Business, 05.09.2019 17:30 laurenppylant

Concord corporation has beginning work in process inventory of $164000 and total manufacturing costs of $486000. if cost of goods manufactured is $46, what is the cost of the ending work in process inventory?
a. $19.
b. $21.
c. $17.
d. $138000.

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Answer from: alexisbcatlett14

a. $190000.

Explanation:

begining WIP 164,000

Total cost added during the period 486,000

total cost to be accounted for: 650,000

cost of goods manufactured (460,000)

ending Work In process 190,000

The ending WIP will be the cost of the unfinished goods.

The beginning and the cost added during the period, will be the total cost to be accounted for.

Then the cost of goods manufactured is subtracted as, these are transferred-out to finished goods.

Answer from: Quest

you can lose ranking 2 ways.

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2) your brainliest's expired. this means that brainliests, once they exceed the 30 day limit, expires. this is to ensure that you continue to contribute into the community at a constant rank if you want to continue to have/exceed the rank you have right now.

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look at the "brainliest answers in the last 30 days". this is the one that will affect your rank other than your points. again, once your brainliest expires (was earned 31+ days ago), it will not be counted.

Answer from: Quest

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

$capital * (1+0.045)^{28} = 48,613.24$

now clearing the formula to solve for capital we got:

$capital = \frac{48,613.24}{(1+0.045)^{28}}$

and we reach the answer investment = $14,174.20

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Concord corporation has beginning work in process inventory of $164000 and total manufacturing costs...

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