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DiKsa [7]
3 years ago
6

Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased.............

...........$124,800 Direct materials used..........................74,300 Direct labor used..............................55,000 Total factory overhead.........................95,700 Work in process inventory, beginning of year........ 26,500 Cost of goods manufactured..................... 221,800
Business
1 answer:
labwork [276]3 years ago
3 0

Answer:

Ending work in progress is $29,700

Explanation:

The total manufacturing cost is computed as:

Total manufacturing cost = Direct material used + Direct Labor + Factory overhead

= $74,300 + $55,000 + $95,700

= $ 225,000

The total cost of work in progress is computed as:

Total cost of work in progress = total manufacturing cost + Opening work in process inventory

= $225,000 + $26,500

= $251,500

The ending work in progress is computed as:

Ending work in progress = Total cost of work in progress - Cost of goods manufactured

= $251,500 - $221,800

= $29,700

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Currently, the U.S. Olympic Committee (USOC) pays Olympic athletes $25,000 for each gold medal, $15,000 for a silver medal, and
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Answer:

Disability Discrimination

Explanation:

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Disability discrimination is often witnessed in employment in issues including; recruitments, promotions, trainings, lay-ffs, leaves, benefits and payments.

In this particular question, disability discrimination is a kind of inequity obvious in the fact that Paralympic athletes are only paid 10 percent of what the Olympic athletes receive, despite the fact that they are engaged in similar physical activities. The fact that is the same U.S Olympic Committe (USOC) that pays both set of athletes makes it a form of employment inequity in form of disability discrimination.

7 0
3 years ago
Earnings per share: Select one: a. Will always be lower than the dividend paid per share b. Will always be higher than the divid
Svetlanka [38]

Answer:

b. Will always be higher than the dividend paid per share

Explanation:

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Earnings per share (EPS) is expressed as:

= \frac{Earnings\ available\ to\ stockholders}{No.\ of\ stocks\ outstanding}

Dividend payout ratio on the other hand is expressed as:

= EPS (1 - b)

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Thus, a firm's earnings per share would always be higher than the dividend paid by it per share.

7 0
3 years ago
FDIC is:
seropon [69]

Answer:

c) A government insurance program that will pay back account holders if the bank or lending institution fails

Explanation:

The FDIC is an acronym for Federal Deposit Insurance Corporation. It was founded by Franklin Roosevelt on the 16th of June, 1933.

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5 0
4 years ago
Read 2 more answers
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Answer:

The correct answer is letter "D": Development of brownfields in urban areas.

Explanation:

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5 0
4 years ago
Read 2 more answers
Dakota, Inc. is a merchandiser of medallions. The company sold​ 15,100 units during the year. The company has provided the fol
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Answer:

$19.21

Explanation:

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7 0
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