Compute ending work in process inventory for a manufacturer using the following information. Raw materials purchased Direct materials used $ 124,400 74,200 Direct labor used 53,000 Factory overhead 99,900 28,400 Work in process inventory, beginning Cost of goods manufactured 239,600 Ending Work in Process Inventory is Computed as: Work in process inventory, beginning Direct labor used Direct materials used Factory overhead Total manufacturing costs Total cost of work in process Less: Cost of goods manufactured Work in process inventory, ending
Answers
To compute the ending work in process inventory for a manufacturer, the given information should be used. The cost of goods manufactured is $239,600.
To compute the ending work in process inventory for a manufacturer, the given information should be used. The cost of goods manufactured is $239,600. Here are the steps to compute ending work in process inventory:Step 1: Calculate total manufacturing costs direct materials used: $74,200Direct labor used: $53,000Factory overhead: $99,900Total manufacturing costs = Direct materials used + Direct labor used + Factory overheadTotal manufacturing costs = $74,200 + $53,000 + $99,900 = $227,100
Calculate total cost of work in processTotal cost of work in process = Work in process inventory, beginning + Total manufacturing costs total cost of work in process = $28,400 + $227,100 = $255,500Step 3: Calculate ending work in process inventoryWork in process inventory, ending = Total cost of work in process - Cost of goods manufacturedWork in process inventory, ending = $255,500 - $239,600Work in process inventory, ending = $15,900Therefore, the ending work in process inventory for a manufacturer is $15,900.
To know more about manufacturer visit:
https://brainly.com/question/33046847
#SPJ11
Related Questions
1.
In 2016, a market had sales of £350.000. In 2017, the market grew by 5%.
Calculate the new market size in sales value.
Answers
Answer:
The new market size in sales value is 367,500
Explanation:
Answer:
£367,500
Explanation:
the market was £350,000 in 2016.
in 2017, the market grew by 5%.
the new market size will 5% more than 2016.
if 2016 was 100%, 2017 will be 105%
2017 = 105% x £350,000
=105/100 x £350,000
=1.05 x £350,000
=£367,500
classical economists saw the depression as a political problem, not an economic problem. why?
Answers
Classical economists saw the depression as a political problem, because they believed labor unions were stopping the wage level from moving to the right level.
Classical economistsThe Classical economists believe that the great depression experience was as a result of as a political problem.
The reason why they believe it was political problem was because they felt the labor unions who is the union responsible for fight for the right of workers were the one that stop or prevent the wage level from moving to the right level.
Therefore they believed that labor unions were stopping the wage level from rising.
Learn more about Classical economists here:https://brainly.com/question/419703
#SPJ12
In questions 3-6, calculate the percentage change in the CPI and then indicate wether inflation or deflation has occurred. Round answers to the nearest tenth of a percent.
3. In 1974, the CPI was 46.6, and in 1975, the CPI was 52.1
Percentage change in CPI:
Inflation or deflation:
Answers
Percentage change in CPI : 11.8 %
Inflation or deflation : Inflation
What is the CPI ?A gauge of the general level of prices in an economy is the Consumer Price Index (CPI). A collection of frequently purchased commodities and services make up the CPI. The CPI tracks changes in a nation's currency's buying power as well as a basket of goods and services' prices.
One of the most widely used indicators of inflation and deflation is the CPI. In contrast to the producer price index (PPI), which tracks changes in the prices paid to American producers of goods and services, the CPI report employs a different survey methodology, price samples, and index weights.
The percentage change in this CPI is :
= ( Later CPI - Old CPI ) / Old CPI x 100 %
= ( 52.1 - 46.6 ) / 46.6 x 100%
= 0. 118 x 100%
= 11.8 %
This shows that there was an inflation because the percentage change was positive.
Find out more on CPI at https://brainly.com/question/27886596
#SPJ1
MATCH EACH TERM WITH EACH DEFINITION
Credit report
Grace period
Secured card
Annual percentage rate
1. The amount of interest paid on a unpaid balance
2. Number of days to run a balance before fees or interest are charged
3.A credit card with money in a savings account to act as collateral
4. A listing of a persons financial information and history
Answers
Answer:
grace period = 2
credit report= 4
secured card = 3
annual percentage rate = 1
Answer:
annual percentage ; the amount of interest charged on unpaid balances
grace paid ; number of days to run a balance before fees or interest are charged.
balance transfer ; the movement of money owed on one credit card to another credit card.
credit report ; listing of a person's financial information and history.
