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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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Louis has invested $1,000 in the stock market. At the end of one year, there is a 30% chance that his stock will be worth only $
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Which of the following is an example of an employee contribution retirement plan
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401 retairement plan

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. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 4
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3 0
3 years ago
Periodic outlays for inventory control software at Baron Chemicals are expected to be $150,000 immediately, $200,000 in 1 year,
Nady [450]

Answer:

Total present value=$617,523.24

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The formula for calculating continuous compounding is given as follows

F=P(e^it)

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7 0
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