subject
Business, 06.05.2020 07:39 brutcherk

Nodus Co. acquired 100% of Aiello Inc. on January 2, 2016. During 2016, Nodus sold goods to Aiello for $300,000 that cost Nodus $220,000. Aiello still owned 30% of the goods at the end of the year. Cost of goods sold was $985,000 for Nodus and $650,000 for Aeillo. What was consolidated cost of goods sold

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:30
Actual usage for the year by the marketing department was 70,000 copies and by the operations department was 330,000 copies. if a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the operations department?
Answers: 2
question
Business, 22.06.2019 00:30
Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years
Answers: 1
question
Business, 22.06.2019 11:40
Zachary company produces commercial gardening equipment. since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. the costs and cost drivers associated with the four overhead activity cost pools follow: activities unit level batch level product level facility level cost $ 64,800 $ 27,730 $ 15,000 $ 154,000 cost driver 2,400 labor hrs. 47 setups percentage of use 11,000 units production of 780 sets of cutting shears, one of the company’s 20 products, took 240 labor hours and 7 setups and consumed 15 percent of the product-sustaining activities. required: (a) had the company used labor hours as a company wide allocation base, how much overhead would it have allocated to the cutting shears? (b) how much overhead is allocated to the cutting shears using activity-based costing? (c) compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 780 units are produced. if direct product costs are $150 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? (d) assuming that activity-based costing provides a more accurate estimate of cost, indicate whether the cutting shears would be over- or underpriced if direct labor hours are used as an allocation base. explain how over-or undercosting can affect vaulker's profitability. (e) comment on the validity of using the allocated facility-level cost in the pricing decision. should other costs be considered in a cost- plus pricing decision? if so, which ones? what costs would you include if you were trying to decide whether to accept a special order?
Answers: 1
question
Business, 22.06.2019 17:30
You should do all of the following before a job interview except
Answers: 2
You know the right answer?
Nodus Co. acquired 100% of Aiello Inc. on January 2, 2016. During 2016, Nodus sold goods to Aiello f...
Questions
question
Mathematics, 17.03.2020 20:38
question
Mathematics, 17.03.2020 20:38