Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows:Inventories January 1 January 31Materials$180,000$145,500Work in process334,600290,700Finished goods675,000715,000Direct labor$2,260,000Materials purchased during January 1,375,000Factory overhead incurred during January:Indirect labor115,000Machinery depreciation90,000Heat, light, and power55,000Supplies18,500Property taxes10,000Miscellaneous costs33,100a. Prepare a cost of goods manufactured statement for January. b. Determine the cost of goods sold for January.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 18:30, tfhdg
Following is stanley black & decker’s income statement for 2016 (in millions): stanley black & decker, inc. income statement for the year ended december 31, 2016 ($ millions) sales $11,406.9 cost of goods sold 7,139.7 gross profit $ 4,267.2 selling, general and administrative expenses 2,602.0 other operating expenses 268.2 operating income 1,397.0 interest and other nonoperating expenses 171.3 income before income tax 1,225.7 income tax expense 261.2 net income $ 964.5 compute stanley black & decker’s gross profit margin.
Answers: 1
Business, 22.06.2019 20:20, baby851
You are the cfo of a u. s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u. s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take
Answers: 2
Business, 23.06.2019 00:40, Cooldude4676
In 2017, "a public university was awarded a federal reimbursement grant" of $18 million to carry out research. of this, $12 million was intended to cover direct costs and $6 million to cover overhead. in a particular year, the university incurred $4 million in allowable direct costs and received $3.4 million from the federal government. it expected to incur the remaining costs and collect the remaining balance in 2018. for 2017 it should recognize revenues from the grant of
Answers: 3
Do you know the correct answer?
Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows:Inventorie...
Questions in other subjects:
Mathematics, 13.03.2020 01:29
