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Fantom [35]
3 years ago
5

Using the information below for Sundar Company; determine the cost of goods manufactured during the current year:Direct material

s used $19,200Direct labor used 24,700Factory overhead 54,100Beginning work in process 10,900Ending work in process 11,500a. $78,200.b. $43,900.c. $97,400.d. $43,300.e. $98,000.
Business
1 answer:
Vikentia [17]3 years ago
7 0

Answer:

c. $97,400

Explanation:

The formula to compute the cost of goods manufactured is shown below:

= Direct material used + Direct labor used + Manufacturing Overhead

where,

Manufacturing Overhead would be

= Factory overhead + Beginning work-in-process - Ending work-in-process

= $54,100 + $10,900 - $11,500

= $53,500

Now the value would be

= $19,200 + $24,700 + $53,500

= $97,400

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Answer:

Explanation:

Price is sum of:

1. Present value of expected dividend payments during 1-4 years;

2. Present value of the expected market price at the end of the fourth year based on growth at 5%.

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Present value of the expected market price at the end of the fourth year:

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5th year dividend = $8.5683*(1+growth rate) = $8.5683*(1+0.05) = $9

Market price of the share at the end = $9/(0.12-0.05) = $128.57

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Answer:

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