Youngstown Rubber reports the following data for its first year of operation.
Direct materials used = $711,000
Cost of goods manufactured = $680,600
Finished goods inventory, ending = $191,000
Manufacturing Overhead = 100,000
Finished goods inventory, beginning = 0
Work in process inventory, beginning = 0
Work in process inventory, ending = 130,400
What is the cost of goods sold? A. $1,491,600 B. $459,200 C. $489,600 D. $680,600
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Youngstown Rubber reports the following data for its first year of operation. Direct materials used = $711,000 Cost of goods manufactured = ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The auditors do not believe that certain lease obligations have been reflected in conformity with generally accepted accounting principles in the client's financial statements.
Answers (1)
The Evendale Store is just one of many stores owned and operated by the company. The Apparel Department is one of many departments at the Evendale Store. The central warehouse serves all of the company's stores.
Answers (1)
Which is an example of a document that needs to be saved for financial planning? a. Car expenses b. Credit card receipt c. ATM record d. Grocery store receipt
Answers (1)
A sales associate has a house listed at $200,000. It's overpriced and he feels it has only a 70% chance of selling in the original listing term. He also has a $300,000 house that has an 80% chance of sale.
Answers (1)
Anna and ben are up for the same promotion at work. when it comes time to make a decision, the management committee chooses ben for the position because they think anna's commitment to being a good mother to her children would prevent her from
Answers (2)
New Questions in Business
Portfolio investment is defined as A. the diversification of purchasing shares in many companies in one country so that risk is kept to a minimum. B. the purchase of less than 40 percent of the shares of ownership in a company in another country. C.
Answers (1)
Office Palace, Inc., leased an all-in-one printer to a new customer, Ashley, on December 27, 2018. The printer was to rent for $600 per month for a period of 36 months beginning January 1, 2019.
Answers (1)
Philo T. Farmsworth is a corn farmer with a 40-acre tract of land. Each acre can produce 100 bushels of corn. The cost of planting the tract in corn is $20,000, and the cost of harvesting the corn is $10,000.
Answers (1)
Choose all that apply. Select sources of income. - wages from your job - a rent check from someone renting a property you own - interest deposited into your savings account - commission for a sale
Answers (1)
I am disabled but apparently do not qualify for ss disability. what can i do?
Answers (1)