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Answer: $78000
Explanation:
First, we have to calculate the total.costnoer equivalent unit which will be the addition of the material cost per unit and the conversion cost per unit. This will be:
Material cost per unit = $220,000 / (40,000+15,000)
= $220,000 / 55000
= $4
Conversion cost per unit= $414,000 / (40,000 + (15,000*40%)
= $414000 / 46000
= $9
Therefore, total cost per equivalent unit will be: $4 + $9 = $13
Then, the equivlant unit of the ending work in process would be calculated as:
= 15,000 × 40%
= 15000 × 40/100
= 15000 × 0.4
= 6,000
The cost of the ending work in process will then be:
= 6,000 × $13
= $78,000
Answer:
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Explanation:
The<em> rebate</em> is an amount that the store will return to Jorge after he has paid and is calculated over the price but not over the sales tax.
Then, since the $ 789.37 paid include the 6% sales tax, to calculate the rebate, you first must calculate the sales tax and reduce it from the total paid.
<u>Calculation of the sales tax</u>:
- $ 789.37 = value of the items purchased + sales tax
- $ 789.37 = value of the items purchased + 6% of value of the items purchased
- $ 789.37 = value of the items purchased + 0.06 × value of the items purchased
- $ 789.37 = value of the items purchased × 1.06
- $ 789.37 / 1.06 = value of the items purchased
- $ 744.69 = value of the items purchased
<u>Calculation of the rebate</u>:
- Rebate = 11% of value of the items purchased
- Rebate = $ 81.92 ← answer
Answer:
Standard Cycle market.
Explanation:
Standard Cycle Markets are markets where the imitation of the products that a competitor sells is very difficult and expensive. In case of bottled water, The scope of innovation is very low and thus the it is very difficult for any company to gain competitive advantage over its competitors in such markets. Therefore, Bottled Water market is considered as the most appropriate example of 'Standard Cycle Market'.
I feel like we should but your teachers want more education time at my school we have 40 minutes of P.E
