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
KatRina [158]
4 years ago
5

Slapshot Company makes ice hockey sticks. During the month of June, 1,900 sticks were completed at a cost of goods manufactured

of $437,000. Suppose that on June 1, Slapshot had 350 units in finished goods inventory costing $80,000 and on June 30, 370 units in finished goods inventory costing $84,000. 1. Prepare a cost of goods sold statement for the month of June.
Business
1 answer:
Alexxx [7]4 years ago
8 0

Answer:

Answer is $135,000...

You might be interested in
How do employers benefit from providing outplacement services?
V125BC [204]

Answer:

it helps them save resources.

Explanation:

Outplacement services are those that help an employee that is leaving the firm with obtaining a new job or transitioning to a new career. For employers providing these services provides various benefits that can save resources for the company that may otherwise be wasted on various organizational and legal costs that may arise during termination of work.

8 0
3 years ago
"an assembly line with a single shift capacity of 500,000 units per year could produce how many units if using all available shi
stiks02 [169]
<span>Assuming that there are 3 shifts per day, that would equate to 1.5 million units per year. Typically the shifts are 7am-3pm, 3pm-11am, and 11am-7am. If using all available shifts, the assembly line would produce 1,500,000 units per year.</span>
6 0
4 years ago
Wright maintains an ending inventory for each month in the amount of one and one-half times the expected sales in the following
Harlamova29_29 [7]

<u>Explanation:</u>

In the above problem the cash payments of wright corporation is given. From which the production schedule and summary of payments for the month of March, April and May are calculated.

The inventory of the given month is taken as 1.5 times the projected sales for the next month.  Material cost and labor cost is given per unit cost on the projected sale for last month.

5 0
4 years ago
A stock market crash will cause Group of answer choices aggregate demand to decrease, which the Fed could offset by purchasing b
Zolol [24]

Answer:

A stock market crash will cause aggregate demand to decrease, which the Fed could offset by purchasing bonds.

Explanation:

A stock market crash happens when the prices of stocks fall generally and suddenly that investors are taken unawares.  It triggers some reactions which further threatens the market overall and depresses aggregate demand.  It also weakens investors' confidence, reduces productivity, consumption, and the ability of firms to fund their activities, and leads the economy to recession.

Stock market crashes are triggered by unexpected economic event, catastrophe, or crisis.  For example, the collapse of Lehman brothers as a result of bankruptcy.  They are further exacerbated by panic reactions, underlying economic underperformance, and investors' fear.

The Fed as the US central bank in charge of the monetary policy can try to stem the downward spiral caused by a stock market crash by purchasing bonds.  This makes more money available in the economy for consumption.

Before the crash, the Fed can decide to bail out the institution, e.g. an airline or a financial institution, that could trigger a crash.  But, most stock market crashes are not foreseen.

6 0
4 years ago
Percy Corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During
quester [9]

Answer:

1) A debit to Organization Expenses for $4,800.

Explanation:

The complete journal entry should be as follows:

January xxx, Year 1 (organization expenses)

  • Dr Organization Expenses account 4,800
  • Cr Common Stock account 2,800
  • Cr Paid-in Capital in Excess of Par Value account 2,000

All the stock sold by the corporation must be recorded at par value in the common stock account. Any money received in excess has to be recorded under paid-in capital in excess of par value account.

3 0
3 years ago
Other questions:
  • Factory workers are constantly encouraged to practice zero tolerance when it comes to accidents in factories.
    8·1 answer
  • What is a tort? A. A breach of contract B. A legally-binding contract between two parties that includes consideration C. An agen
    6·1 answer
  • Kiley Corporation had these transactions during 2017. Analyze the transactions and indicate whether each transaction is an opera
    9·1 answer
  • The Phillips curve exhibits A. the situation where cyclical unemployment becomes zero. B. the relationship between the unemploym
    13·2 answers
  • Products sold at factory outlets sometimes contain minor flaws<br><br> A.true<br> B.false
    7·2 answers
  • HR Professional Ethics
    14·1 answer
  • Using what you have learned, describe the effect of communications technology on globalization.
    11·2 answers
  • Finish Co. uses the allowance method to account for bad debts. At the end of 2010, Finish Co.'s un-adjusted trial balance shows
    14·1 answer
  • Which result is a positive aspect of globalization? A. intense competition B. decreased profit margins C. increased coordination
    10·2 answers
  • What factors do you think are most important to luxury buyers?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!