What company cost of goods manufactured for february was

Assignment Help Accounting Basics
Reference no: EM132588486

THE Company provided the following information for February:

                                February 1                February 28

Work in process           $43,000                      $56,000
Finished goods            $84,000                   $71,000

Sales revenue ........... $509,000
Direct labor ............ $391,000
Gross profit ............ $ 63,000

Question 1: THE Company's cost of goods manufactured for February was equal to:

Group of answer choices

Option 1: $496,000

Option 2: $467,000

Option 3: $459,000

Option 4: $446,000

Option 5: $441,000

Option 6: $433,000

Option 7: none of the above choices are correct

Reference no: EM132588486

Questions Cloud

Describe the economic analysis in brief : Please watch the two videos and then, using economic analysis, please discuss where each video is correct and incorrect. Introduction to Price Discrimination.
What will be the recurring cost : What will be the recurring cost for the 10th production unit? Assume that the production line is continuous and that the learning curve does not change
How a bond rating might affect a company financial choices : A company's bond ratings might in concept be similar to your own personal credit ratings. Use an example of how someone's personal credit rating might affect.
Determine what capital compliance documentation : Determine what type of investment you will need for your business. Determine what capital compliance documentation you will need.
What company cost of goods manufactured for february was : What Company's cost of goods manufactured for February was equal to? February 1, THE Company provided the information for February
Name a website you could use as a reference : Name a website you could use as a reference to check the awards and conditions of your workplace.
Question about critical reading as critical thinking class : Need help with my question about my critical reading as critical thinking class.
Identifying a phenomenon : Identify and analyze a phenomenon which you might use related to your business degree that can be studied using qualitative research techniques.
Fiction- direct action : Take a character from one place to another, and show who they are, where they are going, how they feel, etc. without directly stating

Reviews

Write a Review

Accounting Basics Questions & Answers

  Identify the ethical issues involved in the situation

Identify the ethical issues involved in the situation,Who are the stakeholders in this situation?,"That are the possible alternative actions for Danny?

  Firm a had a 15 marginal tax rate and firm z has a 28

1. firm a had a 15 marginal tax rate and firm z has a 28 marginal tax rate. firm a owns a controlling interest in firm

  Calculate the standard price per kilogram

Harnish Corporation is developing standards for its products. The standard price per kilogram of this input should be

  Which method of reporting cash flows from operations does

company bank of america 1. which method of reporting cash flows from operations does the company use? 2. compare the

  What factors influence the dividend policy of a company

What factors influence the dividend policy of a company?

  Create an argument supporting that using valuation method

Create an argument supporting that using the earnings-based valuation method yields the most accurate results. Provide support for your argument

  Prepare t-accounts for cashbalance of 20000 short-term

during the fourth quarter of 2006 cablevision inc. generated excess cash which the company invested in securities as

  Discuss the three sections of the indirect method

Discuss the three sections of the indirect method of presentation for the Statement of Cash Flows. Also discuss why the statement of cash flow is just as important as the income statement.

  Sommer production budget

Each unit requires 4 poundsof material that costs $6 each. Sommer's production budget should be:

  Compute remeasurement gain or loss

Equipment was acquired on April 1, 20x3. Use the trial balance approach to compute remeasurement gain or loss for 20x3

  Identify how these risks might be mitigated

Risk is about creating value while addressing risks in various forms. In a 3-5 page paper address the following: Identify how these risks might be mitigated

  What is true about the journal entry to record the issuance

South Beach Apparel issued 14,000 shares of $3 par value for $15 per share. What is true about the journal entry to record the issuance

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