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3 years ago

Given the following data for Harder Company, compute cost of goods manufactured:

Business

1 answer:

Slav-nsk [51]3 years ago

7 0

Answer: Cost of goods manufactured = $520000

Explanation:

Given that,

Direct materials used = $120,000

Beginning work in process = $20,000

Direct labor = $200,000

Ending work in process = $10,000

Manufacturing overhead = $180,000

Beginning finished goods = $25,000

Operating expenses = $175,000

Ending finished goods = $15,000

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

= $120,000 + $20,000 + $200,000 - $10,000 + $180,000 + $25,000 - $15,000

= $520000

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4 years ago

If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?

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Answer:

$66.55

Explanation:

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3 years ago

On December 31, 2018, a company had assets of $29 billion and stockholders' equity of $22 billion. That same company had assets

Kisachek [45]

Answer:

0.69

Explanation:

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Liabilities= Assets-Stockholders equity

Assets= $55 billion

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= $55billion-$17billion

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Debt-to-assets ratio= Total liabilities/Total Assets

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4 years ago

Exceptional Electronics began operations September 1, 2019. The firm sells its merchandise for cash and on open account. Sales a

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4 years ago

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Answer:

b. The competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage.

Explanation:

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1. The bargaining power of suppliers.

2. The bargaining power of customers.

3. Threat posed by substitute products.

4. Threats posed by new entrants.

5. Threats posed by existing rivals in the industry.

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3 years ago