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spin [16.1K]
3 years ago
6

Chmelar Manufacturing Company developed the following data: Beginning work in process inventory $ 80,000 Direct materials used 4

80,000 Actual overhead 560,000 Overhead applied 540,000 Cost of goods manufactured 1,280,000 Ending work in process 60,000 How much are total manufacturing costs for the period? Select one: a. $1,580,000 b. $1,260,000 Correct c. $1,100,000 d. $1,220,000
Business
1 answer:
Jet001 [13]3 years ago
7 0

Answer:

b. $1,260,000

Explanation:

The computation of the total manufacturing cost is shown below:

= Cost of goods manufactured + ending work in process - beginning work in progress

= $1,280,000 + $60,000 - $80,000

= $1,260,000

We simply add the ending work in progress and deduct the beginning work in progress to the cost of goods manufactured so that the accurate amount can come

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Crador Corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion co
klasskru [66]

Answer: 62.5%

Explanation:

Equivalent units = Units completed and transferred out + percentage completed of ending inventory

14,800 = (1,100 + 14,000 - 800) + Percentage

14,800 = 14,300 + Percentage amount completed

Percentage amount completed = 14,800 - 14,300

Percentage amount completed = 500 units

Percentage = Ending equivalent units / ending inventory

= (500/800) * 100

= 62.5%

8 0
3 years ago
A survey of 1000 executives ranked _____________ at the top, as the ideal manager's skill. a. listening b. conflict resolution c
kotegsom [21]

Answer:

The correct answer is letter "A": listening.

Explanation:

Ideal manager skills are a set of practices and preferred behaviors high-range executives are expected to have or develop for managerial purposes. Among those aptitudes good communication and organization are vital. That is why listening is very important since managers must listen to their bosses as well as to their subordinates and customers.

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3 years ago
True or false. the emotional needs of human infants are as important as their physical needs
Mice21 [21]
True! Instances of babies that are treated poorly both mentally and physically can equally affect the mental health of that child as they grow up.
3 0
3 years ago
Read 2 more answers
Hank purchased a $28,000 car two years ago using an 8 percent, 5-year loan. He has decided that he would sell the car now, if he
muminat

Answer:

$18,117.58

Explanation:

the question requires that we find the minimum price Hank would need to receive his first car.

loan = $28,000

rate = 0.08/12 = 0.0067

the monthly payment can be calculated as:

loan /[0.0067/1-(1/(0.0067)^60))]

= 28000/[1-1/(1.0067^60)/0.0067]

= 28000/(1-(1/1.0067)^60)/0.0067

= $567.74

The minimum price can be calculated as:

pmt = 567.74 x [(1-(1/1.0067^36))/0.0067) x 0.0067

= $18,117.58

8 0
3 years ago
Troboli is a North American country. The total value of all final goods and services produced in Troboli in the last fiscal year
Natalka [10]

Answer:

GDP as Gross Domestic Product

Explanation:

GDP termed as or stands for Gross Domestic Product, which is a broadest measure of total or aggregate economic activity of the nation in the terms of quantitative evaluation.

GDP states the monetary value of all the services and goods or products with the geographic borders of the nation over the particular period or time.

So, in this case, the aggregate value of all the goods and services by which the economic condition is assessed is referred to as GDP (Gross Domestic Product).

6 0
3 years ago
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