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
Andrei [34K]
3 years ago
14

Tektron Industries has Beginning and Ending Raw Materials Inventories of $32,000 and $40,000, respectively. Direct Materials use

d were $130,000. The cost of Raw Materials Purchased is A :
Business
1 answer:
ch4aika [34]3 years ago
5 0

Answer:

$138,000

Explanation:

The computation of the cost of Raw Materials Purchased is shown below:

= Direct materials used + ending direct material inventory - beginning direct material inventory

= $130,000 + $40,000 - $32,000

= $138,000

Simply we added the  ending direct material inventory and deduct the beginning direct material inventory  to the direct material used so that the accurate amount can come

You might be interested in
Jones Retail. had the following balances and transactions during 2017:
Elina [12.6K]

Answer:

B $1,625

Explanation:

The computation of the ending inventory based on the lower-of-cost-or-market value is shown below:

The ending inventory units = Beginning inventory + purchase of inventory - selling units

= 15 units + 35 units - 25 units

= 25 units

So, the cost of ending inventory = ending inventory units × purchase price

= 25 units × $84

= $2,100

And, the market value equal to

= ending inventory units × replacement cost

= 25 units × $65

= $1,625

Based on the lower-of-cost-or-market value, the ending inventory would be $1,625

7 0
3 years ago
Poe Company is considering the purchase of new equipment costing $80,000. The projected net cash flows are $35,000 for the first
sergey [27]

Answer:

$23,773.65

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested

NPV can be calculated using a financial calculator :

cash flow in year 0 = $-80,000.

Cash flow in year 1 and 2 = $35,000.

Cash flow in year 3 and 4 = $30,000.

I = 10%

NPV = $23,773.65

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
Some managers belive that they have "seat of the pants" intuition and do not need project management tools. does that make sense
leonid [27]
Yes because u got to have tools to do a project 

8 0
2 years ago
At the beginning of the year, Bryers Incorporated reports inventory of $6,200. During the year, the company purchases additional
Nana76 [90]

Answer:

Cost of Goods Sold = $19200

Explanation:

The cost of goods sold or COGS  is the cost of inventory that the business has sold for the period. The cost of goods sold can be calculated as follows,

Cost of Goods sold = Opening Inventory + Purchases for the year - Closing Inventory

Cost of Goods Sold = 6200 + 21200 - 8200

Cost of Goods Sold = $19200

8 0
3 years ago
What kind of value chain can be described as purchases being made by the retailer from the manufacturer and then the retailer se
shepuryov [24]

Answer:

D. Manufacturer to wholesaler to consumer

Explanation:

I had the same quiz question and I chose that one. May not be correct though

7 0
2 years ago
Other questions:
  • Full meaning of NeRsA
    15·2 answers
  • (Prepared from a situation suggested by Professor John W. Hardy.) Lone Star Meat Packers is a major processor of beef and other
    7·1 answer
  • True or false? data warehousing is the process of extracting data from a data warehouse.
    6·1 answer
  • Frank Barlowe is retiring soon, so he is concerned about his investments providing him steady income every year. He is aware tha
    8·1 answer
  • Your opinion is that security C has an expected rate of return of 0.106. It has a beta of 1.1. The risk-free rate is 0.04 and th
    6·1 answer
  • Tradable pollution permits A. are less desirable than corrective taxes in reducing pollution. B. are likely to create a higher l
    6·2 answers
  • Suppose when you are 21 years old, you deposit $1,000 into a bank account that pays annual compound interest, and you do not wit
    7·2 answers
  • Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a
    5·1 answer
  • _____ is the most common, real-world method of estimating projects. Group of answer choices Delphi Technique Time Boxing Bottom-
    14·1 answer
  • If firms are earning zero economic profits, they must be producing at an output level at which Group of answer choices price equ
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!