Answer:
64,330 units
Explanation:
The computation of the equivalent units of production for conversion costs is shown below:
= Units started and completed units × completion percentage + ending work in process units × completion percentage - beginning work in process units × completion percentage
where,
Units started and completed units = 1,900 units + 65,000 units - 7,300 units
= 59,600 units
Now the equivalent units of production for conversion costs is
= 59,600 units + 7,300 units × 70% - 1,900 units × 20%
= 59,600 units + 5,110 units - 380 units
= 64,330 units
A sunk cost when the firm is considering exit is the cost which is being incurred already and is unavoidable.
<h3>What is a Sunk Cost?</h3>
A sunk cost is a type of expenditure which the firm incurs and there is no way to avoid this cost, and the expenditure is incurred already and the next decision taken will have no impact on this expenditure.
For example the sunk cost can be:
Rent - no matter how much of area is being used but the rent for whole area is being paid.
Wages - No matter how much units are produced but the wages are paid.
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Answer:
Answer for the question:
A hospital conducted a study of the waiting time in its emergency room. The hospital has a main campus and three satellite locations. Management had a business objective of reducing waiting time for emergency room cases that did not require immediate attention. To study this, a random sample of 15 emergency room cases that did not require immediate attention were selected at each location on a particular day, and the waiting times were collected and stored – see dataset ERWaiting (the same dataset in both 13th and 14th edition, use either one). a) At the 0.05 level of significance, is there an evidence of a difference in the mean waiting times in the four locations? b) If appropriate, determine which pairs of locations differ in mean waiting time. c) At the 0.05 level of significance, is there an evidence of a difference in the variation in waiting times among the four locations
is explained in the attachment.
Explanation:
Answer:
Peridot should report net cash outflows from investing activities of $26 million
Explanation:
Prepare a Cash flow from Investing Activity Section as follows :
<u>Cash flow from Investing Activity </u>
($ in millions)
Purchase of Machinery (31)
Proceeds from Sale of land 92
Purchase of Office Equipment (87)
Net Cash Flow from Investing Activities (26)
The Section only includes Activities relating to Capital Expenditure