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4 years ago

What describes the nature of cause and effect in the context of the business cycle?

1 answer:

8 0

Cause and effect in the context of business cycle refers to actions done for a project in the business. Cause and effect may also refer to the stocks or market proceeds (e.g. Because of ____________, the proceeds were higher/lower).

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At the beginning of the month, the Painting Department of Skye Manufacturing had 30,000 units in inventory, 70% complete as to m

VikaD [51]

Answer:

Cost per equivalent unit of material = $2.20 per unit

Cost per equivalent unit of conversion = $4 unit

Explanation:

The computation of Cost per equivalent unit of material, Cost per equivalent unit of conversion is shown below:-

For computing the cost per equivalent first we need to find the equivalent unit of material which is below:-

= Transferred units + ( Department units × Material percentage)

= 135,000 + (20,000 × 40%)

= 135,000 + 8,000

= 143,000

So, the Cost per equivalent unit of material = (Beginning material cost + Current month material cost) ÷ Equivalent unit of material

= ($32,400 + $282,240) ÷ 143,000

= $314,640 ÷ 143,000

= $2.20 per unit

Now, For computing the Cost per equivalent unit of conversion first we need to find the equivalent unit of conversion cost which is below:-

= Transferred units + ( Department units × Conversion percentage)

= 135,000 + (20,000 × 15%)

= 135,000 + 3,000

= 138,000

So, the Cost per equivalent unit of conversion = (Beginning conversion cost + Current month conversion cost) ÷ Equivalent unit of conversion cost

= ($6,250 + $544,700) ÷ 138,000

= $550,950 ÷ 138,000

= 3.99

or $4 unit

8 0

3 years ago

The current asset section of Stibbe Pharmaceutical Company’s balance sheet included cash of $34,000 and accounts receivable of $

Alexxandr [17]

Answer:

Ending balance in inventory= $22,000

Current liabilities= $88,000

Explanation:

The current assets section of stibblr pharmaceutical company included cash of $34,000 and accounts receivables of $54,000

The company's current ratio is 2.5

The acid test ratio is 2.0

Acid test ratio = cash + account receivables /current liabilities

2.0= ($34,000+$54,000)/current liabilities

2.0= 88,000/current liabilities

Current liabilities = 88,000/2

= $44,000

Current ratio= cash + account account receivables + inventory /current liabilities

2.5= $34,000+$54,000 + inventory/$44,000

2.5= $88,000+Inventory /44,000

2.5×44,000= 88,000 + inventory

110,000= 88,000 + Inventory

Inventory = $110,000-88,000

= $22,000

Hence the current liabilities is $88,000 and inventory is $22,000

3 0

4 years ago

Expectancy theory suggests that managers must recognize employees work for a variety of reasons, these reasons may change over t

lana66690 [7]

TRUE

Explanation:

Managers appoint employees because they are able to produce work.
It is mandatory for a manager to keep recognition because task..
It could be monotonous,hard and the learning curve of this employee.
Existing employee can complete the task much faster, new ones.
Manager has to give champions of the month,spot award, golden.
Award it gives the employee that exponential boost and happiness.
Those things can change over time depending on the business.
If Manager in a particular business doesn't require recognition.
Manager provides promotion,salary, hike, bonus and others.
This self of awareness employee is comfortable, with Manager.
For a long time.

7 0

4 years ago

Which of the following will you see in a

ch4aika [34]

I think the awnser is d

6 0

2 years ago

Comparing costs under ABC to traditional plantwide overhead rate LO P1, P3 Smythe Co. makes furniture. The following data are ta

erastovalidia [21]

Answer:

Chairs= $2.805

Tables= $2.25

Explanation:

Giving the following information:

Hazardous waste disposal costs= $630,000

Production:

Chairs= 211,000

Tables= 17,000 units

Direct labor hours required:

Chairs= 254,000 DLH

Tables= 16,400 DLH

Total DLH= 270,400

First, we need to calculate the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 630,000/ 270,400

Estimated manufacturing overhead rate= $2.33 per direct labor hour

Now, we can allocate overhead to each product line:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Chairs= 2.33*254,000= $591,820

Tables= 2.33*16,400= $38,212

Finally overhead per unit:

Chairs= 591,820/211,000= $2.805

Tables= 38,212/17,000= $2.25

3 0

3 years ago