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

Author Question: River Falls Manufacturing uses a normal cost system and had the following data available for 2018: ... (Read 230 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
River Falls Manufacturing uses a normal cost system and had the following data available for 2018:

Direct materials purchased on account$159,000
Direct materials requisitioned85,000
Direct labor cost incurred133,000
Factory overhead incurred140,000
Cost of goods completed285,000
Cost of goods sold249,000
Beginning direct materials inventory34,000
Beginning WIP inventory70,000
Beginning finished goods inventory55,000
Overhead application rate, as a percent of direct-labor costs130 percent
The ending balance of direct materials inventory is ________.
◦ $108,000
◦ $193,000
◦ $85,000
◦ $119,000


Related Topics

Need homework help now?

Ask unlimited questions for free

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

tashiedavis420

  • Sr. Member
  • ****
  • Posts: 329
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 49% of students answer this correctly




waynest

  • Member
  • Posts: 553
Reply 2 on: Mar 6, 2021
:D TYSM


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

For a complete list of videos, visit our video library