Given: Cost of goods manufactured of $410,000; beginning finished goods inventory of $110,000 and ending finished goods inventory of $125,000, calculate unadjusted cost of goods sold. Multiple choice question. $395,000 $535,000 $520,000 $425,000

Answers

Answer 1

The unadjusted cost of goods sold is $395,000

What is cost of goods sold?

Cost of Goods Sold (COGS) is what measure the direct cost incurred in the production of any goods or services.

The unadjusted cost of goods is computed as:

= Cost of goods manufactured - ( Ending finished goods -Beginning finished goods inventory )

= $410,000 - ( $125,000 - $110,000)

= $410,000 - $15,000

= $395,000

Hence, the unadjusted cost of goods sold is $395,000

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Related Questions

To effectively run her company, Machi applies the ________, a management style the views her firm as an interdependent collection of departments, and as a single institution that interacts with suppliers, distributors, competitors, and customers.Multiple Choicecontingency viewpointsystems viewpointquantitative management approachhuman relations movementbehavioral science approach

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To effectively run her company, Machi applies the Systems viewpoint a management style the views her firm as an interdependent collection of departments.

What is Systems viewpoint management style?

Systems viewpoint serves as style of management that help the workers to view the organization as a system that is interconnected which gives them the view that they should work with the management to achieve the goal of the organization.

Therefore ,Systems viewpoint serves as style of management that help the workers to view the organization as a system that is interconnected .

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Learning Task No. 3 Direction: Write the advantages ang disadvantages of the following packaging materials. Write your answer on a separate sheet of paper. Types of packaging Materials Advantage/s Disadvantage/s 1. Leaves 2. Vegetable Fibers 3. Wooden Crate 4. Paper 5. Earthenware 6. Glass 7. Plastic 8. Metal

Answers

To identify the advantages and disadvantages of packaging materials it is necessary to analyze the purpose, durability and protection of the product.

What is the best packaging for a product?

It will be one that protects the characteristics of the product, is durable and sustainable. Leaves, for example, are safe biodegradable materials for packaging some foods, but they still need more technological development for scale production.

Another example is that vegetable fibers are also sustainable materials but are also being used experimentally in the sustainability awareness phase.

Therefore, the ideal packaging will be one that protects the necessary characteristics of the product and is ecologically sustainable for the protection of the environment.

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Positive economics ______ value judgments, tries to establish ______ statements about economic behavior, and deals with ______ economic events. Multiple choice question. avoids; scientific; actual avoids; normative; actual encourages; scientific; potential encourages; scientific; actual encourages; normative; potential

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Positive economics avoids value judgments, tries to establish scientific statements about economic behavior, and deals with actual economic events.

What is positive economics?

Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.

For example, when the price of a good increases, it is expected that if the good is a normal good, the quantity demanded would decline. This is an example of positive economics.

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A mutual fund is quoted at $16.56 NAV and $18.00 POP. The sales charge is A) 8.50% B) 7.75% C) 7.50% D) 8%

Answers

Based on the Mutual fund's NAV and the POP, the sales charge can be found to be D. 8%.

How is a Mutual fund's sales charge calculated?

You can find the sales charge through the formula:

= (POP - NAV) / POP x 100%

Solving gives:

= (18 - 16.56) / 18 x 100%

= 1.44 / 18 x 100%

= 8%

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A Chicago-based company decides to outsource all product designs to Singapore because it has been found to have the most efficient design companies. In this situation, the Blank______ implication for international business is being considered. Multiple choice question. first-mover location policy trade

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In this situation when the company outsources its products the location implication for international business is being considered. Thus the correct answer is B.

What is outsourcing?

Outsourcing is a technique in which a corporation contracts a third party to perform activities, manage operations, or offer services. These outsourcing companies will provide efficient work to the clients.

It arranges its own employees or computer systems to complete the tasks or provide the services, either on-site facilities or at off-site facilities locations.

These outsourcing services will help the business to lower the cost by outsourcing activities from countries where there is the availability of cheap manpower or skilled employees.

These will help to improve the productivity of a business by access to skilled resources and advanced technology. These will improve the efficiency and core competencies of the business.

Therefore, option B location is the correct answer.

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Which of the international operations strategies involves a focus on cost reductions and high local responsiveness

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The type of strategy where the international operations focus on higher reductions in cost and higher local alertness is called transnational strategy.

What is meant by the strategy?

A strategy is a policy devised to achieve long-term objectives.

