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strojnjashka [21]
3 years ago
13

Robinson Manufacturing found the following information in its accounting​ records: $ 519 comma 800 of direct materials​ used, $

226 comma 700 of direct​ labor, and $ 775 comma 800 of manufacturing overhead. The Work in Process Inventory account had a beginning balance of $ 72 comma 400 and an ending balance of $ 87 comma 600. Compute the​ company's Cost of Goods Manufactured.
Business
1 answer:
Damm [24]3 years ago
5 0

Answer:

Cost of good manufactured=  $1507100

Explanation:

To calculate the cost of manufactured goods we need to use the following formula:

Cost of good manufactured= Beginning work in progress+ direct materials of the period + direct labor + manufactured overhead - ending work in progress

Beginning work in progress= 72400

Direct materials = beginning inventory + purchase - ending inventory= 519800

Direct labor= 226700

Manufactured overhead= 775800

Ending work in progress= 87600

Cost of good manufactured= 72400 + 519800 + 226700 + 775800 - 87600= $1507100

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Answer:

If closed the operating income  will decrease by 50,000

Is a better scenario to continue with the residential sercives

Explanation:

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contribution margin 450,000

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net loss 30,000

<em><u>drop scenario:</u></em>

contribution margin = 0

fixed cost 450,000-370,000 = 80,000

net loss (80,000)

8 0
3 years ago
"The best business portfolio is the one that ________.
diamong [38]

Answer:

The correct answer is option B,the business portfolio is the one that best fits the company's strengths and weaknesses to opportunities in the environment.

Explanation:

SWOT analysis is a performance appraisal technique that is used in analyzing organization based on its strengths and weaknesses (in internal environment) as a means to exploring opportunities and reducing threats from external environment.

The best a company can offer its customers in terms of products and services is that combination that maximizes it strengths and opportunities while also minimizing its weaknesses and threats.

8 0
3 years ago
Your parents invested $1000 into an account when you were born. The account has an interest rate of 6% and compounds monthly (12
Gelneren [198K]

Answer:

$3,310.20

Explanation:

The applicable formula in this case is

A = P x ( 1 + r )^ n

Where A= amount after 20 years

P is principle amount= $1000

r is interest rate = 6 % or 0.06 per year: monthly interest = 0.06/12

n is number of periods = 12 months x 20 years

A = $1000 x ( 1 + 0.005) ^240

A = $1000x (1.005) ^ 240

A =$1000 x 3.31020447580

A =$3,310.2044

8 0
3 years ago
What is the opposite of fade-in, when the image goes black?
Flura [38]

Answer:Umm fade out is the opposite if fade in, but it might not be correct.

Explanation:

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5 0
3 years ago
If the elderly consume the same market basket as other people, then Social Security would have an uncertain impact on their stan
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Answer: b false

Explanation:
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2 years ago
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