{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T01:59:14-04:00", "answer_date": "2024-06-29 01:59:14", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4444112", "url": "\/study-help\/questions\/answer-the-question-of-management-accounting-please-provide-correct-4444112", "question_creation_date_js": "2024-06-29T01:59:14-04:00", "question_creation_date": "Jun 29, 2024 01:59 AM", "meta_title": "[Solved] Answer the question of management account | SolutionInn", "meta_description": "Answer of - Answer the question of management accounting . Please provide correct answers one of the tutor provided with wrong ans | SolutionInn", "meta_keywords": "answer,question,management,accounting,provide,correct,answers,one,tutor,provided,wrong,read", "question_title_h1": "Answer the question of management accounting . Please provide correct answers one of the tutor provided with wrong answer . PLEASE READ THE QUESTION CAREFULLY", "question_title": "Answer the question of management accounting . Please provide correct answers one", "question_title_for_js_snippet": "Answer the question of management accounting Please provide correct answers one of the tutor provided with wrong answer PLEASE READ THE QUESTION CAREFULLY AND ANSWER WITH CORRECT SOLUTION Beena Corporation has the following information available about its July, 2020 production 1 Finished goods inventory on July 1, 2020 is $27,760 and on July 31, 2020 is $25,190 2 Work in process inventory on July 1, 2020 is $25,190 and on July 31, 2020 is $22,740 3 Raw materials inventory on July 1, 2020 is $10,340 and on July 31, 2020 is $8,510 4 Direct materials used in production in July were $44,100 Direct labour incurred in production in July was $29,900 and manufacturing overhead applied to production is $41,300 5 Net Sales for July, 2020 was $156,300 Prepare a condensed cost of goods manufactured schedule for July, 2020 Beena Corporation Cost of Goods Manufactured Month Ended July 31, 2020 $ v SPrepare an income statement up to gross profit for July, 2020 Beena Corporation Income Statement $Indicate the inventory balances that appear on the balance sheet at July 31, 2020 (List assets in order of liquidity ) Beena Corporation Balance Sheet (Partial) S", "question_description": "

Answer the question of management accounting . Please provide correct answers one of the tutor provided with wrong answer . PLEASE READ THE QUESTION CAREFULLY AND ANSWER WITH CORRECT SOLUTION .<\/strong><\/p>

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\"image\"image\"image\"image<\/div><\/div><\/div> Beena Corporation has the following information available about its July, 2020 production: 1 Finished goods inventory on July 1, 2020 is $27,760 and on July 31, 2020 is $25,190. 2. Work in process inventory on July 1, 2020 is $25,190 and on July 31, 2020 is $22,740. 3. Raw materials inventory on July 1, 2020 is $10,340 and on July 31, 2020 is $8,510. 4. Direct materials used in production in July were $44,100. Direct labour incurred in production in July was $29,900 and manufacturing overhead applied to production is $41,300. 5. Net Sales for July, 2020 was $156,300.Prepare a condensed cost of goods manufactured schedule for July, 2020. Beena Corporation Cost of Goods Manufactured Month Ended July 31, 2020 $ v SPrepare an income statement up to gross profit for July, 2020. Beena Corporation Income Statement $Indicate the inventory balances that appear on the balance sheet at July 31, 2020. (List assets in order of liquidity.) Beena Corporation Balance Sheet (Partial) S", "transcribed_text": "", "related_book": { "title": "Cost Management Measuring Monitoring And Motivating Performance", "isbn": "1118168879, 9781118168875", "edition": "2nd Canadian Edition", "authors": "Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/635f99b5717e0_1157.jpg", "uri": "\/textbooks\/cost-management-measuring-monitoring-and-motivating-performance-2nd-canadian-edition-1157", "see_more_uri": "" }, "free_related_book": { "isbn": "0813166551", "uri": "\/textbooks\/stolen-harvest-the-hijacking-of-the-global-food-supply-1st-edition-9780813166551-9780813166797", "name": "Stolen Harvest The Hijacking Of The Global Food Supply", "edition": "1st Edition" }, "question_posted": "2024-06-29 01:59:14", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/superheated-steam-at-575degc-is-routed-from-boiler-to-the", "description": "Superheated steam at 575C is routed from a boiler to the turbine of an electric power plant through steel tubes (k = 35 W\/m K) of 300 mm inner diameter and 30 mm wall thickness. 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