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krok68 [10]
3 years ago
12

At the second week in March, job 710 has an accumulated beginning cost of $37,800. A) $9000 of direct materials were used. B) 30

0 hours of direct labor were charged to the job at $40 per hour C) Manufacturing Overhead was charged to the job at the rate of $40 per machine hour 160 machine hours were used. The entire Finished Goods Inventory was sold . Transfer the appropriate number to the Costs of Goods sold.
Business
1 answer:
erik [133]3 years ago
8 0

Answer:

Costs of Goods sold = $65,200

Explanation:

Since the entire Finished Goods Inventory was sold, thhis implies that there is no accumulated ending cost.

The Costs of Goods sold can be calculated as follows:

Accumulated beginning cost = $37,800

Direct materials were used = $9,000

Direct labor = Number of direct labor hours * Labor cost per hour = 300 * $40 = $12,000

Manufacturing Overhead = Number of machine hours * Cost per machine hour = 160 * $40 = $6,400

Therefore, we have:

Costs of Goods sold = Accumulated beginning cost + Direct materials were used + Direct labor + Manufacturing Overhead = $37,800 + $9,000 + $12,000 + $6,400 = $65,200

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timurjin [86]

The classic anthropological definition of culture is ---“that complex whole which includes knowledge, belief, art, law, morals, custom, and any other capabilities and habits acquired by man as a member of society”

What is the meaning of complex whole?

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A culture represents the beliefs and practices of a group, while society represents the people who share those beliefs and practices. Neither society nor culture could exist without the other.

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6 0
2 years ago
Coronado Company purchased equipment and these costs were incurred: Cash price $64600 Sales taxes 4000 Insurance during transit
worty [1.4K]

Answer:

$70,050

Explanation:

The computation of the acquisition cost of the equipment is shown below:

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= $70,050

We simply added the all given cost as it is included in the acquisition cost and the same is to be considered

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5 0
4 years ago
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In the example of the question, Eric clearly doesn’t quite understand the expertise of the surgeon and is unable to evaluate it but nevertheless he benefits from it through his hernia surgery.

6 0
3 years ago
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Which of the following is an example of a final good or service?
vesna_86 [32]

Answer:

A

Explanation:

Hope this helps you. sorry if wrong.

7 0
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