![subject](/tpl/images/cats/ekonomika.png)
Business, 27.02.2020 17:57 komari0217
True Fit Shoe Company makes loafers. During the most recent year. True Fit incurred total manufacturing costs of $24.500.000. Of this amount. $3,000,000 was direct materials used and $16, 800,000 was direct labor. Beginning balances for the year were Raw Materials Inventory. $900,000. Work-in-Process Inventory. $600,000; and Finished Goods Inventory. $1, 300,000. At the end of the year, balances were Raw Materials inventory. $800,000; Work-in-Process Inventory. $1, 700,000; and Finished Goods inventory. $390,000.
Requirements
Analyze the inventory accounts to determine:
1. Cost of raw materials purchased during the year.
2. Cost of goods manufactured for the year.
3. Cost of goods sold for the year.
4. Cost of raw materials purchased during the year.
![ansver](/tpl/images/cats/User.png)
Answers: 1
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 00:00
Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 10:30
Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?
Answers: 2
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 20:10
Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account
Answers: 3
You know the right answer?
True Fit Shoe Company makes loafers. During the most recent year. True Fit incurred total manufactur...
Questions
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 16.10.2020 08:01
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/mkx.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 16.10.2020 08:01
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mkx.png)
Arts, 16.10.2020 08:01
![question](/tpl/images/cats/ekonomika.png)
Business, 16.10.2020 08:01
![question](/tpl/images/cats/mat.png)
Mathematics, 16.10.2020 08:01
![question](/tpl/images/cats/en.png)
English, 16.10.2020 08:01
![question](/tpl/images/cats/himiya.png)
Chemistry, 16.10.2020 08:01
![question](/tpl/images/cats/istoriya.png)
History, 16.10.2020 08:01
![question](/tpl/images/cats/mat.png)
Mathematics, 16.10.2020 08:01
![question](/tpl/images/cats/mat.png)
Mathematics, 16.10.2020 08:01
![question](/tpl/images/cats/mat.png)
Mathematics, 16.10.2020 08:01