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Karo-lina-s [1.5K]
3 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]3 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

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I think the correct answer would be demographic segmentation. It is a type of market segmentation where the consumers are classified according to race, religion, family, gender and/or income. It is a way to help an organization target specific consumers.
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g When a monopolistically competitive industry is in long-run equilibrium: Multiple Choice price equals marginal cost. firms ear
kozerog [31]

Answer:

price equals minimum average total cost

Explanation:

As we know that in the short run, the firms earns the economic profit but in the long run  when a new firm is entered into the indusry and there is a market share so the demand of the market is to be shared by each firm due to which the demand would be less

So this represents that price is equivalent to the average total cost

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3 years ago
Consumption occurs when income is exchanged for goods or services
Nonamiya [84]

Answer:

The correct answer is when income is exchanged for goods or services.

Explanation:

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4 0
3 years ago
Read 2 more answers
A group of people creates an organization that is independent of the state to challenge inequities and assert their political ri
stealth61 [152]

Answer:

civil society organization

Explanation:

A civil society organisation are set up to run differently from government or businesses. Their main aim is to challenge inequities and assert their political rights to resources and recognition within their state.

They are sometimes referred to the 3rd sector after the commercial and government sectors.

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5 0
3 years ago
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Answer:

-$2.24

Explanation:

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7 0
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