Consider derek's budget information: materials to be used total $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory on january 1 is $189,100; and work in progress inventory on december 31 is $197,600. the budgeted cost of goods manufactured for the year is:

$649,450

Explanation:

In these kind of situations it is generally assumed that there is FIFO,

Therefore, the goods entered first that is work in progress is completed and then the goods added are completed.

Cost of goods manufactured = Opening Work in process + Direct expense added in the period - closing work in process.

= $189,100 + $64,750 + $198,400 + $394,800 - $197,600

= $649,450

Cost of goods manufactured includes direct material cost, direct labor cost and all the direct factory overheads incurred during the month.

Therefore, current year cost of goods manufactured is calculated as above, which is = $649,450.

because she sucked. : )

(but so does trump, don't @ me)

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.