answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrei [34K]
2 years ago
14

Tektron Industries has Beginning and Ending Raw Materials Inventories of $32,000 and $40,000, respectively. Direct Materials use

d were $130,000. The cost of Raw Materials Purchased is A :
Business
1 answer:
ch4aika [34]2 years ago
5 0

Answer:

$138,000

Explanation:

The computation of the cost of Raw Materials Purchased is shown below:

= Direct materials used + ending direct material inventory - beginning direct material inventory

= $130,000 + $40,000 - $32,000

= $138,000

Simply we added the  ending direct material inventory and deduct the beginning direct material inventory  to the direct material used so that the accurate amount can come

You might be interested in
To be able to go on the band trip, four band members each get a part-time job. Each person has 5 weeks in which to save his or h
Arturiano [62]

Answer:

Member B: Works 10 hours per week at $5.85 per hour

Member D: Works 9 hours per week at $6.35 per hour

4 0
2 years ago
Read 2 more answers
A firm determines its profit by subtracting______ from _____ .
serious [3.7K]
<span>A firm determines its profit by subtracting total cost from revenue</span>
8 0
1 year ago
Read 2 more answers
Micro, Inc., started the year with net fixed assets of $75,675. At the end of the year, there was $97,225 in the same account, a
BabaBlast [244]

Answer:

the net capital spending for the year is $35,105

Explanation:

The computation of the net capital spending for the year is given below:

Closing Balance $97,225

Add: Depreciation $13,555

Less: Opening Balance -$75,675

Assets Purchased $35,105

Hence the net capital spending for the year is $35,105

3 0
1 year ago
Which of the following statement(s) is(are) true regarding the variance of a portfolio of two risky securities? I) The higher th
andre [41]

Answer:

The degree to which the portfolio variance is reduced depends on the degree of correlation between securities is the correct answer.

Explanation:

3 0
1 year ago
What is the maximum period of time that a personal services contract for temporary consultant services may be awarded?
Kisachek [45]

Answer: 1 year

Explanation: According to the Defence Federal Acquisition Regulation under 237.106, personal service contracts that apply to consulting or expert services will be limited to one year. However this will only apply to duties that are temporary (limited to 1 year, or 12 months), or non cumulative days (needs to be 130 days or more that are broken up within a year). During this time the officer contracting the service will enter into a contract, make an order, or exercise options for various services that do not exceed 1 year.

6 0
1 year ago
Other questions:
  • What is the marginal benefit of the 4th fried peanut butter and banana sandwich?
    13·1 answer
  • The selling price of a property is $96,000. this can be financed if the buyer can put 10 percent down and pay a loan origination
    5·1 answer
  • 3. Asset management ratios Asset management ratios are used to measure how effectively a firm manages its assets, by relating th
    6·1 answer
  • Presented below are three revenue recognition situations.
    6·1 answer
  • John, Lesa, and Trevor form a limited liability company. John contributes 60 percent of the capital, and Lesa and Trevor each co
    13·1 answer
  • Lola wants to make an 6% real return on a loan that she is planning to make, and the expected inflation rate during the period o
    11·1 answer
  • James Brolen is a man of many talents and abilities. After six months in business, however, things aren't going well, and Brolen
    6·2 answers
  • Cruz Company uses LIFO for inventory costing and reports the following financial data. It also recomputed the inventory and cost
    15·1 answer
  • There is an old adage that says "If you can’t measure it, you can’t manage it". Managers who want to measure and track their org
    6·1 answer
  • Company X classifies the total transportation costs paid to deliver goods to customers as a mixed cost with respect to the units
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!