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
Karo-lina-s [1.5K]
2 years ago
14

Direct materials used for the period cost $66,000; Direct labor cost $80,000; Applied overhead was $60,000; Beginning work in pr

ocess inventory was $27,000; and Ending work in process inventory was $25,000. Calculate the cost of goods manufactured.
Business
1 answer:
liberstina [14]2 years ago
6 0

Answer:

$208,000

Explanation:

The computation of the cost of goods manufactured is shown below:

Cost of goods manufactured = Opening work in process + Manufacturing cost - ending work in process

where manufacturing cost equal to

= Direct material used + Direct labor cost + Manufacturing Overhead cost

= $66,000 + $80,000 + $60,000

= $206,000

Now the cost of goods manufactured is

= $27,000 + $206,000 - $25,000

= $208,000

You might be interested in
The communication process begins with selecting a target audience -- the group with whom Take-A-Ride will be communicating. Whic
Mama L [17]

Answer:

2. Tourists

Explanation:

The communication process begins with selecting a target audience -- the group with whom Take-A-Ride will be communicating.

Hence the target market would be the most likely to find the bike-share program valuable, and thus be the most profitable for the firm is that of the tourists.

Most often the college students and residents generally will buy a bike if they need one to go around but Tourists cannot do that because they only stay around a few days. Hence the tourist market is that which will rent almost everything it needs because it is averse to permanent ownership.

Tourists like to tour and they will need a take-a-ride package to be able to do so

4 0
3 years ago
How old is Michael the fox
lyudmila [28]
59 years old
Hope I got it right for you good luck
6 0
3 years ago
Read 2 more answers
Which are examples of long-term goals? Select all that apply.
bulgar [2K]
Saving for retirement
writing a book
joining a club or team
5 0
3 years ago
Read 2 more answers
How do seat belts and air bags save lives?
evablogger [386]
They are a safety requirement in which if a person gets into a incident for example, in a car crash the person will be safer than just being without protection in the vehicle they are being transported or driving in
4 0
2 years ago
An asset (not an automobile) placed in service in June 2018 has a depreciable basis of $35,000 and a recovery period of 5 years.
Maurinko [17]

Answer:

The Cost that can be deducted will be $3,500

Explanation:

     Bonus Depreciation=$35,000*50%=$17,500

     Now cost deductible in 2018 will be=$17,500/5=$3,500

Currently 50% bonus depreciation being deducted on assets as per new rulings.

5 0
2 years ago
Read 2 more answers
Other questions:
  • Which of the following refers to the system of governing an organization so that the interests of corporate owners are protected
    13·1 answer
  • The debt has an interest rate of 8.50% (short term) and 10.50% (long term). The expected rate of return on the company's shares
    11·1 answer
  • A(n) _____ facilitates the development of organizational knowledge, skills, and tools to internally charter and manage projects
    14·1 answer
  • Bayer Company uses the periodic inventory system. Bayer Company sold goods on account with a retail price of $ 1 comma 800 and a
    12·1 answer
  • Kangaroo Autos is offering free credit on a new $10,000 car: You pay $1,000 down and then $300 a month for the next 30 months. T
    10·1 answer
  • Pat's Custom Tuxedo Shop maintains its records on the cash basis. During this past year Pat's collected $42,000 in tailoring fee
    8·1 answer
  • Direct operating margin may be used to determine departmental?
    15·1 answer
  • See the production possibility tables for Marketopia and Econlandia below. Marketopia Econlandia Cookies Pies Cookies Pies 0 18
    8·1 answer
  • There is an inverse relationship between followers and engagement -- surprisingly, the more followers, the LESS engagement with
    8·1 answer
  • Before Blueberry Designs launched their active wear line, they created a series of ads showing people wearing their designer dre
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!