Answer:
67,840 units
Explanation:
The computation of the equivalent units for material by using the FIFO method is shown below:
<u>Particulars Unit Percentage completion Equivalent units</u>
Opening
inventory 4,000 units 50% 2,000 units
Completed
& transferred
(67,000
- 5,800) 61,200 units 100% 61,200 units
Closing
inventory 5,800 units 80% 4,640 units
Total 67,840 units
Answer:
the company purchase is $94,000
Explanation:
The computation of the total amount of the company merchanise purchase for the month is shown below:
Cost of goods sold = Beginning merchandise inventory + Purchases − Ending merchandise inventory
$92,000 = $14,000 + Purchase - $16,000
So, the purchase is
= $92,000 + $16,000 - $14,000
= $94,000
Hence, the company purchase is $94,000
Answer:
B. Target costing forces design engineers to explicitly consider the costs of manufacturing and other aspects of business that traditionally fall outside the engineering department
Explanation:
Target costing needs the design engineers to be active in meeting their customers projection, but it must be inside the target cost requirements. Engineers can not afford to just have their attention on the function and form of design, they must also observe cost under Target costing.
Answer:
Inflation refers to the general rise in price levels of goods and services in an economy.
2014 Inflation;
= 4.7%
2015
= 4.39%
2016
= 3.48%
2017
= 5.39%
Positives:
Credit card rewards.
Fraud protection.
Travel benefits
Negatives:
Interest charges.
Late fees.
Potential for credit damage.
