1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tresset [83]
3 years ago
5

9) Selected information regarding a company's most recent quarter follows (all data in thousands). 9) _______ Direct labor $540

Beginning work in process inventory $330 Ending work in process inventory $420 Cost of goods manufactured $1620 Manufacturing overhead $830 What was the cost of direct materials used for the quarter
Business
1 answer:
disa [49]3 years ago
6 0

Answer:

Direct material= $340

Explanation:

Giving the following information:

Direct labor $540

Beginning work in process inventory $330

Ending work in process inventory $420

Cost of goods manufactured $1620

Manufacturing overhead $830

T<u>o calculate the direct material used in production, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

1,620= 330 + DM + 540 + 830 - 420

Direct material= $340

You might be interested in
Which of these statements is correct with regard to the implementation of marketing objectives?
xz_007 [3.2K]

Answer:

B). A lot of ongoing communication is involved when executing a plan.

Explanation:

The second statement regarding 'a lot of ongoing communication is involved when executing a plan' is the most correct regarding the implementation of marketing objectives. <u>Effective communication is the most significant key to ensure that the plans are timely and efficiently executed, the tasks are divided and coordinated significantly, and the desired goals and objectives are achieved successfully</u>. Thus, <u>option B</u> is the correct answer.

3 0
2 years ago
Carly donated inventory (ordinary income property) to a church. She purchased the inventory last month for $100,000, and on the
MissTica

Answer:

$92,00

Explanation:

Base on the scenario been described in the question which we saw how Carly donated an to the church, when she purchased the gift, it was $100,000 but when she is to present the gift to the church, the fair market value became $92,000 which is her maximum charitable contribution deduction

the charitable deduction for ordinary income property is the lesser of fmv or basis limited to 50% of AGI

8 0
3 years ago
Which factors can affect a stock's price? Check all that apply.
Tanya [424]
I have no idea haha but how’s your guys day going
8 0
2 years ago
The advantages of partnerships include ease of start-up, shared decision making and a larger pool of capital. true or false
iVinArrow [24]
The answer would be: True

4 0
3 years ago
You are a loan officer for National Bank. You have a loan application submitted by a company for $50,000. This company just got
Natali5045456 [20]

Answer:

cash 5000

Explanation:

I think thats right

7 0
2 years ago
Other questions:
  • The opportunity cost of going to college is
    11·1 answer
  • A pegged exchange rate means the value of the currency is fixed relative to a reference currency
    14·1 answer
  • You need a 35-year, fixed-rate mortgage to buy a new home for $340,000. Your mortgage bank will lend you the money at an APR of
    8·1 answer
  • Which of the following should you NOT do to protect yourself from exposure to bloodborne pathogens?
    11·1 answer
  • Information related to Tamarisk, Inc. is presented below. 1. On April 5, purchased merchandise on account from Culver Company fo
    13·1 answer
  • Imagine that the U.S. economy has an initial unemployment rate equal to the natural rate of unemployment. Identify each event as
    15·2 answers
  • total fixed costs for diamong enterprises are $700,000. Total costs, including both fixed and variable, are $920,000 if 140,000
    9·1 answer
  • Returning workers confront creepy time capsules of pre-pandemic life
    11·1 answer
  • The straight-line depreciation method and the double-declining-balance depreciation method: A. Produce the same depreciation exp
    11·1 answer
  • What is the amount of government revenue after the government imposes the excise tax on the market?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!