Answer:
1.Cost of Raw Materials= $88,000
2.Cost of Goods Manufactured = $293,000
3. Cost of Goods Sold= $321,000
Explanation:
1. Calculation for the Cost of Raw Materials Used using this formula
Cost of Raw Materials = Beginning Inventory + Purchases - Ending Inventory
Let plug in the formula
Cost of Raw Materials= $10,000 + $90,000 - $12,000
Cost of Raw Materials= $88,000
B) Calculation of Cost of Goods Manufactured
Using this formula
Cost of Goods Manufactured = Beginning Work in process Inventory + Direct Material + Direct Labor+ Factory Overhead - Ending Work in process
Let plug in the formula
Cost of Goods Manufactured = $ 40,000 + $88,000 + $130,000 + $60,000 - $25,000
Cost of Goods Manufactured = $293,000
3. Calculation for Cost of Goods Sold
Using this formula
Cost of Goods Sold=Beginning Inventory + Production During Period - Ending Inventory
Let plug in the formula
Cost of Goods Sold= $40,000 + $293,000 - $12,000
Cost of Goods Sold= $321,000
Therefore The company's cost of direct materials used, cost of goods manufactured and cost of goods sold is:
1.Cost of Raw Materials= $88,000
2.Cost of Goods Manufactured = $293,000
3. Cost of Goods Sold= 321,000
Answer:
Explanation:
The previous answer has incorrect numbers for cost of goods sold. It should be cost of goods manufactured (293000) + beginning finished goods inventory - ending finished goods inventory. They used the numbers for beginning and ending raw materials inventory. The correct answer is:
Cost of Materials Used: 88000
Cost of Goods Manufactured: 293000
Cost of Goods Sold: 303000
Kimberly is responsible, worthy of trust, and consistent in her performance at work. Her employers know that they can count on her. Kimberly demonstrates _____.
initiative
dependability
time management
conflict resolution
Answer:
dependability
Explanation:
When others can rely on you, it shows you are dependable. Dependability is a state where others trust a particular person will deliver. It is convincing others to have full confidence in you and your abilities.
Through previous actions, Kimberly has demonstrated that her employers can rely on her entirely. She has convinced her employers without any doubts that they can depend on her.
A type of service that requires a CPA firm to issue a report about the reliability of an assertion that is made by another party is a(n) Group of answer choices
Answer:
no
Explanation:
creo
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Look at the following table, what should the company charge for each product to increase total revenue?
A. $11
B. $15
C. $10
D. $13
E. $16
F. $17
The protection of children’s education rights from excessive work time was guaranteed by the...
a.
The Rehabilitation Act
b.
The Fair Labor Standards Act
c.
The Age Discrimination Act
d.
The Equal Pay Act
Answer:
B
Explanation:
The protection of children's education rights from excessive work time was guaranteed by the The Fair Labor Standards Act (FLSA). The FLSA is the Federal law which sets minimum wage, overtime, recordkeeping, and youth employment standards.
Answer:
ITS B:))))
Explanation:
2. The economic system that is found in a Communistic political system is
1 point
a: *
a. Command Economy
b. Free Enterprise
c. Mixed Economy
d. Fascism
Answer:
a. Command Economy
Explanation:
In a communist political system, the emphasis is on the general well being of society at large. Public needs and wants are prioritized over individuals' needs. In a communist political system, factors of production are owned by the public through the government.
A command economy is an example of the communist political system. In a command economy, the government makes all the economic decisions. It produces goods and services with public interests as the motive for engaging in economic activities. In command economies, serving the public is prioritized over profits.
Prepare a trial balance by placing amounts in the appropriate debit or credit column and determining the balance of the service revenue account
Assume wages and resource prices are flexible and the economy reached long-run equilibrium. What would be the long-run equilibrium output if there was an increase in government spending
Answer: If there is an increase in spending, it would affect the economy, because there is supposed to be an equality in the revenue generated and the cost
Explanation:
The long-run equilibrium can be described when a perfectly competitive market occurs having marginal revenue equating marginal costs, which is also equal to average total costs.
If there is an increase in spending, it would affect the economy, because there is supposed to be an equality in the revenue generated and the cost but in situations where cost exceeds economy, there would be an effect
B. Although materiality in terms of size is important, size alone does not qualify a loss as an extraordinary item. To qualify as extraordinary, an event should be unusual in nature, and not be expected to recur in the foreseeable future.
