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kotykmax [81]
4 years ago
11

Cost of goods manufactured equals $65,000 for 2013. finished goods inventory is $2,000 at the beginning of the year and $5,500 a

t the end of the year. beginning and ending work in process for 2013 are $4,000 and $5,000, respectively. how much is cost of goods sold for the year?
a. $67,500
b. $63,000
c. $61,500
d. $68,500
Business
1 answer:
Mkey [24]4 years ago
3 0
I believe the answer is d
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Answer:

under-applied overheads is $1,340

Explanation:

Note : I have attached the full question/similar as an image below.

Actual Overheads   = $594,960

Applied Overheads = $594,960 / 22,200 x 22,150 = $593,620

Since,

Actual Overheads  > Applied Overheads, overheads have been under-applied.

Amount of under-applied overheads is $1,340 ($594,960 - $593,620).

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3 years ago
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Answer:

35.29%

Explanation:

Data provided in the question:

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Discounted price = $55

Now,

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on substituting the respective values, we get

=\frac{85-55}{85}\times100

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Most operating decisions of management focus on a narrow range of activity called the relevant range of production. This is further explained below.

<h3>What are operating decisions?</h3>

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In conclusion, The majority of operational choices made by management center on a certain subset of activities, which is referred to as the relevant range of output.

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A condition where the amount owed by an individual keeps adding even after the repayments are done is known as negative amortization.

Such condition of a negative amortization arises as the amount being repaid does not fully or partly cover the interest amount.

Hence, the significance of negative amortization is aforementioned.

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2 years ago
Class, Let's work on this together. Becca would like to organize BMI as either an LLC or as a C corporation generating a 4 perce
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Answer:

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(1) Pretax earnings                 $18,000  4%*$450,000  $18000  4%*$450,000

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(3) After-tax entity earnings  $18,000    (1) – (2)            $15,300   (1) – (2)

(4) Owner tax                          $5,040      (3)*28%            $2,295     (3)* 15%

(5) After-tax earnings             $12,960     (3)- (4)             $13,005   (3) – (4)

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