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Alex
4 years ago
14

March 1, 2017, Alpha Company's beginning work in process inventory had 8,000 units. This is its only production department. Begi

nning WIP units were 50% complete as to conversion costs. Alpha introduces direct materials at the beginning of the production process. During March, a total of 15,000 units were started and a total of 20,000 units were completed. Alpha's ending WIP inventory had 3,000 units which were 70% complete as to conversion costs. Alpha uses the weighted average method. Use this information to determine for March 2017 the equivalent units of production for conversion costs. (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units)
Business
2 answers:
Natali [406]4 years ago
5 0

Answer:

Beginning units          8000 Transferred out 20,000

Started intro production 15000   Ending units          3,000

                                       23000                          23000

Equivalent units             Material                    Conversion  

Units transferred          A         20000                20000  

Ending Units                           3,000                  3,000  

Completion                           100%                     70%  

B                                           3000                     2100  

Total units                         23000                    22100

Nikolay [14]4 years ago
4 0

Answer:see attached file

Explanation:

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The following data values represent the daily amount spent by a family during a summer vacation. find the sample standard deviat
Mama L [17]

The sample standard deviation of this dataset is =19.1.

The Standard deviation is a degree of the amount of variant or dispersion of a set of values. A low widespread deviation indicates that the values tend to be near the mean of the set, at the same time as a high widespread deviation indicates that the values are spread out over a much wider variety.

x x- \bar x=x-101 (x-ˉx)2

96     -5                          25

125     24                        576

80     -21                     441

110     9                          81

75    -26                   676

100      -1                         1

121        20                    400

∑x=707 ∑(x-\bar x)=0 ∑(x-\bar x)2=2200

Mean \bar x =∑x/n

=96+125+80+110+75+100+121/7

=707/7

=101

Sample  standard deviation S=√∑(x-\bar x)2/n-1

=√2200/6

=√366.6667

=19.1

Learn more about standard deviation here:-brainly.com/question/475676

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4 0
1 year ago
On May 7, Jernigan Company purchased on account 640 units of raw materials at $15 per unit. During May, raw materials were requi
Tema [17]

Answer:

Date               Account Title                                              Debit               Credit

May 7             Materials                                                 $9,600

                      Accounts Payable                                                            $9,600

<u>Working:</u>

= Units purchased * cost per unit

= 640 * 15

= $9,600

As the goods were purchased on account, they will be sent to accounts payable. Materials are assets so they will be debited when acquired.

3 0
3 years ago
You just won the grand prize in a national writing contest! As your prize, you will receive $500 a month for 50 months. If you c
max2010maxim [7]

Answer:

<u>Prize is $22,071.39 worth today</u>

Explanation:

Present value of Annuity = A*[(1-(1+r)^-n)/r]

A - Annuity payment = 500

r - rate per period = 6/12 = .5%

n - no. of periods = 50

Present value of Annuity = 500*[(1-(1.005)^-50)/.005]

= 500*[(1-0.77928606825)/.005]

= 500*44.14278635

= $22,071.39

3 0
3 years ago
How to paraphrase this information
Bumek [7]

When paraphrasing, you must summarize the info without losing any of the key points.

You could say "Please submit your <u>budget requirements</u> for <u>major purchases </u>in order of highest <u>priority </u>to lowest priority to assist in <u>annual planning</u>."

This sentence hits all of the key elements more succinctly.

5 0
3 years ago
1. If the government decides to subsidize the production of a good, the result would be a decrease in the equilibrium price and
Crazy boy [7]

Answer: False

Explanation:

When the government subsidies production of a good, it leads to a rise in the supply of the good. The supply curve shifts down to the right leading to a <em>fall in the price level</em>. But the <em>equilibrium quantity increases</em>.

Thus, the given statement is false that if the government decides to subsidize the production of a good, the result would be a decrease in the equilibrium price and a decrease in the equilibrium quantity.

7 0
3 years ago
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