Answer:
true
Explanation:
In simple words, the above statement relates to the theories of cost accounting. An extraordinary item can be understood as an accounting concept that relates to an exceptional benefit or loss which is not caused, unusual in existence, and uncertain to reappear in the near future from the usual business activities of a firm. The financial reports individually report extraordinary items.
Thus, from the above we can conclude that the correct option is true.
According to the American Management Association (AMA) and Human Resource Institute (HRI), what is the number one cause of unethical business conduct
Answer:
Pressure of meeting a deadline
Explanation:
According to the American Management Association (AMA) and Human Resource Institute (HRI) survey which included feedback from about 1,121 managers & HR experts from around the world, they discovered that there were a couple of factors that were responsible for unethical business conduct but the main/primary cause they discovered was the pressure of meeting tight deadlines.
Which of these is a primary and secondary source of market research, respectively?
Answer:
The answer is focus group interviews and trade associations.
Explanation:
Primary rotates around interviews and trade associations revolve encompassing receiving something back. the primary reference of research is data assembled through original or first-hand examination while the secondary reference is the data information collect by someone in history.
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1. The government has imposed a new regulation for car companies to install baby seat anchors to support baby seats in all new cars produced. How does this change supply for cars?
A. Does not impact supply
B. Decrease Supply
Which of the following represents major standards for ethical behavior?
Answer:
A. integrity, honesty, respect, fairness
Explanation:
Ap-ex
Samantha invested $14,000 at 6% simple interest for 1 year. How much is in the account at the end of the 1 year period
Explanation:
The interest = PTR/100
So, here P = Principcal
T = time
R = Rate of interest
= 14000 x 6 x 1 / 100 = 840
So interest = 840
So, The amount at the end = Principcal + Interest
= 14000 + 840 = 14840
Sales tax is deducted from your gross wage.
True
False
Answer:
False
Explanation:
Sales Tax is applied when you purchase something.
Sales tax is deducted from your gross wage is the false statement, as sales and gross wages are two different things.
What is Sales tax?The government levies a consumption tax known as a sales tax on the purchase of goods and services. At the point of sale, a standard sales tax is imposed, collected by the shop, and paid to the government.
Thus, the statement is not true.
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Keeping an open mind is necessary to show ______.
a.
willingness to learn
b.
self management
c.
loyalty
d.
Willingness to get things done
Answer: a. willingness to learn
Explanation:
Answer:
a
Explanation:
Jackson is working late at night on a project that is due the next day. he is not sure how to print his word document, and it is too late to call or text his teacher. what what is the best option for Jackson?
Decided not to print the document
Provide negative feedback to office online
Type a question in the "tell me what to do" box
View accessibility options
Answer:
Type a question in the “Tell me what you want to do” box.
Explanation:
Did the test myself and got it right.
Answer:
click the tell me what to do box
Explanation:
An argument can only have one premise.
True or False
Answer:
TRUE: A valid argument cannot have all true premises and a false conclusion. So if a valid argument does have a false conclusion, it cannot have all true premises. Thus at least one premise must be false. 4.
Explanation:
In the context of customer relationship management, _____ assists with tasks such as tracking customer interactions and analyzing sales forecasts.
Answer:
Salesforce automation.
Explanation:
The word automation can easily been seen to signal a great deal of software programming and in the case above, if has to deal with sales. Therefore, in the case above, this programming pattern is directly seen to deal a lot with customers, especially their relationship management and also help in forecasting, analysing performance and creation of leads in the course of sales which a lit of it can be done with a source of the internet.
Some countries use market-based systems to help control access to fisheries. One such program is the
Answer:
individual transfer rights system.
Explanation:
Some countries use market-based systems to help control access to fisheries. One such program is the individual transfer rights system.
An individual transfer rights (ITR) system can be defined as a system in which the government of a particular country gives each fishing vessel or owner a specific percentage of the total fish allowable to be caught each year.
A company's balance sheet shows: cash $40,000, accounts receivable $25,000, office equipment $59,000, and accounts payable $26,000. What is the amount of stockholders' equity
Answer:
the amount of stockholders' equity is $98,000
Explanation:
It is important to remember that the Balance Sheet uses the Accounting equation :
Accounting Equation states that :
Assets = Equity + Liabilities
This can be also stated as :
Equity = Assets - Liabilities
Where,
Assets = $40,000 + $25,000 + $59,000 = $124,000
Liabilities = $26,000
Therefore,
Equity = $124,000 - $26,000
= $98,000
Conclusion :
Using the Accounting Equation we have solved the amount of stockholders' equity as $98,000
What must be shown to prove negligence that is not needed to prove strict
liability?
