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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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6 0
3 years ago
In which condition is it an advantage when group incentives encourage competition between groups of employees?
padilas [110]

It is an advantage when group incentives encourage competition between groups of employees when groups try to outdo one another in satisfying customers.

Competition is uncertainty about how to ensure survival. Competition can occur between entities such as organisms, individuals, and economic and social groups. Rivalry is about achieving unique goals such as visibility, leadership, market share, niche, scarce resources, or territory.

Competition, most commonly viewed as the interaction of individuals competing for a finite common resource, is the direct or indirect interaction of organisms that results in changes in fitness when they share the same resource. can be defined more broadly as a dynamic interaction.

There are four kinds of competition in a loose marketplace machine: perfect opposition, monopolistic competition, oligopoly, and monopoly.

The four key characteristics of perfect competition are: (1) a huge wide variety of small companies, (2) equal merchandise offered by all firms, (three) perfect resource mobility or the liberty of entry into and go out out of the enterprise, and (4) perfect information of costs and generation.

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1 year ago
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The correct options are

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