subject
Business, 26.07.2019 03:30 knussoshd8329

When the goods are sold, their costs are transferred from work in process to finished goods. true or false?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:40
Select the word from the list that best fits the definition sometimes
Answers: 2
question
Business, 22.06.2019 08:50
Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u.s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize
Answers: 3
question
Business, 22.06.2019 12:00
Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?
Answers: 1
question
Business, 22.06.2019 21:10
Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is:
Answers: 3
You know the right answer?
When the goods are sold, their costs are transferred from work in process to finished goods. true or...
Questions
question
Mathematics, 05.12.2019 18:31
question
Social Studies, 05.12.2019 18:31
Questions on the website: 13722363