual hours of direct labor used

Standard hourly rate of direct labor hour = $14.40

Actual direct labor hours = 5,000

Standard direct labor cost

= 5,000 × $14.40

= $72,000

Total factory wages are $42,000 in which direct labor is 90%

= $42,000 × 90%

= $37,800

Actual direct labor cost = $37,800

Therefore,

Direct labor rate variance = Standard direct labor cost - Actual direct labor cost

Direct labor rate variance

= $72,000 - $37,800

= $34,200

8 0
4 years ago
Rent-a-Furniture Center is offering a living room set that retails for $799 for $25 per week for 1 year. What is the percent mar
solniwko [45]

Answer:

62.70%

Explanation:

The markup value is found by calculating the gross profit and dividing it by its price. The retail price for the Rent-a-Furniture Center is $799 and the selling is $25 per week.

There are 52 weeks in a year, therefore, with this payment plan of $25/week, the total amount in one year is (52* 25) = $1300. Gross profit is (1300- 799) = $501. The markup value is (501/799) = 62.7033%

5 0
4 years ago
Match each situation below to two applicable reasons that require an adjustment to be made.
____ [38]

1) A. C.

2) A. E.

3) B. C.

4) B. F.

5) A. E.

6) A. C.

7) B. F.

8) B. C.

Explanation:

1) Delta Airlines provided flights this month for customers who paid cash last month for tickets. Revenue has been earned. Liability has been incurred.

2) GSD+M completed work on an advertising campaign that will be collected next month. Revenue has been earned. Asset has been acquired.

3) Abercrombie received a telephone bill for services this month, which must be paid next month. Expense has been incurred. Liability has been incurred.

4) The Tiger Woods Foundation used up some of the benefits of its 35,000-square-foot building. Expense has been incurred. Asset has been used up.

5) IBM completed a consulting project for the CDC to simulate the spread of contagious viruses and will be paid next month. Revenue has been earned. Asset has been acquired.

6) This month Apple, Inc. redeemed iTunes gift cards that had been issued last month. Revenue has been earned. Liability has been incurred.

7) Schutt Sports used up some of the benefits of its football helmet manufacturing equipment. Expense has been incurred. Asset has been used up.

8) Procter & Gamble received a bill for this months advertising services, which it will pay next month. Expense has been incurred. Liability has been incurred.

4 0
3 years ago
The Extroversion-Introversion criterion defines:
bagirrra123 [75]
B). <span> the source and direction of energy expression for a person
I think that is the answer. Not 100% sure though</span>
5 0
3 years ago
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