Answer:
the budgeted cost of goods sold is $9,600
Explanation:
The computation of the budgeted cost of goods sold is shown below:
As we know that
Budgeted cost of goods sold = Beginning inventory + Purchase - Ending Inventory
= $2,400 + $8,600 - $1,400
= $9,600
Hence, the budgeted cost of goods sold is $9,600
Answer:
$48,200
Explanation:
The computation of the direct material cost for the month of May is shown below:
Direct materials cost = Beginning raw materials inventory + purchases made - Ending balance of raw materials - Indirect materials
= $24,000 + $71,000 - $44,000 - $2,800
= $48,200
Hence, the direct material cost for the month of May is $48,200
Answer:
Earning dividends from stock in the federal reserve
Explanation:
Earning dividends like this can be a small asset over the long period.
Answer:
relationships with others influence how we communicate with them by many different factors. The relationship between people influence the way we interact with them. Giving hugs is generally for people you are close to, although you may shake someone's hand if you are not as close to them
Answer:
Value of ending inventory at 11/30/2019 using LIFO is $1,950
Explanation:
The calculators sold on 11/8 were taken from purchases of 11/21,200 units and purchases of 11/13,150 units,thereby leaving 150 units of calculators purchased on 11/13 in inventory.
However,the sale of 100 calculators on 11/28 were picked from the balance of 150 units left from stock of 11/13 thereby leaving 50 units purchased at $4 each and the opening inventory in closing inventory.
The computation of closing inventory value:
11/13/2019 50 calculators at $4 = $200
11/1/2019 500 calculators at $3.5=$1,750
Value of closing inventory $1,950
