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andrezito [222]
3 years ago
12

Last month a manufacturing company had the following operating results: beginning finished goods inventory - $84,000; ending fin

ished goods inventory - $71,000; sales - $505,000; gross margin - $63,000.What was the cost of goods manufactured for the month?A) $429,000.B) $492,000.C) $442,000.D) $455,000.
Business
1 answer:
prohojiy [21]3 years ago
3 0

Answer:

A) $429,000

Explanation:

For computing the cost of goods manufactured for the month, we have to use the formula which is displayed below:

= Sales - Gross profit + ending finished goods inventory - beginning finished good inventory

= $505,000 - $63,000 + $71,000 - $84,000

= $429,000

All items which are mentioned in the question are to be considered in the computation part.

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Lemur [1.5K]

Recently I conducted a presentation to an audience composed mostly of teenager about the importance of team work. It took place at the American Corner of the State Library. It comprised of about 50 teenagers from various states.

<h3>How did you adapt it to your public?</h3>

Because they were teenagers, I used words that were more suited to their generation.

Because it was a pseudo (or semi) formal presentation, I was free to use words such as;

  • Do.pe - cool or awesome
  • Gucci - Good, cool, or going well.
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<h3>How did your auditors react? what did you get out of it?</h3>

The auditors were well informed about what I was doing so they welcomed it a a good idea.

The objective was to  be able to communicate to them in a way that showed that the presenter understood them.

This helped the presenter to connect as well as communicate effectively.

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3 0
2 years ago
A politician, surrounded by a crowd of people, comes under gunfire. The would-be assassin is using a fully automatic firearm. A
cricket20 [7]

Answer:

<u>Morally wrong</u>

Explanation:

From a utilitarian perspective the action of the body guard would be tagged as morally wrong, because it is of the view of the utilitarian that an action should be for the greater good of people irrespective of whether that action is a bad action.

Thus, since the target was the politician, he would have allowed the assassin take the life of the one man - the politician so as to avoid fifteen people been killed, and four wounded.

8 0
3 years ago
When determining the cost of a manufactured good under an operation-costing system, a company would:
Nonamiya [84]

A company would trace direct-material cost to each product produced and use a predetermined application rate for conversion cost.

Explanation:

In this operation costing system the cost of the operation and the process cost are in parallel with the conversion cost and when when a company uses this they trace the direct material cost to each of the product produced and they predetermine the application rate of the conversion cost

The raw materials are manufactured in one way and the individual products are manufactured in another way and hence there is a mix of both the jobs and the prices may vary. Hence to avoid this confusion operation costing system was introduced

7 0
3 years ago
g Jackson Industries uses a standard cost system in which direct materials inventory is carried at standard cost. Jackson has es
True [87]

Answer:

Direct material price variance= $21,450

Explanation:

Giving the following information:

Direct materials 4 pounds $4.70 per pound

May:

Jackson purchased 107,250 pounds of direct material at a total cost of $525,525.

To calculate the direct material price variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Actual price= 525,525/107,250= $4.9

Direct material price variance= (4.7 - 4.9)*107,250

Direct material price variance= $21,450

3 0
3 years ago
I have question with it can you help me please??​
Simora [160]

Answer:

Pick-up Later:

Set a pickup date

Process the transaction

Place all the items in the pickup area near the front of the store

Place a note on the items indicating they are sold.

Explanation:

The purpose of the above procedure is to enable the customer to take delivery of purchased goods hitch-free.  The pick-up area needs to be covered against rain so that the mulch and topsoil do not degrade.  It is assumed that the customer's contact information and payment have been secured before the arrangement for pick-up later.

5 0
3 years ago
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