Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 19 THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 20 THROUGH 22. Pederson Company reported the following: Manufacturing costs $2,000,000 Units manufactured 50,000 Units sold 47,000

image text in transcribedimage text in transcribed

QUESTION 19 THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 20 THROUGH 22. Pederson Company reported the following: Manufacturing costs $2,000,000 Units manufactured 50,000 Units sold 47,000 units sold for $75 per unit Beginning inventory O units What is the average manufacturing cost per unit? 1.$40.00 uhmit Click Save An Answers to save all answers. Units manufactured 50,000 Units sold 47,000 units sold for $75 per unit Beginning inventory O units What is the average manufacturing cost per unit? O 1.$40.00 2. $42.55 O 3.900.025 4. $75.00 QUESTION 20 What is the amount of ending finished goods inventory? O 1.$1,880,000 O 2. $120.000 3.$225,000 4.$105,000 QUESTION 21 Manufacturing-sector companies report O 1. only merchandise inventory O 2. only finished goods inventory O 3 direct materials inventory, work-in-process inventory, and finished goods inventory accounts. O 4. no inventory accounts QUESTION 22 For a printing company, the cost of paper is classified as a O 1. direct material cost h 02 direct manufacturing labor cost. O 3. manufacturing overhead cost. 4. period cost QUESTION 23 Wages paid to machine operators on an assembly line are classified as a Click Save and Submit to save and submit. Click Save All Answers to save all answers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Enterprise Information Systems A Pattern Based Approach

Authors: Cheryl Dunn, J. Owen Cherrington, Anita Hollander

3rd Edition

0072404299, 978-0072404296

More Books

Students also viewed these Accounting questions