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3 years ago

WILL MARK BRAINLIEST QUIZ ENDS AT 9:40am TODAY!!!

1 answer:

3 0

Visualization. Bring d ull academic concepts to life with visual and practical learning experiences, helping your students to understand how their schooling applies in the real-world

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Abc sold 680 units of inventory during the month. cost of goods sold assuming lifo would be?

Luba_88 [7]

Cost of goods sold assuming LIFO would be $1,653.

It is a technique used to account for stock. under LIFO, the charges of the maximum current merchandise bought are the first to be expensed. LIFO is used best within the governed via the generally usual accounting concepts.

Determine the inventory cost of our oldest stock and multiply that fee with the aid of the quantity of inventory bought, whereas to calculate LIFO decide the fee of your maximum recent stock and multiply it by using the amount of inventory bought.

explanation;

Records for Dunbar Incorporated revealed the following:-

Cost of goods sold = (320 × $2.51) + (360 × $2.36)

Cost of goods sold = $803.2 + $849.6

Cost of goods sold = $1,653

Disclaimer:- your question is incomplete, please see below for complete questions

Beginning inventory 470 $2.36 Apr.

20 Purchase 320 2.51 Dunbar sold 680 units of inventory during the month. Cost of goods sold assuming LIFO would be?

Learn more about inventory here:- brainly.com/question/24868116

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5 0

2 years ago

According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the

shtirl [24]

Answer:

The correct answer is "Allow entrepreneurs personal freedom to follow their self-interest"

Explanation:

According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the products most wanted by consumers would be to allow entrepreneurs personal freedom to follow their self interest.

4 0

3 years ago

Look at Ivan's check register. Ivan spent $158.29 on groceries. He then transferred $250 to his savings account.

jolli1 [7]

Answer:

(1)=A (2)=D

i just need to fill up this space to answer~

7 0

3 years ago

Read 2 more answers

MCO Leather Goods manufactures leather purses. Each purse requires 2 pounds of direct materials at a cost of $4 per pound and 0.

ruslelena [56]

Answer:

Direct Materials Purchases Budget Sept 51680 October 60160

Direct labor Budget September 54600 October 66150

Overhead Budget Sept $ 20920 October $23,230

Explanation:

The budgets are calculated in the following ways.

We multiply the required material , direct labor hour or variable overhead rate with the given number of units and then with the cost per unit to get the total costs.

MCO Leather Goods Manufacturers

Direct Materials

Purchases Budget

September October November

Production 5200 6300 6100

Pounds per units * 2 *2 *2

Total Pounds 10400 12600 12200

Cost per pound * $4 * $4 *$4

Total cost 41600 50400 48800

On hand

Inventory + 10080 + 9760 ---

Direct Materials

Purchases Budget 51680 60160

MCO Leather Goods Manufacturers

Direct Labor Budget

September October

Production 5200 6300

Hours required per unit * 0.7 *0.7

Total hours 3640 4410

Rate per hour * $15 *$15

Total labor Cost 54600 66150

MCO Leather Goods Manufacturers

Factory Overhead Budget

September October

Production 5200 6300

Hours required per unit * 0.7 * 0.7

Labor Hours 3640 4410

Variable OH * $3 *$3

Variable Costs $10920 $13230

Fixed OH + $10,000 +$10,000

Total OH $ 20920 $23,230

8 0

3 years ago

What are the main functions of HR department

Dimas [21]

Answer:

Personnel administration.

Personnel recruitment and selection.

Compensation and incentive management.

Development of a positive work climate.

Employee performance evaluation.

Staff training and development.

Labour relations.

Occupational health and safety.

Explanation:

The functions of a human resources Department are numerous and diverse, as this team is responsible for managing a company's human capital to meet the established business objectives. The personnel department is key in any company, from attracting and retaining talent to guaranteeing the interests and well-being of employees.

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3 years ago