Explanation:
ap3x correct
Tina, a sales manager, is interviewing a worker who applied for a sales job. She likes the applicant so much that she says, "This is a great place to work. If you are loyal to us, we will be loyal to you, and you can count on a job here." Phil, the HR manager, learns what Tina said. He asks her not to make this kind of statement again. What reason best explains
Answers
Phil, the HR manager, asks Tina, the sales manager, not to make statements promising job security and loyalty to applicants. The reason behind this request can be explained as a legal and compliance concern.
The reason Phil asks Tina not to make statements about job security and loyalty is due to legal and compliance considerations. Making such promises can create a contractual obligation or expectation of job security, which may not be legally enforceable. Employment relationships are typically governed by employment contracts or agreements that outline the terms and conditions of employment. Making promises of job security without proper documentation can create misunderstandings and potential legal liabilities for the company.
Employment laws and regulations vary by jurisdiction, but in general, employers need to be cautious about making promises that go beyond the terms of the employment agreement. Phil's request is to ensure that the company remains compliant with applicable employment laws and protects itself from potential legal risks. It is important for organizations to have clear and consistent policies regarding employment terms, including job security, to avoid misunderstandings and potential legal disputes.
Learn more about Employment here:
https://brainly.com/question/29603057
#SPJ11
25 points
You are an experienced customer service representative. How will you handle an irate customer? What skills will you employ? Your response must be at least 150 words.
Answers
Answer:
The impatient customer
The situation: An impatient customer may have been waiting in line longer than usual, they may be running late to their next appointment, or maybe they're restless while you search for a solution to their issue or concern.
How to handle it: Be clear and to the point without appearing dismissive of their demeanor. Explain transparently why there's a wait or delay without getting into specifics. Make sure an impatient customer knows that effort is being invested in resolving the situation.
Frame your answers in a positive light, too. For example, instead of saying that an item is out of stock, explain that a new delivery is expected by a certain date or that you are working quickly to restock the items in question
A money market account would be a good investment choice if you:_____.
Answers
Money market accounts are suitable for people who want to earn more interest than a savings account with short-term goals in mind.
Easy Access money market accounts can give you immediate access to your funds,almost whenever you need it.MMAs often offer the ability to write checks or access cash through a debit card.As such,an MMA may be a good idea if you're saving for a specific purchase,such as a vacation,a down payment on a car, or for an emergency or rainy day fund.And know that you can usually make withdrawals without paying a fee,just like you would with a certificate of deposit (CD).Money market funds are generally considered one of the most stable investments they experience low volatility and are less prone to market fluctuations. Money funds are also more liquid than other investments with similar returns, such as CDs,because they allow you to quickly withdraw cash or buy other investments. Since these schemes invest in money market instruments,they are ideal for investors with lower risk tolerance and an investment horizon of up to one year.Investors with idle cash in their savings account can generally earn better returns by investing in these funds.
To learn more about fluctuations please click on below link.
https://brainly.com/question/24195749.
#SPJ4
What phrase could a licensee use in advertising that would not discriminate on the basis of familial status
Answers
Senior discount is the phrase that a licensee could use in advertising that would not discriminate.
A familial status discrimination is known to occurs when the landlord, manager or property owner treats someone very differently.
The other options clearly discriminate the familial status.
Hence, the Senior discount is the phrase that a licensee could use in advertising that would not discriminate.
Therefore, the Option is correct.
Missing options "Couples only Empty nesters No bicycles allowed Senior discount"
Read more about Discount
brainly.com/question/912869
Post-secondary education is
Answers
DescriptionTertiary education, also referred to as third-level, third-stage or post-secondary education, is the educational level following the completion of secondary education.
Explain why you might not want to have passive income as your only source of income.
