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RUDIKE [14]
4 years ago
9

Worth Company reported the following year-end information: beginning work in process inventory, $180,000; cost of goods manufact

ured, $816,000; beginning finished goods inventory, $252,000; ending work in process inventory, $220,000; and ending finished goods inventory, $264,000. Worth Company's cost of goods sold for the year is:__________.
a. $804,000.
b. $828,000.
c. $776,000.
d. $552,000.
Business
1 answer:
Hunter-Best [27]4 years ago
8 0

Answer:

a. $804,000

Explanation:

Preparation of Worth Company's cost of goods sold for the year

Cost of goods manufactured $816,000

Add Beginning finished goods inventory $252,000

Less Ending finished goods inventory ($264,000)

Cost of goods sold $804,000

Therefore Worth Company's cost of goods sold for the year is: $804,000

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2 years ago
One way products can be categorized is by brand.<br> O a) True<br> Ob) False
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Answer:

A. True.

Explanation:

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3 years ago
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Answer:

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3 years ago
During the 2001 anthrax scare, the U.S. government threatened to disregard Bayer%u2019s patent of ciprofloxacin, the most effect
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Consider the following explanation

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8 0
4 years ago
Steve Smith will receive $82,870 on 5 years from now, from a trust fund established by his father. Assuming the appropriate inte
sweet-ann [11.9K]

Answer:

$50,875

Explanation:

The computation of the present value is shown below:

Given that

NPER = 5 × 2 = 10

RATE = 10% ÷ 2 = 5%

PMt = $0

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The formula is shown below:

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After applying the above formula, the present value is $50,875

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3 years ago
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