Cost of goods manufactured

Assignment Help Accounting Basics
Reference no: EM13122927

Kushman Combines, Inc. has $20,000 of ending finished goods inventory as of December 31, 2010. If beginning finished goods inventory was $10,000 and cost of goods sold was $40,000, how much would Kushman report for cost of goods manufactured?

a. $45,000

b. $10,000

c. $50,000

d. $30,000

Reference no: EM13122927

Questions Cloud

Financial statement cycles : When the auditor has the same level of willingness to risk that material misstatements will exist after the audit is finished for all financial statement cycles:
Functions and equations - printing press : A printer has a contract to print 100,000 invitations for a political candidate. He can run the invitations by using any number of metal printing plates from 1 to 20 on his press.
Find probability that inter-arrival time is in range : What is the probability over the course of a twelve hour shift that there will be at least one hour in which follow-up is not timely?
To what temperature must the gas be heated : A sample of nitrogen gas is contained in a piston with a freely moving cylinder. At0?C, the volume of the gas is 248 mL. To what temperature must the gas be heated to occupy a volume of 479mL.
Cost of goods manufactured : Kushman Combines, Inc. has $20,000 of ending finished goods inventory as of December 31, 2010. If beginning finished goods inventory was $10,000 and cost of goods sold was $40,000, how much would Kushman report for cost of goods manufactured?
How tickets in the box show positive numbers : Five hundred draws are made at random with replacement from a box of numbered tickets; 276 are positive. someone tells you that 50% of the tickets in the box show positive numbers.
Quadratic function - firing a bullet : Suppose a bullet is fired on a distant planet so that its height (in feet) after t seconds is given by h=-4t2 + 16t +5. The 2 in 4t2 is a small 2, but I don't know how to do that with my keyboard.
How many liters of water can be made : how many Liters of water can be made from 34 grams of oxygen gas and 6 grams of hydrogen gas at STP? what is the limiting reactant for this reaction?
Computing linear equality : Provide a plot of temperature versus distance east. Based on its appearance, is it a good linear model for predicting temperature as a function of distance?

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