Hannah Banana Bakers makes chocolate chip cookies for cafe restaurants. In June, Hannah Banana purchased $15,500 of materials. On June 1, the materials inventory was $3,700. On June 30, $1,600 of materials remained in materials inventory.
Required:
1. What is the cost of the direct materials used in production during June?
2. Briefly explain why there is a difference between the cost of direct materials that were purchased during the month and the cost of direct materials that were used in production during the month?
Answers: 3
Business, 22.06.2019 01:00
Bond x is noncallable and has 20 years to maturity, a 7% annual coupon, and a $1,000 par value. your required return on bond x is 10%; if you buy it, you plan to hold it for 5 years. you (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 9.5%. how much should you be willing to pay for bond x today? (hint: you will need to know how much the bond will be worth at the end of 5 years.) do not round intermediate calculations. round your answer to the nearest cent.
Answers: 3
Business, 23.06.2019 10:10
Which of the following is not correct about renter's insurance? multiple choice renter's insurance is relatively inexpensive. renter's insurance covers the building and other structures on the site. typical coverage pays only the actual cash value of one's losses. the comprehensive form protects personal property against perils not specifically excluded in the policy. the broad form covers personal property against perils specified in the policy.
Answers: 3
Hannah Banana Bakers makes chocolate chip cookies for cafe restaurants. In June, Hannah Banana purch...
Social Studies, 13.10.2020 05:01
History, 13.10.2020 05:01
History, 13.10.2020 05:01
Mathematics, 13.10.2020 05:01
Mathematics, 13.10.2020 05:01
Mathematics, 13.10.2020 05:01
Mathematics, 13.10.2020 05:01
Mathematics, 13.10.2020 05:01
Mathematics, 13.10.2020 05:01
Mathematics, 13.10.2020 05:01
Mathematics, 13.10.2020 05:01
SAT, 13.10.2020 05:01