Raynor Company has the following data: Direct labor $76,000
Direct materials used 84,000
Total manufacturing overhead 65,000
Ending work in process 30,000
Beginning work in process 45,000
Compute total manufacturing costs.
Total manufacturing costs
$
Compute cost of goods manufactured.
Cost of goods manufactured
$

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.