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4 years ago

Assume the following information pertaining to Moonbeam Company:

Business

1 answer:

Nana76 [90]4 years ago

4 0

Answer:

<u>d. Material Purchases = $ 169,000</u>

Explanation:

Cost Of Goods Statement.

Beginning Direct Materials = $117,000

Add Material Purchases = $ 169,000

Less Ending Direct Materials = <u>$130,000 </u>

Direct Materials Used = $156,000 ( given)

Direct Labor= $ 697,000

Factory Overhead = $199,000

Total Manufacturing Costs = $896,000

Beginning WIP Inventory = $85,000

Ending WIP Inventory = $104,000

Cost of Goods Manufactured= $ 1033,000

Beginning Finished Goods Inventory = $130,000

Ending Finished Goods Inventory = $124,000

Cost Of Goods Statement = $ 1039,000

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When making contingency estimates, the contractor should Select one: a. estimate the amount to mitigate high impact and probable

coldgirl [10]

Answer:

a. estimate the amount to mitigate high impact and probable issues.

Explanation:

In project management, a contractor can be defined as an individual or organization that temporarily undertakes a project in order to create a unique result, product, and service.

A contingency is an amount of money which is added to the initial or standard cost estimate so as to cover risk exposure and any uncertainty.

When making contingency estimates, the contractor should estimate the amount to mitigate high impact and probable issues.

As a result of uncertainties that are peculiar to everything in life, most especially projects undertaken, it is very important and necessary that the contractor should set aside an amount of money to mitigate or lessen any high impact such as dwindling prices, miscellaneous, faults, repairs and other probable issues that may arise in the process of execution.

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3 years ago

_________________ involves planning, implementing, and controlling the physical flow of goods, services, and related information

gogolik [260]

Answer:

Logistics

Explanation:

Logistics is the process of managing the movement of merchandise or resources from their point of origin to the intended consumer. Logistics in an organization is the management of mobility and storage activities undertaken by the company. Logistics management will involve the identification of distributors and suppliers of the company's products.

Poor logistics will hurt business performance. If the company's products are not available for consumers to buy, low sales will be realized. An inefficient logistics system will make company products expensive. As a result, the company's goods becomes uncompetitive in the market.

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3 years ago

Hey I need help with these True/False

Burka [1]

1. This is the hardest question to answer of all of them. It depends on who you read. The New York Times has a different policy than the Huffington Post. I'll say it is intended to be true.

2. True. That's why they are called specialty shops.

3. Sometimes. There are other possibilities. I think you are intended to say true.

4. True. They do.

5. False. It's the other way around.

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3 years ago

Bellue Incorporated manufactures a single product. Variable costing net operating income was $92,400 last year and its inventory

s2008m [1.1K]

Answer:

6,000

Explanation:

Bellue incorporated manufactures a single product

The variable costing net operating income is $92,400

The inventory is 3100 units

The fixed manufacturing overhead cost is $1

Therefore the absorption cost can be calculated as follows

= 9200-1 x3200

= 9200- 3200

= 6000

Hence the absorption cos is $6,000

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3 years ago

A business issues 20-year bonds payable in exchange for preferred stock. This transaction would be reported on the statement of

Oxana [17]

Answer:

A. a separate schedule.

Explanation:

This is explained to be cash flow schedule or also cash flow statement. It is explained to be on out of the three financial statement which used generally to report for cash which been generated and how this money has been totally been spent within a period or interval which could be a week, month, quarter or even probably a year.

In the statement of cash flows, the cash flows are known to be generated from investing activities section while inclusion of receipts from the sale of investments. This is why in the stated 20 year payable bond, it is known to have been recorded in statement of cash flows in a separate schedule.

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4 years ago