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vaieri [72.5K]
3 years ago
7

g Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold

at the end of the month. In July the company completed job F21X that consisted of 10,500 units of one of the company's standard products. No other jobs were in process during the month. The job cost sheet for job F21X shows the following costs: Beginning balance $45,150 Direct materials $363,300 Direct labor cost $161,700 Manufacturing overhead cost applied $207,900 During the month, the actual manufacturing overhead cost incurred was $205,800 and 7,000 completed units from job F21X were sold. No other products were sold during the month. The unadjusted cost of goods sold (in other words, the cost of goods sold BEFORE adjustment for any underapplied or overapplied overhead) for July is closest to:
Business
1 answer:
OleMash [197]3 years ago
7 0

Answer:

$518,700

Explanation:

For the computation of unadjusted cost of goods sold first we need to find out the total cost of Job F21X and cost per unit which is shown below:-

The Total cost of Job F21X = Beginning balance + Direct materials + Direct labor + Manufacturing overhead applied

= $45,150 + $363,300 + $161,700 + $207,900

= $778,050

Cost per unit = Total cost of Job F21X ÷ Number of units

= $778,050 ÷ 10,500

= $74.10

Cost of goods sold = Completed units from Job F21X × Cost per unit

= 7,000 × $74.10

= $518,700

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Savatey [412]

Answer:

C ) central bank.

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Central bank is also known as banker's bank or bank for commercial banks. They are custodians of cash reserves of commercial banks and lenders too. Commercial banks also store a percentage of it's deposit with commercial banks.

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3 years ago
Mission Company is thinking of discontinuing product line F because it is reporting an operating loss. All fixed costs are unavo
Ierofanga [76]

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Operating income will decrease.

Explanation:

The company's operating income is dependent on the production lines and in the short run the company might be cutting its expenses and losses by shutting down the production line but cutting a part of the company which can produce revenue is never a solution rather the company checks how they can cut down their expenses as they have unavoidable fixed expenses by this action it will seem that they will cut $21000 rental expense only and how much revenue will they will actually loose? a lot.

The company can even adjust on the space they rent or move t a cheaper cost and also work on the expenses that are unavoidable to decrease them and maximize on getting more revenue.

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3 years ago
For every decision you make, there is a trade off?
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I’m confused about the question
5 0
3 years ago
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natita [175]

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4 0
3 years ago
The Bethlehem Inn is an all-equity firm with 9,000 shares outstanding at a value per share of $26.80. The firm is issuing $39,93
IgorLugansk [536]

Answer:

Value of equity = 9,000 x $26.80 =  $241,200

Value of debt issued = $39.932

Value of equity after debt repayment = $241,200 - $39,932

                                                                          =  $201,268                                                                                                                                                                                                                                                                                

No of equity outstanding after debt repayment = <u>$201,268</u>

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                                                                               =  7,510 shares

Explanation:

In this regard, there is need to determine the value of equity after debt repayment, which is value of equity minus value of debt repaid. Then,we  will divide the value of equity after debt repayment by the value of equity per share. This gives the number of shares outstanding after debt repayment.

3 0
3 years ago
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