A corporation used $34,000 of direct materials and incurred $74,000 in direct labor cost, and $112,500 in manufacturing overhead costs during the period
What is the cost of goods manufactured if the beginning and ending Work-in-Process Inventories were $27,500 and $20,500, respectively?
A) $248,000
B) $227,500
C) $213,500
D) $220,500
B .B) Cost of goods manufactured = Beginning Work-in-Process Inventory + Direct Materials + Direct Labor Cost + Manufacturing Overhead Costs - Ending Work-in-Process Inventory = $27,500 + $34,000 + $74,000 + $112,500 - $20,500 = $227,500
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A) capitalize the important words but do not capitalize small conjunctions, prepositions, and articles that appear in the middle of a title B) capitalize only important words C) capitalize the first word only D) capitalize every word
A firm has a single issue of a zero coupon debt that promises to pay $90 in 4 years, and the A0 = $100, r = 4%, ? = 25%, and ? = 0. If the asset has a 2% chance of total default, what is the value of the debt?
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