Marigold Corp. has beginning and ending work in process inventories of $180000 and $195000 respectively. If total

Fantastic news! We've Found the answer you've been seeking!

Question:

Marigold Corp. has beginning and ending work in process inventories of $180000 and $195000 respectively. If total manufacturing costs are $680000, what is the total cost of goods manufactured?

$875000.

$665000.

$860000.

$695000.

Related Book For answer-question

Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

See More Books

Posted Date: Apr 27, 2022 01:05 AM

See More Questions

What is meant by the term cost of goods manufactured ? Why does this item appear on an income statement?
What is the variable cost ratio? The contribution margin ratio? How are the two ratios related?
What is the historical cost concept and how does it relate to the reliability concept?
In Problems 1118, mentally solve each equation. 6x = -24
For each of these three credit purchases, prepare the journal entry to record the payment of the obligation. Assume that purchases were paid within the discount period and that the purchasing firm...
When cylinder-head bolts in an automobile engine are tightened, the critical quantity is the torque applied to the bolts. Why is the torque more important than the actual force applied to the wrench...
Consider all 40 observations on the delivery time data. Delete $10 \%$ (4) of the observations at random. Fit a model to the remaining 36 observations, predict the four deleted values, and...
Shim Company presents its statement of cash flows using the indirect method. The following accounts and corresponding balances were drawn from Shim's 2014 and 2013 year-end balance sheets: The income...
1. Point our the major impacts of inflation 2. Discuss the different types of unemployment?
The complexity and uniqueness of the federal government makes it difficult to conduct a meaningful analysis of its financial condition. However, conducting a financial statement analysis does provide...
Which vocal element refers to the range of sounds from high to low in a speaker's voice? articulation intonation volume pitch
A snow-cone machine at an icecream shop costs $\$ 15,000$. The machine is expected to generate profits of $\$ 2,500$ each year of its 10-year useful life. At the end of the 10 years, the machine...
A small truck is purchased for $$17,000.$ It is expected to be of use to the company for 6 years, after which it will be sold for $$3,500.$ Determine the depreciation deduction and the resulting...
1. To develop an understanding of your ethical leadership style 2. To understand how your preferred ethical leadership style relates to other ethical leadership styles Directions 1. Please read the...
Consider the following Keynesian closed economy: Consumption $\quad C=388+0.4(Y-T)-600 r$. Investment $I=352-400 r$. Government purchases $G=280$. Taxes $\quad T=300$. Full-employment output...
What is the approximate magnitude of the electric field between the charge center and the ground? A. $4 \times 10^{4} \mathrm{~V} / \mathrm{m}$ B. $4 \times 10^{5} \mathrm{~V} / \mathrm{m}$ C....
Explain expenditure-changing and expenditure-switching policies. Using the swan diagram, explain how these policies can be used to achieve external and internal balance.
Prove that if Σ an is absolutely convergent, then a. an
Summer Shade installs awnings on residential and commercial structures. The company had the following transactions for February 2010: Purchased $790,000 of building (raw) material on account. ...
Kalogridis Corp. manufactures industrial dye. The company is preparing its 2011 master budget and has presented you with the following information: a. The projected December 31, 2010, balance sheet...
The Pink Flamingo, Inc., manufactures plastic lawn ornaments. Currently the firm manufactures three items: reindeer, snowmen, and flamingos. For each reindeer, two snowmen and four flamingos are...
Make a bar chart of $\mathrm{CO}_{2}$ footprint divided by embodied energy, using data from the data sheets of Appendix A, Table A10, for a. Cement b. Low carbon steel c. Copper d....
a. Window frames are made from extruded aluminium. It is argued that making them instead from extruded PVC would give a product with a lower embodied energy and carbon footprint. If the section shape...
a. A range of office furniture includes a chunky hardwood table weighing $18 \mathrm{~kg}$ and a much lighter table with a $3.0 \mathrm{~kg}$ virgin aluminium frame and a $3.0 \mathrm{~kg}$...

Marigold Corp. has beginning and ending work in process inventories of $180000 and $195000 respectively. If total

Question:

Expert Answer:

Solution Cauculation of total cot of goods mo... View the full answer

Cost Accounting Foundations and Evolutions

Students also viewed these accounting questions