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luda_lava [24]
2 years ago
14

Rediger Inc., a manufacturing Corporation, has provided the following data for the month of June. The balance in the Work in Pro

cess inventory account was $31,000 at the beginning of the month and $21,500 at the end of the month. During the month, the Corporation incurred direct materials cost of $56,800 and direct labor cost of $30,700. The actual manufacturing overhead cost incurred was $53,900. The manufacturing overhead cost applied to Work in Process was $52,800. The cost of goods manufactured for June was:
Business
1 answer:
AVprozaik [17]2 years ago
4 0

Answer:

$150,900

Explanation:

Calculation for what The cost of goods manufactured for June was:

Direct materials $56,800

Direct labor $30,700

Manufacturing overhead applied to work in process $53,900

Total manufacturing costs $141,400

Add: Beginning work in process inventory $31,000

$172,400

Less: Ending work in process inventory $21,500

Cost of goods manufactured $150,900

($172,400-$21,500)

Therefore The cost of goods manufactured for June was:$150,900

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Which is not an example of a risk management strategy?.
OlgaM077 [116]

Buying a new car is not an example of a risk management strategy.

<h3>What do you mean by risk management strategy?</h3>

A risk management strategy is a systematic and consistent approach to identifying, assessing, and managing risk.

Travel insurance is an example of this. We do not accept the risks of a lost suitcase or an accident abroad, as well as the associated costs; instead, we pay a travel insurance company, so that they bear the financial consequences.

Thus, Buying a new car is not an example of a risk management strategy.

learn more about risk management strategy refer:

brainly.com/question/14455706

#SPJ1

8 0
2 years ago
On January 1, Year 1, Parker Company purchased an asset costing $20,000. The asset had an expected five-year life and a $2,000 s
SOVA2 [1]

Answer:

3600

7200

Explanation:

3 0
3 years ago
Assume, for Vietnam, that the domestic price of textiles without international trade is higher than the world price of textiles.
nikitadnepr [17]

Answer:

a. other countries have a comparative advantage over Vietnam and Vietnam will import textiles.

Explanation:

A country has comparative advantage if it produces a good or service at a lower opportunity cost when compared to other countries.

The price of textile in Vietnam is higher when compared with other countries, this shows that Vietnam doesn't have a comparative advantage in the production of textile.

Vietnam should import textiles and use its resources to produce other goods for which it has a comparative advantage.

I hope my answer helps you.

8 0
2 years ago
According to the quantity equation, the price level would change less than proportionately with a rise in the money supply if th
mylen [45]

Answer:

The correct answer is b. either a rise in output or a fall in the rate at which money changes hands.

Explanation:

The quantitative theory of money is an economic theory that aims to explain the causes of inflation, that is, the variations in prices and the value of money in a country.

To explain inflation, the quantitative theory of money relates the money supply to the general price level. The money supply is the amount of money that exists in the economy. It can be estimated since it is the central banks that control the liquidity of the economy.

6 0
3 years ago
You are considering buying a share of stock in Company ABC. At the end of years 1, 2, and 3 the stock will pay you a dividend of
Dahasolnce [82]

Answer:

$200

Explanation:

The computation of the share of the ABC stock worth to you today is shown below:

PV = Annual dividend (P/A, i, n) + Sale value (P/F, i, n)

i denotes the interest rate

n denotes the time period  

= $10 (P/A, 5%, 3) + $200 (P/F, 5%, 3)

= ($10 × 2.7232) + ($200 × 0.8683)

 = $27.23 + $172.76

 = $199.99

= $200

Basically we determine the present value

5 0
3 years ago
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