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HACTEHA [7]
3 years ago
7

Industries is calculating its Cost of Goods Manufactured at​ year-end. Sharpland's accounting records show the​ following:

Business
1 answer:
devlian [24]3 years ago
7 0

Answer:

cost of goods manufactured= $334,000

Explanation:

Giving the following information:

Beginning Raw Materials = $13,000

Ending Raw Materials = $15,000

Direct material purchased= $51,000

Direct labor for the year totaled $131,00

Manufacturing overhead= $153,000.

The Work in Process Inventory account:

beginning balance of $24,000

ending balance of $23,000

<u>To calculate the total manufacturing cost, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 24,000 + (13,000 + 51,000 - 15,000) + 131,000 + 153,000 - 23,000

cost of goods manufactured= $334,000

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ElenaW [278]

Answer:

Option C: the price of one​ country's currency in terms of another​ country's currency

Explanation:

Exchange rate is simply the rate at which one currency is converted into another currency. foreign exchange market is said to be a market for changing or converting the currency of one country into that of another country. It enables conversion of the currency of one country into the currency of another and provides some insurance against foreign exchange risk.

3 0
2 years ago
Developing countries fall into two categories, moderately developed and less developed. Which of the following is not classified
ozzi

Answer:

Thailand

Explanation:

6 0
3 years ago
sara works in the IT department for a large retail store. She has been testing a theory about why an error message keeps popping
Nataly_w [17]

Answer: Sara must take a break and come back later.

Explanation: Have you ever struggled with hard problem and found that no matter how much you tried to figure it out, the answer just won’t come to you? This is an all-too-common problem for scientists, philosophers, mathematicians, novelists, musicians, and countless intellectuals alike. But as anyone who wrestles with creative/intellectual problems on the regular will tell you, the solution to a tough problem will often come at a time when they are not focused on the problem directly. To the contrary, solutions to problems often come when they are doing completely unrelated, like taking a walk or in the shower. Working for long stretches without breaks leads to stress and exhaustion. Taking breaks refreshes the mind, replenishes your mental resources, and helps you become more creative. Problem-solving may seem straightforward at first glance, but there are many employees who stumble over one or more of the critical steps, failing to successfully resolve workplace issues. Successful problem-solving requires several important skills that will help you proceed efficiently from identification to implementation.

6 0
3 years ago
Indicate the section operating activities,investing activities,financing activities,or none in which each of the following would
Pavlova-9 [17]

Answer and Explanation:

The indication of the following transactions for the cash flow statement is given below:

a. Operating activities

b. Operating activities

c. Financing activities

d. Financing activities

e. None

f. Financing activities

g. Investing activities

h. Investing activities

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j. OPerating activities

3 0
3 years ago
Radar Company sells bikes for $480 each. The company currently sells 4,000 bikes per year and could make as many as 4,370 bikes
Hatshy [7]

Answer:

$65,000

Explanation:

The total cost of the additional order will be $46,000 of fixed costs and an additional $160 of variable costs for each of the 370 bikes. The additional production cost is:

C=\$46,000+370*\$160\\C=\$105,200

If each bike is going to be sold for $460, then the additional income (excluding taxes) from accepting this order is:

I=(price*units)-cost\\I=(\$460*370)-\$105,200\\I=\$65,000

Radar's additional income is $65,000.

6 0
3 years ago
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