Transnational strategy is one of the strategies to keep in check the monetary transactions entered between various entities of different nations. A business is said to be transnational when it has its entire operations in one country but also has varied operations in other counties.

Therefore, the transnational strategy involves a greater reduction in costs and greater alertness at local levels.

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Using the national saving and investment identity, if private savings equal $3200, private investment equals $7800, and the government budget deficit equals $3300, what does the inflow of foreign savings equal

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The  inflow of foreign savings equal $7700.

Foreign savings

Using this formula

Foreign savings=Private saving  +Private investment- Government budget deficit

Let plug in the formula

Foreign savings=$3200+$7800-$3300

Foreign savings=$7700

Therefore foreign savings equal $7700.

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A manufacturer purchases $163,000 of raw materials on credit. The journal entry to record the purchase of raw materials consists of a: Multiple Choice Debit to Accounts Payable for $163,000; credit to Raw Materials Inventory for $163,000. Debit to Work in Process Inventory for $163,000; credit to Raw Materials Inventory for $163,000. Debit to Work in Process Inventory for $163,000; credit to Accounts Payable for $163,000. Debit to Raw Materials Inventory for $163,000; credit to Accounts Payable for $163,000. Debit to Raw Materials Inventory for $163,000; credit to Cash for $163,000.

Answers

The journal entry to enter the information will be C. Debit to Raw Materials Inventory for $163,000; credit to Accounts Payable for $163,000.

What is a journal entry?

It should be noted that a journal entry simply illustrates the debited and credit side of the financial transactions.

Here, the journal entry to enter the information will be to debit to Raw Materials Inventory for $163,000; credit to Accounts Payable for $163,000.

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What happens when a driver selects the driving range option from 2023 leaf’s available ev info menu?.

Answers

When a driver selects the driving range option from 2023 leaf’s available info menu a map displays the driving range. This is further explained below.

What is driving?

Generally, driving is simply defined as the factors that are initiated to moving a car or vehicle.

In conclusion, An interactive driving range map appears in the 2023 leaf's accessible information menu when a driver picks the option.

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Diners are served in a process with two resources. The first resource has a capacity of 1.1 diners per hour. The capacity of the second resource is 1.5 diners per hour. Demand for this process is 0.9 diners per hour.Instruction: Round your answer to three decimal places. What is the cycle time of this process (in minutes)

Answers

The cycle time of this process for the firm is 2.89.

What is a Cycle Time?

This refers to the average time between the start of production of one unit and the start of production of the next unit of production

Cycle Time = Net time available to work / Customer demand

Cycle Time = 1.1 + 1.5 / 0.9

Cycle Time = 2.88888888889

Cycle Time = 2.89.

Therefore, the cycle time of this process for the firm is 2.89.

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Customer relationship management (CRM) helps firms gain and maintain competitive advantage by: a. encouraging them to produce standardized goods. b. merging all demographic-based and behavior-based segments of markets. c. studying which goods and services are purchased together. d. prohibiting them from bundling goods and services together.

Answers

Answer:

A. Encouraging them to produce standardized goods

Hanson Aquatics manufactures navigational equipment. As a new Hanson employee, Lyndon Kiely was told that even if he decides not to join the union that represents the company's employees, he must pay the dues. Hanson has a(n) _____ shop.

Answers

If he must pay the dues. Hanson has a(n) agency shop.

What is agency shop?

An agency shop  can be defined as a shop in which the employer may decide to recruit a person that is member of the union or a person that is not part of the union.

In this agency shop it is not mandatory for an employee which not member of the union to join the union but the employee must always pay the dues.


Therefore  Hanson has a(n) agency shop.

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Advertising, fashion trends, and new product introductions serve to.

Answers

Answer:

Create consumer demand.

Explanation:

Advertising helps promote your product so people will want to buy it.

If the demand for home gaming system games has dramatically increased in the last month, what scenario is most likely to have happened

Answers

The scenario is most likely to have happened the holidays and new years are around the corner.

What is demand ?

Demand refers to the desire and willingness to purchase a commodity. It is generation of the need and want for the product bide by the purchasing power. If there is no purchasing power then it will not be termed as demand.

In the above scenario if the demand of the home gaming system has been increased in the last month the most possible reason could be the increased in number of the holidays and may be new years must be there.

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write the following In Words 689·104​

Answers

Six hundred eighty nine (689)

One hundred four (104)

A group of customers that a business decides to focus its marketing efforts and, ultimately, its products on is a _____. target market niche industrial market consumer market

Answers

Answer:

Target market!!

