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larisa [96]
2 years ago
14

Rediger Inc., a manufacturing Corporation, has provided the following data for the month of June. The balance in the Work in Pro

cess inventory account was $29,000 at the beginning of the month and $20,500 at the end of the month. During the month, the Corporation incurred direct materials cost of $56,400 and direct labor cost of $30,100. The actual manufacturing overhead cost incurred was $53,700. The manufacturing overhead cost applied to Work in Process was $52,400. The cost of goods manufactured for June was: Garrison 16e Rechecks 2017-09-15 Multiple Choice $140,200. $138,900. $148,700. $147,400.
Business
1 answer:
maw [93]2 years ago
5 0

Answer:

$147,400

Explanation:

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

= Direct materials used + Direct labor cost + Manufacturing overhead cost + beginning work-in-process inventory - ending work-in-process inventory

= $56,400 + $30,100 + $52,400 + $29,000 - $20,500

= $147,400

We considered the applied manufacturing overhead cost instead of actual manufacturing cost

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In 2019, Liza exercised an incentive stock option that had been granted to her in 2016 by her employer, Weather Corporation. Liz
Mashcka [7]

Answer:

$6,000

Explanation:

Since this sale and the exercise of the options didn't occur in the same year, we must make an adjustment for AMT.

In calculating alternative minimum taxable income (AMT), a taxpayer must add or subtract amounts from regular taxable income due to the different treatment of certain tax items for AMT.

In the year 2019:

market price of the stock = $250  

Liza acquired it at = $190,

Therefore,  

Gain = (Acquired price - market price of the stock) × no. of shares

        = ($250 - $190) × 100

        = $60 × 100 shares

        = $6,000

Liza needs to report this as income under AMT adjustments in 2019. This will be reported in for 6,251.

4 0
3 years ago
Martina, Inc. has two service departments (Human Resources and Building Maintenance) and two production departments (Machining a
ziro4ka [17]

Answer:

The correct answer is option (b) 44,000

Explanation:

Solution

Given that:

From the question given, the first step to take is to find out how many square feet would the Building Maintenance cost be allocated

Now,

The Square feet over which Building Maintenance cost would be allocated is stated as follows:

The Square feet over which Building Maintenance cost would be allocated = Square Footage of Machining + Square Footage of Assembly = 18000 + 26000

Thus,

=18000 + 26000 = 44,000

6 0
2 years ago
________________ analyzes how we choose to use our resources on an aggregate (national)level and includes measures of performanc
Alecsey [184]

Macroeconomics is the branch of economics which deals with largescale or general economic factors like interest rates and national productivity. The correct answer is Macroeconomics.

<h3><u>What does Macroeconomics deal with?</u></h3>
  • Macroeconomics examines the functioning, structure, and behavior of the entire economy (like people, households, industries, etc.) in contrast to microeconomics, which focuses primarily on the decisions made by individual economic actors.
  • It analyzes the economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment. It also analyzes the causes, stimulation and driving forces of these phenomena and how the national performance can be improved.
  • The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.

Therefore, the national performance indicators like inflation, unemployment, and federal government expenditures and resource utilization are analyzed are studied under Macroeconomics.

You can learn more about Inflation using the following link: brainly.com/question/1082634

#SPJ4

8 0
1 year ago
Sherry, a 12-year-old, visited a website that wanted to know her family size, her parents' educational level, and her weekly all
sdas [7]

Answer:

D) Both a and b.

Explanation:

COPPA means Children's Online Privacy Protection Act of 1998, it is a federal law in the United States that became effective on April 12 2000. This law is used as pertaining to the collection of personal information of individuals under age 13. For a company that is based in US, it is required that their website must include privacy policy on how to seek parental consent, what this information will be used for, and the responsibility to protect the privacy of children online.

Most companies does not allow children under age 13 to have access to their services because of what it entails in complying with the law.

7 0
3 years ago
An increase in supply is illustrated by a supply curve sifting to the right
solniwko [45]

Answer:

Right************, ***

7 0
3 years ago
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