Chapter 16, Problem 16.20E

Compute the company's assets turnover for 2022.

calculate the companys degree of operating leverage ....??

Can you explain the process for solving this General accounting question accurately?

I need help finding the accurate solution to this general accounting problem with valid methods.

Mathur Manufacturing uses a job order costing system. During one month, Mathur purchased $188,000 of raw materials on credit; issued materials to the production of $263,000 of which $17,000 were indirect. Mathur incurred a factory payroll of $172,000, of which $25,000 was indirect labor. Mathur uses a predetermined overhead rate of 150% of direct labor cost. The total manufacturing costs added during the period are_.

I need help solving this general accounting question with the proper methodology.

I am looking for help with this general accounting question using proper accounting standards.

During FY 2005 Plastic Manufacturing had total manufacturing costs are $418,000. Their cost of goods manufactured for the year was $448,000. The January 1, 2006 balance of the Work-in-Process Inventory is $49,000. Use this information to determine the dollar amount of the FY 2005 beginning Work-in-Process Inventory.

Please explain this financial accounting problem by applying valid financial principles.