Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The correct answer is 15,240, please explain step by step Question 29 0 / 1 pts The Omera Corporation recently manufactured inventory and had the

image text in transcribed
The correct answer is 15,240, please explain step by step
Question 29 0 / 1 pts The Omera Corporation recently manufactured inventory and had the following costs: Direct materials $8,600, Administrative costs $4,300, Marketing costs $2,800, Direct labor $6,100 and Overhead $10,700 when the company produced 25,000 units, If 2/5 of the inventory were sold, what amount would it report in its financial statement as ending inventory? Round your final answer to the nearest whole dollar. 5 15,240 (with margin: 0)

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_2

Step: 3

blur-text-image_3

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

The Leading Edge Managers Guide To Success With Website Strategies And Better Practices

Authors: David Parmenter

1st Edition

0470920432, 978-0470920435

More Books

Students also viewed these Accounting questions

Question

2. Whm forc"Cs

Answered: 1 week ago

Question

What is cost plus pricing ?

Answered: 1 week ago

Question

1. What are the types of wastes that reach water bodies ?

Answered: 1 week ago

Question

Which type of soil has more ability to absorb water?

Answered: 1 week ago