Explanation:

Hope this helps:)

Entry of new firms into monopolistically competitive industries is relatively easy because ______. Multiple choice question. existing firms experience economies of scale product development is unnecessary competitors are large firms advertising is not required capital requirements are low

Answers

Entry of new firms into monopolistically competitive industries is relatively easy because capital requirements are low. Thus the correct answer is D.

What is a monopoly?

A monopoly refers to a firm that has a single authority in the market and controls the market completely. In a monopoly, there is a single rule and an absence of competition.

Monopolistic competition describes a competitive market in which a small number of sellers give clients near alternatives. It is a market system in which a large number of enterprises compete in the same industry.

Each firm runs on its own, producing comparable but production of innovative products, with no concern for what other companies are doing. These types of firms are very easy to enter and exit the market.

Therefore, option D with low capital requirements is the correct answer.

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According to goal-setting theory, in order for goals to enhance motivation and performance they must be Multiple Choice recognized by monetary rewards. accompanied by feedback. tied directly to the principles of scientific management. put into the labor contract.

Answers

According to goal-setting theory, in order for goals to enhance motivation and performance they must be: B. accompanied by feedback.

What is motivation ?

Motivation is something that  help  to increase a worker or an employee  performance and  productivity.

For a goals which a company what to accomplish to enhance motivation  such goals must depend on the feedback received.

Therefore the correct option  is B.

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Question 8 of 10
What is the best strategy when considering a financial aid package?
A. Consider grants as a last resort.
B. Attend the most expensive school, regardless of aid.
C. Settle on the school that is least costly, even if you don't really
want to attend.
D. Consider private loans as a last resort.

Answers

The best strategy when considering a financial aid package is to Consider grants as a last resort.

What is a financial aid package?

This is the aid that is provided to the people of the United States as an aid that would help them in their education.

The financial aid helps to take care of the tuition of the students who have issues with finance.

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Answer:

D.

Explanation:

just took it

E-commerce ________ is the ability of an organization to create a strong presence among consumers in many places, with minimal time constraints, to sell them products and services.

Answers

E-commerce ubiquity is the ability of an organization to create a strong presence among consumers.

What is E-commerce?

E-commerce can be regarded as the process involving crating a good presence so as to sell products to the consumer.

Therefore, it involves ability to sell in different locations.

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*PLEASE HELP ME!*

Sara could practice her guitar or complete her calculus homework. She does not really want to practice her guitar but does so anyway, what is her trade-off?

practicing her guitar
completing her calculus homework
the time it took her to practice guitar.
practicing her guitar and doing her calculus homework

Answers

Answer:

C

Explanation:

Suppose grapefruit is produced in a constant cost industry and sold in a perfectly competitive market. If the price for the grapefruit is lower than the average cost of producing grapefruit, what can we say about the long run equilibrium

Answers

What can we say about the long run equilibrium is: Fewer grapefruit will be produced.

What is perfectly competitive market?

Perfectly competitive market can be defined as the market  in which producer or manufacturer product similar or identical product.

Suppose the price of grape fruit is lesser  compare to the average cost of production it , this tend to mean that in the long run  only fewer or little amount of grapefruit will be produced.

Therefore fewer grapefruit will be produced.

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Texas annexation was not at the forefront of american politics until president john tyler used it as a rallying cry for his bid for reelection in 1844. identify the statements that correctly describe the reactions to the annexation of texas.

Answers

Answer:

A letter by Secretary of State John C. Calhoun to President Tyler linked the idea of absorbing Texas directly to the goal of strengthening slavery in the United States.

Prospective presidential candidates, Henry Clay and Martin Van Buren, met and agreed to reject the immediate annexation of Texas on the grounds it might lead to war with Mexico.

Explanation:

In a letter to President Tyler, Secretary of State John C. Calhoun made a direct connection between the desire to strengthen slavery in the US and the concept of absorbing Texas.

What was annexation of Texas ?

Henry Clay and Martin Van Buren, two potential candidates for the presidency, got together and decided against annexing Texas right once because doing so might spark a conflict with Mexico.

In an effort to build a foundation of support from the general public for another four years, U.S. President John Tyler broke away from the other major parties in 1843 and opted to seek the annexation of Texas on his own.

The Tyler-Texas treaty was rejected by the Senate by a strong majority. Tyler lacked the Senate votes necessary to ratify the deal. In June, it lost by a wide margin.

