1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Select the FALSE statement from below: A. The National Response Framework explains how, at all levels, the nation effectively ma
vlada-n [284]

Answer: The Statement A. is FALSE.

Explanation: The National Response Framework explains how, at all levels, the nation effectively manages the all-hazards response, is the FALSE statement.

The United States National Response Framework is essential to the National National Security Strategy, it helps to give all domestic response partners a response to disasters and emergencies.

7 0
3 years ago
Read 2 more answers
List four decision making techniques
Elenna [48]
Command – decisions are made with no involvement.
Consult – invite input from others.
Vote – discuss options and then call for a vote.
Consensus – talk until everyone agrees to one decision
3 0
3 years ago
If survey questions are standardized and close-ended, they can produce data that is statistically comparable.
tino4ka555 [31]
Ur at a 50:50 chance of getting right. Just guess :p
6 0
2 years ago
bob katz and sally mander are a married couple with four children. total wages for 2018 equaled $102,400. stock which had been p
xxTIMURxx [149]

Answer:

Bob Katz and Sally Mander

Taxable Income for 2018:

= $78,200

Explanation:

a) Data and Calculations:

Total wages =                  $102,400

Gain from sale of stock =     5,200

Interest income =                      100

Total income =                 $107,700

less total deductions =     (29,500)

Taxable Income =            $78,200

b) Bob Katz and Sally Mander will have taxable income of $78,200 when the appropriate rate of tax is applied and the tax liability obtained, then the $1,500 tax credit will be deducted before arriving at the tax liability due.  

c) The short-term capital gain of $5,200 is taxed as ordinary income.  Since it is held for less than a year, it will be included in the taxable income for that year and it follows the same tax brackets as ordinary income.  On the other hand, the long-term capital gain of  $13,000 will attract a tax rate of 0 percent for a taxable income of $78,200.  Otherwise, it will attract a tax rate of 15 percent or 20 percent, depending on income level. This means that long-term capital gains tax rates are much lower than the ordinary income tax rate.

8 0
3 years ago
Why would a small business conduct less marketing research than a larger, established firm?
labwork [276]
The reason is <span>Marketing research is expensive.
</span>The established firm usually has a large amount of capital at its disposal, so they could do market research in order to strengthen their position.
Small business on the other hand, usually struggle to even barely continuing their operation for the next month.
8 0
2 years ago
Read 2 more answers
Other questions:
  • When a certain competitive firm produces and sells 100 units of output, marginal revenue is $80. when the same firm produces and
    10·1 answer
  • Examples of utilities that make it possible for people to create and share multimedia files include _____.
    8·2 answers
  • In response to digital marketing strategies, consumers are changing their information searches and _______ to fit with the emerg
    7·1 answer
  • Schumacher Industries Inc. manufactures recreational vehicles. Schumacher Industries uses a job order cost system. The time tick
    7·1 answer
  • Kevin conducted a study on whether the length of the line at a local Starbucks affected how well the customers enjoyed their cof
    9·1 answer
  • The world price of grapefruits is above the price that currently prevails in Cuba in the absence of trade. Assuming that Cuba is
    14·1 answer
  • _____ is a practice where a store sends coupons to a customer, who has already bought a product from the store, for a more expen
    12·1 answer
  • If a monopolist is able to increase the amount of product she sells from 400 to 420 units by lowering the price of that product
    13·1 answer
  • At December 31, 2017 Rice Company had 300,000 shares of common stock and 10,000 shares of 6%, $100 par value cumulative preferre
    9·1 answer
  • Thrift institutions include Select one: a. insurance companies. b. brokerage firms c. mutual savings banks. d. commercial banks.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!