Accounting records reflecting inventories

Reference no: EM13122813

Dolan Manufacturing Company's accounting records reflect the following inventories:

raw materials inventory( on dec.31,2010 is $ 310,000 and on dec.31,2009 is $260,000)

work in process inventory( on dec.31,2010 is 300,000 and on dec.31,2009 is 160,000)

finished goods inventory( on dec.31,2010 is 190,000 and on dec.31,2009 is 150,000)

During 2010, $400,000 of raw materials were purchased, direct labor costs amounted to $500,000, and manufacturing overhead incurred was $480,000.

The total raw materials available for use during 2010 for Dolan Manufacturing Company is:

a. $710,000.
b. $260,000.
c. $350,000.
d. $660,000

Reference no: EM13122813

Questions Cloud

Determine if median age of car and taxi are different : Use the Wilcoxin Rank Sum test for independent samples to determine if the median age of a car and a taxi are different.

Determining graphing linear inequalities : When graphing a linear inequality, how do you select the area (which side of the line) that is being represented (and has to be shaded) by the inequality?

Find if there is evidence to support claim : Determine if there is convincing evidence to support the claim that fewer than half of adult Americans can name at least one justice currently serving on the Supreme Court.

Information about systems of equations : What systems of equations can be solved by graphing or using substitution or elimination? Which method do you like best and why would it be different method. How would you answer this question?

Accounting records reflecting inventories : Dolan Manufacturing Company's accounting records reflect the following inventories:

Enhance your career : which of the disciplines that you have studied impacted you the most? How will this discipline enhance your career and your career goals? Your response must be at least 250 words.

General steps for graphing linear function : Give the general steps for graphing a linear function. Give an example of a linear function and graph it.

Find sample proportion and large-sample margin of error : Find the sample proportion and the large-sample margin of error for 95% confidence. Explain in simple terms the meaning of the 95%.

Straight-line-double-declining balance : Cutter Enterprises purchased equipment for $72,000 on January 1, 2006. The equipment is expected to have a five-year life, with a residual value of $6,000 at the end of five years.

User Account

All Pages