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Question;38.;A manufacturing company has a beginning;finished goods inventory of \$14,600, raw material purchases of \$18,000, cost of;goods manufactured of \$32,500, and an ending finished goods inventory of;\$17,800. The cost of goods sold for this company is;A.;\$21,200.;B.;\$29,300.;C.;\$32,500.;D.;\$47,100.;E.;\$27,600.;39.;A company's prime costs total \$3,000,000;and its conversion costs total \$7,000,000. If direct materials are \$1,000,000;and factory overhead is \$5,000,000, then direct labor is;A.;\$4,000,000.;B.;\$14,000,000.;C.;\$2,000,000.;D.;\$1,000,000.;E.;\$3,000,000.;40.;Ajax Company accumulated the following;account information for the year;Using the above information, total factory overhead;costs would be;A.;\$ 9,800.;B.;\$16,800.;C.;\$15,800.;D.;\$13,000.;E.;\$ 7,800.;41.;A company;issues bonds with a par value of \$800,000 on their issue date. The bonds mature;in 5 years and pay 6% annual interest in two semiannual payments. On the issue;date, the market rate of interest is 8%. Compute the price of the bonds on;their issue date. The following information is taken from present value tables;42.;Use the following calendar-year information;to prepare David Company's statement of cash flows using the direct method;43.;The following information is from Omega;Corporation's balance sheets as of December 31, 2009, and 2010 and its income;statement for 2010;From the above information, calculate the following;ratios for 2010;(a) Inventory turnover.;(b) Accounts receivable turnover.;(c) Return on total assets.;(d) Times interest earned.;(e) Total asset turnover.

Paper#51181 | Written in 18-Jul-2015

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