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Serjik [45]
2 years ago
15

Given the following, compute the cost of goods manufactured.

Business
1 answer:
Anestetic [448]2 years ago
6 0

Answer:

$278,000

Explanation:

Given the above, cost of goods manufactured is computed as

= Direct materials + Direct labor + Applied overhead + Beginning work in process - Ending work in process

= $40,000 + $100,000 + $120,000 + $30,000 - $12,000

= $278,000

Cost of goods manufactured is $278,000

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Often times, companies export their goods to give more opportunity to gain customers, make a profit and expand their resources. There are also many items that a country imports because of another exporting. In America, we have a lot of items from China that are imported from their exports. Sometimes these items may be priced a little higher depending where you are due to export and import taxes and fees. 
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Your company will need a business plan in order to do what? A. Increase revenue. B. Identify an opportunity. C. Pay taxes. D. Ge
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Get Funding

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Hope this helps :)

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Read 2 more answers
What is consumer vigilance? Select the best answer from the choices provided. A. being aware of risks to consumers B. being fear
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Answer:

the right to be informed. the right to be safe. the right to choose. the right to be heard. avenues for redress ofconsumer grievances (e.g., state and federal agencies, consumer protection laws, private groups such as Common Cause, Better Business Bureau).

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7 0
3 years ago
Kelly Company issued $100,000 of 5%, 10-year bonds at 102 to a single investor. Each of the $1,000 bonds was convertible into 10
Angelina_Jolie [31]

Answer:

The amount credited to common stock upon conversion of the bonds is $101000

Explanation:

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However, on conversion to common stock with premium of $1000 outstanding in the books,the amount to be credited into common stock account is the issue value less outstanding premium.

The amount credited to common stock=$102000-$1000=$101000

This can be shown with entries below:

Dr Bond payable     $100000

Dr Bond premium    $1000

Cr Common stock                      $101000

3 0
3 years ago
Altonland Inc., a pharmaceutical company based in the United States, generally appoints a U.S. national as the head of its forei
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Answer: The correct answer is "the informal rules of the game".

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3 years ago
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