Business

Tripp Kim

26 May, 07:30

Finished goods inventory is $199,000. if overhead applied to these goods is $79,000, and the overhead rate is 110% of direct labor, how much direct materials cost was incurred in producing the inventory? (round your intermediate calculations and final answer to nearest whole dollar.)

+5

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “Finished goods inventory is $199,000. if overhead applied to these goods is $79,000, and the overhead rate is 110% of direct labor, how ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

What makes an effective leader?

Regional Investment Corporation (RIC) hires Sam, a real estate agent, to locate investment properties for RIC. Sam learns of a warehouse available for $100,000, buys it himself, and offers it to RIC for $200,000. Most likely, Sam a.

A company enforces its ethical codes and policies by rewarding ethical behavior and punishing misconduct. Each month, the most ethical employee receives a bonus.

do you believe companies should spend a large amount of their budgets on management training? why or why not

A farm must decide whether or not to purchase a new tractor. The tractor will reduce costs by $2,000 in the first year, $2,500 in the second and $3,000 in the third and final year of usefulness.

New Questions in Business

George offers to sell Penelope a ring that George found in his yard. He and Penelope look at the ring and decide that they are not sure what it is, probably just a shiny stone. Penelope pays George $10 for the ring.

Percentage analyses, ratios, turnovers, and other measures of financial position and operating results are select one: a. a substitute for sound judgment. b. useful analytical measures. c.

Sco is an abbreviation for what? select one: a. shanghai cooperation organization b. southern continental organization c. society for cooperative organizations d. shanghai collaborative operation e. shanghai collection organization

How long does Bankruptcy stay on your credit report?

5. Which of these is an example of a plateau period? A. You recently received a good review from your boss, but you're tired of your current position. B. A community group invites you to become a member. C.