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marta [7]
3 years ago
14

Laflin Company reported the following year-end information: Beginning work in process inventory$1,080,000 Beginning raw material

s inventory300,000 Ending work in process inventory900,000 Ending raw materials inventory480,000 Raw materials purchased960,000 Direct labor900,000 Manufacturing overhead720,000 Laflin Company's cost of goods manufactured for the year is Select one: a. $2,400,000 b. $2,580,000 c. $2,220,000 d. $2,760,000
Business
1 answer:
melomori [17]3 years ago
3 0

Answer:

b. $2,580,000

Explanation:

The formula and the computation of the cost of goods manufactured is shown below:

= Direct materials used + Direct labor cost + Manufacturing overhead cost + beginning work-in-process inventory - ending work-in-process inventory

= $780,000 + $900,000 + $720,000 + $1,080,000 - $900,000

= $2,580,000

The direct material used is

= Beginning raw material inventory + purchase made - ending raw material inventory  

= $300,000 + $960,000 - $480,000

= $780,000

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Answer:

From the calculation below Up-Towne Movers just paid a dividend of $3.13

Explanation:

The price of share=D1/r-g

The Do is the dividend just paid which is the unknown in the equation

g is the dividend growth rate of 4.3%

r is the required return of 11.1%

The share price is $46.00

$46=Do/(11.1%-4.3%)

46=Do/0.068

by cross-multiplication the equation becomes

$46*0.068 =Do

Do=$46*0.068

Do=$3.13

The dividend just paid by Up-Towne Movers is $3.13 as calculated above from the share price equation

8 0
3 years ago
In the confirmation of accounts receivable, the auditor will most likely
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Answer:

A. Request confirmation of a sample of the inactive account.

Explanation:

In the confirmation of accounts receivable, the auditor would most likely Request confirmation of a sample of the inactive accounts .

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3 years ago
Burglar Bob breaks into Vince Victim’s house. Bob steals a flat-screen television and laptop and does a significant amount of da
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Answer:

The answers are:

  1. Vince Victim´s lawyer
  2. Burglar Bob will have to pay a monetary compensation.
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Explanation:

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The District Attorney´s office is responsible for bringing the criminal case against Burglar Bob. If the jury finds Burglar Bob guilty then he will probably spend some time in jail.  

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According to the given data we have that Dell forecast for sales is 1856 and there considering the 10% reserve first we would need to calculate the number of units after the reserve of 10% as follows:

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2. Why do many employers fail to adequately socialize or orient their new hires to the organization?
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Many employers fail to adequately socialize or orient their new hires to the organization because they are usually busy with and it takes lot of effort to do.

<h3>Who is an employer?</h3>

It should be noted that an employer simply means an individual who pulls resources together to achieve a goal. He's the owner of the business.

In this case, many employers fail to adequately socialize or orient their new hires to the organization because they are usually busy with and it takes lot of effort to do.

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