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Sonja [21]
3 years ago
15

Ragtime Company had the following information for the year:

Business
1 answer:
never [62]3 years ago
6 0

Answer:

a. $437,200

Explanation:

Direct material Cost                           $117,700

Direct Labor                                        $153,800

Manufacturing Overhead                   <u>$183,600</u>

Total manufacturing Cost                                 $455,100

- Ending Work-in-Process                                 <u>$17,900   </u>

Cost of Goods Manufactured                           <u>$437,200</u>  

So, The cost of Goods manufactured was $437,200.

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4 0
3 years ago
The First Bank of Flagstaff has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1
Olegator [25]

Answer:

$56.89

Explanation:

The computation of the current price of this preferred stock is shown below:

= Annual dividend ÷ required rate of return

where,

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= $56.89

5 0
3 years ago
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Klio2033 [76]
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3 0
3 years ago
________ is the ability of a country to produce a specific good at a lower opportunity cost than its trading partners.
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3 0
3 years ago
Characteristics of just-in-time partnerships do NOT include: long-term contracts. removal of in-transit inventory. large lot siz
otez555 [7]

Answer: large lot sizes to save on setup costs and to gain quantity discounts.

Explanation:

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8 0
3 years ago
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