Answer:
unconventional cash flows.
Explanation:
The modified internal rate of return means that return in which the cash flows that comes positive are again invested at the cost of capital of the firm also the initial investment that should be financed at the financing cost of the firm. It measures the correct cost and profitability in an accurately manner
Basically it is designed specifically for the non-conventional cash flows
And the same is to be considered
Answer:
185 teddy bears are in work in progress inventory
Explanation:
given data
receives order = 250 teddy bears
fabric = 300 yards
ribbon = 200 yards
cotton = 250 pounds
to find out
how many teddy bears can be considered work-in-process inventory
solution
we know that teddy bears to be manufactured is = 250
so finished and this comes under finished goods inventory are
goods inventory = 65 teddy bears
and still in the process is 185 teddy bears
so they needs to undergo further process because the work is still not completed
so we can say that 185 teddy bears are in work in progress inventory
Answer:
$18,315,000
Explanation:
Total Income
:
= 15% of Total assets
= $13,900,000 × 15%
= $2,085,000
Total Sales
:
= Market price × Production volume
= $34 × 600,000
= $20,400,000
So, Target full product cost in total for the year
:
= Total Sales - Total Income
= $20,400,000 - $2,085,000
= $18,315,000
Answer:
Company’s Cost of Goods Manufactured = $1,506,500
Explanation:
Use following formula to calculate cost of goods manufactured
Cost of Goods Manufacture = Direct Material cost + Direct labor cost + Manufacturing overhead + Work in process beginning balance - Work in process Ending balance
Cost of Goods Manufacture = $523,000 + $215,000 + $774,500 + $78,000 - $84,000
Cost of Goods Manufacture = $1,506,500
