At May 31, 2020, the accounts of Lopez Company show the following. 1.
May 1 inventories—finished goods $13,000, work in process $17,400, and raw materials $8,500. 2.
May 31 inventories—finished goods $9,700, work in process $16,500, and raw materials $7,500.
3. Debit postings to work in process were direct materials $64,100, direct labor $52,800, and manufacturing overhead applied $40,400. (Assume that overhead applied was equal to overhead incurred.)
4. Sales revenue totaled $216,400.
Required:
Prepare a condensed cost of goods manufactured schedule.
Answers: 1
Business, 21.06.2019 18:00
Emily bought 200 shares of abc co. stock for $29.00 per share on 60% margin. assume she holds the stock for one year and that her interest costs will be $80 over the holding period. ignoring commissions, what is her percentage return (loss) on invested capital if the stock price went down 10%?
Answers: 2
Business, 22.06.2019 10:10
An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?
Answers: 3
Business, 23.06.2019 02:40
Suppose that a government that is skeptical of efforts to regulate prices charged by private companies is nevertheless concerned that an electric utility company is taking advantage of consumers with unfair pricing policies. which of the following policy options might most effectively enable the government to achieve its objectives in this situation? do nothing to all. turn the company into a public enterprise. use antitrust laws to increase competition. regulate the firm's pricing behavior.
Answers: 3
At May 31, 2020, the accounts of Lopez Company show the following. 1.
May 1 inventories—finished g...
Biology, 06.12.2019 19:31
Mathematics, 06.12.2019 19:31
Biology, 06.12.2019 19:31
Mathematics, 06.12.2019 19:31
History, 06.12.2019 19:31
History, 06.12.2019 19:31
Mathematics, 06.12.2019 19:31
Mathematics, 06.12.2019 19:31