Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 10. selected financial information for brookeville

10. Selected financial information for Brookeville Manufacturing for the years of 2014 and 2015 are...

70.2K

Verified Solution

Question

Accounting

image

10. Selected financial information for Brookeville Manufacturing for the years of 2014 and 2015 are presented in the following table (000s omitted). Sales revenue 4,000 Purchases of direct materials 400 Direct labor 450 Manufacturing overhead 620 Operating expenses 650 Raw materials inventory, Dec 31, 2014 200 Raw materials inventory, Dec 31, 2015 180 Work in process inventory, Dec 31, 2014 320 Work in process inventory. Dec 31, 2015 410 Finished goods inventory, Dec 31, 2014 250 Finished goods inventory, Dec 31, 2015 200 What was the operating income? A. $1,900 B. $2,530 C. $1,930 D. $3,350

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Arden Corporation is considering an investment in a new project with an unlevered cost of capital...

Finance
Q

Cucina Corp. signed a new installment note on January 1, 2018, and deposited the proceeds of...

Advance Math
Q

39 180 In Young s double slit experiment intensity on the is What will b...

Physics
Q

A man of mass M is standing on the platform The platform is executing S...

Physics
Q

11 Find w to find the measure of the exterior angle 13 Find mZH W...

Basic Math
Q

Bridgeport Company's income statement contained the following condensed information. \table[[\table[[Bridgeport Company],[Income Statement],[For the Year...

Accounting
Q

IFRS 15 deals with the application of the variable consideration constraint. Which one of the...

Accounting
Q

Libby Company purchased equipment by paying $6,500 cash on the purchase date and agreeing to...

Accounting
Q

Question 2 Consolidation as of the date of acquisition ( 9 points) A. How is...

Accounting
Q

Prepare the following adjusting entries at August 31 for Walgreens. (a) Interest on notes payable...

Accounting
Q

All sales were on credit. Net cash provided by operating activities for 2027 was $237,046....

Accounting
Q

At the beginning of the year, Custom Manufacturing set its predetermined overhead rate using the...

Accounting