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Artist 52 [7]
3 years ago
13

Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income stat

ement. Determine the amounts of the missing items, identifying them by letter. Finished goods inventory, June 1 $64,900 $18,800 (e) Cost of goods manufactured 331,000 (c) 65,800 Cost of finished goods available for sale (a) $178,600 $103,400 Finished goods inventory, June 30 76,800 37,500 (f) Cost of goods sold
Business
1 answer:
WARRIOR [948]3 years ago
7 0

Answer;

Cost of goods manufactured =  Cost of finished goods available for sale - Beginning inventory of finished goods.

Cost of goods sold = Cost of finished goods available for sale - Ending finished goods

a. Cost of goods manufactured =  Cost of finished goods available for sale - Beginning inventory of finished goods.

331,000 = a - 64,900

a = 331,000 + 64,900

= $395,900

b. Cost of goods sold = Cost of goods manufactured - Ending finished goods

b = 395,900  - 76,800

= $319,800

c. Cost of goods manufactured =  Cost of finished goods available for sale - Beginning inventory of finished goods.

c = 178,600 - 18,800

= $159,800

d. Cost of goods sold = Cost of finished goods available for sale - Ending finished goods

d = 178,600 - 37,500

= $141,100

e. Cost of goods manufactured =  Cost of finished goods available for sale - Beginning inventory of finished goods.

65,800 = 103,400 - e

e = 103,400 - 65,800

= $37,600

f. Cost of goods sold = Cost of finished goods available for sale - Ending finished goods

- missing figure (ending finished goods).

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Answer:

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The Needs Theory by David Mclelland summarizes individual needs into three. They are:

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A balanced reward system will have financial and non-financial benefits. some of the non-financial benefits will be tailored to have the above components.

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The equity theory will guide the business owner in ensuring that all selected metrics of input are classed and priced accordingly.

The usual form of input include but are not limited to:

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Cheers

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Answer:

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