1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ELEN [110]
3 years ago
7

The accounting staff at Valencia Manufacturing, Incorporated has provided the following data for the month of July. The balance

in the Work in Process 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 July was:
Business
1 answer:
serious [3.7K]3 years ago
4 0

Answer:

the cost of goods manufactured is $149,800

Explanation:

The computation of the cost of goods manufactured is given below:

= Opening work in process + total manufacturing cost - ending work in process

= $31,000 + ($56,800 + $30,700 + $52,800) - $21,500

= $31,000 + $140,300 - $21,500

= $149,800

hence, the cost of goods manufactured is $149,800

You might be interested in
everyday, pepsi products are delivered to grocery stores, gas stations, vending machines, and restaurants in the united states a
Elis [28]

Every day, Pepsi products are delivered to grocery stores, gas stations, vending machines, and restaurants in the united states and locations around the world. to accomplish this task, pepsi must have an expedient to get its products from its source to the consumer in the supply chain.

<h3>What is Pepsi?</h3>
  • PepsiCo produces the carbonated soft drink known as Pepsi.
  • Caleb Bradham first invented and introduced Brad's Drink in 1893. In 1898, it was renamed Pepsi-Cola, and in 1961, the name was abbreviated to Pepsi.
  • Caleb Bradham created Pepsi at his drugstore in New Bern, North Carolina, where it was first sold in 1893 under the name "Brad's Drink".
<h3>What stands for Pepsi?</h3>
  • In 1893, Caleb Bradham created the first Pepsi beverage at his drugstore in New Bern, North Carolina, and sold it under the name "Brad's Drink."
  • In 1898, the drink's name was changed to Pepsi Cola in honor of the recipe's inclusion of kola nuts and the digestive enzyme pepsin.

Learn more about Pepsi here:

brainly.com/question/13373374

#SPJ4

7 0
2 years ago
Tools, equipment, and factories used in the production of goods and services;
Luba_88 [7]

Answer:

capital

Explanation:

The capital assets are all those belongnings of the company that help creating revenue.

4 0
3 years ago
Read 2 more answers
When computing yield to maturity, the implicit reinvestment assumption is that the interest payments are reinvested at the:
Vlad1618 [11]

Answer:

The remaining part of the question is:

The interest payments are reinvested at the:

a.Coupon rate.

b.Current yield.

c.Yield to maturity at the time of the investment.

d.Prevailing yield to maturity at the time interest payments are received.

e.The average yield to maturity throughout the investment period

<u>Correct Answer:</u>

b.<u>Current yield. </u>

<u></u>

Explanation:

7 0
3 years ago
On January 15, 2017, Vern purchased the rights to a mineral interest for $3,500,000. At that time it was estimated that the reco
Dominik [7]

Answer:

Vern's depletion deduction is  $175000

Explanation:

given data

mineral interest = $3,500,000

recoverable units = 500,000

mined = 40,000 units

sold = 25,000 units

depletion rate = 22%

to find out

Vern's depletion deduction

solution

we get here depletion expense that is

depletion expense = \frac{cost - salvage\ value}{estimate\ no\ units} * number\ of\ unit\ extracted      ...........................1

put here value we get

depletion expense = \frac{3500000 - 0}{500000} * 25000  

depletion expense = $175000

and

percentage depletion = $800,000 × 22%

percentage depletion = $176000

we know that % depletion method is not accept as IRS for certain natural resources

so we use depletion method is use here

Vern's depletion deduction is  $175000

4 0
3 years ago
To build a business for the future requires the ability to think in abstract terms and to see "the big picture" to keep everyone
Dimas [21]

Answer:

The correct answer is E. Conceptual skills .

Explanation:

Conceptual skills are highly valued from the management perspective. People with a certain degree of responsibility within an organization are frequently exposed to very complex dilemmas that are not easy to address.

We could define conceptual skills as the ability to think creatively, analyze and understand complicated and abstract ideas. They are skills that allow an individual to understand complex situations to develop creative and successful solutions. They are skills that are not taught or learned, but manifest in real situations as part of creative thinking.

5 0
3 years ago
Other questions:
  • What is a private club tabc
    11·2 answers
  • The customers of TimeZone watches have high brand loyalty and although the watches are priced at high rates, TimeZone's customer
    10·1 answer
  • Which is a quality of an effective reward incentive?
    12·2 answers
  • Ivan is the founder of a firm producing self-driving vehicles. Because the industry is so new and chaotic, Ivan favors a top-dow
    8·1 answer
  • A manufacturer uses activity-based costing to assign overhead costs to products. Budgeted cost information for selected activiti
    13·1 answer
  • How do adjustments affect financial results? (You may select more than one answer. Single click the box with the question mark t
    13·1 answer
  • Charles has decided to open a​ lawn-mowing company. To do​ so, he purchases mowing equipment for ​$​, buys gasoline ​($ in gas i
    7·1 answer
  • Your first job is in hotel management and recently you were promoted to Hotel Manager for a large convention hotel in downtown N
    6·1 answer
  • Why is international trade important to most countries?
    8·2 answers
  • Determine the effective hourly cost, the total annual cost, and the labor burden markup for the Superintendent with the followin
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!