Answer:
Answer: To protect inner layers
Explanation:
Just took the test and it told me the correct answer
I think it's a product layout, not entirely sure though
Answer:
The amount of factory overhead applied in October is $63,300.
Explanation:
Goods finished + Oct 31 work in progress = direct materials + direct labor + oct 1 balance + factory overhead
360,000 + 21,000 = 96,700 + 201,000 + 20,000 + Factory Overhead
381,000 = 317,700 + Factory overhead
Factory overhead = $63,300
Therefore, The amount of factory overhead applied in October is $63,300.
Answer:
$59
Explanation:
Under the First in first out inventory valuation system, items sold are sold based on date of purchase i.e items that were first purchased will be sold before items purchased subsequently.
This is usually adopted for perishable inventory or inventories with expiration periods.
As such, the items sold on April 25 will be the one purchased on April 5, hence ending inventory balance
= $12 + $14 + $16 + $17
= $59