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babymother [125]
3 years ago
11

Preparing a Cost of Goods Sold Budget

Business
1 answer:
Art [367]3 years ago
4 0

Answer:

Direct Materials      $    14*20,000            = $ 28000

Direct Labor            $  14*1.9* 20,000       = $ 532,000

Variable Overhead  $ 14*1.9*1.2*20,000  = $ 638400

Fixed Overhead $ 14*1.9*1.8*20,000  =  $957600

Total Manufacturing Cost $                = 2156000

Less: Ending Inventory $   107.8*730 = 78649

Cost of Goods Sold                      $2077306

Working:

Total Manufacturing Cost $  per unit      = 2156000/ 20,000= 107.8 $

Ending Inventory $   107.8*730 = 78649

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Radda [10]

please elaborate i dont understande what your asking.

4 0
3 years ago
2.3 The Ledger and Posting
blsea [12.9K]

The net change in the Cash account balance from these three transactions is $30,000

What is the company's net change in cash account balance?

The net change in company's cash balance is the excess of its cash inflows from sources minus its cash outflows from all sources, in other words, the net change in cash balance from the three transactions is the funds raised long-term debt issuance and the amounts paid for equipment and raw materials

net change in cash balance=$200,000-$150,000-$20,000

net change in cash balance=$30,000

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8 0
2 years ago
The common stock of Jensen Shipping has an expected return of 16.2 percent. The return on the market is 11.2 percent, the inflat
tankabanditka [31]

Answer: 1.66

Explanation:

Based on the information given in the question, the beta of the stock will be calculated as follows:

Expected return = 16.2%

Market return = 11.2%

Inflation rate = 3.1%

Risk-free rate of return = 3.6%

We should note that:

Expected return = risk-free rate + Beta × (market rate- risk-free rate)

Therefore,

16.2% = 3.6% + Beta × (11.2% - 3.6%)

16.2% = 3.6% + Beta × 7.6%

16.2% - 3.6% = Beta × 7.6%

12.6% = Beta × 7.6%

Beta = 12.6% / 7.6%

Beta = 1.66

4 0
3 years ago
Which example would the government consider as intellectual property?
soldier1979 [14.2K]

Answer:

A

Explanation:

intellectual property

refers to creations of mind: inventions, literary and artistic works, and symbols, names, images , designs used in commerce

7 0
3 years ago
Curtain Co. paid dividends of $12,000; $17,000; and $18,000 during Year 1, Year 2, and Year 3, respectively. The company had 2,3
Bezzdna [24]

Answer:

$2,150

Explanation:

Annual cumulative preferred stock dividend = 2,300 × $100 × 6.5% = $14,950

Cumulative preferred stock dividend carried forward to year 2 = $14,950 - $12,000 = $2,950

Cumulative preferred stock dividend payable in year 2 = $14,950 + $2,950 = $17,900

Cumulative preferred stock dividend carried forward to year 3 = $17,900 - $17,000 = $900

Cumulative preferred stock dividend payable in year 3 = $14,950 + $900 =  $15,850

Dividend received by common shareholders during Year 3 = $18,000 - $15,850 = $2,150

3 0
3 years ago
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