subject
Business, 10.10.2020 23:01 diazsindy

Freeman Furnishings has summarized its data as shown: Depreciation of factory building $116,000 Factory real estate taxes $15,000 Factory utility expenses $85,000 Indirect materials $32,000 Indirect labor $25,000 Direct labor cost $86,000 Direct labor hours incurred 25,500 Estimated direct labor hours 26,000 Raw material purchased $350,000 Raw material, beginning inventory $40,000 Raw material, ending inventory $29,000 Work in process, beginning inventory $53,000 Work in process, ending inventory $67,000 Estimated overhead $286,000 Compute the cost of goods manufactured, assuming that the overhead is allocated based on direct labor hours. how do I compute the cost of goods manufactured assuming that the overhead is allocated based on the direct labor hours

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 04:40
Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Answers: 3
question
Business, 22.06.2019 19:20
Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.
Answers: 1
question
Business, 22.06.2019 21:30
Sunset foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations. however, as a consequence of its highly compartmentalized structure, the firm has found it difficult to transfer information and ideas from one department to the next. with the launch of its new line of breakfast foods coming up, how can sunset improve its ability to collaborate without sacrificing the benefits of its current structure
Answers: 1
question
Business, 23.06.2019 07:50
To record a 6% stock dividend, accountants use to record a 55% stock dividend, accountants use a. par value per share; market price per share b. par value per share; par value per share c. market price per share; market price per share d. market price per share; par value per share
Answers: 1
You know the right answer?
Freeman Furnishings has summarized its data as shown: Depreciation of factory building $116,000 Fact...
Questions
question
Physics, 27.01.2020 17:31
question
Social Studies, 27.01.2020 17:31
question
Social Studies, 27.01.2020 17:31
Questions on the website: 13722363