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Mice21 [21]
3 years ago
8

Samson Company reported total manufacturing costs of $320000, manufacturing overhead totaling $52000, and direct materials total

ing $64000. How much is direct labor cost
Business
1 answer:
Marina86 [1]3 years ago
6 0

Answer:

Direct labor cost is like $184000

Explanation is not my nation

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Brainstorming is a technique for the decision making, it encourages arguments between the individuals but this sometimes result in conflicts and disagreements.

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2 years ago
Jefferson Company has sales of $300,000 and cost of goods available for sale of $270,000. If the gross profit ratio is typically
Ivenika [448]

Answer:

$60000

Explanation:

Given: Sales = $300000.

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First finding the gross profit out of total sales.

Gross profit= 30\% \times 300000

Gross profit= \$ 90000

∴ Cost of goods sold= Total\ sales - gross\ profit

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Hence, cost of goods sold= \$ 210000

Now, finding estimated cost of the ending inventory.

Cost of ending inventory= cost\ of\ goods\ available\ for\ sale - cost\ of\ goods\ sold

⇒ Cost of ending inventory=  \$ 270000- \$ 210000

∴ Cost of ending inventory=  \$ 60000

Hence, estimated cost of the ending inventory under the gross profit method would be $60000.

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Investors analyze this section of the cash flows to know how the capital structure of an organization is managed to further understand the financial strength of the organization.

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