Answer:
$99,600
Explanation:
If the ending inventory was understated that means that they have less of the inventory than they had originally expected, this means that they sold more than they have calculated and therefore have not included the $7,800 in the net income. Therefore, we would need to add this amount to the actual reported net income to get the correct net income for 2022...
$91,800 + $7,800 = $99,600
The correct net income for 2022 is $99,600
Answer:
1.The cost of a hard drive installed in a computer = Direct Material Cost
Explanation:
Direct Material relates to the basic inputs required to make the final good.
Here, for the information it is provided that, PC Works assembles custom computers, which are supplied by various manufacturers.
Since the main business of PC Works is to assemble the computers, installing a hard disk will be the main component of service, thus, It is part of direct material.
Answer:
D) increases in the outsourcing of labor
Explanation:
Globalisation is the process by which business develop operations internationally. It involves integration of people, business and governments.
Outsourcing of labor involve hiring of manpower outside an organisation to carry out some job functions.
Because of the variety of talent available globally, and the reduced overhead costs, more businesses are outsourcing job functions.
A, true. hope this helped you!!!
Answer:
$6,200
Explanation:
Beginning Work in progress $15,000 $8,000
Units started $60,000 $38,500
Total process $75,000 $46,500
Less: Units transferred to tax $65,000
Ending work in progress $10,000
Average cost method material cost of work in progress = Material cost ÷ Total units
$46,500 ÷ $75,000
= $0.62
Material cost of work in progress = $0.62 × $10,000
= $6,200