Answer:
124,300
Explanation:
Finished goods is the inventory which is completed during the period and is ready to be sold out. Finished goods is a part of available for sale inventory of a company. Crane corporations finished goods inventory on the year end December 31 is 124,300. This is calculated as follows,
Finished goods inventory = Beginning Work in process - Materials added - Ending work in process .
Finished goods inventory = $14,600 + $126,400 - $16,700
Finished goods inventory = 124,300
True customers come first.
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-Warning2
Many people tend to be too conservative when investing their retirement funds this is true
- Medical expenses. Most of us will experience rising medical costs as we age, which could be problematic without adequate preparedness.
- Market turbulence, inflation, and so on
- Running out of money, losing a spouse, etc.
- Rising inflation, shifting interest rates, erratic stock market behavior, and ineffective retirement plans are just a few examples of financial hazards.
- Neglecting Your Long-Term Plan. It's far too simple to be seduced by busy markets and promises of substantial rewards.
- Taking out loans against retirement funds, skipping required minimum distributions, etc.
Learn more about medical expenses here brainly.com/question/14152634
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Since the indirect cost cannot be conveniently or economically traced directly to a cost pool or cost object, the management accountant will assign them by means of cost allocation.
<h3>What is the indirect cost?</h3>
The cost that is not directly related to the manufacturing process but plays a significant role in business is referred to as an indirect cost. It includes rent, salaries, office expenses, administration expenses, stationery, and so on.
The distribution of a single expense among numerous organizations, departments, or cost centers is known as cost allocation. It facilitates decision-making, waste reduction, and product pricing for businesses.
Learn more about cost allocation, here:
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