Lesson 3 Discussions Using the Internet, locate the most recent financial report for a Manufacturing Company of your choice. The company that you select to choose must be a manufacturing company! In your post, briefly describe your chosen company and list the types of inventory(ies) it lists in its Balance Sheet. Speculate as to whether your chosen company uses process, job order, or activity based costing, explain your reasoning. Additionally, using your company's Balance Sheet and Income Statement (and possibly the Notes to the financials), calculate the Cost of Goods Manufactured (COGM) for the most recent year. Hint: To calculate the COGM, try this: Finished goods Ending +COGS -Finished goods Beginning = COGM

Lesson 3 Discussions Using the Internet, locate the most recent financial report for a Manufacturing Company of your choice. The company that you select to choose must be a manufacturing company! In your post, briefly describe your chosen company and list the types of inventory(ies) it lists in its Balance Sheet. Speculate as to whether your chosen company uses process, job order, or activity based costing, explain your reasoning. Additionally, using your company's Balance Sheet and Income Statement (and possibly the Notes to the financials), calculate the Cost of Goods Manufactured (COGM) for the most recent year. Hint: To calculate the COGM, try this: Finished goods Ending +COGS -Finished goods Beginning = COGM

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

M2.

Table of Contents Lesson 3 Lesson 3 Discussions
Lesson 3 Discussions ~
V
Using the Internet, locate the most recent financial report for a Manufacturing
Company of your choice. The company that you select to choose must be a
manufacturing company!
In your post, briefly describe your chosen company and list the types of
inventory(ies) it lists in its Balance Sheet. Speculate as to whether your chosen
company uses process, job order, or activity based costing, explain your reasoning.
Additionally, using your company's Balance Sheet and Income Statement (and
possibly the Notes to the financials), calculate the Cost of Goods Manufactured
(COGM) for the most recent year.
Hint: To calculate the COGM, try this:
Finished goods Ending
+COGS
-Finished goods Beginning
= COGM

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Q3
John Antonio transfers $5000 from his checking account to his savings account. How are M1 and M2 affected by this decision? a.M1 increases and M2 decreases b.M1 and M2 remain the same c.M1 decreases and M1 increases d.M1 increases and M2 increases e.M1 decreases and M2 decreases
Money functions as a medium of exchange because it is readily exchangeable for other goods. A) True B) False
Need it urgent.
Cash is included in Multiple Choice O O O M1 only. M2 only. both M1 and M2. neither M1 nor M2.
why does m2 fall and not remain unchanged? doesn't M2 consist of both M1 and M2? so when M1 rise (due to more cash), savings account (which is under M2) will drop by the same amount as M1 rise, hence overall M2 will remain unchanged?