User Account

All Pages

What was the amount of direct materials purchased

Assignment Help Accounting Basics
Reference no: EM132539826

Question - If the December 1 balance in the Direct Materials Inventory account was $31,000, the December 31 balance was $38,500, and $185,000 of direct materials were issued to production during December, what was the amount of direct materials purchased during the month?

Reference no: EM132539826

Questions Cloud

Define what is meant by outsourcing : Define what is meant by outsourcing. Summarize the outsourcing risks concerning control, long-term costs, and exit strategy.
Identify the components of information system : Identify the components of an information system (IS) using the five-component framework, and provide a brief summary of each.
Compute the Brownsvilles budgeted cost of inventory : Inventory was $93,000 on April 30; an inventory increase of $19,000 is planned for May 31. Compute the Brownsvilles budgeted cost of inventory
Explain methods of accounting treatment for uncollectible : Explain the methods of accounting treatment for uncollectible accounts and the related accounting standards specially Egyptian standard No. 24
What was the amount of direct materials purchased : If the December 1 balance in the Direct Materials Inventory account was $31,000, what was the amount of direct materials purchased
What is the present value of the set of cash flow : What is the present value of the set of cash flow of at a 10% discount rate? What is the future value of the set above of cash flow 4 years?
What is securitization-what is the historical background : What is securitization? What is the historical background? explain the concepts of special purpose vehicle, structured investment vehicle,
Find the highest level of fixed costs could afford : Assuming that the price per carton is $16.80, find the highest level of fixed costs you could afford each year and still break even.
E-commerce development : Some companies start with a traditional business model and modify their approach to build a strong e-commerce presence.

Reviews

Write a Review

Accounting Basics Questions & Answers

  A st falls subcontractor has offered to produce the parts

a st. falls subcontractor has offered to produce the parts for job no. 110 for a price of 8 per unit. assume the st.

  Flux of the magnetic field b through a metalic ring is

flux of the magnetic field b through a metalic ring is changing with time. it creates 12 volt electromotive force in

  Which depreciation method does amazoncom use for reporting

which depreciation method does amazon.com use for reporting in the financial statements? what type of depreciation

  Find a recent article that describes the use of rfid

Find a recent article that describes the use of RFID in manufacturing. Briefly describe the example(s) discussed in the article.

  During the past several years the fasb has attempted to

during the past several years the fasb has attempted to strengthen the theoretical foundation for the development of

  Romtech company sold 43000 units of its product at a price

romtech company sold 43000 units of its product at a price of 300 per unit. total variable cost per unit is 175

  Case studies and applied tax law in calculation

1. How to tackle case studies and applied tax law in calculation of income tax?2. How can we know if the taxpayer win any case or Inland Revenue win the case in any case studies?

  What must the selling price be per unit

Bella Boutique Ltd has fixed costs of $1,000,000 and variable costs are 50% of the selling price. what must the selling price be per unit

  Calculate the annual depreciation charge

ACC204 - Advanced Financial Accounting - Calculate the annual depreciation charge for each of the six years of the truck

  Calculation and treatment of goodwill on consolidation

Compare, as between US GAAP and IFRS, the consolidation of subsidiaries and the calculation and treatment of goodwill on consolidation.

  Calculate the interest expense

The original maturity was ten years. Using the effective interest rate method of amortization, calculate the interest expense for 2015

  Which company has the strongest net income

You have conducted a significant amount of research about how to analyze the financial health of a company. Now you are going to put all of your research.

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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