Answer:
I think the answer is B. If It's correct please give the brainliest award.
The cost of goods sold was $19,000 in 2014 and it decreased by 8.2% from 2013.
100% - 8.2% = 91.8%
x ----------------- 100%
19,000 ---------- 91.8%
------------------------------
x : 19,000 = 100 : 91.8
91.8 x = 1,900,000
x = 1,900,000 : 91.8
x = 20,697.16 ≈ $20,697
Answer: The cost of goods sold was $20,697 in 2013.
Answer:
Objectives of Business – Profitability, Growth, Stability, Efficiency and Survival. Business means busy in some activities. Business means conducting activities such as – sale, purchase and manufacturing etc for profit and growth.
Explanation:
Sam, being the Chief Accounting Officer of Texas Fencing
Corporation, wants to ensure that all the company's accounts are legal and
ethical. At times when he is unsure of what exactly is legal and illegal, he
should <span>try his best to not do anything illegal and keep documentation showing
that he always acts in good faith. In this way, even in the case
that he does make a mistake, he has proof that he always acts in good faith
with the help of his proper documentation. </span>
Answer:
D) $31.
Explanation:
The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = Estimated manufacturing overhead ÷ estimated direct labor hours
where,
Estimated manufacturing overhead is
= Salary of factory supervisor + Heating and lighting costs for factory + Depreciation on factory equipment
= $37,600 + $22,000 + $5,600
= $65,200
And, the direct labor hours is 2,100
So, the predetermined overhead rate is
= $65,200 ÷ 2,100
= $31