User Account

All Pages

Determine what is cost of goods sold

Assignment Help Accounting Basics
Reference no: EM132825513

Problem 1: Manufacturing overhead has an overallocated balance of $5,250; raw materials inventory balance is $65,900; work in process inventory is $32,000; finished goods inventory is $29,600; and cost of goods sold is $132,900. After adjusting for the overallocated manufacturing overhead, what is cost of goods sold?

1- $132,900

2- $138,150

3- $97,900

4- $127,650

Reference no: EM132825513

Questions Cloud

Allocate the revenue from the bundled products : The CDs would sell alone for $5 each, and the DVD would sell for $10. Allocate the revenue from the bundled products between CDs and DVDs
Secure network design and cloud outsourcing : Secure Network Design and Cloud OutsourcingThe increase in the use of cloud services means that network security design must be taken into account.
What is the economic ordering quantity for the second year : Fisk anticipates sales of 48,400 units per year, and ordering cost of $12 per order, What is the economic ordering quantity for the second year
Responsibilities of human resource management profession : During the past 50+ years, the responsibilities of the human resource management profession have changed
Determine what is cost of goods sold : After adjusting for the overallocated manufacturing overhead, what is cost of goods sold? Manufacturing overhead has an overallocated balance of $5,250
Determine the Financial Ratios : The balance sheet and income statement is shown below are for Koski Inc. Determine the Financial Ratios from the Income Statement and Balance Sheet
Which functions performed by management takes place : Which functions performed by management takes place when results are evaluated against what was planned? Early shipment could be a violation of which ethical?
What are the roles of employees in an organizations : 1. What are some of the factors that may influence a company's decision to adopt a type of organizational structure?
Big data analytics : What are the common business problems addressed by Big Data analytics?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd