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grin007 [14]
3 years ago
14

Sunland Company has beginning work in process inventory of $134000 and total manufacturing costs of $686000. If cost of goods ma

nufactured is $660000, what is the cost of the ending work in process inventory?

Business
1 answer:
Luda [366]3 years ago
5 0

Answer:

The answer is $160,000

Explanation:

Please refer to the attached file

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17. Andy Store sold merchandise in the amount of $5,800 to a customer on October 1, with credit terms of 2/10, n/30. The cost of
kenny6666 [7]

Answer:

D) Credit to Merchandise Inventory for $4,000

Explanation:

Date  Account and Explanation Debit ($)  Credit ($)

         Account Receivable              5,800  

                 Sale                                          5,800

        (Recorded the sale on credit)

           Cost of goods sold            4,000

                  Merchandise Inventory                4,000

           (Recorded the cost of goods sold)

5 0
3 years ago
Jerilyn has a $10 coupon and a 15% discount coupon for her favorite store. The store has a policy that only one coupon may be us
poizon [28]

Answer:

  • <u><em>It is best for Jerilyn to use the $10 coupon when the value of the purchase is equal or lower than $66.67, and it is best to use the $10 coupon when the value of the purchase is greater than $66.67</em></u>

Explanation:

Assume the value of the purchase is P.

Then <em>15%</em> of P is 0.15P.

To obtain the maximum benefit from the <em>15% coupon</em>, <em>Jerilyn</em> should use it when the discount from it is greater than the discount from the $10 coupon. This is:

  • 0.15P > $10

Divide both sides by 0.15:

  • P > $10 / 0.15

  • P > $66.67

If the value of the purchase is equal to $66.67 the total discount with any cuopon are equal; if it is lower than $66.67, the discount of the $10 coupon is greater.

Thus, you conclude that for a $66.67 purchase she should use the $10 cuopon and for a purchase greater than $66.67 she should used the 15% cuopon.

4 0
4 years ago
How do the shareholders of most corporations exercise their control of that​ corporation?
Mekhanik [1.2K]
The answer to this question is <span>By electing a board of directors
</span><span>Board of directors will have a certain amount of voting rights based on their total ownership in that company.
This voting right often used in electing top level management such as CEO or CFO. So, if you have the majority votes in the board of directors, you could technically control the upper management in that company.</span>
7 0
3 years ago
Why are controls needed in a case-control study?
boyakko [2]
<span>Controls are needed in a case-controlled study because the outcome would be invalid if there were no base controls to start with. It would be like trying to determine which cancer is more aggressive but if you don't have a control in place or to go by, your research would not have any validity.</span>
7 0
3 years ago
If a firm reduces the number of warehouses from two to one and finds that total safety stock levels have not decreased as a resu
grigory [225]

Answer:

The correct option is False.

Explanation:

The safety stock levels are not decreased before and after the centralization, only when the lead time demands between the two warehouses were perfectly positively correlated. i.e the demand in both the warehouses was increasing and decreasing at the same time.

<em>As the correlation indicated in the question statement is regarding the negatively correlated thus the statement is false.</em>

7 0
3 years ago
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