1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vodka [1.7K]
3 years ago
15

A manufacturing company has a beginning finished goods inventory of $27,300, cost of goods manufactured of $57,500, and an endin

g finished goods inventory of $26,600. The cost of goods sold for this company is: Multiple Choice $111,400. $56,800. $3,600. $84,100. $58,200.
Business
1 answer:
Vaselesa [24]3 years ago
6 0

Answer:

$58,200.

Explanation:

We use the inventory identity to solve for COGS

$$Beginning Inventory + Production = Ending Inventory + COGS

Beginning Inventory  27,300

Production  57,500

Ending  26,600

27,300 + 57,500 = 26,600 + COGS

COGS = 27,300 + 57,500 - 26,600

COGS = 58,200

You might be interested in
Critical Thinking: You are at a party, and the friend you came with has had several drinks. He appears to be sober and shows no
abruzzese [7]

Answer:

Alcohol is alcohol, and depedning on your weight, even just 2 drinks in your system would be enough for you to be considered impaired. Your friend may feel fine, but after several drinks they are not functioning as well as they should, and will still get in trouble with the police if they get pulled over and are breathalized. Tell your friend that you will drive home; if you both have had drinks, find someone else to drive you or call a taxi. It doesn't matter if it was 1 drink or 6, alcohol is alcohol.

7 0
3 years ago
Akika Corporation started as a small firm and has grown substantially in the past decade. Its interests span from electronics to
AysviL [449]

Answer: d. Unity of direction

Explanation:

The principle of Unity of Direction is one of the 14 principles of Fayol in relation to administration. Summarised into one phrase, the principle would mean,<em> One Head One Plan</em>.

This is because the principle believes that when in a company, different departments aim to achieve distinct goals, the departments should have a sole leader and a sole plan for the goals that should be accomplished so that there is no confusion.

This is why the Akika Corporation wants to create independent domains that reflect the actions they perform and will have the distinct roles needed to help them perform the actions efficiently.

6 0
3 years ago
A semiconductor company has established a plant overseas in South Africa, where the power grid is somewhat unreliable. Which of
Leya [2.2K]

Answer:

A. Infrastructure

Explanation:

Economic risks refers to the likelihood of a country's macroeconomic conditions affecting investments or domestic/foreign businesses prospect. There are various forms of economic risks. In this case, Infrastructure is the main economic risk affecting the semi-conductor company. Due to the fact that the power grid of south Africa is somewhat reliable and the company needs it for continuous manufacturing process, by moving to south Africa, they bear the risks of infrastructure (economic risks)

3 0
3 years ago
Read 2 more answers
Determine allison's december 31, 2018, investment in mathias balance.
bagirrra123 [75]
Allison Corporation acquired all of the outstanding voting stock of Mathias, Inc., on January 1, 2017, in exchange for $6,059,500 in cash. Allison intends to maintain Mathias as a wholly owned subsidiary. Both companies have December 31 fiscal year-ends. At the acquisition date, Mathias’s stockholders’ equity was $2,045,000 including retained earnings of $1,545,000
4 0
3 years ago
Totz Company produces jump ropes. Totz Company has the following sales projections for the upcoming​ year:First quarter budgeted
LenKa [72]

Answer:

Production budget for First quarter= 16,500 units

Explanation:

<em>The production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories. </em>

Production = Sales volume + closing inventory - opening inventory

Closing inventory = 20% × second quarter sales

                           = 20% × 20,000 = 4,000 units

<em />

<em>Production budget for the first quarter</em>

=17,000 + 4000 -4500

= 16,500 units

8 0
3 years ago
Other questions:
  • Some one can answer pls?
    12·1 answer
  • What type of risk is eliminated through diversification?
    11·2 answers
  • On July 31, the bookkeeping account Supplies Inventory shows a debit balance of $1,000. A physical inventory taken on that date
    9·1 answer
  • If you were Lilly’s CEO, what would you do ?
    11·1 answer
  • Melinda earns wages of $80,000, income from a limited partnership of $10,000, and a $30,000 passive activity loss from a real es
    8·1 answer
  • The document that the purchasing department prepares and sends to the vendor to place an order is:
    12·2 answers
  • Hewitt Company expects cash sales for July of $ 19 comma 000​, and a 22​% monthly increase during August and September. Credit s
    8·1 answer
  • The effort of one good coworker can offen motivate others to reach their potential through a process called
    11·2 answers
  • Having in mind the pandemic, should a company reduce its leverage in order to add value to its shareholders? and why?
    5·1 answer
  • The _________ method of determining an applicant's score is based on the expert judgment of the manager.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!