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JulsSmile [24]
3 years ago
6

Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Eq

uivalent units of production for the year are: Beginning inventory of Work in Process (40% complete, $1,100) 200 units Ending inventory of Work in Process (80% complete) 400 units Total units started during the year 3,200 units Select one:
a. 3,200 units.
b. 3,320 units.
c. 3,240 units.
d. 3,520 units.
e. 3,800 units.
Business
1 answer:
o-na [289]3 years ago
3 0

Answer:

The correct answer is C. 3240 units.

Explanation:

The calculation of Equivalent units of production for the year is given below.

Add

Begining inventory               = 60% * 200         = 120 units

completed in this period

Units put in process                                         = 3200 units

Less

Un-complete closing         =  20% * 400       =  (80 units)

stock

Equivalent units                                           =    3240

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Suppose you have a production technology that can be characterized by a learning curve. Every time you increase production by on
serious [3.7K]

Answer:

a) Learning Costs Curve:

Quantity       Marginal           Total Cost ($)             Average Cost (Units)

                      Cost ($)                                                   ($/unit)

      1                $76                        $76                        $76

      2               $70                        $146                       $73

      3               $64                        $210                       $70

      4               $58                        $268                      $67

      5               $52                       $320                      $64

      6               $46                       $366                      $61

b) For a request for proposal for two units,  the break-even price for the two units is $146 ($73 per unit).

c) For two more units, the break-even price for them alone is $122 ($268 - $146).  Each unit's break-even price will be $61 ($122/2).

Explanation:

a) A break-even price is a price that is equal to the total cost.  At break-even, there is no profit and there is no loss.  The total cost equals total revenue.

b) The learning cost curve shows how the "marginal cost decreases as a result of an increase in production by one unit."  This curve can be illustrated graphically to show how the marginal and average costs reduce as a result of the increase in the quantity produced.

3 0
4 years ago
How did huey long's plan to limit incomes violate the free enterprise system?
zhenek [66]
Huey Long guaranteed a free training through school and benefits for the matured, which he can't do on the grounds that it is the administration's business to settle on these choices. He likewise he raised duties to make healing facilities to take into account poor people and enhance ignored streets and scaffolds inside the state
5 0
3 years ago
Which of the following types of insurance allows individuals to keep a former employer's group coverage for a set period of time
nordsb [41]

Answer:

group health insurance

6 0
3 years ago
An individual deposits an annual bonus into a savings account that pays 6% interest compounded annually. The size of the bonus i
Natasha_Volkova [10]

Answer:

Immediately after the fifth deposit the individual will have $54,950 in his account.

Explanation:

For each year you have to calculate the total savings that the indivual has in the account.

The first year, denoted by Y_{0}, the individual deposits $20,000 in his account. At the end of the year the interests are accrued on that principal, and the individual also deposits $5,000 more that will bear interests next year. So we have:

Y_{0}=$20,000

Y_{1}=$20,000*(1+0.06)+$5,000 = $26,200

And for each year we calculate the total savings accumulated, using the savings of the previous year as this period's principal:

Y_{2}=$26,200*(1+0.06)+$5,000 = $32,772

Y_{3}=$32,772*(1+0.06)+$5,000 = $39,738.32

Y_{4}=$39,738.32*(1+0.06)+$5,000 = $47,122.62

Y_{5}=$47,122.62*(1+0.06)+$5,000 = $54,949.98

Therefore the answer is $54,949.98.

In general the formula used for each period is the following:

P_{n} = P_{n-1}*(1+r)+D

Where:

P_{n} are the total savings for the current period,

P_{n-1} are the total savings from last period,

r is the interest rate,

D are the monthly deposits made into the savings account.

We further know that P_{0}=$20,000.

4 0
4 years ago
The cost of common stock equity may be estimated by using the​ ________. A. DuPont analysis B. breakminuseven analysis C. capita
kiruha [24]

Answer: Option C

Explanation: Capital asset pricing model is a method of computing cost of equity an entity has to bear for financing its projects.

It can be shown as following :-

Ke = Rf + β * (ERm - Rf)

where,

Rf = risk free rat

β = beta of the investment

ERm = expected rate of return

Ke     = cost of equity

Hence, the correct option is C

5 0
4 years ago
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