Answer:
<u>Cost of goods manufactured schedule for the month ended June 30, 2017</u>
Raw Materials $46,720
Direct Labor $51,740
Manufacturing Overhead :
Indirect labor $6,510
Factory insurance $4,700
Machinery depreciation $4,380
Machinery repairs $1,990
Factory utilities $3,740
Miscellaneous factory costs $1,980
Add Opening Work in process Inventory $5,670
Less Closing Work in process Inventory ($7,610)
Cost of goods manufactured $119,820
Explanation:
Cost of goods manufactured schedule is a summary of manufacturing costs for the production period.
<u>Determination of Raw Materials In Production</u>
Raw Materials T - Account
<u>Debit :</u>
Opening Balance $9,180
Purchases $55,020
Totals $64,200
<u>Credit :</u>
Work In Process (Balancing figure) $46,720
Closing Balance $17,480
Totals $64,200
Answer:
(A). Ajax Inc. is most likely to have a RFM of 155.
Explanation:
RFM (Recency, Frequency, Monetary) analysis shows how well customers patronize a business by ranking them based on each of recency, frequency and monetary value, on a scale of 1 to 5, with 5 as the highest and 1 as the lowest.
Ajax Inc. has not ordered in a while, so it most likely has a recency score (R) of 1.
Since they ordered frequently in the past, frequency score (F) is 5.
Since orders were of the highest monetary value, (M = 5).
Therefore Ajax Inc. has a RFM of 155.
Answer:
$289,000
Explanation:
The computation of the adjusting basis in case of sale of the home is shown below:
= Purchase value of home + additional purchase cost + cost of swimming pool + new air conditioning system
= $250,000 + $4,000 + $30,000 + $5,000
= $289,000
In case of sale of the home, we consider all the costs which are given in the question as it related to the sale of the home
Considering the situation described above, <u>"no order will appear on the firm's internal order book after the execution."</u>
This is because the executive order is an order that guarantees that the order will be executed; this implies that order execution is conducted before execution.
Given that the order has been executed, no order will appear on the firm's internal order book after the execution.
Generally, order execution can be conducted either manually or electronically.
Hence, in this case, it is concluded that the correct answer is "<u>no order will appear on the firm's internal order book after the execution."</u>
Learn more about order execution here: brainly.com/question/18900609