Answer:
Inventory= $709
Explanation:
Giving the following information:
January 1 400 at $3.90
Purchase on January 9: 90 at $4.10
Purchase on January 25:120 at $4.20
On January 26, the company sells 440 units.
Ending inventory at January 31 totals 170 units.
FIFO (first-in, first-out)
Inventory= 120* 4.20 + 50* 4.10= $709
Answer:
$128,800
Explanation:
Open a Direct Materials T - Account to calculate the Cost of Direct Material Used.
Direct Materials T - Account
Debit :
Beginning Materials Inventory $ 6,900
Materials Purchases $ 133,500
Total $140,400
Credit :
Materials Used (Balancing figure) $128,800
Ending Materials Inventory $ 11,600
Total $140,400
Therefore,
Cost of Direct Material Used is $128,800
Answer: True
Explanation:
The Hawthorne studies were designed originally in order to show the relationship that existed between productivity and the workplace conditions.
A study like the the level of lighting was used to show correlation with the productivity of the workers and the result was that demonstrated that no matter what the levels of light and noise were, there was an increase in the worker productivity because the workers liked the attention they received by being part of a study.