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Contact [7]
3 years ago
10

Calculate Cost of Goods Manufactured for 2019 using the following information. Direct Materials, Jan. 1, 2019 $ 40,000 Work-in-P

rocess, Dec. 31, 2019 69,000 Direct Labor 48,500 Finished Goods, Dec. 31, 2019 105,000 Finished Goods, Jan. 1, 2019 128,000 Manufacturing Overhead 72,500 Direct Materials, Dec. 31, 2019 43,000 Work-in Process, Jan. 1, 2019 87,000 Purchases of Direct Material 75,000
Business
2 answers:
Soloha48 [4]3 years ago
6 0

Answer:

sry need to answer (points) :(

Explanation:

Aleksandr [31]3 years ago
5 0

Answer:

$234,000

Explanation:

Calculation to determine the Cost of Goods Manufactured for 2019

First step is to calculate the direct materials used in production

Direct materials used in production=$40,000+$75,000-$43,000

Direct materials used in production=$72,000

Second step is to calculate the COGM

COGM=$87,000+$72,000+$48,500+$72,500-$69,000

COGM=$211,000

Now let calculate the COGS

COGS=$128,000+$211,000-$105,000

COGS=$234,000

Therefore the Cost of Goods Manufactured for 2019 is $234,000

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Answer:

Commercial General Liability Policy will not provide compensation for injured caused by softball to the Director

Explanation:

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3 years ago
What efforts did Woodrow Wilson make to try to regulate the economy.
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Read 2 more answers
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Balance sheet recession

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This description best fits the concept of a balance sheet recession. A balance sheet recession is a type of recession that happens when high levels of private debt force people and companies to focus on saving, as opposed to spending. This occurs because people become concerned with paying their debts. The lack of spending causes economic growth to slow down or decline.

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Suppose that Verania and Josimar are roommates that need to complete some household chores. Vacuuming and washing dishes need to
krek1111 [17]

Answer: a. is wrong. Because Verania has a comparative advantage in washing dishes, she should wash dishes, and Josimar should vacuum.

Explanation:

Having absolute advantage in both things does not mean that Verania has a Comparative advantage in both as well.

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