Answer:
(D) $ 4,950
Explanation:
The computation is shown below
As We know that
Ending work in process inventory = Opening work in process inventory + total manufacturing cost - cost of goods manufactured
where,
Total manufacturing cost = Direct materials used + direct labor cost + manufacturing overhead cost
= $10,000 + $25,800 + $19,200
= $55,000
So, the opening work in process inventory would be
$11,200 = Opening work in process + $55,000 - $48,750
So, the opening work in process is
= $4,950
Answer:
$15,000 gain
Explanation:
Assets with a value of $225,000
Remaining asset (cash) to Ula ($25,000)
Purple liabilities ($60,000)
Balance $140,000
Balance Brought forward $140,000
Remaining asset (cash) to Ula $25,000
Ula purchased stock ($150,000)
Balance $15,000 gain
Or
$225,000-$25,000-$60,000=$140,000+$25,000-$150,000=$15,000 gain
Therefore we have $15,000 gain.
Answer: a strategic channel alliance
Explanation: In simple words, strategic alliance refers to a business arrangement in which two organisations combine their resources for their mutual benefits.
Under such an arrangement two organisation agrees to combine their activities and efforts for a particular objective but still remain independent as two separate entities.
Such alliances are generally evident in situation where companies wants to exploit foreign markets. Hence from the above we can conclude that the arrangement between general mills and nestle is a strategic alliance.
<u>Answer:</u>
<em>B) Selling costs of a sales department are not inventoriable</em>
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<u>Explanation:</u>
The inventoriable price is the cost from the provider in addition to all costs essential to get the thing into stock and prepared available to be purchased, for example, cargo in. For a maker, the item expenses incorporate direct material, direct work, and the assembling overhead (fixed and variable).
Inventoriable costs once in a while fluctuate, starting with one industry then onto the next, and they additionally vary, starting with one provider then onto the future down the store network.
That is called withdrawal, glad to help!
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