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
Nat2105 [25]
3 years ago
8

Assume the following information pertaining to Moonbeam Company: Beginning Ending Finished goods inventory $ 140,500 $ 133,450 W

ork in process inventory 92,000 112,750 Direct materials 125,750 140,150 Costs incurred during the period are as follows: Total manufacturing costs $ 910,000 Factory overhead 206,000 Direct materials used 161,950 Materials purchases are calculated to be:
Business
1 answer:
Dmitriy789 [7]3 years ago
6 0

Answer:

The material purchase is $176,350

Explanation:

The computation of material purchase is to be done by applying the formula which is shown below:

= Direct material used + ending balance of direct materials - beginning balance of direct material

= $161,950 + $140,150 - $125,750

= $176,350

The other items which are mentioned in the question are irrelevant. Hence, it is not to be considered in the computation part.

You might be interested in
Windspire is starting a firm in the small-scale wind-generated power industry. This industry is still so new that no standard op
liq [111]

Answer:

Emerging

Explanation:

An emerging industry is a group of companies that is created around a new product or idea that is still in the early stages of development. An emerging industry consists of just a small number companies and is often centered around new technology. A example is the small wind generated power industry because wind is not a common source that is used for the generation of power.

4 0
3 years ago
Your boss, Penny Dirks, has asked you to analyze the airline industry using Porter's Three Generic Strategies. Which of the foll
vodomira [7]

Answer:

The correct answer is A.

Explanation:

Low cost companies, such as Southwest, Horizon, Frontier and JetBlue, are already one of the first options when organizing a trip. Flying is easier and more accessible every day, partly thanks to the low prices that airlines offer us, but also more uncomfortable, so you may ask yourself: what tricks do airlines use to make flying so cheap now?

  1. Point to point routes. Low-cost companies do not offer transshipment services (network), so they save the cost of moving luggage from one plane to another and do not have to worry about the costs of connections between their routes.
  2. Staff costs. When operating point-to-point flights and only short and medium radius, low cost never pay hotels to their crews to spend the night outside the airport where they are destined. Pilots and cabin staff always return to their base. In addition, their salaries are usually lower than those of traditional airline personnel.
  3. Small airports. Operating in small airports and far from the main urban centers allows these airlines to avoid traffic jams, thus saving fuel and time.
  4. Homogeneous fleet. Low cost usually use modern fleets and similar models, allowing them significant savings in maintenance.
  5. Reduced services. These low-cost airlines do not serve meals, cut seat space and eliminate seat allocation, which saves a lot of time, but also money.
  6. Additional income. Most low-cost airlines promote a wide range of gifts and lotteries on board, which gives them significant extra income.
  7. It pays for everything. The reservation of tickets, billing at a counter and the right to carry a suitcase in the hold of the plane is paid with low-cost airlines.
  8. Less expenses at the airport. Many low cost even give up having customer service offices, replacing them with call centers that involve a high cost of calling.
  9. Public incentives. Many public administrations grant great economic aid to these low costs to prevent them from stopping to fly to their airports.
  10. Very high rotation. Companies basically care about two things: get the maximum number of flights and fill the planes to the maximum. A plane is only profitable when it is flying, so more flights, more profitability.
3 0
3 years ago
Buzz Coffee Shops is famous for its large servings of hot coffee. After a famous case involving McDonald’s, the lawyer for Buzz
Tasya [4]

Answer:

the proper recording of this liability each year from 2016 through 2018 under GAAP is $150,000.

Explanation:

since the first amount cannot be determinable now, we cannot record it as a liability.

After the settlement of the dispute by the customer and company outside the court the company should record the loss and a liability at an amount of $150,000 because it is certain and determinable now.

7 0
3 years ago
What are the three sections of the Statement of Cash Flows and what is the difference between and value of the information conta
Reika [66]

Answer:

Operating activities

Investing activities

Financing activities

Explanation:

The Statement of Cash Flow is divided into three sections: operating activities, investing activities and financing activities.

  • Operating Activities: cash flows from operating activities details flows arising from the normal and regular business operating of the company. It includes items such as cash-based revenue, cash-based expenses, changes in working capital, etc.
  • Investing Activities: cash flow from investing activities details flows spent on investment assets or earned from sale of investment assets. It includes cash spent on acquiring new plant and machinery, as well as cash realized from the sale of existing assets.
  • Financing Activities: cash flows from financing activities details cash realized from capital providers as well as returns to them. It includes flows from new equity and debt issuance, dividends and interests paid to capital providers, etc.
4 0
3 years ago
How did Coolidge's economic policies relate to Harding's?
Kitty [74]

The correct answer is:

Like Harding, Coolidge tried to keep government out of business.

Explanation;

Like Harding, Coolidge needed to help workers' rights. Unlike Harding, Coolidge served to raise falling crop prices. Like Harding, Coolidge worked to keep government out of business. Unlike Harding, Coolidge understood in restricted government management of the business.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Market Indicators are employed in-
    10·1 answer
  • A business administrator in a school is determining how classes will be scheduled, which rooms will be allocated, and who will t
    5·1 answer
  • A supplier of instrument gauge clusters uses a kanban system to control material flow. The gauge cluster housings are transporte
    7·1 answer
  • Choose some specific types of changes you would like to see happen in groups or organizations with which you are familiar. Imagi
    12·1 answer
  • Castles in the Sand generates a rate of return of 12% on its investments and maintains a plowback ratio of .40. Its earnings thi
    10·1 answer
  • The past five monthly returns for Kohl’s are 3.54 percent, 3.62 percent, −1.68 percent, 9.25 percent, and −2.56 percent. Compute
    7·1 answer
  • Debt is generally the least expensive source of capital. This is primarily due to ________. debts fixed interest payments and fi
    15·1 answer
  • Amy and Soma discover a stream that flows wine. Amy and Soma decide to bottle the wine and sell it. The marginal cost and the fi
    13·1 answer
  • Tucker Company makes chairs. Tucker has the following production budget for January - March. January February March Units Produc
    9·1 answer
  • What country borders the caspian sea, the persian gulf, and the gulf of oman?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!