12/9/22, 7:20 PM Question 12 - Week 4 Homework - Connect
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The following data refers to Huron Corporation for the year 20x2. Sales revenue $2,106,000 Raw-material inventory, 12/31/x1 90,000 Purchases of raw material in 20x2 731,000 Raw-material inventory, 12/31/x2 59,000 Direct-labor cost incurred 473,000 Selling and administrative expenses 268,000 Indirect labor cost incurred 150,000 Property taxes on factory 91,000 Depreciation on factory building 125,000 Income tax expense 25,000 Indirect material used 46,000 Depreciation on factory equipment 60,000 Insurance on factory and equipment 41,000 Utilities for factory 70,000 Work-in-process inventory, 12/31/x1 0 Work-in-process inventory, 12/31/x2 40,000 Finished-goods inventory, 12/31/x1 35,000 Finished-goods inventory, 12/31/x2 40,000 Applied manufacturing overhead 577,500
3. Prepare the company’s income statement for 20x2.
HURON CORPORATION
Income Statement
For the Year Ended December 31, 20X2
$ 0
$ 0
$ 0
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Fall 2022
Template for a Short Essay
Introduction/Presentation/Summary:
In the book/article X author Y states that __________________________________________________. Specifically, author Y argues that the perspective/reading/paradigm she uses offers___________________ _____________________________________________________________________________. As the author herself puts it, “_________________________________________________________________.”
Notice how the sentences move down the Ladder of Abstraction from abstract summary to concrete example of exactly what the author Y says. This is the principle to follow in each of the following sections of the template. If you are at the abstract level, move towards the concrete to give an example; if you are at the concrete level, move to talk about the significance of the example.
Expansion through other voices/Counter argument(s):
Although some people believe _______________________________________________________, author Y insists that ________________________________________.
A more nuanced restatement:
In sum, then, Y’s view is that___________________________________________________________.
Introducing your own perspective:
I [agree/disagree/have mixed feelings]. In my view, the type of perspective/paradigm that the author recommends_________________________________________________________________________. For instance, _________________________________. In addition, _____________________________.
Introducing more nuance by presenting a counterargument to your suggestion:
Some might object, of course, on the grounds that ____________________________________________. And they would be right because __________________________________________________________. Yet I would argue that _________________________________________________________________. My position is further supported by ________________________________________________________.
Significance or what it all adds up to in your analysis:
Overall, then, I believe __________________________________________________________________. This is an important point to make given ____________________________________________________.
12/9/22, 7:20 PM Question 11 - Week 4 Homework - Connect
https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/acti… 1/1
eBook
References
11
Part 2 of 3
8.33 points
Week 4 Homework Help Save & Exit SubmitSaved
Check my work
The following data refers to Huron Corporation for the year 20x2. Sales revenue $2,106,000 Raw-material inventory, 12/31/x1 90,000 Purchases of raw material in 20x2 731,000 Raw-material inventory, 12/31/x2 59,000 Direct-labor cost incurred 473,000 Selling and administrative expenses 268,000 Indirect labor cost incurred 150,000 Property taxes on factory 91,000 Depreciation on factory building 125,000 Income tax expense 25,000 Indirect material used 46,000 Depreciation on factory equipment 60,000 Insurance on factory and equipment 41,000 Utilities for factory 70,000 Work-in-process inventory, 12/31/x1 0 Work-in-process inventory, 12/31/x2 40,000 Finished-goods inventory, 12/31/x1 35,000 Finished-goods inventory, 12/31/x2 40,000 Applied manufacturing overhead 577,500
2. Prepare the company’s schedule of cost of goods sold for 20x2. The company closes overapplied or underapplied overhead into Cost of Goods Sold.
HURON CORPORATION
Schedule of Cost of Goods Sold
For the Year Ended December 31, 20X2
Cost of goods available for sale
Cost of goods sold
Adjusted Cost of goods sold
$ 0
0
$ 0
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