Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sunshine companys costs for the month of august we

Sunshine Companys costs for the month of August were as follows: direct materials, $ 30,000;...

60.1K

Verified Solution

Question

Accounting

Sunshine Companys costs for the month of August were as follows: direct materials, $ 30,000; direct labour, $ 35,000; sales salaries, $14,000; indirect labour, $10,000; indirect materials, $15,000; general corporate administrative cost, $12,000; taxes on manufacturing facility, $ 5,000; and rent on factory, $ 20,000. The beginning work in process inventory was $ 15,000 and the ending work in process inventory was $ 10,000. What was the cost of goods manufactured for the month?

Multiple Choice

$105,000.

$ 125,000

$ 120,000.

$ 115,000.

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Calculate the concentration of all species present in a 0.01 M aqueous solution of ammonia. The...

Chemistry
Q

Discuss the physical significance of the equivalent magnetization current densities J_m and J_ms. Can we utilize them...

Physics
Q

A B C E F G H 1 J K M Note The goal of...

Statistics
Q

3 The functions f and g are defined as f x and g x x...

Calculus
Q

Consider the following piecewise defined function ifx 4 if 4 x 4 2 1 4...

Calculus
Q

Rewrite ?-81 in terms of the imaginary unit, i. Provide your answer below:

Algebra
Q

Air temperature decreases as altitude increases If the ground temperature is 72 F then the...

Algebra
Q

What is the relationship of transfer pricing to revenue, net profit, and costs /expense? Please...

Accounting
Q

Budgeted Income Statement and Balance Sheet As a preliminary to requesting budget estimates of sales,...

Accounting
Q

Huang Company operates with a single product. The following simple income statement relates to last...

Accounting
Q

MARR =12%. This asset is similar across some other asset replacement questions: An...

Accounting
Q

Which of the following statements is wrong? The complete precedence hierarchy is given by...

Finance