Tyler retried to acquire their ok before leaving the office. This time, he received support from both chambers of Congress for the joint resolution.

Texas was admitted into America on December 29, 1845, thanks to Tyler's success in getting the joint resolution passed by the senate on March 1, 1845.

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Question 5 of 20
Which is an advantage of paying off a liability?
OA. The liability remains a liability.
B. The liability starts to lose valu
OC. The liability starts to gain value.
OD. The liability can become an asset.

Answers

Answer:

OD is the answer because a liability can become an asset once paid

An advantage of reimbursing the liability is that it becomes an asset when it is being paid.

Option D is correct.

What is an asset?

An asset is the monetary resource of a company which is acquired so that the company would get the maximum benefits in the near future. It is the secondary part of balance sheet which is further classified into two parts namely, current and non-current assets.

Liability is referring to the obligation of a company regarding which the repayment would be done after a certain period of time. In order to repay the liabilities like short-term and long-term borrowings, the assets which can be easily converted into cash are being considered. For instance, the amount due from debtors is a current liability and when it is paid, then it is considered to be a current asset.

Therefore, the advantage written in option D is correct.

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Have a clearance of how many inches in the left side of a vehicle

Answers

5-9 inches is optimal for most cars and trucks

A customer has a margin account that shows a market value of $190,000 and a debit balance of $90,000. in addition, the account has special memorandum account of $5,000. the long market value at maintenance is

Answers

A maintenance margin is a minimum equity an investor ought to preserve withinside the margin account after the acquisition has been made. Hence,  the long market value at maintenance in this case is $120,000.

What do you mean by long market value?

Long market value at maintenance refers to the point where an account must fall (in market value) to reach minimum maintenance (25% of market value). ;

The maintenance margin is far presently set at 25% of the full value of the securities in a margin account as in step with Financial Industry Regulatory Authority (FINRA) requirements.

To calculate the long market value at maintenance,  divide the debit balance by .75 ($90,000 / .75 = $120,000)

Hence,  the long market value at maintenance is $120,000.

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An airport wants to make its luggage-handling process faster and simpler for travelers. A data analyst examines and evaluates how the process works currently in order to achieve the goal of a more efficient process. What methodology do they use

Answers

To make the baggage handling process faster and simpler for travelers, a data analyst uses a gap analysis.

What is a  gap analysis?

Corresponds to a performance evaluation technique, where a professional is responsible for evaluating the way processes are being carried out in an organization, to determine their efficiency, developing an analysis of needs to increase quality.

Therefore, a gap analysis aims at the continuous improvement of processes through environmental assessment, in order to achieve total quality.

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On October 1, Year 1, Jason Company paid $3,600 to lease office space for one year beginning immediately. What is the cash outflow for rent that would be reported on the Year 1 statement of cash flows

Answers

The cash outflow for rent that would be reported on the Year 1 statement of cash flows is $2,700

What is cashflow?

This is the amount of cash , which a company receives or gives out by the way of payments to its creditors.

Though the amount paid was paid on October 1, Year 1 it will only be expensed from October to December for year 1.

The duration of the payment is 12 months, hence  

Monthly amortization

= $3,600 / 12

= $300

Rent expense for year 1

= $300 × 3

= $900

The ending balance in the prepaid rent account will be  

= $3,600 - $900

= $2,700

This will be the cash outflow for rent that would be reported on the Year 1 statement of cash flows.

Hence, the cash outflow for rent that would be reported on the Year 1 statement of cash flows is $2,700

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Ivan is the head of human resources for a large company. He is served with legal papers that outline a lawsuit brought against the company by a former employee. She is alleging that she was terminated because of discrimination. Discuss how Ivan can use the former employee’s written performance appraisals to refute this charge.

Answers

Answer:

the attestation lists contain information about the compliance of the employee with the position held. if an employee according to this certificate does not correspond to the position, he can be fired accordingly.

Explanation:

What it the present value of $2,000 that you expect to receive in 3 years assuming you could invest the money today and earn a 5% annual return?.

Answers

A present value of $2,000 that you expect to receive in 3 years, the future value is mathematically given as

F=2315.24

What is the Future value of $2,000?

Generally, the equation for the present value is mathematically given as

P= fv*1/(1+r)n

Therefore

2000=F *1/(1+0.05)^3

F=2315.24

In conclusion, the Future value

F=2315.24

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