Business, 21.04.2020 20:19 yungkxng57
Donald, Inc. produces protective covers for cell phones. For last year, the company reported the following: Work in process inventory, January1 $13, 250 Work in process inventory, December 31 28, 250 Finished Goods Inventory, January 1 113,000 Finished Goods Inventory, December 31 85,000 Direct Materials Inventory, January 1 3,450 Direct Materials Inventory, December 31 2,700 Direct Materials Purchased 183,750 Direct Labor 138,000 Plant Depreciation 19,500 Salary, Production Supervisor 47,000 Indirect Labor 68,300 Utilities, Factory 15,700 Sales Commissions 42,000 Salary, Sales Supervisor 75,000 Depreciation, Factory Equipment 32,000 Administrative Expenses 168,000 Supplies (40% used in the factory, 60% used in the sales office) 18,000 Advertising Expense 43,600 Last year, the company produced 89,000 units and sold 90,500 units at $10.50 per unit Required: 1) Determine the cost of goods sold for the last year
Answers: 1
Business, 21.06.2019 15:10
Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,200 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,200 from hopkins. the entry or entries gideon makes to record the write off of the account on may 3 is:
Answers: 3
Business, 22.06.2019 14:30
Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?
Answers: 3
Business, 22.06.2019 18:30
What historical context does wiesel convey using the allusion of a fiery sky? he compares the sky to hell. the fires from air raids during world war ii the cremation of jews in the concentration camps the outbreak of forest fires from bombs in world war ii
Answers: 1
Donald, Inc. produces protective covers for cell phones. For last year, the company reported the fol...
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