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melomori [17]
2 years ago
12

The following information relates to the manufacturing operations of the Abbra Publishing Company for the year: Beginning Ending

Raw materials inventory$547,000 $610,000 The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to: Multiple Choice $955,000. $892,000. $1,565,000. $408,000.
Business
1 answer:
yKpoI14uk [10]2 years ago
5 0

Answer:

Purchases= $408,000

Explanation:

Giving the following information:

Beginning Ending Raw materials inventory$547,000 $610,000

The raw materials used in manufacturing during the year totaled $1,018,000

<u>To calculate the direct material purchased, we need to use the following formula:</u>

Purchases= direct material used in production - ending inventory

Purchases= 1,018,000 - 610,000

Purchases= $408,000

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Answer:

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Wells Fargo &amp; Company, headquartered in San Francisco, is one of the nation’s largest financial institutions. Suppose it rep
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Answer:

<u>EQUITY AND LIABILITIES</u>

<u>EQUITY</u>

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8 0
3 years ago
Imagine that you are serving as the general manager of a hotel. What three aspects do you think would be most important to the s
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3 years ago
Read 2 more answers
A company has preferred stock with a current market price of $18 per share. The preferred stock pays an annual dividend of 4% ba
scZoUnD [109]

Answer:

Answer:

Dividend (D) = 4% x $100 = $4

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Kp = <u>$4 </u>

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