Answer:
Option A. 17600
Explanation:
Cost Of Goods Sold: $
Opening Inventory at the start of the month ( 1st Jan 2017) 4000
Add:Purchases 17800
Less:Closing Inventory at the end of the month ( 31st Jan 2017) <u>(4200)</u>
Cost of goods sold for the month <u>17600</u>
Answer: D. code of ethics
Explanation:
Cofe of ethics are the principles that a company use in guiding its employees so that they can know what is either right or wrong according to the company. Code of ethics is typically used to guide workers and to protect them from doing anything that may portray the company in a bad image.
Since Ms. Martinez did not know how to respond to Mr. Tanner's gift, she thought an answer might be in her company's code of ethics. This will show her if collecting such gift is right or wrong.
Answer:
Finished goods inventory final balance= 12, 495
Explanation:
PRODUCTION COST COMPONENTS
- Direct materials 12,385
- Direct work 10,600
- Lease and utilities 9,600
TOTAL PRODUCTION COST = 32,585
TOTAL UNITS PRODUCED = 6,650
UNIT COST= (Total Production Cost / Total Units Produced) = 32,585 / 6,650 = 4.9
FINAL GOODS INVENTORY = (Total Units Produced – Total Units Sales) = 6,650 – 4,100 = 2,250
FINAL GOODS INVENTORY AMOUNT = (Final goods Inventory * Unit Cost) = 2,250 * 4.9 = 12,495
Answer:
Option (b) : $128,168
Explanation:
As per the data given in the question,
Cost of maintenance department = $360,000
In direct method, cost of Maintenance department will be allocated to Department A and Department B their Budgeted maintenance hours' ratio which means 1230 : 680
So, Maintenance department costs allocated to Department B
= Maintenance department cost × Department B budgeted maintenance hours ÷ total budgeted maintenance hours
= $360,000 × 680 ÷ 1910
= $128,167.54
= $128,168
We simply applied the above formula