Answer:
The unit costs for materials is $1.62 per unit
The unit costs of conversion costs is $2.13 per unit
Explanation:
In determining the the unit production costs for materials and conversion costs, it is very important to calculate equivalent number of units applicable to materials as well as the one applicable to conversion costs
Equivalent units for materials
Completed units 40000 @100% complete 40000
Ending inventory [email protected] 100% complete <u>20000</u>
<u>60000</u>
Equivalent units for conversion costs
Completed units [email protected]% 40000
Ending inventory 20000 @ 30% complete <u>6000</u>
<u>46000</u>
unit production costs of materials=$96960/60000=$1.62 per unit
unit production costs of conversion costs=$97860/46000=$2.13 per unit
Answer:
2. Only counting final goods
Explanation:
When defining national income accounting and terminolgies, emphasis is always laid on "...total value of FINAL goods...". This is as a result of avoiding double counting. If intermediate goods were counted alongside final goods, it would be double counting because intermediate goods are used in producing those final goods. Final goods are good meant for final consumption. The other method used in avoiding double counting ( counting of the value of the same product more than once) apart from counting final gooda is Value added approach.
Answer:
Explanation:
As the only operator of this kind in South Africa, the Post Office has the exclusive right to provide delivery services for all letters, postcards, printed matter, small parcels, and other postal articles up to and including 1kg.
PostNet was initially ordered to stop delivering all packages weighing 1kg and less by 17 March 2020. However, it secured an interdict which allowed it to continue to deliver these packages until the full challenge was heard in the Gauteng High Court.
The Post Office, Postnet and the South African Express Parcel Association (SAEPA) are now set to head to court in a move that could have ramifications for the entire courier industry in South Africa.
Icasa spokesperson Paseka Maleka told BusinessDay that the regulator would give its support to the Post Office as it was following the letter of the law, which allowed private couriers to only deliver food items in the 1kg or less category.
“Icasa’s mandate is to implement what the law requires, and we are doing exactly that,” he said.
“There are exemptions that deal with businesses that do not fall under postal services. Uber Eats, Mr Delivery, etc are such businesses. Obviously, one cannot expect Sapo to be delivering pizza to a consumer,” he said.
False. Here, the potential employer either calls or emails you "regarding the interview" not to have an actual interview" which is typically done face to face and in person. The employer asks the potential employee questions related to the job position to find out if he/she is qualified for the position,. Additionally, this allows the employer an opportunity to "see" this person, which is helpful for further evaluation.
Answer:
Product LN JQ RQ
Ranking 1st 2nd 3rd
Explanation:
<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource
.</em>
<em>Jordision should rank rank its products using contribution per minute of constraint</em>
<em>Ths is done as follows:</em>
\Product LN JQ RQ
Selling price 161.72 50.32 468.25
Variable cost <u>(118.94) (241.42) (342.92)</u>
Contribution (a) 42.78 108.9 125.33
Minute (b) <u> 2.30 6.60 8.30</u>
Contribution/minute($)a/b 18.6 16.5 15.1
Ranking 1st 2nd 3rd
