Answer:
- cost of goods sold
- raw materials inventory
- work in process inventory
- finished goods inventory
Explanation:
solution
As manufacturing industry always keep the track of costs of each inventory as product is moving from the raw material inventory in to the work in process and by the work in process it goes into the the finished goods inventory
so order of the flow of goods from beginning to end is
- cost of good sold
- raw material inventory : it is the total cost of material that is use in production process
- work in process inventory : work in process inventory is continually update work cost is record
- finished good inventory : after each job work complete then product is transfer to finished goods inventory
Answer:
$14.06
Explanation:
overtime pay rate is the amount of per hour paid if a person works more than the standard hours. Overtime pay rate is more than the regular pay rate.
Total Number of Hours worked in a month = 40 x 4 weeks in a month = 160 hours
Total Pay = $1,500
Regular rate per hour = $1,500 / 160 = $9.375 per hour
Overtime rate = 9.375 x 1.5 = $14.06 per hour
C $1380 and d 690 dollers per month
