Select the statement that is not a component of a standard housing lease?

Compute the Cost of Goods Manufactured and Cost of Goods Sold for Strike Marine Company for the most recent year using the amoun

Alecsey [184]

Answer:

Instructions are below.

Explanation:

First, we need to calculate the direct material used and the manufacturing overhead:

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 22,000 + 74,000 - 34,000

Direct material used= $62,000

Manufacturing overhead:

Insurance on plant $9,500

Depreciation-plant building and equipment 12,600

Repairs and maintenance-plant 3,900

Indirect labor 42,000

Total overhead= $68,000

Now, we can determine the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 41,000 + 62,000 + 88,000 + 68,000 - 27,000

cost of goods manufactured= 232,000

Finally, the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 13,000 + 232,000 - 21,000

COGS= $224,000

3 0

3 years ago

What is the main difference between japanese capitalism and capitalism in the united states?.

irina1246 [14]

The main different between Japanese capitalism and capitalism in the United States is Japan's gov is highly involved in day-to-day business management.

Business management makes a specialty of organizing and handling a employer's resources (which includes human capital). business control is humans-centric. Business management ranges put a lot of emphasis on verbal exchange, human useful resource management and preferred-management theories.

What are the 4 types of business management?

The four maximum commonplace varieties of managers are top-level managers, middle managers, first-line managers, and team leaders.

Is business management a good course?

For the aspiring entrepreneurs and enterprise leaders, a commercial enterprise management diploma is constantly a famous choice. It gives the instructional information and abilities everyday pursue worldwide career possibilities and facilitates you broaden a vast expertise of companies and specific regions along with finance and human sources.

Learn more about business management here:- brainly.com/question/13724491

#SPJ4

5 0

2 years ago

Most lenders will expect entrepreneurs to provide equity funds in an amount of at least ____ percent of the business before appr

MaRussiya [10]

70 percent is a safe amount of capital

4 0

3 years ago

Baker Corporation has provided the following production and average cost data for two levels of monthly production volume. The c

erica [24]

Answer:

(B) $18.40

Explanation:

we build the equation system and solve for variable overhead

we must understand that overhead unit cost if calculate as follow:

variable overhead + fixed overhead / volume

so:

$\left \{ {{33.8=VMO + FMO/3,000} \atop {64.6=VMO + FMO/1,000}} \right.$

We rearrange:

$\left \{ {{FMO = (33.8-VMO) \times 3,000} \atop {FMO = (64.6-VMO) \times 1,000}} \right.$

We equalize:

$(33.8-VMO) \times 3,000 = (64.6-VMO) \times 1,000$

And now we solve:

(33.8 - VMO) x 3 = 64.6 - VMO

101.4 - 3 VMO = 64.6 - VMO

36.8 = 2VMO = 18.4

6 0

3 years ago

Marsden Company has three departments occupying the following amount of floor space: Department 1 15,000 sq. ft. Department 2 10

PolarNik [594]

Answer:

the store rent that should be allocated in department 3 is $100000

Explanation:

if we assume that we charge the rent per square feet occupied, then we can say

department rent = charge per square feet* number of square feets

r = k*sf

also if

total rent = rent department 1 + rent department 2 + rent department 3

r total = r1 + r2 + r3 = k*sf1 + k*sf2 + k*sf3 = k*( sf1 + sf2 + sf3)

k= r total / ( sf1 + sf2 + sf3)

replacing values

k = $200000/(15000 sq.ft + 10000 sq.ft +25000 sq.ft ) = $ 4 per sq.ft

thus for department 3

r3 = k* sf3= $ 4 per sq.ft * 25000 sq.ft = $100000

rent department 3 = $100000

8 0

3 years ago