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Lesechka [4]
3 years ago
9

Lopez Corporation incurred the following costs while manufacturing its product Materials used in product Depreciation on plant P

roperty taxes on store Labor costs of assembly-line workers 119,500 Sales commissions Factory supplies used $123,700 Advertising expense $48,000 17,800 28,200 40,600 57,600 62,600 Property taxes on plant 7,700 Delivery expense 26,200 Salaries paid to sales clerks Work in process inventory was $14,600 at January 1 and $17,500 at December 31. Finished goods inventory was $62,700 at January 1 and $50,000 at December 31. Compute cost of goods manufactured. Cost of goods manufactured s Compute cost of goods sold
Business
1 answer:
Sonja [21]3 years ago
4 0

Answer:

See attached file

Explanation:

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Certain contracts, such as those involving the sale of personal property for $500 or more:_______.
djverab [1.8K]

Answer:

B. Must be written to be enforceable

Explanation:

In the United state, sale of personal property for $500 or more must be written to be enforceable. These kind of contracts are said to be within the statute of fraud.

These types of contracts are called Sales contracts which is an agreement between the buyer and seller. For the amount of money involved, a written contract provides security and peace to the mind of all those involved in the contract, hence why deals above $500 must be written to be enforceable.

8 0
3 years ago
The key decisions and plans in corporate strategy address: What business are we in and how will we allocate resources among thes
serious [3.7K]
This is A. true i think
4 0
3 years ago
The manager's primary concern is to ensure that his subordinates complete the work accordingly and their performance is at a hig
Monica [59]

Answer:

The correct answer is letter "A": task.

Explanation:

Austrian industrial and organizational investigator Fred E. Fiedler (<em>1922-2017</em>) published his Contingency Theory to describe what causes effectiveness in leaders according to the situation in which they are. According to Fiedler, the task-oriented leader places special attention on the achievement of goals. This type of leaders are usually strict and follow rigid schedules requiring employees to push their limits.

3 0
3 years ago
Four years ago, Velvet Purses purchased a mailing machine at a cost of $154808. This equipment is currently valued at $25955 on
AVprozaik [17]

Answer:

the book value of the shareholder equity is $53,413

Explanation:

The computation of the book value of the shareholder equity is shown below;

Book value of shareholders equity is

= Book value of mailing + net working capital - Long term debt

= $25,955 + $92,535  $65,077

= $53,413

Hence, the book value of the shareholder equity is $53,413

5 0
3 years ago
Martin Corp. permits any of its employees to buy shares directly from the company through payroll deduction. There are no broker
Rashid [163]

Answer: $57,000,000

Explanation:

The employees purchased at a 20% discount which means that this 20% discount is the amount that would have to be covered by the company's pretax earnings:

= 19,000,000 * 15 * 0.2

= $57,000,000

<em>Martin's pretax earnings will be reduced by $57 million because the company would have to cover the discount on the shares. </em>

8 0
3 years ago
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