All categories

3 years ago

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

Business

1 answer:

Softa [21]3 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

You might be interested in

By how much did annualized consumption decline in november of 2008 when gdp was $14 trillion?

irga5000 [103]

<span>Annualized consumption dropped immensely in November 2008. The 5 years prior to 2008 were some of our strongest yet, also, a GDP of $14 trillion is nothing to balk at. I am thoroughly surprised that the decline we experienced then came so soon after a long streak of winning.</span>

5 0

3 years ago

Merchandise inventory is classified on the balance sheet as a

daser333 [38]

Answer:

Merchandise inventory is classified on the balance sheet as a current asset.

Explanation:

Merchandise inventory refers to the price of products that are available for sale and they are classified as a current asset.

Current assets are the cash and the other assets that can be turn into cash within a year, like inventory as there is a good opportunity that the products are sold in that period which makes inventory to be included in the current assets on the balance sheet.

6 0

3 years ago

Layne wants to set up her PivotTable to show how her total sales were distributed across the

Sav [38]

The command that would help to show the total sales distributed in the month that she wants to see is the Show Field List.

<h3>What is the show field list?</h3>

This is the command that tells the spreadsheet that you want to view the values that are in a field.

This command would show the list after you carry out the action of right clicking on the pivot table.

Read more on the pivot table here:brainly.com/question/15214258

7 0

2 years ago

A typical major requirement for a business major would be a course in: A.physics. B.music theory. C.economics. D.physical educat

Llana [10]

Economics because it has to deal with money, which is important for a career in business.

7 0

3 years ago

Connor Corp. has large amount of data that they are trying to analyze from the last 15 years. They have an arithmetic sales grow

MrRa [10]

Answer:

11.14%

Explanation:

Blume's formula is used to combine both arithmetic and geometric returns. This is because using arithmetic growth rate exclusively would be overly optimistic for longer time horizons and on the other hand, using geometric growth rates exclusively would be overly pessimistic for short time horizons.

Using the attached formula, plug in the given numbers;

R(T) would be the sale growth rate we need to calculate.

R(T) = $\frac{5-1}{15-1} *0.09 + \frac{15-5}{15-1} *0.12$

R(T) =0.0257 + 0.0857

R(T) = 0.1114 as a decimal

Therefore, the forecast sales growth would be 11.14%

7 0

3 years ago