How much manufacturing cost was incurred

Assignment Help Accounting Basics
Reference no: EM132048238

Question - Carr Company incurred the following costs for the month of August:

Depreciation on Factory Equipment: $1,000

Depreciation on Sales Office Equipment $500

Advertising: $7,000

Wages of Production Workers: $28,000

Raw Materials Used: $17,000

Sales Salaries and Commissions: $10,000

Factory Rent: $2,000

Factory Insurance: $500

Materials Handling: $1,500

Administrative Salaries: $2,000

How much manufacturing cost was incurred during the month of August?

Reference no: EM132048238

Questions Cloud

Launch pebbles vertically into the air : A sling shot obeying hookes law is used to launch pebbles vertically into the air. You observe that if you pull a pebble back 11.1cm against the elastic band
What is the cost of preferred stock for the firm : What is the cost of debt for Saunders? What is the cost of preferred stock for the firm? What is the company’s WACC?
What is the required return expected to be for the stock : If the expected return of the market is 12 percent and the risk-free rate is 3%, what is the required return expected to be for the stock?
What is nike operating cash flow : Prepare a 2016 income statement for Nike Inc. based on the following information: Nike had sales of $620,000. Cost of goods sold, administrative.
How much manufacturing cost was incurred : Carr Company incurred the following costs for the month of August: How much manufacturing cost was incurred during the month of August
What proportion of the occupation is women or men : Summarize the job responsibilities and career outlook for your chosen occupation. Is this in line with what you expected to find? Why, why not?
Calculate the distance along the ground : Calculate the distance along the ground, measured from a point directly beneath the point of release, to where the package hits the earth.
Potential difference across the terminals of the wire : Examine the dependence of resistivity and resistance of a wire on temperature and how it affects the potential difference across the terminals of the wire.
What is the full cost per unit of making the product : C. Manufacturing has the following data for the production and sale of 2,000 units. What is the full cost per unit of making and selling the product

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.

  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!

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