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9966 [12]
3 years ago
14

Desrevisseau Inc., a manufacturing company, has provided the following data for the month of August. The balance in the Work in

Process inventory account was $10,000 at the beginning of the month and $22,000 at the end of the month. During the month, the company incurred direct materials cost of $60,000 and direct labor cost of $39,000. The actual manufacturing overhead cost incurred was $40,000. The manufacturing overhead cost applied to Work in Process was $43,000. The cost of goods manufactured for August was: A. $145,000B. $130,000C. $133,000D. $142,000
Business
1 answer:
Delicious77 [7]3 years ago
5 0

Answer:

B. $130,000

Explanation:

We know,

Cost of goods manufactured = Direct materials + Direct labor + Manufacturing overhead + Beginning work-in-process - Ending work-in-process

Given,

Direct materials = $60,000

Direct labor = $39,000

Manufacturing overhead = $43,000 (As the manufacturing overhead cost applied to work-in-process, so we will take $43,000 instead of $40,000).

Beginning work-in-process = $10,000

Ending work-in-process = $22,000

Putting the information into the above formula, we can get,

Cost of goods manufactured = $60,000 + $39,000 + $43,000 + $10,000 - $22,000

Cost of goods manufactured = $130,000

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Answer:

If we add up the debit we got: 260,000 + 116,000 = 376,000

adding the credit we also get the same amount:

260,000 + 116,000 = 376,000

<u><em>the accounting equation will be:</em></u>

Assets 376,000 = Liabilities 116,000 + Equity 260,000

Explanation:

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EQUIPMENT

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ACCOUNTS PAYABLE

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COMMON STOCK

DBEIT   CREDIT

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Which relationship might suggest a heightened risk of fraud in the acquisition and payment cycle? a. Unexpected increases in the
masha68 [24]

Answer:

The correct answer is letter "A": Unexpected increases in the number of suppliers.

Explanation:

Frauds or money cleansing usually requires the help of a network of different business interconnected to clear the illegal funds with the excuse of having made commercial activities that never took place. In most cases, accounting documents are faked so that the proceeds of the questionable funds may seem as legal as possible.

In that case, if a company counts with more suppliers and fraud is taking place in the organization, <em>they will have the excuse of making more payments so more funds can go out of the company</em>.

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The _____ was developed to review workforce needs and make recommendations to the federal government to ensure that national pol
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3 years ago
Heartsong LLC is a designer and manufacturer of replacement heart valves based in Peoria, Illinois. While it is a relatively sma
zhannawk [14.2K]

Answer:

Explanation:

Competitive advantages are those factor that put a manufacturer in a better position over rivals in the market and gives her the benefit of higher pricing and brand loyalty.

In this scenario , the competitive advantage that Heartsong has in the industry is her world wide reputation as a provider of choice for high-quality leading -edge artificial heart valves.

However, she has fund limitation to enhance research and development , larger production and maintain additional inventory as demanded by the market . The sales on account pattern as vendors are not paid immediately and short lead time for ordering due to the nature of the heart valve was not helping the situation.

The outsourcing arrangement to Edfex will ease the stress on delivery as it has hightech warehouses in most major population centers around the country. The focus will now be on research and development and increased production capacity.

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Suppose the baldwin company expands to other markets with good designs, high awareness and easy accessibility, what strategy wou
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Since you mentioned that Baldwin compamny will expand to another company with better edge (products etc.) to appear on top, that simply means they are actively competing against the company they are expanding to while employing blue ocean strategy.

Therefore, the strategy they are using is none other than BLUE OCEAN STRATEGY.
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