Answer:
$109,000
Explanation:
The accounting equation for the cost of goods sold
COGS = opening finished good + purchases - Closing finished goods
In a manufacturing firm, purchases are also referred to as manufacturing costs.
For Leslie manufacturing:
beginning finished inventory =$40,000
costs of goods manufactured = $ 144,000
Ending finished inventory = $ 45,000
cost of manufacturing for the period:
=$40,000 +$114,000- $45,000
=$109,000
Answer:
$7,680
Explanation:
The computation of the sales revenue in April month is shown below:
= Sales revenue - discount
where,
Sales revenue = Number of horseshoes × price per shoe
= 4,000 horseshoes × $2
= $8,000
And, the discount equal to
= Sales revenue × discount percentage
= 8,000 horseshoes × 2%
= 3$20
Now put these values to the above formula
So, the value would be equal to
= $8,000 - $320
= $7,680
Answer:
Sarbanes-Oxley Act of 2002.
Explanation:
Sarbanes-Oxley Act of 2002 is a legal framework which was passed by the 107th U.S Congress on the 30th of July, 2002. The law required that investment banking be completely made rid of research analysts who works at a broker-dealer firms, so that the analysts are not influenced to write favorable reports to enhance their potential investment banking businesses.
Hence, the legislation that requires a broker-dealer's research analysts to be completely separated from that firm's investment banking department is the Sarbanes-Oxley Act of 2002.
<em>It is a law that imposes a stiffer penalty for any securities related law break offence by the accountants, auditors etc by mandating strict reforms to the existing securities regulations. </em>
Answer:
Rocks are classified according to their mode of
formation or origin in three groups: Igneous,
Sedimentary and Metamorphic; and each group
contains in turn a wide variety of types of rock
which differ from each other by their composition and texture.
