Which job category is likely to deal with primarily supply chains

g Crane Corporation incurred the following costs while manufacturing its product. Materials used in product$126,400Advertising e

IgorC [24]

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

5 0

3 years ago

Lyon, a cash-basis taxpayer, died on January 15, Year 2. In Year 2, the estate executor made the required periodic distribution

tensa zangetsu [6.8K]

Lyon need a different job I think. Cause that what’s 20thousa d less then what my mothers in law makes?

7 0

3 years ago

Semtech Manufacturing purchased land and building for $5 million. In addition to the purchase price, Semtech made the following

cluponka [151]

Answer:

Semtech Manufacturing

1. Initial valuation of each asset:

Land = $3,526,460

Building = $1,511,340

2. The initial valuation of land = $5,449,800

Explanation:

a) Data and Calculations:

Cost of purchased land and building = $5 million

Additional expenditures:

Title insurance $ 24,000

Legal fees for drawing the contract 9,000

Prorated property taxes for the period after acquisition 44,000

State transfer fees 4,800

Allowed additional costs:

Title insurance $ 24,000

Legal fees for

drawing the contract 9,000

State transfer fees 4,800

Total additional costs $37,800

Total expenditure on the land and building = $5.037.8 million

Initial valuation of each asset:

Land = $3,526,460 ($5,037,800 * $4,200,000/$6,000,000)

Building = $1,511,340 ($5,037,800 * $1,800,000/$6,000,000)

Cost of land after the demolition of the building:

Initial purchase cost of land and building = $5 million

Additional cost = $37,800

Demolition costs = $330,000

Salvage of materials ($5,000)

Clearing and grading land = $87,000

Total cost of land = $5,449,800

4 0

3 years ago

Free trade refers to a situation where _____. taxes are not imposed on goods that are produced and sold within a country goods a

mrs_skeptik [129]

<span>Free trade refers to a situation where the government doesn't restrict what goods and services it's citizens can purchase or sell to another country. taxes are not imposed on goods that are produced and sold within a country goods and services are offered for free to the citizens by a government a government does not try to influence what its citizens can buy from global markets firms that function in a country are not taxed on the profits that they generate</span>

3 0

3 years ago

Silver fire electric inc. , a u. s. -based company, has productive activities in more than two countries. Silver fire electric i

telo118 [61]

Silver Fire Electric Inc is a multinational enterprise.

A multinational enterprise, abbreviated as MNE and every so often also known as multinational corporation (MNC), just multinational or international corporation, is an employer generating items or delivering offerings in more than one country.

A multinational business enterprise is a corporate employer that owns and controls the manufacturing of goods or offerings in as a minimum one united states apart from its domestic united states.

Multinational corporations assist to create employment possibilities and international. Inward investments with the aid of MNCs construct a great deal-needed overseas currency for developing and growing economies. they also generate employment possibilities and assist enhance the expectation of what's possible in lesser advanced countries.

Learn more about Multinational corporations here brainly.com/question/494475

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6 0

2 years ago