Answers
Answer:
Passive income is dependent on the actions of others, and you have little influence over the amount of money you earn. Without doing anything different, the money you receive from it might be extremely excellent or very awful. If, for example, you are a novelist and your book is panned, you may not be able to make a living from it. If people like it, on the other hand, you may make a lot of money.
____________OAmalOHopeO
______________
Answer:
Passive income relies on what others do and you dont really have control over the amount of money you make
Write the names of sender and receiver of quotation letter in foreign trade.
Answers
Answer:
Wydm
Explanation:
Describe how the U.S. private enterprise economy works
Answers
Answer: Go ahead and copy and paste
Explanation: As an economic system, private enterprise is characterized by competition, open markets, private ownership, and private initiative. Producers take production initiative on the basis of price and profit-and-loss signals essentially given by consumers.
Answer:
As an economic system, private enterprise is characterized by competition, open markets, private ownership, and private initiative. Producers take production initiative on the basis of price and profit-and-loss signals essentially given by consumers. ... Private enterprise is open to all comers.
What was the most important message that BTS taught you personally?
I think it was definitely to be more confident in myself and not care about what people think. I think the song that I loved the most was 21st century girl, it really boosted my love and admiration for myself as a girl, in a society (where I live )where we aren’t considered much. Words like “you’re worth it” really stuck with me. So to sum it up , they taught me to love myself for who I was, to stand up for what I think is right and not care about what people think of me, or the fact that they don’t think much of me because I’m girl, lol.
(What about you ARMY)
Answers
I remember being really shy and I kept everything to myself, but BTS taught me to open up more and love myself and believe in what I can do, as well as not let people bring me down with just words, that is why I like listening to songs like MIC Drop, Not Today, and ON
The Moto Hotel opened for business on May 1, 2017. Here is its trial balance before adjustment on May 31.
MOTO HOTEL
Trial Balance
May 31, 2017
Debit Credit
Cash $ 2,333
Supplies 2,600
Prepaid Insurance 1,800
Land 14,833
Buildings 71,200
Equipment 16,800
Accounts Payable $ 4,533
Unearned Rent Revenue 3,300
Mortgage Payable 37,200
Common Stock 59,833
Rent Revenue 9,000
Salaries and Wages Expense 3,000
Utilities Expense 800
Advertising Expense 500
$113,866 $113,866
Other data:
Insurance expires at the rate of $360 per month.
2. A count of supplies shows $1,150 of unused supplies on May 31.
3. (a) Annual depreciation is $3,600 on the building.
(b) Annual depreciation is $3,000 on equipment.
4. The mortgage interest rate is 5%. (The mortgage was taken out on May 1.)
5. Unearned rent of $2,630 has been earned.
6. Salaries of $750 are accrued and unpaid at May 31.
Journalize the adjusting entries on May 31.
Answers
Okay very school thank s
In which situation would a savings account be the best?
Answers
if you're not spending everything you earn each month.
You do not want a financial savings account but you in all likelihood need one if you're now not spending the entirety you earn every month. savings bills permit you to earn a much higher interest rate to your cash than checking bills, most of which do not offer any interest in any respect.
A savings account is an hobby-bearing deposit account held at a financial institution or other monetary organization. though these accounts commonly pay a modest interest price, their safety and reliability lead them to a extremely good choice for parking coins you want available for brief-term desires. A financial savings account continues her financial savings cut loose her spending money.
Learn more about A savings account here:- https://brainly.com/question/17229382
#SPJ4
An important financial institution that assists in the initial sale of securities in the primary market is the.
Answers
List 3 responsibilities that a consumer has when making a purchase.
check receipt, know the return policy, read the fine print
Answers
Answer:
1 searching for information about de goods
2 realizing the need of something
3 evaluating different products
A consumer's responsibilities include checking receipts, knowing the return policy, and reading the fine print.
Responsibility of a Consumer
Every consumer has basic responsibilities they need to adhere to when making a purchase. This is done to protect their right via consumer laws and these responsibilities includes
check the receipt of the purchaseknow the return policyread the fine print.When a consumer makes a purchase, s/he is required to check the receipt to avoid overbilling or charges from done intentionally or not. Knowing the return policy and reading the fine print would guide you in the use of the product.
