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3 years ago

Lopez Corporation incurred the following costs while manufacturing its product.

Business

1 answer:

aev [14]3 years ago

6 0

Answer:

a. $352,200

b. $372,100

Explanation:

The cost of goods manufactured

<em>Consider only the manufacturing costs</em>

Cost of goods manufactured = $122,200 + $69,200 + $17,600 + $113,100 + $34,000 + $13,300 - $17,200

=$352,200

Cost of goods sold

<em>Add Cost of goods manufactured to the net of Finished inventory balance</em>

Cost of goods sold = $47,900 $68,800 + $352,200 - $47,900

= $372,100

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On average, LB Inc. receives 138 payments each day with an average value of $42 each. These payments clear the bank in an averag

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Explanation:

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The Average amount is calculated thus;

= No. of payments * Clearing days * average value of payment

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= $7,535

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2 years ago

What happens if my mission statement changes in the future?

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2 years ago

Klingon Cruisers, Inc., purchased new cloaking machinery five years ago for $20 million. The machinery can be sold to the Romula

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Answer:

a. $16,426,000

b. $19,080,000

Explanation:

a. What is the book value of Klingon's assets today?

Book value of assets refer to the value of the total value of the assets of a company on its balance sheet after depreciation, impairment and amortization have been deducted.

This can be calculated for this question as follows:

Book value of Klingon's assets today = Book value of current assets + Book value of fixed assets

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Book value of Klingon's assets today = $15,500,000 + $926,000 = $16,426,000

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Market value refer to the amount that can be realized from selling something such as the assets of a company.

This can be calculated for this question as follows:

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3 years ago

Mozbert is a company that manufactures and supplies wireless headsets. It started an online advertising campaign that explains t

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3 years ago

The price-demand and cost functions for the production and sales x BBQ grills are given as p ( x ) = 410 − x / 6 C ( x ) = 5900

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Answer:

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