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Mariana [72]
3 years ago
9

Materials used in product $125,700 Advertising expense $51,700 Depreciation on plant 63,400 Property taxes on plant 23,100 Prope

rty taxes on store 8,100 Delivery expense 24,700 Labor costs of assembly-line workers 116,100 Sales commissions 43,900 Factory supplies used 31,700 Salaries paid to sales clerks 52,800 Work in process inventory was $13,800 at January 1 and $17,600 at December 31. Finished goods inventory was $68,800 at January 1 and $45,700 at December 31. (a) Compute cost of goods manufactured. Cost of goods manufactured $enter the Cost of goods manufactured in dollars
Business
1 answer:
Elodia [21]3 years ago
4 0

Answer:

cost of goods manufactured= $356,200

Explanation:

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

<u></u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

Overhead:

Depreciation on plant 63,400

Property taxes on plant 23,100

Factory supplies used 31,700

Total overhead= $118,200

cost of goods manufactured= 13,800 + 125,700 + 116,100 + 118,200 - 17,600

cost of goods manufactured= $356,200

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Explanation:

Correlation between fund S&B=0,0667

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an economy produces 2,400 units of output, employing 60 units of input, and the price of the input is $30 per unit. the level of productivity in this economy is 40

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Explanation:

Please see attached file .

Download docx
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