1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zzz [600]
3 years ago
6

Arturo​ Manufacturing, Inc. provided the following information for the​ year: Beginning Balancelong dash​Work-in-Process Invento

ry $ 152 comma 000 Ending Balancelong dash​Work-in-Process Inventory 63 comma 000 Beginning Balancelong dashDirect Materials 269 comma 000 Ending Balancelong dashDirect Materials 52 comma 200 Purchaseslong dashDirect Materials 131 comma 000 Direct Labor 73 comma 120 Indirect Materials 52 comma 700 Indirect Labor 133 comma 500 Depreciation on Factory Plant and Equipment 73 comma 780 Plant Utilities and Insurance 71 comma 600 How much is the cost of goods​ manufactured?
Business
1 answer:
11111nata11111 [884]3 years ago
3 0

Answer:

Cost of good manufactured=  $841700

Explanation:

To calculate the cost of manufactured goods we need to use the following formula:

Cost of good manufactured= Beginning work in progress+ direct materials of the period + direct labor + manufactured overhead - ending work in progress

Beginning work in progress= $152000

Direct materials = beginning inventory + purchase - ending inventory= 269000 +131000 - 52000= 348000

Direct labor= 73120

Manufactured overhead=ndirect Materials + Indirect Labor + Depreciation on Factory Plant and Equipment + Plant Utilities and Insurance= 52700 + 133500 + 73780 + 71600= $331580

Ending work in progress= 63000

Cost of good manufactured= 152000 + 348000 + 73120 + 331580 - 63000= $841700

You might be interested in
6. After you determine the costs of doing the research, what should be your next decision?
Hunter-Best [27]

Answer:

After determining the costs of doing a research, it is possible to take on two different paths: to ask for public and/or private funding, and/or planning and/or outlining the development of the research.

Explanation:

To determine the costs of a research is one of the first steps researchers make, in order to prepare for how they are going to develop that and what will be necessary for doing so. The next step could be two different things: either to ask for public and/or private funding, in order to get the amount of money needed for development, and also for establishing a broad network with companies and institutions interested in the research; and/or to plan and/or outline the development of the research itself, having all major and specific aims outlined and structured with specific informations about who will be the agent of each action, what is the aim for each of them, how it is going to be developed in practice and real life, the studies and scientific networks liked to the research, the expected results with possible problems and solutions, the testing needed if any action takes a wrong or not expected turn, and the turning point of concluding the research tied to the aims achieved with their consequences for future researches.

3 0
3 years ago
Slick Sam has a special relationship with his banker. The nature of the relationship is as follows: The bank owes Sam $100 per y
kodGreya [7K]

Answer:

X=97.24

Explanation:

PV = Present Value = X+2000 by the 16th years

PMT = Payments = $100

FV = Future Value = 2000 at the end of 16 years

n= number of years

Applying the equation of future value for annuity

FV = pmt* ​((1+r)ⁿ - 1   )/r

Inputting the values;

2000=100*((1+r)¹⁶-1)/r

Solving for r, gives r = 2.9%

Therefore using the formula for PV for annuity;

PV=PMT*(1-(1/1+r)/r)

X=100*(1-(1/1.029)/0.029

X=100*((1-0.9718)/0.029)

X=100*(0.0282/0.029)

X=97.24

4 0
4 years ago
What are operating expenses?
skad [1K]

Answer:

see below

Explanation:

Operating expenses are the cost a business incurs while engaging in its normal business operations. They are the costs not directly be attached to the production process. A business incurs operating expenses in managing it day to day activities. They exclude one time expenses such as judgment cost,  accounts adjustments, and other non-recurring costs.

Operating expenses are classified into administrative, selling, and general expenses. Businesses cannot avoid operating expenses; hence the management should strive to keep them as low as possible. Examples of operating expenses include rent, salaries,  employee benefits, transport,  depreciation, repairs, taxes, sales commissions, amortization, and pension contributions.

3 0
4 years ago
The cost performance index (CPI): a. can be used to estimate the projected cost of completing the project. b. indicates that the
Evgen [1.6K]

Answer:

The correct answer is letter "A": can be used to estimate the projected cost of completing the project.

Explanation:

The Cost Performance Index or CPI measures the projected cost of work completed compared to the current cost spent. The CPI represents a ratio of earned value to actual cost. If the CPI is greater than one, the project is under budget. When the CPI equals one the planned and actual costs are equal. If the CPI is higher than one, the project is over budget.

3 0
3 years ago
In the context of the types of organizations that do business across national borders, the architecture of the global informatio
DaniilM [7]

Answer:

a. multinational

Explanation:

Analyzing the options given:

Multinational: A company that has a presence in more than one country and have a central management but tries to adapt its offering to the local market.

International: Refers to importers and exporters which don't have investments out of their home market.

Global: Companies that have a presence in many markets and they establish a single strategy to market the products in all the countries.

Transnational: Companies that are present in different markets that have a structure that is decentralized with bases and management in different place where it operates.

According to this, the structure that requires a higher level of standardization for global efficiency, and yet it must maintain local responsiveness is a multinational company because these organizations have a main office but they also adapt to each market.

6 0
4 years ago
Other questions:
  • Miguel, Inc. reported net income of $2.5 million in 2022. Depreciation for the year was $160,000, accounts receivable decreased
    11·1 answer
  • Does anyone have some sort of idea for inventing something, that would be useful to everyone in the world? It could be as simple
    7·1 answer
  • Decision alternatives:_______
    6·1 answer
  • Jenna composes an email from home to her boss to inform him that she will be late getting to work that day. The act of composing
    13·2 answers
  • Which of the following is false? Economists who advocate discretionary monetary policy argue that it is more likely to achieve t
    11·1 answer
  • On August 1, Ling-Harvey Corporation (a U.S.-based importer) placed an order to purchase merchandise from a foreign supplier at
    7·1 answer
  • AARP is a powerful political interest group that also maintains a lucrative business providing health and life insurance to its
    14·1 answer
  • On April 1, Griffith Publishing Company received $2,628 from Santa Fe, Inc. for 36-month subscriptions to several different maga
    15·1 answer
  • International trade specialists that buy goods at a discount from a small businesses and resell them abroad are called
    8·1 answer
  • Sunland Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be dri
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!