Given the following data for Harder Company, compute cost of goods manufactured: Direct materials used $120,000 Beginning work i
n process $20,000 Direct labor 200,000 Ending work in process 10,000 Manufacturing overhead 150,000 Beginning finished goods 25,000 Operating expenses 175,000 Ending finished goods 15,000 a. $460,000 b. $470,000 c. $480,000 d. $490,000
<span>The price of coffee rose sharply last month, while the quantity sold remained the same can be a result of several situations and therefor there are several explanations that are possible: </span><span>Demand increased, but supply was perfectly inelastic. </span><span>Demand increased, but supply decreased at the same time. </span>Supply decreased, but demand was perfectly inelastic.
Stock is equity in a company that is used to help fund the expenses of a company, particularly when they are looking to grow beyond their current revenue sources. It is most useful when a company anticipates growing its revenues or decreasing its expenses through using this new capital in order to deliver a positive return for its equity investors who hold the stock certificates.
