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Lunna [17]
3 years ago
8

The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8,00

0.
- Raw Materials Inventory $40,000
- Finished Goods Inventory 60,000
- Work in Process Inventory 100,000
- Cost of Goods Sold 730,000
Compute what amount Burke will report as cost of goods sold after it disposes of its overapplied overhead. Cost of goods sold $
Business
1 answer:
Alex_Xolod [135]3 years ago
3 0

Answer:$722,000

Explanation:

The over applied overhead of $8000 is deducted from cost of goods sold of $730,000.

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Technology combined with rapid international communication of news, entertainment, and lifestyles is dramatically increasing the
harina [27]

Answer:

True

Explanation:

The great advances in the mass media and technology have marked consumer habits in our society. One of the most influential today is television, because it can change the way people act or think and, in this way, create a different reality through advertising, most experience the impact of advertising by the large number of hours spent surfing the net.

6 0
3 years ago
Zero Corp. is an investment company authorized to issue only common stock. During the last half of the current year, Edwards own
Vinil7 [7]

Answer:

the answer its A) An state where Edwards is the beneficiary

Explanation:

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7 0
3 years ago
Platen purchased inventory on August 17 and received an invoice with a list price amount of $5,900 and payment terms of 4/10, n/
ch4aika [34]

Answer:

$5,664

Explanation:

Calculation of the amount that Platen should record the purchase.

Using this formula

List price -(Percentage of payment term × list price)

Let plug in the formula

$5,900 -(4%×5,900 )

=$5,900-$236

=$5,664

Therefore Platen should record the purchase on August 17 as a:

Debit to Purchases (periodic system) and a Credit to Accounts Payable for $5,664

Therefore the amount that Platen should record the purchase will be $5,664

7 0
3 years ago
What is a trade off?
gizmo_the_mogwai [7]

a balance achieved between two desirable but incompatible features; a compromise.

4 0
3 years ago
A business should endeavor to be socially responsible in its actions and conduct under what set of circumstances?
serg [7]

Answer: All of the above

Explanation:

A company should endeavour to be socially responsible if it will result in any of the listed circumstances as they are all benefits.

If this would increase the company's competitive advantage it should be embarked on as it would lead to the company having a better position in the market. It can also reduce the cost to the company of reputation damaging incidents.

A company having improved efficiency and workforce retention is a good company and if socially responsible actions will bring that, the company should do it. And with the purpose of a company being to maximise shareholder value, a company should definitely engage in socially responsible actions if there is a high correlation between CSR and stock price.

3 0
3 years ago
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