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serg [7]
3 years ago
11

Youngstown Rubber reports the following data for its first year of operation. Direct materials used $710,200 Direct Labor 350,00

0 Cost of goods manufactured 1,030,300 Finished goods inventory, ending 190,900 Finished goods inventory, beginning 0 Manufacturing overhead 100,100 Work in process inventory, beginning 0 Work in process inventory, ending 130,000 What are the total manufacturing costs to account for
Business
1 answer:
ser-zykov [4K]3 years ago
6 0

Answer:

$1,160,300

Explanation:

Total Manufacturing Costs are all costs related to the production of goods to be sold. This consists of direct costs such as labor and material and other indirect costs such as electricity and rentals.

<u>Calculation  of total manufacturing costs :</u>

Cost of goods manufactured         1,030,300

Add Closing Work In Process           130,000

Less Beginning Work In Process                 0

Total manufacturing costs            $1,160,300

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The Answer is 39.769 miles

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If your dad wanted to purchase a new life insurance policy, which would you recommend and why?
pentagon [3]

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I would recommend Ladder.

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3 0
3 years ago
Which of the following events would cause GDP for 2019 to increase?
Dominik [7]

Answer:

C In May 2019James buys a 2019 Honda Accord .

Explanation:

GDP refers to a country's monetary value of all the finished goods and services produced in a particular year. GDP incorporates the value of products and services produced within the country's boundaries regardless of who produced them.

Economists calculate GDP for a particular year by considering only the finished goods or services in that year. They calculate GDP using either the income, expenditure or the production approach. In any of the approaches, only the Honda produced and sold in 2019 will add to the GDP of 2019. The products that were finished in 2018 were accounted for in GDP for 2018.

4 0
2 years ago
The following materials standards have been established for a particular product at Zoom Industries: Standard quantity per unit
Liula [17]

Answer:

the material quantity variance is $23,299.30 unfavorable

Explanation:

The computation of the material quantity variance is shown below:

= (standard quantity - actual quantity) × standard rate

= (6.3 × 890  - 7,150) × $15.10

= (5,607 - 7,150) × $15.10

=  $23,299.30 unfavorable

Hence, the material quantity variance is $23,299.30 unfavorable

3 0
3 years ago
Judd Company uses standard costs for its manufacturing division. Standards specify 0.1 direct labor hours per unit of product. T
AveGali [126]

Answer:

Variable overhead cost variance =  $2,949.80

Explanation:

As per the data given in the question,

Actual overhead cost = $15,000

Actual hours =  490

Actual cost = $30.61 per hour

Standard overhead cost = $15,000

Standard hours = 610

Budgeted cost = $24.59 per hour

Variable overhead cost variance = Actual hours × (Actual cost per hour - Standard cost per hour)

= 490 × ( $30.61 - $24.59 )

= $2,949.80

5 0
3 years ago
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