Answer: When computing the cost per equivalent unit, the weighted-average method of process costing considers: C) costs incurred during the current period plus cost of beginning work in process inventory.
Explanation: This is because the weighted-average method takes into account the costs of the previous period and the costs of the current period.
Answer:
The answer is: A) Produce the products with the highest contribution margin per unit of constrained resource.
Explanation:
Follow my example:
A brewery produces two types of beer; dark and light. They share the same ingredients, malt and wheat. You can get all the wheat they need but only 500 units of malt.
- Dark beer needs 2 units of malt and they can earn a $3 profit per bottle.
- Light beer needs 1 unit of malt and they can earn a $2 profit per bottle.
Your total production can be 250 dark beers with a $750 profit, or 500 light beers with a $1,000 profit.
You should only produce light beer since your contribution margin per unit of malt is $2, while dark beer's contribution margin per unit of malt is $1.50
Answer:
People have become more health conscious.
Explanation:
I paased this lesson with an 100%.
Manufacturers that engage in this type of speculative production often need short-term financing to do all of the following except buy equipment.
The term "short-term finance" refers to funding requirements for a brief period, often less than a year. It is often referred to as working capital finance in firms. This kind of financing is typically required because of the inconsistent cash flow into the firm, the seasonal nature of operations, etc.
Small business owners can access the cash they need to pay unexpected bills, bridge cash flow gaps, purchase inventory, or seize business opportunities with the aid of short-term business loans.
To more about Short-term financing here
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