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aksik [14]
2 years ago
9

During 2020, $890000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurre

d was $640000. Marigold Corp.'s total manufacturing costs incurred in 2020 amounted to
Business
1 answer:
mixas84 [53]2 years ago
6 0

Please give brainliest

Answer:

$2,090,000

Explanation:

The computation of the total manufacturing cost is shown below:

Total manufacturing cost = Cost of direct materials used + direct labor cost + manufacturing overhead cost incurred

where,

Cost of direct materials used = Beginning balance of raw material + Purchase of direct materials - ending balance of raw material

= $290,000 + $840,000 - $350,000

= $780,000

So, the total manufacturing cost equals to

= $780,000 + $670,000 + $640,000

= $2,090,000

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Arbor Corporation reports the following: Sales revenue $183,000; ending inventory $12,600; beginning inventory $15,600; purchase
spin [16.1K]

Answer: Cost of goods sold = $62500

Explanation:

Given that,

Sales revenue = $183,000

Ending inventory = $12,600

Beginning inventory = $15,600

purchases = $64,000

purchases discounts = $4,000

purchase returns and allowances = $1,500

freight-in = $1,000

freight-out = $500

Cost of goods sold = Beginning inventory + purchases - purchases discounts - purchase returns and allowances + freight-in - Ending inventory

= $15,600 +  $64,000 - $4,000 - $1,500 + $1,000 - $12,600

= $62500

4 0
3 years ago
John's Locomotive Works manufactures a model locomotive. It comes in two versions: a standard (X1) and a deluxe (X2). The locomo
Law Incorporation [45]

Answer:

Explanation:

X1                    X2              Z

0                      0                0

16                     0                 4,000

0                      10                3,500

8                       6                 4,100

check the picture attached for more explanation

3 0
2 years ago
generally accepted government auditing standards define and describe three broad types of audits that may be performed: financia
QveST [7]

Generally accepted government auditing standards define and describe three broad types of audits that may be performed: financial audits, attestation engagements and performance audits.

<h3>What is Government?</h3>

A government is refer as administrative body which helps in the proper functioning of the country by maintaining peace and order by implementing laws and legislation describe in the constitution.

Generally accepted government auditing standards are refers as measures or guidelines provided by the government to calculate the or check the accountability and performance.

Learn more about Government, here:

brainly.com/question/16940043

#SPJ4

3 0
1 year ago
Which of the following best defines tangible products? They refer to the physical entities or services that are offered to a buy
Len [333]

Answer: <em>They refers to the physical entities or service that are offered to a buyer .</em>

Explanation:

The statement written above best defines the tangible commodities. A physical good that can be distinguished by touch. Examples of these are automobile, confectionery items such as beverages etc, personal computers, mobiles, etc. Many business organization are also required to dispense packaging for these commodities in order to provide security during their transportation.

4 0
3 years ago
What has carolines payment history been like?
evablogger [386]

Answer:

Explanation:

Does Caroline have any closed accounts How long does a closed account stay on a person's credit report?

Regardless of whether it's a loan or credit card, a closed account can still affect your score. According to Equifax, closed accounts with derogatory marks such as late or missed payments, collections and charge-offs will stay on your credit report for around seven years.

3 0
3 years ago
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