Business, 02.06.2021 20:50 angelyce4142

Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials $31,000 $ 4,980 $59,500 $88,600 $ 4,070 Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Ending $ 18,100 $ 68,200 $ 43,400 Beginning $10,000 $ 54,400 $ 33,800 Raw materials Work in process Finished goods
Required:
1. Prepare a schedule of cost of goods manufactured for the month
2. Prepare Goods Sold. schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods sold

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 07:10

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?

Answers: 1

Answer

Business, 22.06.2019 10:50

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.

Answers: 3

Answer

Business, 22.06.2019 22:40

Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year.if the tax rate is 35 percent, what is the annual ocf for the project?

Answers: 1

Answer

Business, 23.06.2019 04:40

2. a computer equipment was acquired at the beginning of the year at a cost of $56,000 with an estimated residual value of $5,000, and an estimated useful life of five years. determine the second year’s depreciation expense using the straight-line method.

Answers: 3

Answer

You know the right answer?

Primare Corporation has provided the following data concerning last month's manufacturing operations...

Questions