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Mrac [35]
3 years ago
6

In the Schedule of Cost of Goods Manufactured, Cost of goods manufactured = Total manufacturing costs + Beginning work in proces

s inventory − Ending work in process inventory.
A. True
B. False
Business
1 answer:
Tpy6a [65]3 years ago
4 0

Answer:

A. True

Explanation:

The formula to compute the cost of goods manufactured is shown below:

Cost of goods manufactured = Opening work in process + Manufacturing cost - ending work in process

here the manufacturing cost refers to the direct material cost, direct labor cost and the manufacturing overhead cost i.e. indirect cost that is required to manufacturing a product

hence, the given statement is true

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Managers feel confident that they can understand, predict, and react to the external forces affecting their businesses when:____
stealth61 [152]

Answer:

D. Resource scarcity is low

Explanation:

When environmental changes and complexities are at low levels ( that is, like technological changes, law, politics, conpetition, trends etc.) and also resource scarcity is low (which means resources are in abundance or plentiful), managers becomes more confident that they can understand, predict, and react to the external forces affecting their businesses.

Low resource scarcity is makes managers very confident because they have available more resources to undergo their production processes.

8 0
3 years ago
A portfolio is consisted of two stocks:$1,000 in stock X and $3,500 in stock Y. The expected return on stock X is 12%, and 6% fo
oksano4ka [1.4K]

Answer:

Portfolio return = 7.3%

Explanation:

<em>The portfolio expected rate of return would be the weighted  average expected rate of return</em>

Weighted average expected rate of return=

12%× (1000/(3500+1000) + (3,500/(1000+3500)× 6%= 0.073333333

Expected rate of return = 0.073333333 × 100 = 7.3%

Portfolio return = 7.3%

6 0
3 years ago
In this statement, which type of spending is President
sineoko [7]

<u>Answer: </u>Option 2 discretionary

<u>Explanation:</u>

Spending can be mandatory spending or discretionary spending. Mandatory spending means the spending on essentials goods such as food. Discretionary spending means the spending on recreation and entertainment where people have additional money in hand after meeting their necessary expenses.

In this speech Obama speaks about the non essential expenses when they are controlled more investments can be made. He says when all the departments cut down their discretionary expenses then can result in economic growth.

7 0
3 years ago
Read 2 more answers
when an owner records a credit for 650 for revenue earned but not yet received the amount of the debit should be
Tanzania [10]
Debited in receipts and payments account.

I hope it helped you!
4 0
3 years ago
g A REIT with 100 shares outstanding earns $1,000 in rent and incurs operating expenses of $400. In addition, the REIT owns prop
anygoal [31]

Answer: $1.90

Explanation:

The dividend payment that has to be made needs to be less than the Earnings per share in order for the REIT to maintain its tax exempt status.

EPS = (Net income - Expenses) / Number of shares

Expenses = Operating expenses + Depreciation

= 400 + (6,000 / 15 years)

= $800

EPS = (1,000 - 800) / 100

= $2.00

<em>The only option less than $2.00 is the first option of $1.90 so this is correct. </em>

5 0
3 years ago
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