subject
Business, 09.09.2021 21:20 raiindrxp

L Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beginning of the month was $63,000 and at the end of the month was $31,100. The cost of goods manufactured for the month was $217,500. The actual manufacturing overhead cost incurred was $58,300 and the manufacturing overhead cost applied to Work in Process was $62,400. The company closes out any underapplied or overapplied manufacturing overhead to cost of goods sold. The adjusted cost of goods sold that would appear on the income statement for November is:

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:00
Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:
Answers: 2
question
Business, 22.06.2019 07:00
Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?
Answers: 2
question
Business, 22.06.2019 13:40
Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?
Answers: 2
question
Business, 22.06.2019 14:50
Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)
Answers: 3
You know the right answer?
L Inc. has provided the following data for the month of November. The balance in the Finished Goods...
Questions
question
Mathematics, 11.09.2020 22:01
question
Mathematics, 11.09.2020 22:01
question
Biology, 11.09.2020 22:01
question
Mathematics, 11.09.2020 22:01
question
Social Studies, 11.09.2020 22:01
question
English, 11.09.2020 22:01
question
English, 11.09.2020 22:01
question
English, 11.09.2020 22:01
question
Mathematics, 11.09.2020 22:01
question
Mathematics, 11.09.2020 22:01
question
Mathematics, 11.09.2020 22:01
question
Mathematics, 11.09.2020 22:01
question
Mathematics, 11.09.2020 22:01
question
English, 11.09.2020 22:01
question
Mathematics, 11.09.2020 22:01
question
English, 11.09.2020 22:01
question
Mathematics, 11.09.2020 22:01
question
Mathematics, 11.09.2020 22:01
question
Business, 11.09.2020 22:01
question
Mathematics, 11.09.2020 22:01
Questions on the website: 13722363