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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

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3 years ago

Vanik Corporation currently has two divisions which had the following operating results for last year: Cork Division Rubber Divi

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Answer:

$20,000

Explanation:

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Furthermore, if this segment is closed, it would affect the Cork division because it would be reporting a lower net operating income of $90,000 as a result of bearing all the corporate costs alone.

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1 year ago

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3 years ago

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Answer:

These are correct:

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3 years ago