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sergejj [24]
2 years ago
5

Sunspot Beverages, Ltd., of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits

and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. (The currency in Fiji is the Fijian dollar.)
Assume that the company uses the weighted-average method.
(c) Determine the total cost of ending work in process inventory and the total cost of units transferred to the Bottling Department.
Business
1 answer:
True [87]2 years ago
3 0

The total cost of ending work in process inventory is $87,500 and the total cost of units transferred to the Bottling Department $536,000.

What is weighted average ?

The weighted normal calculation accounts for the various levels of statistical significance among the data points in either a data collection. Each value in this data collection is multiplied by a predetermined weight before the final calculation to produce a weighted normal.

A weighted normal, which gives each figure in a data collection equal weights, can be more accurate than a plain normal.

When calculating a simple normal, also known as the computation mean, all numbers are given equal weight and are scored in reverse, A weighted average's allotted weights,

Here, Equivalent unit of production = 40,000,   conversion = 10,000

         Cost per equivalent unit = $1.80,   conversion = $1.56

Thus,

Cost of ending work in process inventory = $72,000,   conversion = $15,500

Total cost = $87,500

and, units transferred to the next department = 160,000,   conversion = 160,000

Cost per equivalent unit = $1.80,   conversion = $1.56

Thus,

Cost of units completed and transferred out = $288,000,   conversion = $248,000

Total cost = $536,000

So, The total cost of ending work in process inventory is $87,500 and the total cost of units transferred to the Bottling Department $536,000.

Learn more about weighted average method here:

brainly.com/question/14932623

#SPJ4

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Total surplus with a tax is equal to a. consumer surplus minus producer surplus. b. consumer surplus plus producer surplus plus
anygoal [31]

Answer:

Option (b) is correct.

Explanation:

The total surplus is defined as the sum total of producer surplus and consumers surplus. Total surplus with a tax is defined as the combined total of producers and consumers surplus and tax revenue that is earned by the government of a particular nation.

Consumers surplus = Willingness to pay for the product - Actual amount paid for the product

Producers surplus = Actual amount received for the product - Willingness to accept for the product

6 0
3 years ago
An industry leader may be joining the project team and can potentially provide additional expertise. What strategies should the
lesya692 [45]

Answer:

1) Finalizing Project Details

2) Setting Clear Expectation

3) Choosing the right team and system

4) Defining milestones

5) Establishing clear communication

6) Managing project risks

7) Avoiding scope creep

8) Evaluating the project after compilation

Explanation:

The project manager is responsible for achieving the project objectives. The main objectives of project management are:

- Establish clear, useful and achievable goals and establish contacts

- Providing project requirements, such as the workforce, required information, various contracts, materials or technologies required to achieve the project objectives

- Elimination of cost, time, scope and quality constraints of the project management triangle

The project manager is a client representative and with the support of the organization they represent, it is necessary to identify and fulfill the client's needs. Installation ability, cost, time, quality and above all are essential to customer satisfaction.

Main functions:

- To be sure why the project is so important

- Determine the quality of the project products

- Engineer supplies

- time of formation

- Investment, partnership agreement and welding

- Adapt the management plan to the project

- Creation and motivation

- Project risk assessment and change

-Development

- Shareholder management

- Good governance

- Completion of the project

The main strategies which are appeared as result of the actions and functions of the project manager is:

1) Finalizing Project Details

2) Setting Clear Expectation

3) Choosing the right team and system

4) Defining milestones

5) Establishing clear communication

6) Managing project risks

7) Avoiding scope creep

8) Evaluating the project after compilation

7 0
3 years ago
All of the following are qualities of certification programs except:
Rufina [12.5K]

Answer:

A

Explanation:

nor sure but I think this is the right one

6 0
3 years ago
If a drug company is granted a patent on a new medication, which result is possible?
GalinKa [24]

C, is the correct answer

8 0
3 years ago
Manny and Irene will be retiring in fifteen years and would like to buy a Mexican villa. The villa costs​ $500,000 today, and ho
ki77a [65]

Answer:

Annual deposit= $37,714.37

Explanation:

Giving the following information:

The villa costs​ $500,000 today, and housing prices in Mexico are expected to increase by​ 6% per year. Manny and Irene want to make fifteen equal annual payments into an​ account, starting​ today, so there will be enough money to purchase the villa in fifteen years.

The account earns​ 10% per​ year.

First, we need to calculate the final value of the house with the following formula.

FV= PV*(1+i)^n

FV= 500,000*(1.06^15)=$1,198,279.1

Now, we can calculate the annual payments required:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,198,279.1*0.10)/[(1.10^15)-1]

A= $37,714.37

6 0
4 years ago
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