Learn more about consumer here brainly.com/question/380037
brainly.com/question/380037
#SPJ2
Complete the following. (Value: 2 x 5= 10 marks) The following interoffice messages are too long and too formal to be effective as electronic transmissions to others on the same computer network. Revise each message to make it direct and less formal-that is, appropriate for electronic communication. Make sure that each message contains 50 or fewer words in one paragraph. 1. In an effort to stimulate sales, we are hosting demonstrations for special clients here in the Eastern Region. In Ontario, we will sponsor a demonstration in Niagara Falls, one in Oshawa, and one in Ottawa. These three demonstrations will be held in March. In New Brunswick, we plan to sponsor two demonstrations. One will be held in Edmundston; the other will be in Saint John. These demonstrations are tentatively scheduled for April. In Québec, the demonstrations will be in Hull and Montreal-tentatively set for May. A schedule of dates and times is forthcoming. We will distribute the "final" schedule of demonstration times and dates, as well as the names of the hotels, during the next month or so. 2. Many employees have been requesting information concerning extended medical benefits for themselves and their families. Connors Worldwide Insurance, which provides our employees with their company-paid insurance has several attractive packages available to any interested employee at reasonable costs. Employees who are interested can pay the cost of premiums through payroll deductions. If you feel that you might need some additional insurance above and beyond what the company now offers, by all means be sure to get more information on the specific packages available and the cost of each. For more information, contact Gretchen Heinz in the Benefits Department. Gretchen's extension is 4384.
Answers
The following interoffice messages are too long and too formal to be effective as electronic transmissions to others on the same computer network.
1. We're hosting demos for select clients in the Eastern Region. In Ontario, demos will be held in Niagara Falls, Oshawa, and Ottawa in March. In New Brunswick, we'll have 2 demos in April - Edmundson and Saint John. In Québec, we'll host demos in Hull and Montreal tentatively in May. Dates and times are coming soon.
2. Many employees want information on extended medical benefits. Connors Worldwide Insurance has attractive packages available at a reasonable cost. If you're interested, you can pay premiums via payroll deductions. If you want more information, contact Gretchen Heinz in Benefits. Gretchen's extension is 4384.
To know more about Insurance visit:
https://brainly.com/question/27822778
#SPJ11
Which of the following scenarios describes an error in netiquette? (5 points)
Ahmed keeps his email and text exchanges with his coworkers professional, even though he likes to use off color humor at times with friends.
Jamie writes an email to his colleagues and before sending takes an extra fifteen minutes to carefully proof spelling and grammar.
Marina allows herself to be more honest and straightforward in her written correspondence than she would in her face-to-face interactions.
Shonda receives an email from a colleague complaining about one of their coworkers and deletes it promptly without sharing it with others.
Answers
The scenarios that describes an error in netiquette is option D. Shonda receives an e.mail from a colleague complaining about one of their co- workers and deletes it promptly without sharing it with others. Netiquette is a set of informal rules for good behavior and politeness followed by users of online such as the Internet, email.
Netiquette is gotten from the word "etiquette," which means the general rules or conventions of correct and polite behaviour in social settings and situations. It is therefore the act of exercising polite and considerate behaviour in online contexts, such as Internet discussion boards and personal email.
What is politeness?Politeness is the practical application of good manners or etiquette so as not to offend others. Politeness is a culturally defined phenomenon, and therefore what is considered polite in one culture can sometimes be quite rude or simply eccentric in another cultural context.
Therefore, the correct answer is as given above
learn more about Netiquette: https://brainly.com/question/942794
#SPJ1
When a bank says their savings account earns 1% interest, that typically means you will earn 1% interest over what period of
time (Note: this is not referring to the compounding frequency or frequency of interest payment)?
Answers
Answer:
one year
Explanation:
The interest rate quoted by banks and other financial institutions applies for one year. Money deposited will earn the interest rate quoted if it stays with the bank for twelve consecutive months. In other words, the interest rate is for one year. Should a customer withdraw before one year is over, the bank will prorate the interest earned.
