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Rasek [7]
3 years ago
6

If the cost of the beginning work in process inventory is $50,000, direct materials cost is $340,000, direct labor cost is $206,

000, an overhead cost is $309,000, and the ending work in process inventory is $45,000, calculate the cost of goods manufactured:
Business
1 answer:
posledela3 years ago
5 0

Answer:

The cost of goods manufactured is $860,000

Explanation:

The cost of goods manufactured = The cost of the beginning work in process inventory + direct materials cost + direct labor cost + overhead cost - the ending work in process inventory.

The company has the cost of the beginning work in process inventory is $50,000, direct materials cost is $340,000, direct labor cost is $206,000, an overhead cost is $309,000, and the ending work in process inventory is $45,000

The cost of goods manufactured = $50,000 + $340,000 + $206,000 + $309,000 - $45,000 = $860,000

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Dmitrij [34]

Answer:

$19,462

Explanation:

The computation of the cash and cash equivalent is shown below:

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It includes only cash in bank account, balance in money market, petty cash balance and the money orders

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5 0
3 years ago
True or false. Service quality is unaffected by the interpersonal communications and experiences involved in a service.
allsm [11]

The statement, "service quality is unaffected by the interpersonal communications and experiences involved in a service" is false.

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7 0
1 year ago
Ballard Company reported assets of $500 and liabilities of $200. What amount will Ballard's report for stockholders' equity?
Westkost [7]

Answer:

$300

Explanation:

Data provided in the question

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3 years ago
Problem 9-52 Part-b (Static) b. $800 of interest on a short-term loan incurred in September and repaid in November. Half of the
bazaltina [42]

Answer:

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