Solved > Question The objective is for the student to:1108013 …


The objective is for the student to become familiar with thevarious types of transactions that will impact the inventoriableand manufacturing overhead costs of the organization. In Hershey’s2007 annual report,[1].pdf,the management made this claim, “A decrease in inventories in 2007reflecting lower raw material and goods in process inventoriesresulting from reduced manufacturing requirements and the globalsupply chain transformation program, in addition to lower finishedgoods inventories as a result of working capital improvementinitiatives, partially offset by an inventory build in anticipationof the relocation of certain manufacturing processes under theglobal supply chain transformation program” The following itemswill be assessed in particular: 1. Using Hershey’s inventory costdisclosed in the 2007 annual report, analyze and discuss the effectof the below economic events (a through j) on the financialstatements: assume Hershey is a manufacturing firm that usesjob-order costing. At the end of the 2007 year, the company’sinventory balances were as follows: Raw Materials $199,460,000 Work(goods) in process $ 80,282,000 Finished goods $407,058,000 2. Thecompany applies overhead to jobs using a predetermined overheadrate based on machine-hours. At the beginning of the year, thecompany estimated that it would work 27,000 machine-hours and incur$189,000 in manufacturing overhead cost. The following transactionswere recorded for the 2008 year: a. Raw materials were purchased,$412,000. b. Raw materials were requisitioned for use inproduction, $418,000 ($390,000 direct and $28,000 indirect). c. Thefollowing employee costs were incurred: direct labor, $157,000;indirect labor, $70,000; and administrative salaries, $207,000 d.Selling costs, $99,000. e. Factory utility costs, $13,000. f.Depreciation for the year was $103,000 of which $95,000 is relatedto factory operations and $8,000 is related to selling andadministrative activities g. Manufacturing overhead was applied tojobs. The actual level of activity for the year was 26,000machine-hours. h. The cost of goods manufactured for the year was$747,000. i. Sales for the year totaled $1,097,000 and the costs onthe job cost sheets of the goods that were sold totaled $732,000.j. The balance in the Manufacturing Overhead account was closed outto Cost of Goods Sold. You can assume that all transactions withemployees, customers, and suppliers were conducted in cash. is an online academic writing platform that provides extensive assistance to graduate school students as they work through their research projects, papers and dissertations. gives students access to experienced professionals who can provide the help they need in a timely and efficient manner. The service offers a wide range of services, including editing, proofreading, formatting, researching and more that can give students the confidence they need to write the perfect paper or dissertation for their chosen subject matter.

Services Offered by offers a wealth of different services designed to make research projects easier for graduate school students. These include editing, proofreading, formatting and researching services, all tailored specifically for graduate-level studies such as PhDs or Master’s degrees in any field from business administration to engineering or even psychology – all with the aim of helping busy students find success in their academics without having to sacrifice other important commitments like family time or work hours towards earning a living wage outside of college hours.

The Benefits of Using
Using gives you access to experts from all over the world who are highly qualified and experienced in helping graduate-level students to complete successful projects in various fields quickly and efficiently – something that would otherwise be difficult, if not impossible, given tight deadlines associated with most Ph.D./Master’s degree programs today. Moreover, using this platform makes it easier for students to keep up with multiple research tasks simultaneously since there are so many different experts available on tap at any one time – no longer will you have to put off studying one topic while focusing on another because of lack of resources! Additionally, having access to professional editors, proofreaders, but also formatters means that quality control standards aren’t sacrificed when finishing major pieces – since these individuals understand what makes up good academic writing better than anyone else and can offer guidance on how best one should go about making improvements along those lines. Finally, there is also an added cost-saving benefit associated with utilizing Graduate Writer Help compared to hiring an independent contractor (which could potentially run into thousands depending on length/complexity).
This service allows users only pay for what students need, which tends to be much lower overall because customers pay per hour rather than project basis, thus resulting to greater financial flexibility, especially for those just starting out postgraduate studies looking to conserve some pennies here there whenever possible!

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?