Negotiated transfer prices Blank______. Multiple select question. use the expertise of managers in weighing the costs and benefits of the transfer ensure that the supplying division will receive a market price are consistent with decentralization preserve the autonomy of the divisions ensure that all common costs will be covered
Answers
Negotiated transfer prices Blank uses the expertise of managers in weighing the costs and benefits of the transfer.
What is negotiated transfer pricing?Negotiated transfer pricing refers to when firm representatives negotiate rates on their own, rather than relying solely on market prices.
Learn about the benefits and drawbacks of adopting negotiated transfer pricing through the example of two companies' negotiations. Transfer prices negotiated assesses the costs and benefits of the transfer with the help of managers.
Therefore, option A is correct.
Learn more about the transfer pricing, refer to:
https://brainly.com/question/14085963
#SPJ1
I
In which book of original entry would you enter the following?
(a) Sales invoice
(b) Debit note-
(c) Cash sale-
(d) Purchase invoice-
(e) Credit note-
Answers
Question 1 of 3
The bank limits deposits to $200 per day. Ash has $300
to deposit. What should she do?
Select a response.
A Make multiple deposits over a few days
B Not agree to the Terms and Conditions
Answers
According to the information provided, Ash should make several deposits spread out over a few days. Thus option A is correct.
Ash can divide the deposit into two separate transactions because the bank only allows deposits of $200 per day and she has $300 to deposit. She is permitted to deposit $200 on the first day and the final $100 on the second day.
She will be able to successfully complete her deposit and stay inside the bank's deposit cap with this method. The correct response is, "Make several deposits over a few days."
Therefore, option A is appropriate.
Learn more about Bank, here:
https://brainly.com/question/12984338
#SPJ1
Discuss the acceptability and commercial use of, violence, and gambling in the united states
Answers
The acceptability and commercial use of violence and gambling in the United States vary based on cultural, social, and legal factors. While violence is generally not acceptable in society, it has been normalized in certain contexts, such as in sports and entertainment. However, excessive violence or glorification of it can face criticism and backlash.
Similarly, gambling has a long history in the US and is legal in many states. It is often considered a form of entertainment and generates significant revenue for the industry and governments. However, gambling addiction and negative social consequences have led to some opposition to its expansion.
Overall, the acceptability and commercial use of violence and gambling in the US depend on a range of factors and are subject to ongoing debates and controversies. Balancing the economic benefits with potential harms and social costs remains a complex and ongoing challenge.
you know more about violence and gambling pls visit-
https://brainly.com/question/30176728
#SPJ11
PLEASE HELP-AFTER THIS QUESTION I ONLY HAVE 10 POINTS LEFT, AND I DON'T WANT TO HAVE TO ASK THIS AGAIN!!!!!!!!!!!! I WILL GIVE BRAINLIEST, 5 STARS, AND THANKS TO ANYONE WHO CAN HELP ME!!!!!!!!!!!!!!!!!
Will thinks he is a good listener. He holds consistent eye contact whenever his colleagues speak and lets them share without interrupting. He always concentrates on what they are saying, doesn’t ask any questions, and tries to show them support by repeating what they’ve said and making judgments about it. Haley says that though Will exhibits some behaviors of a good listener, he could do better by changing a thing or two about his approach. What would Haley MOST likely suggest that Will should change about his behavior in order to become a better listener?
He should ask questions and stop making judgments.
He should stop repeating what his colleagues have said.
He should stop making judgments and repeating what his colleagues have said.
He should ask questions and stop holding so much eye contact.
Answers
Answer:
sup
Explanation:
Answer: He should ask questions and stop making judgments.
Explanation:
brainliest please
Part II: Elastic or Inelastic?
Instructions: Determine whether the demand for the following items is price clastic or inelastic,
Write your answer on the line after the item. Then write the reasons for your answer.
A. Salt
Why?
B. New cars
Why?
C. Pork chops
Why?
D. European vacation
Why?
E. Insulin
Why?
F. Insulin at one of four drug
stores in a shopping mall
Why?
G. Gasoline purchased one day
after a 20 percent price increase
Why?
I
HL Gasoline purchased one year
after a 20 percent price increase
Why?
