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antoniya [11.8K]
3 years ago
15

Cost of goods manufactured during the year is $240,000, and work in process inventory on December 31 is $50,000. Work in process

inventory during the year decreased by 60%. Total manufacturing costs incurred are
Business
1 answer:
Zinaida [17]3 years ago
8 0

Answer:

$165,000

Explanation:

The first step is to calculate the work in process inventory

= 50,000/40/100

= 50,000/0.4

= 125,000

Therefore the total manufacturing cost can be calculated as follows

= 240,000-125,000+50,000

= 115,000+50,000

= 165,000

Hence the total manufacturing costs is $165,000

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Deep ocean currents

Explanation:

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Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J
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C) formed a valid contract because Rachel's outward expressions showed the formation of a contract.

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The statement is: True.

Explanation:

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alderwood estimates bad debt expense assuming that 1.5% of credit sales have historically been uncollectible. what is the balanc
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After accounting for bad debt expense, the remaining amount in the allowance for doubtful accounts is $7,950.

<h3>What is bad debt?</h3>

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1 year ago
Many theme parks charge an entrance fee and a per-ride fee equal to zero. This is an example of
nataly862011 [7]

Answer:

two part pricing

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