Back Manufacturing reports the following information in T-account form for 2019. Raw Materials Inventory Begin. Inv. 10,800 Purchases 55,000 Avail. for use 65,800 DM used 48,000 End. Inv. 17,800 Work in Process Inventory Begin. Inv. 17,800 DM used 48,000 Direct labor 30,900 Overhead 67,000 Manuf. costs 163,700 Cost of goods manuf. 151,200 End. Inv. 12,500 Finished Goods Inventory Begin. Inv. 19,300 Cost of goods manuf. 151,200 Avail. for sale 170,500 Cost of Goods Sold 152,500 End. Inv. 18,000Required:1. Prepare the schedule of cost of goods manufactured for the year.2. Compute cost of goods sold for the year.
Answers: 1
Business, 22.06.2019 11:20, tatilynnsoto17
Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year. a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs. b. calculate the eoq. c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?
Answers: 2
Business, 22.06.2019 21:50, noodleboy0923
Search engines generate revenue through pay-per-click (each time a user clicks a link to a retailer’s website); pay-per-call (each time a user clicks a link that takes the user to an online agent waiting for a call); or pay-per-conversion (each time a website visitor is converted to a customer)
Answers: 3
Business, 22.06.2019 22:00, nsg0686
Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a. the contractor must submit a standard form 294, subcontracting report for individual contracts. b. the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c. the contractor may submit either an sf 294 or report its subcontracting through esrs. d. the contractor is not required to submit any subcontracting reports.
Answers: 1
Back Manufacturing reports the following information in T-account form for 2019. Raw Materials Inven...
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