Answers
a. The demand for salt is price inelastic. This is because salt is considered a necessity in making meals.
b. The demand for new cars is price elastic. This is because there are many substitutes for new cars. For example, the bus is a substitute for a new car.
c. The demand for pork chops is price elastic. This is because there are many other types of foods that can be consumed instead of pork chops.
d. The demand for European vacation is price elastic. This is because vacations are not a necessity; they are a luxury.
e. The demand for Insulin is price inelastic. This is because insulin is very important to a diabetic patient
f. The demand for Insulin at one of four drug stores in a shopping mall is price inelastic. This is because consumers have choices between the four drug stores in the mall
g. The demand for gasoline purchased one day after a 20 percent price increase is price inelastic. This is because in the short run, consumers do not have enough time to search for suitable substitutes, so demand would be inelastic
h. The demand for gasoline purchased one year after a 20 percent price increase is price elastic. This is because in the long run, consumers would have enough time to find suitable substitutes.
Demand is price elastic if the quantity demanded of a good is sensitive to small changes in the price of the good
Demand is considered inelastic if the quantity demanded of a good is less sensitive to changes in the price of a good.
Factors that affect the price elasticity of demand
Time frame: demand is inelastic in the short run because consumers would not have enough time to find cheaper substitutes. In the long run, demand is elastic because consumers would have enough time to search for substitutes. Number of close substitutes : If there are many substitutes for a good, the demand for the good would be elastic. If there are no close substitutes, the demand for the good would be inelastic Nature of the good: if the good is considered a necessity, the demand for the good would be inelastic and if the good is considered a luxury, the demand for the good would be inelastic.To learn more about elasticity of demand, please check: https://brainly.com/question/14897348?referrer=searchResults
Vignette III
Dead River Inc. has a $1,000,000 note payable due to its founder, Marvin Morton. Mr. Morton recently died, and Dead River Inc.’s executive team has not been able to establish whether or not there are any heirs to Mr. Morton’s estate. Dead River Inc. has solicited your professional opinion as to whether it is appropriate to derecognize the liability from its financial statements.
Respond to Dead River Inc. Describe the applicable guidance requirements, including excerpts as needed to support your response.
Answers
Based on the information provided, Dead River Inc. should not derecognize the $1,000,000 note payable from its financial statements. Applicable guidance requires entities to continue recognizing a liability until it is legally extinguished or settled. In this case, the uncertainty regarding the existence of heirs does not relieve Dead River Inc. from its obligation to the founder's estate. To support this response, guidance from accounting standards such as ASC 405-10-25-1 and ASC 405-20-40-1 can be referenced.
According to ASC 405-10-25-1, a liability should be recognized until it is legally extinguished or settled. In the case of Dead River Inc., the $1,000,000 note payable to Marvin Morton remains a valid liability even though Mr. Morton has passed away. The uncertainty surrounding the existence of heirs does not absolve the company from its obligation to the founder's estate.
ASC 405-20-40-1 further clarifies that an entity should not derecognize a liability merely due to uncertainty about the identity or location of the creditor. Dead River Inc. should continue to recognize the note payable in its financial statements until the legal status of the liability is resolved.
Learn more about financial statements here:
https://brainly.com/question/30355441
#SPJ11
find two rational number between -3 and -2
Answers
Answer:
-2.1 and - 2.89
They are rational numbers between - 3 and - 2
which of the following will increase investment spending
A) More optimistic business expectations
B) An increase in interest rates
C) Ann increase in business taxes
D) A decrease in capacity utilization
E) All of the above
Answers
Answer:
E
Explanation:
All the suggested options can increase investment spending
Investment spending is the money spent towards business expansion in the area of acquiring capital goods such as plant and machinery or goods used in the production like the raw materials.
Optimistic business decision : Leads to more investment in potential business opportunities
Increase in interest rates : As funds are borrowed to finance investment , increase interest rate will increase spending.
Increase in business taxes : This means that companies will have to pay more on taxes
Decrease in capacity utilization : This will lead to the acquisition of more machinery and investment spending increase
Answer:A More optimistic business expectations
Explanation:
A p e x
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
Read more on jobs here: https://brainly.com/question/26355886
#SPJ1