The Belen plant purchased $78,300 of direct materials during June Beginning direct materials inventory was $2,500 and

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

Question:

The Belen plant purchased $78,300 of direct materials during June Beginning direct materials inventory was $2,500 and direct materials used in production were $73,500. What is ending direct materials inventory?

Related Book For answer-question

Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

See More Books

Posted Date: Jan 03, 2021 09:49 AM

See More Questions

1. On 1 October 2018, Acacia Ltd issued a prospectus for applications for 200 000 ordinary shares to the public at an issue price of $7, payable $2.50 on application, $1.50 on allotment and the...
During May, Camino Corp. purchased direct materials for 4,400 units at a total cost of $63,800. Caminos standard direct materials cost is $14 per unit. Prepare the journal entry to record...
How can factors in the micro and macro environment affect the company? Give your own concrete example from a company or an organization. Choose a micro and a macro factor.
1. Enis falsely accuses Monalisa of stealing from Island Tours, Inc., their employer. Enis's statement is defamatory only if a. a third party hears it. b. Monalisa has not been caught. c. the...
Think of a 20-year annuity paying $2000 per month. If prevailing market rates decline over the next year, will the price to purchase a 20-year annuity increase or decrease? Explain.
Number of classes: 6 Data set: January production (in units) for 21 manufacturing plants of a multinational company Construct a frequency distribution and a frequency histogram for the data set using...
The Council of Australian governments has 10 members. Two members are chosen to serve as the executive committee members. Each council member is equally likely to serve in these positions. What is...
Henry Hughes, who operates a department store, executed the following instrument: $2,600 Chicago, March 5, 2011 On July 1, 2011, I promise to pay Daniel Dalziel, or order, the sum of Twenty-Six...
How can the organization ensure that this piece of infrastructure is positioned as strategic and not just administrative?
Westley Fong, manager of The Lucky 88 Motel, has a contract with Appraisers Associates to appraise his 150-room motel, which is located in beautiful downtown Wahiawa. The consultant on the job has...
The market price for Apple Incorporation as at December 3 1 , 2 0 1 8 was $ 1 6 6 . 4 1 and the earnings per share at that date was $ 2 . 7 3 . The company s has outstanding common stock of 1 , 0 0 0...
What are the legal implications your company should be aware of if it were to EXPORT the product into India?
How do laws differ from ordinary rules or social conventions? 2. What are the two general ways in which the Canadian constitution limits the law- making powers of the federal and provincial...
Step One: Critical Thinking Find three mid-tier influencers (MtIs) who interest you and evaluate at least three posts from each influencer (minimum of 9 posts total); all posts must have been...
How do you defend, short term, investments in business ethics that may not positively contribute to the bottom line immediately? Keep in mind our short term orientation toward performance measures in...
Consider this case: Sacrament Products Co. is a U.S. firm evaluating a project in Australia. You have the following information about the project: The project requires an investment of AU$987,000...
A company has the following cash distribution in year 1. Cash Flow Probability No Loss $100 10% Having Loss $30 90% What is the actuarially fair premium of a full insurance policy that the company...
(a) As Section 17.3 discusses, high-frequency sound waves exhibit less diffraction than low-frequency sound waves do. However, even high-frequency sound waves exhibit much more diffraction under...
Shadee Corp. expects to sell 600 sun visors in May and 800 in June. Each visor sells for $18. Shadees beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending...
Prestige Manufacturing Corporation reports the following items in its 2013 statement of cash flows presented using the direct method. Indicate whether each item is disclosed in the operating...
Blossom, Inc., is a small company that manufactures three versions of patio tables. Unit information for its products follows: Blossom has determined that it can sell a limited number of each table...
Cooling pipes at three nuclear power plants are investigated for deposits that would inhibit the flow of water. From 30 randomly selected spots at each plant, 13 from the first plant, 8 from the...
With reference to Exercise 10.57, find a large sample 95% confidence interval for the true difference of the probabilities of failure. Data From Exercise 10.57 10.57 Two bonding agents, A and B, are...
Two hundred tires of each of four brands are individually placed in a testing apparatus and run until failure. The results are obtained the results shown in the following table: (a) Use the 0.01...

The Belen plant purchased $78,300 of direct materials during June Beginning direct materials inventory was $2,500 and

Question:

Expert Answer:

Managerial Accounting

Students also viewed these finance questions