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3 years ago

Prepare the schedule of cost of goods manufactured for Barton Company using the following information.

Business

1 answer:

Natalka [10]3 years ago

8 0

Answer and Explanation:

The preparation of the schedule of cost of goods manufactured is presented below:

Direct material $232,500

Direct labor $65,500

Factory overhead $27,600

Total manufacturing Cost $325,600

Beginning work in process $158,200

Total cost of work in process $483,800

Ending work in process -$163,000

Cost of goods manufactured $320,800

In this way it should be prepared

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murzikaleks [220]

Answer:

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Explanation:

In order to determine the component after-tax cost of debt first we need to compute the before tax cost of debt by applying the RATE formula which is to be shown in the attachment below:

Given that,

Present value = $1,155

Future value or Face value = $1,000

PMT = 1,000 × 8.25% ÷ 2 = $41.25

NPER = 40 years × 2 = 80 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after applying the above formula

1. The pretax cost of debt is 3.54% × 2 = 7.08%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 7.08% × ( 1 - 0.30)

= 4.96%

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Abey Kuruvilla, of Parkside Plumbing, uses 1,220 of a certain spare part that costs $26 for each order, with an annual holdi

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Answer:

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For 25 Order Size

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For 40 Order Size

Total cost = 1,220 x $26/40 + 40 x $25/2

Total cost = $793 + $500 = $1,293.00

For 50 Order Size

Total cost = 1,220 x $26/50 + 50 x $25/2

Total cost = $634.40 + $625 = $1,259.40

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Total cost = 1,220 x $26/60 + 60 x $25/2

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