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Aliun [14]
3 years ago
13

Townley inc has provided the following data for the month of February. There were no beginning inventories; consequently, the di

rect labor, and manufacturing overhead applied listed below are all for the current month.
Work In Process Finished Goods Cost of Goods Sold Total
Direct materials $4,240 $14,720 $41,680 $60,640
Direct labor 10,040 29,440 83,840 123,320
Manufacturing-
overhead applied 5,830 11,110 34,980 51,920
Total $20,110 $55,270 $160,500 $235,880

Manufacturing overhead for the month was overapplied by $4,200.
The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts.
The work in process inventory at the end of March after the allocation of any underapplied or overapplied manufacturing overhead for the month is closest to ______. (Round intermediate percentage computations to the nearest whole percent.)
Business
1 answer:
serious [3.7K]3 years ago
6 0

Answer:

$19,648

Explanation:

The computation of the ending work in process after considering the allocation of any under applied or over applied is shown below:

But for that first we have to find out the percentage of allocated overhead which is given below:

= Work in process manufacturing overhead applied ÷ Total manufacturing overhead applied

= $5,830 ÷ $51,920

= 11%

And, the over applied manufacturing overhead is $4,200

So, its allocation is

= $4,200 × 11%

= $462

Now the ending work in process is

= $20,110 - $462

= $19,648

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Multinational enterprises (MNEs) have an impact far beyond their firm boundaries. Assume you are working for a small firm that s
In-s [12.5K]

Answer:

Multinational enterprises (MNEs)

Relationship Change as the MNE moves from Globalization 2.0 to Globalization 3.0 operations:

This move means that Indian and Chinese companies would be competing with my local small firm.  The MNE may be looking for cheaper prices for my company's products and services, which the Indian and Chinese companies would more efficiently supply it.  My firm may be on the precipice of liquidating if this MNE is our major customer.  My firm must move fast to become more competitive by differentiating our products and services with better quality and perhaps reduced production costs, to enable it compete more favorably with the Indian and Chinese competitors.  Otherwise, we may regard the relationship as nearing its end and prepare for other opportunities with other companies.

Explanation:

Globalization reduces national boundaries by integrating national economies into a globalized economy, thus enabling companies to compete globally for financial resources, goods, and services.  When Globalization 1.0 happened, countries were globalized and the world became a global village.  When Globalization 2.0 from which the G7 profited largely, companies were globalized.  With the current Globalization 3.0, individuals are being globalized, and the highest beneficiaries are Indian and Chinese nationals who appear better prepared to take on the world, garner most of the important resources to themselves, and call the shots from the boardrooms.  An example is Microsoft's current CEO, Satya Nadella, who is an Indian-American.

4 0
3 years ago
Blackwelder co. calls a meeting to announce to the media that it is hiring a new ceo and changing the company name to natural ba
Galina-37 [17]
<span>Blackwelder co. calls a meeting to announce to the media that it is hiring a new ceo and changing the company name to natural basics. the company will distribute additional materials at this meeting, which is called a press conference.

</span><span>A press conference is a meeting organized for the purposes of distributing information to the media and answering questions from reporters.</span>
5 0
3 years ago
The narrowest definition of the money supply (M1) includes:
fenix001 [56]

Answer:

c. cash, checking account balances, and travelers' checks.

Explanation:

Money Supply is the concept that means the amount of the liquid financial products and total currency in the market or economy. It is regulated the macro-economically by the monetary policy. So, there are types of measures of money supply or stock:

-M0: narrowly, it means the hard currency in circulation

-MB: it equals M0+ the hard currency which are not technically in circulation and in bank reserves.

-M1: it is the most common one and equals M0 plus checking accounts plus travelers’ checks and other checkable deposits.

-M2: covers M1 and saving accounts and CDs.

-M3: it surrounds the larger deposits.

-MZM: finally, this indicates the money market deposits.

That’s why we could notice that M1 narrowly means the cash, checking account and travelers’ checks.

5 0
3 years ago
The inventory data for an item for November are:a. Nov. 1: Inventory 20 units at $19b. Nov. 10: Purchased 30 units at $20c. Nov.
Zigmanuir [339]

Answer:

the cost of the merchandise sold for November if the company uses LIFO is c. $590

Explanation:

LIFO Inventory System sells the Inventory recently acquired first followed by the Older Inventory Acquired.

<u>Cost of the merchandise sold for November - Calculation</u>

November 4 : 10 units × $19    =$190

November 17 : 20 units × $20 =$400

Total                                          =$590

4 0
3 years ago
Read 2 more answers
initially, only a and b are present, each at 2.00 m. what is the final concentration of a once equilibrium is reached?
nataly862011 [7]
 <span>The "REVERSIBLE" chemical reaction- 
A + B <--> C + D 
Kc = [C][D] / [A][B] = 6.8 
Concentration at the start and after equilibrium- 
[A] = 2.00 M --> (2.00 - X) M 
[B] = 2.00 M --> (2.00 - X) M 
[C] = 0.00 M --> X M 
[D] = 0.00 M --> X M 
6.8 = X^2 / (2.00 - X)^2 
take the square root of both sides- 
2.6077 = X / (2.00 - X) 
5.2154 - 2.6077 X = X 
5.2154 = 3.6077 X 
X = 1.4456 
at equilibrium- 
[A] = 0.55 M 
[B] = 0.55 M 
[C] = 1.45 M 
[D] = 1.45 M</span>
4 0
3 years ago
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