Home / Questions / Redat a start up manufacturing company bookkeeper left suddenly leaving rather incom
Redat a start up manufacturing company's bookkeeper left suddenly leaving rather incomplete
accounting records for the last month of his employment. You have been hired to sort out the puzzle. Assume Redat's raw materials inventory contains only direct materials. You have the following information available:
Work in process inventory, June 30 |
$6,400 |
Finished goods inventory, June 1 |
12,600 |
Direct labour in June |
11,000 |
Purchases of direct material in June |
14,600 |
Work in process inventory, June 1 |
2,900 |
Revenues in June |
62,000 |
Gross profit in June |
21,000 |
Direct materials used in June |
17,300 |
Raw materials inventory, June 30 |
5,600 |
Manufacturing overhead in June |
19,400 |
Find the following amounts:
A. Cost of goods sold in June.
B. Beginning raw materials inventory.
C. Ending finished goods inventory.
Dec 07 2019 Read more Less More
Condense the following expanded laminate codes:1. [0/45/–45/90]2. [0/45/–45/–45/45/0]3. [0/90/60/60/90/0]4. [0/45/60/45/0]5. [45/–45/45/–45/–45/45/–45/45]
Jun 28 2020T-1 Multiple choiceThe advantages of a corporate form of organization over both sole proprietorships and general partnerships include?A. Unlimited liabilityB. PermanencyC...
Aug 15 2020List the prefixes of the string P ="aaabbaaa" that are also suffixes of P.2. What is the longest (proper) prefix of the string "cgtacgttcgtacg" that is also a suffix of t...
Jun 11 2020Assume that on a particular day, the DJIA opened at 11,960.09. The divisor at that time was .132550914. What would the new index level be if all stocks on the DJIA increa...
Dec 03 2019From freezer part which is at -20°C, you take out 2 cm thick meat slice. You set up your oven to 180°C. Assume that the steak is exposed to convection on both sides.(Prop...
Jul 31 2020Task 7. Let's assume only books, jeans, and TVs are produced within national economy. 2016 Price, euro Quantity 15 24 425 Year2015 Good Books Jeans TVs Price, euroQuantit...
Apr 09 2020Now let us take a look at what it takes to put it all together. How do you manage human resources in a global technological environment? How can an organization be strate...
Aug 25 2020On July 31, 2016 Dome Co. issued $1,000,000 of 10% bonds at par and used a portion of the proceeds to call its 600 outstanding 11%, $1,000 face value bonds due on July 31...
Mar 21 2020Every organization structure, even a poor one, can be charted. Which of the following is false with respect to Organization Chart? (a)It is a vital tool for providin...
Dec 06 2017Hook Industries's capital structure consists solely of debt and common equity. It can issue debt at ra = 8%, and its common stock currently pays a $3.50 dividend per shar...
Aug 17 2020Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.