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2 years ago

The following information is available for Ethtridge Manufacturing Company for the month ending July 31:

Business

1 answer:

Softa [21]2 years ago

6 0

Answer:

the cost of goods manufactured is $382,500

Explanation:

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

Cost of direct materials used in production $147,700

Direct labor 177,200

Work in process inventory, July 1 66,500

Total factory overhead 81,200

Less:

Work in process inventory, July 31 90,100

Cost of goods manufactured $382,500

Hence, the cost of goods manufactured is $382,500

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"Mexico" is the appropriate answer.

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2 years ago

On January 1, 2012, Coronado Industries purchased for $762000, equipment having a useful life of ten years and an estimated salv

kari74 [83]

Answer:

$45,800

Explanation:

Coronado Industries

Cost of Equipment $762,00

Accumulated Depreciation

( $762,000 - 45,000 ) /10*9 years

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2 years ago

Read 2 more answers

On January 1, 2017, Accounts Receivable and Allowance for Uncollectible Accounts for Darius Company carried balances of $20,000

kupik [55]

Answer:

(C) $745

Explanation:

The computation is given below:

For computing the bad debt expense, first we have to determine the ending account receivable balance which is shown below:

Ending account receivable balance = Beginning account receivable + credit sales - collections - written off amount

= $20,000 + $70,000 - $74,700 - $400

= $15,300

So, the bad debt expense is

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2 years ago

Texas Roadhouse opened a new restaurant in October. During its first three months of operation, the restaurant sold gift cards i

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Answer:

General Journal Debit Credit

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Sales revenue 800

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3 years ago

In Year 8, Emil Gow won $5,000 in a state lottery. Also in Year 8, Emil spent $400 for the purchase of lottery tickets. Emil ele

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The amount of lottery winnings that should be included in Emil's Year 8 taxable income is: $5,000.

<h3>What is taxable income?</h3>

Taxable income can be defined as the income that are reduce by tax or other deduction.

Since we were told that the amount of $5,000 was won in the state lottery, which means that the amount of lottery winnings that should be included in Year 8 taxable income is will be the total or the whole amount of the gambling winnings which is $5,000.

Learn more about Taxable income here:brainly.com/question/26316390

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1 year ago