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Nimfa-mama [501]
3 years ago
8

Terra Mesa Manufacturing uses a job order cost system to account for its production of specialty patio furniture. On June 30, th

e company had the following balances in its inventory accounts. Raw Materials: $142,630 Work in Pprocess: $612,320 Finished Goods: $744,350 On June 30, the total of all open job order cost sheets would be A :
Business
1 answer:
devlian [24]3 years ago
3 0

Answer:

$612,230

Explanation:

Since in the question it is mentioned that the company used the job order cost system for production of specialty patio furniture

Also there is various balances mentioned in the question

Now the total of all open job order cost is equivalent to the work in process amount i.e. $612,230 and the same is to be considered

Hence, the total is $612,230

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Answer:

$62,800

Explanation:

Following Garfield Corp's policy, the number of pet beds that must be purchased, assuming no initial inventory, is given by the expected number of sales in March (1,300 units) added to 30% of the expected sales in April (30% of 900 units):

n=1,300 +(0.3*900)\\n=1,570\ units

Since the company purchases each pet bed for $40, total budgeted purchases are:

P=\$40*n=\$40*1,570\\P=\$62,800

Garfield Corp's total budgeted purchases for March are $62,800.

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Samantha, a famous artist, has a contract with Alec to paint his portrait for $6,000. Samantha is very busy and wants to delegat
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3 years ago
Which country, of those listed below, has the lowest percentage of women in senior management?
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As there is no countries listed but the percentage of women in senior management of some countries are as follows:
<span>Women in senior management in China = 50%
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8 0
3 years ago
On March 31, the end of the first month of operations, Barnard Inc. manufactured 15,000 units and sold 12,000 units. The followi
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Answer and Explanation:

The computation of the unit cost of goods manufactured is shown below:

<u>Particulars                  variable costing      absorption costing</u>

variable cost of             $108                     $108

goods manufactured  ($1,620,000 ÷ 15,000)

Fixed manufacturing

cost                                                         $14

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unit cost of goods

manufactured           $108                     $122

3 0
2 years ago
Now that you have studied monopolistic competition, let's see how well you can distinguish a firm in a monopolistically competit
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Answer:

<u>Monopolistic Competition:</u>

4. a firm that faces a downward sloping demand curve.

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1. a firm that produces with excess capacity in

3. a firm that may earn in an economy profit or loss in the short run

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Explanation:

7 0
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