Business, 20.01.2020 18:31 americab512
Cost of direct materials, cost of goods manufactured, cost of goods sold bisby company manufactures fishing rods. at the beginning of july, the following information was supplied by its accountant: raw materials inventory $40,000 work-in-process inventory 21,000 finished goods inventory 23,200 during july, the direct labor cost was $43,500, raw materials purchases were $64,000, and the total overhead cost was $108,750. the inventories at the end of july were: raw materials inventory $19,800 work-in-process inventory 32,500 finished goods inventory 22,100 required:
1. what is the cost of the direct materials used in production during july? $
2. what is the cost of goods manufactured for july? $
3. what is the cost of goods sold for july?
Answers: 3
Business, 22.06.2019 03:40, lexybellx3
Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production
Answers: 3
Business, 22.06.2019 11:10, Emmaxox715
Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. − exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) − na = (360 ) (360 ) oa b. na = (360 ) + 360 360 − na = 360 na c. (360 ) = na + (360 ) (360 ) − na = (360 ) na d. na = (360 ) + 360 360 − na = 360 na
Answers: 1
Business, 22.06.2019 12:50, trintrin227
Afirm’s production function is represented by q(m, r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false
Answers: 3
Cost of direct materials, cost of goods manufactured, cost of goods sold bisby company manufactures...
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