This topic contains a solution. Click here to go to the answer

Author Question: Expert Manufacturing reported the following: Revenue$460,000Beginning inventory of direct materials, ... (Read 112 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571

Question 1

Conversion costs include ________.
◦ direct materials and direct manufacturing labor costs
◦ direct manufacturing labor and manufacturing overhead costs
◦ direct materials and manufacturing overhead costs
◦ only direct materials

Question 2

Expert Manufacturing reported the following: 

Revenue$460,000
Beginning inventory of direct materials, January 1, 201530,000
Purchases of direct materials15,800
Ending inventory of direct materials, December 31, 201516,000
Direct manufacturing labor26,000
Indirect manufacturing costs42,000
Beginning inventory of finished goods, January 1, 201545,000
Cost of goods manufactured97,800
Ending inventory of finished goods, December 31, 201541,000
Operating costs158,000
What is Expert's operating income?
◦ $346,400
◦ $218,200
◦ $204,200
◦ $200,200


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by APUS57 on Mar 6, 2021

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly




APUS57

  • Member
  • Posts: 571
Reply 2 on: Mar 6, 2021
Wow, this really help


bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The FDA recognizes 118 routes of administration.

For a complete list of videos, visit our video library