Answer:
$143,200
Explanation:
Given that,
Work in process inventory at the beginning = $24,000
Direct material = $55,400
Direct labor = $28,600
Applied manufacturing overhead = $53,200
Work in process inventory at the end = $18,000
Cost of goods manufactured for June:
= Work in process inventory at the beginning + Direct material + Direct labor + Applied manufacturing overhead - Work in process inventory at the end
= $24,000 + $55,400 + $28,600 + $53,200 - $18,000
= $143,200
Answer:
TRUE
Explanation:
In managerial accounting, there are 2 meanings and significance of a relevant range.
1. The relevant range is the level of activity (range) that a firm is operating i.e. the volume of its production activity.
2. The relevant range is the level of activity within which certain cost behaviors are true i.e. whether the costs by their characteristics are fixed or variable.
Beyond a relevant range, cost behaviors could change in 2 ways
1. Variable costs could start manifesting the characteristic of semi variable costs or mixed costs or
2. Fixed costs could become stepped and become stepped fixed costs.
Therefore cost estimations which is based on cost behavior are only VALID within the relevant range. It is only within a given level of output that certain cost estimations holds true.
Answer:
none because they could be poiseness
Explanation:
Answer:
D. Provide free weekly catered meals for the homeless
Explanation:
