Answer:
$147,400
Explanation:
The computation of the cost of goods manufactured is shown below:
= Direct materials used + Direct labor cost + Manufacturing overhead cost + beginning work-in-process inventory - ending work-in-process inventory
= $56,400 + $30,100 + $52,400 + $29,000 - $20,500
= $147,400
We considered the applied manufacturing overhead cost instead of actual manufacturing cost
Answer:
The correct answer is option (c).
Explanation:
Solution
From the question sated above the answer is, Firms or organisation decrease inventory because the more we spend on inventory, the more we will need to spend on the other related inventory expenditures.
The reason is because if the inventory is kept full or complete, then the cost related or connected with the maintenance of the inventory increases or goes up and it is not beneficial for the company itself.
Within 3 months of coming into office Bertolini passed regulations that made college education...etc
<span><span>Spatial arrangement of people is called population distribution.
</span>Population distribution</span><span> is the
spread of people across the world, i.e. where do people live. </span>Population<span> density is
the number of people living in a particular area – usually 1 square mile or 1
square kilometre – and can be written as total </span>population<span>/land area.</span>
Answer:
The adjusting entry on December 31 of the current year for Plum would include:
E) A debit to an expense and a credit to a prepaid expense for $1,875.
Explanation:
On July 1 of the current calendar year, Plum Co. paid $7,500 cash for management services to be performed over a two-year period beginning July 1.
Management services fee per month = $7,500/24 = $312.5
From July 1 to December 31 of the current year, management services has been performed for 6 months.
The amount of Management services expense should be record:
$312.5 x 6 = $1,875
The adjusting entry:
Debit Management services expense $1,875
Credit Prepaid expense $1,875
