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Inessa05 [86]
3 years ago
12

The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3

,800 units that are 100% complete as to materials and 25% complete as to conversion costs; units transferred out 9,700 units; and ending work in process 8,300 units that are 100% complete as to materials and 46% complete as to conversion costs. Compute the equivalent units of production for (a) materials and (b) conversion costs for the month of November.
Business
1 answer:
Paul [167]3 years ago
6 0

Answer and Explanation:

The computation of the equivalent units of production for both material and the conversion cost is shown below:

Particulars                                           Materials         Conversion costs

Unit transferred out                                9,700                            9,700

Add:

Ending work in process                         8,300                            3,818

                                                     (8300 × 100%)               (8,300 × 46%)

Total equivalent unit                               18,000                         13,518

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A customer buys shares of a stock that had its initial public offering 5 years ago. Which statement is TRUE regarding prospectus
Luda [366]

Answer:

A prospectus is not required because the initial public offering happened 5 years ago

Explanation:

A prospectus is a legal document which is to be filled by Securities and Exchange Commission (SEC) that reflects the details with respect to the investment offering to the public in terms of stocks, bond, mutual funds, etc

On the other hand the initial public offering is the offering done by the company for the first time to the public related to the investment

Since in the question it is mentioned that the customer purchased the shares of stock but its initial public offering is done 5 years ago so no prospectus is required

3 0
3 years ago
What is moral muteness? Why do you think an advertising professional might experience this phenomenon?
SpyIntel [72]

Answer: See explanation

Explanation:

Moral muteness occurs when as individuals in the society, we choose not to speak up when we witness an unethical behavior by someone. Even though such issues don't go along with the moral beliefs of the person who witnessed it, he or she decides not to speak against it.

An advertising professional might experience this phenomenon because of the fear of the fear of the fact that speaking up might affect his or her chance of selling the product to the person with the unethical behavior and also due to fear of losing ones job.

7 0
3 years ago
One of the largest changes in the economy over the past several decades is that technological advances have reduced the cost of
umka21 [38]

Explanation:

Over the past several decades, advances in technology, greatly reduced the cost of making computers which resulted in the decline of the equilibrium price of  computers and also resulted in increased equilibrium quantity. The reduction in the computer prices also caused an increase in the consumer surplus.

computer price down -> equilibrium price down

computer price down -> equilibrium quantity up

computer price down -> consumer surplus up

The producer surplus increases due to increase in quantity and at the same time producer surplus decreases due to decrease in price.

computer price down ->  producer surplus down

computer quantity up -> producer surplus up

8 0
3 years ago
Vanessa contributed $20,000 of cash and land with a fair market value of $100,000 and an adjusted basis of $40,000 to Cook, Inc.
IRISSAK [1]

Answer:

Vanessa's tax basis in cook inc.           $50,000

Explanation:

Given:

Cash = $20,000

Fair market value = $100,000

Adjusted basis = $40,000

Mortgage executed = $30,000

Now,

For the tax basis

             cash                                          $30,000

add;      Land ( adjusted basis )             $40,000

less ;     Mortgage                                  $20,000

============================================

Vanessa's tax basis in cook inc.           $50,000

============================================

6 0
3 years ago
Luis follows a lot of news sources in his industry. He subscribes to several blogs written by industry experts, and updates are
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Answer:

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3 0
3 years ago
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