All categories

3 years ago

Use the cost information below for Sundar Company to determine the cost of goods manufactured during the current year:

Business

1 answer:

hammer [34]3 years ago

8 0

Answer:

The cost of goods manufactured during the current year was $98,000

Explanation:

The manufacturing costs incurred during the current year = Direct materials cost + Direct labor cost + Factory overhead = $19,000 + $24,500 + $55,100 = $98,600

The cost of goods manufactured during the current year = Beginning work in process inventory + The manufacturing costs incurred during the current year - Ending work in process inventory = $10,700 + $98,600 - $11,300 = $98,000

You might be interested in

Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill

Sonja [21]

Answer:

3200

Explanation:

The HHI is calculated by squaring the market share of each firm in the industry.

Market share = sales of a firm / total sales of firms in the industry

total sales of firms in the industry = 5 + 2 + 1 + 1 + 1 = 10

Market share of firm A = (5/10) x 100 = 50%

Market share of firm B = (2/10) x 100 = 20%

Market share of firm C, D, E = (1/10) x 100 = 10%

50² + 20² + 10² + 10² + 10² = 3200

4 0

3 years ago

Cxcccccccccxccccccccccvb

Assoli18 [71]

Answer:

Oki, hi

Explanation:

7 0

2 years ago

Stacy purchased a stock last year and sold it today for $4 a share more than her purchase price. She received a total of $1.15 p

dusya [7]

Answer: B. The capital gains yield is positive.

Explanation:

The Capital Gains Yield is a percentage figure that tells how much an investment has increased in price from it's acquisition.

It works by taking the new value and dividing it by the original value.

Using Stacy as an example, the Stock increased by $4 so assuming she bought the stock for even $0.1 then her Capital Yield is,

= 4/0.1

= 40 * 100%

= 4000% which is positive

As long as the stock was sold for more than it was bought, Capital Yield Gain is positive.

7 0

3 years ago

What does a bdc invest in? a publicly-held small-cap companies b publicly-held mid-cap companies c privately-held small-cap and

Anna007 [38]

Business development companies are known as BDCs. It is a 1940 Act-registered investment company that trades and is listed just like any other stock.

A closed-end fund called a "business development company" (BDC) invests in growing and struggling businesses. Retail investors can invest in many BDCs, which are listed on public markets. High dividend rates and some possibility for capital growth are offered to investors by BDCs.

A BDC often invests in private enterprises using equity securities or debt (loans). It looks for ways to produce current income and/or capital gains that are tax-efficient. BDCs are regulated in a similar way to mutual funds, but they often use leverage to produce excess returns.

A BDC is a closed-end fund that must allocate at least 70% of its assets to long-term debt and/or equity investments in privately held or thinly traded public companies in order to generate current income and/or capital gains.

Business development companies are known as BDCs. It is a 1940 Act-registered investment company that trades and is listed just like any other stock. It makes "private equity" investments in privately held start-up companies as well as mid-sized businesses rather than making investments in securities.

Hence, The correct option is C.

What does a BDC invest in?

A. Publicly-held small-cap companies

B. Publicly-held mid-cap companies

C. Privately-held small-cap and mid-cap companies

D. Privately-held large-cap companies

To learn more about Business development companies refer to:

brainly.com/question/1621812

#SPJ4

8 0

1 year ago

When property is contributed to a partnership in exchange for a capital and profits interest, when does the partner's holding pe

Virty [35]

Well here's what I can tell you,

The day the contributed property was purchased.
The day the partnership interest was acquired.

Either one of these are true which also means they are both true.

7 0

2 years ago