subject
Business, 12.12.2019 01:31 heavenwagner

Mustafa manufacturing company began operations on january 1. during the year, it started and completed 3,000 units of product. the financial statements are prepared in accordance with gaap. the company incurred the following costs: raw materials purchased and used—$6,200. wages of production workers—$7,400. salaries of administrative and sales personnel—$3,000. depreciation on manufacturing equipment—$4,400. depreciation on administrative equipment—$2,200.

mustafa sold 2,400 units of product. required determine the total product cost for the year. determine the total cost of the ending inventory. determine the total of cost of goods sold.

a) total product cost?

b) total cost of ending inventory?

c) total cost of goods sold?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:10
Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. − exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) − na = (360 ) (360 ) oa b. na = (360 ) + 360 360 − na = 360 na c. (360 ) = na + (360 ) (360 ) − na = (360 ) na d. na = (360 ) + 360 360 − na = 360 na
Answers: 1
question
Business, 22.06.2019 21:10
Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.
Answers: 1
question
Business, 23.06.2019 00:00
The undress company produces a dress that women use to quickly and easily change in public. the company is just over a year old and has been successful through a kickstarter campaign. the undress company has identified a customer segment, but if it wants to reach a larger customer segment market outside of the kickstarter family, what question must it answer?
Answers: 1
question
Business, 23.06.2019 04:00
A76-year old female with degenerative joint disease made an appointment with an orthopedic surgeon. the patient stated she has had severe pain in her right knee for six months. she has tried physical therapy and steroid injections but has not had any relief. the surgeon has agreed to schedule a right total knee arthroplasty (knee replacement).
Answers: 1
You know the right answer?
Mustafa manufacturing company began operations on january 1. during the year, it started and complet...
Questions
question
Mathematics, 12.06.2020 01:57
question
Computers and Technology, 12.06.2020 01:57
question
Mathematics, 12.06.2020 01:57
question
History, 12.06.2020 01:57
Questions on the website: 13722363