1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ad-work [718]
3 years ago
7

Bramble Corp. reported the following year-end information: beginning work in process inventory, $270000; cost of goods manufactu

red, $866000; beginning finished goods inventory, $332000; ending work in process inventory, $310000; and ending finished goods inventory, $354000. Bramble Corp.'s cost of goods sold for the year is $844000. $888000. $512000. $826000.
Business
1 answer:
docker41 [41]3 years ago
8 0

Answer:

The correct answer is: Cost of goods sold=$844000

Explanation:

The cost of goods sold refers to the direct costs attributable to the production of the goods sold in a company. This amount includes the cost of the materials used in creating the goods along with the direct labor costs used to produce the goods. It excludes indirect expenses, such as distribution costs and sales force costs.

COGS=Beginning Inventory+Production during period−Ending Inventory

Cost of goods manufactured= production during the period

COGS= 332000+866000-354000=$844000

You might be interested in
Clinton and Trump on fiscal policy In the 2016 Presidential election​ campaign, both Hillary Clinton and Donald Trump committed
Marrrta [24]

Answer:

Clinton and Trump on fiscal policy In the 2016 Presidential election​ campaign

The policy that will change aggregate demand (AD) the most is a cut in taxes.

Explanation:

Aggregate demand is fueled mostly by household consumption.  A cut in taxes increases the marginal propensity to consume (MPC) and reduces the marginal propensity to save (MPS), but at the same time fuels the marginal propensity to invest by firms trying to meet the new aggregate demand, thereby increasing the aggregate supply (AS) which is the real GDP output.

6 0
3 years ago
When is the bargaining power of the buyer greater than that of the supplier?.
malfutka [58]

Answer:

Switching costs

Explanation:

Switching costs: If there are not many alternative suppliers available, the cost of switching is high. Therefore, buyer power would be low. Backward Integration: If the buyer is able to integrate or merge suppliers, the buyer has greater bargaining power over the existing suppliers.

5 0
2 years ago
Under the gold standard the fixed price of gold was $20.67 per ounce in the United States. The fixed price of gold was £4.2474 p
madam [21]
The answer of the question is b
6 0
3 years ago
Swifty Corporation sells its product for $5600 per unit. Variable costs per unit are: manufacturing, $2800, and selling and admi
galben [10]

Answer:

Am nevoie de Puncte

Explanation:

6 0
3 years ago
Mountain High Ice Cream Company transferred $68,000 of accounts receivable to the Prudential Bank. The transfer was made with re
horrorfan [7]

Answer:

Entries are given below

Explanation:

Calculations

Cash = ($68,000 x 90%) - ($68,000 x 2%)

Cash = $61,200 - $1,360

Cash = $59,840

Loss on sale = ($68,000 + $3,800) - ($59,840 +$5,800)

Loss on sale =  $71,800 - $65,640

Loss on sale = $6,160

Entries

                                                   DEBIT      CREDIT

Cash                                           $59,840

Loss on sale                              $6,160

Receivable from factor            $5,800

Recourse liability                                        $3,800

Receivables                                                  $68,000

4 0
3 years ago
Other questions:
  • Which of the following factors increases pressures for cost reductions? a. Meaningful differentiation between products b. Reduce
    13·1 answer
  • Bank loans from the Federal Reserve are called ________ and represent a ________ of funds for the bank.
    5·1 answer
  • On April 12, Hong Company agrees to accept a 60-day, 6%, $6,900 note from Indigo Company to extend the due date on an overdue ac
    5·1 answer
  • As an intern in a marketing department, Rachel uses her laptop to get data off her company's computer network and then uses the
    7·2 answers
  • Persuasion is necessary when Group of answer choices your audience is skeptical about your idea. you anticipate that your audien
    5·1 answer
  • Which of the following would indicate an improvement in a company's financial position, holding other things constant? The curre
    8·1 answer
  • Kendall is __________ because he feels a strong sense of responsibility for his work and regularly does more than his job requir
    8·1 answer
  • Select all that apply.
    10·2 answers
  • Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you just received y
    11·1 answer
  • Ten years ago, Ann was gifted a bond. If the investment earned an annual interest of 3.2% compounded quarterly for the life of t
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!