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3 years ago

"the accounts receivable account goes up when a shipment is sent."

1 answer:

5 0

<span>Accounts receivable is money or payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid. In this case they already have balance amount to be paid, again they are sending new shipment. so account receivable will go up automatically.</span>

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B.
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3 years ago

The ending inventory of finished goods has a total cost of $11,600 and consists of 600 units. If the overhead applied to these g

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Answer:

the Direct Labor Costs are $5500

And Direct Materials are 2,250

Explanation:

Finished Goods has a total cost of $11,600

If the overhead applied to these goods is $3,850

Then the Direct Labor Costs are $5500

And Direct Materials are 2,250

Using the cross product rule

$3850 : 70

x : 100

x= $3850*100/70= $ 5500 are Direct LAbor Costs

Direct Materials= Finished Goods - overhead applied -Direct Labor Costs

Direct Materials =$11,600- $3,850- $5500

And Direct Materials are = $2,250

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3 years ago