A. Injury
B. Fault
C. Stream of commerce
D. Defective product
Answer:
A. Injury
Explanation:
Given that for strict liability, the defendant is only liable to accidents he or she causes, that is to prove strict liability, the plaintiff must show
cause and damages. Whereas on negligence, it is required of a plaintiff to show duty, breach, cause, and injuries.
Hence, what must be shown to prove negligence that is not needed to prove strict is "Injury" as it covers a lot of factors including both cause and damages of strict liability.
Answer:
A.P.E.X is D
Explanation:
What types of loans are available to consumers?
Explanation:
Credit Cards: That used fund daily transactions by customers.
Car Loans: That used fund the purchasing of a car by customers.
Private loans: Used mostly by borrowers for school funding.
Personal Loans: Being used personal usage by customers.
Does the fact that an Investment Adviser is registered in a state mean that the Investment Adviser is qualified?
Answer:
No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients.
Explanation:
Investment adviser are licensed professionals who are saddled with the responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.
A representative of a Federal Covered adviser is only required to register with the state in which he or she is operating.
However, for the investment adviser, they're expected or required by law to register with the Securities and Exchange Commission (SEC) since they're having no office in the state.
Hence, No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients according to the Uniform Securities Act.
The Uniform Securities Act ( USA ) is a model statute or legal framework designed to guide each state of the United States of America in drafting and balancing both state and federal regulatory securities law. It is used in the United States of America to prosecute all fraud relating to buying and selling of securities.
Your Assignment, Part I
Imagine you have decided to start a business. This is your opportunity to select a
business endeavor that interests you and engage in the marketing process. Choose
wisely because you will work on building this business not only in this project, but
also in the projects for Units 3 and 4. You should answer all questions in a separate
document that you will hand in to your teacher.
First, think about the type of business you want to create. Will this business offer
mainly goods, services, or a combination of both? Here is a list of ideas to get you
started:
• Restaurant or catering company
• Company that sells specialty goods, such as sporting goods or electronic
devices
• Service-oriented company, such as dog-walking, web design, or tutoring
1. List the type of business you will have.
20
Explanation:
I took the text to day its 20
Which of the following are examples of demonstrating professional behavior in the workplace? Check all of the boxes that apply.
being punctual
attending work regularly
dressing however you want
completing assignments on time
following company rules
having a positive attitude
sharing gossip with others
Answer:
1, 2, 4, 5, 6
Explanation:
Answer:
Trust the person above me!!!!!!
Explanation:
what is the answer to this question?
Which of the following techniques can HR managers implement that would
best help with managing gender differences?
A. Hire more baby boomers
B. Encourage work-life balance
C. Encourage stronger immigration policies
D. Increase the wage-gap even further
Encouraging work-life balance can HR managers implement that would best help with managing gender differences. Thus option B is correct.
What is technique?The technique includes the real, in-the-moment actions and behaviors that take place when educating a language using a specific methodology. In other terms, a technique is a set of lessons and class activities that serve as the foundation for both education and learning.
Sharing encouraging news items, advice on keeping excellent health and wellbeing, and good company news may all help your staff still feel like they are a part of the team, no matter where in the world.
This can be at the HR manager's plans to do so. This was to make sure that there could be various techniques. Therefore, option B is the correct option.
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Select the correct answer.
Divya works at a private elementary school. She caters to students who do not speak English as their first language. Her main responsibility is to read the original English text, and then rewrite the same in the language that the students understand. Which career role in education and training does Patricia perform?
А. Interpreter
B. translator
C. school counselor
D. coach
Answer:
answer is :B
Explanation:
A translator is someone who takes a word or a paragraph or a sentence and makes it where people can understand what it says
What information does a supply schedule provide?
Answer:
See below
Explanation:
A supply schedule shows the quantities that suppliers are willing to sell in the market at different prices. It is a table format with quantity on one column and prices on another. As per the law of supply, high prices lead suppliers to supply more at the market.
The supply schedule illustrates in a table format the relations between the price and the quantity supplied. It will show how the quantity increase as prices increases. The supply schedule is a tabular representation of the supply curve.
Failure to pay on mortgage is called _____.
ANSWER: D. default
A. closing
B. foreclosure
C. amortization
D. default
Answer:
(D) Default
Explanation:
When you fail to pay your mortgage it will be defaulted. Only then will the owner put the property in foreclosure. Typically foreclosure isn't put in effect until after about three months of missed payments.
Answer:default
Explanation: