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Tpy6a [65]
3 years ago
5

Use this information about Department A to answer the question that follow. Department A had 4,200 units in Work in Process that

were 76% completed as to labor and overhead at the beginning of the period. 31,400 units of direct materials were added during the period, 33,100 units were completed during the period, and 2,500 units were 29% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for conversion costs for the period was
Business
1 answer:
poizon [28]3 years ago
8 0

Answer:

30,633 units

Explanation:

The number of equivalent units of production for conversion costs for the period using the FIFO method is shown below:

= Beginning work in process units  × remaining percentage + units started and completed units × percentage of completion   + ending work in process inventory units × percentage of completion

= 4,200 units × 24% + 28,900 units  × 100%   + 2,500 units × 29%

= 1,008 units + 28,900 units + 725 units

= 30,633 units

The units started and completed units are come from

= 33,100 units - 4,200 units

= 28,900 units

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Knight Company reports the following costs and expenses in May.
Marina86 [1]

Answer:

A. Consider all indirect manufacturing costs

B. Consider all manufacturing costs

C. Consider non manufacturing costs

Explanation:

A) Manufacturing overhead.

Consider all indirect manufacturing costs

B) Product costs.

Consider all manufacturing costs

C) Period costs.

Consider non manufacturing costs

4 0
3 years ago
Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Digby to pull the produc
anzhelika [568]

Answer:

The total capacity of the market in core products less the Digby's Deft is 10860 thousand units.

Explanation:

In order to completely answer the question, the complete question is found online. This question was missing some table attachments which are attached with it.

From the table, it is first noted that the core products are listed which are as below:

  1. Axe
  2. Bolt
  3. Buzz
  4. Deft
  5. Dim

Now as mentioned in the question, deft is to be ignored so the remaining options are:

  1. Axe
  2. Bolt
  3. Buzz
  4. Dim

Now the capacities of these are included which are found from the table and are as follow:

Axe=2050

Bolt=1040

Buzz=1040

Dim=1300

So the total capacity of 1 shift is

Axe+Bolt+Buzz+Dim=2050+1040+1040+1300=5430 units

As there are two shifts running so the total capacity is 5430x2=10860

So the total capacity of market in core products less the Digby's Deft is 10860 thousand units.

3 0
3 years ago
Profit is only a liability for the business. Can you justify this?​
lara31 [8.8K]

Answer:

A growing company may not be earning any profits yet, but may nevertheless provide a great investment opportunity.

Other times, a lack of profitability can be a huge red flag that something is wrong with the firm.

Explanation:

3 0
3 years ago
Michael Pollan discusses ""industrial organic"" agricultural systems in The Omnivore’s Dilemma. What is / are characteristic(s)
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Answer:

The characteristics of industrial organic agriculture are:

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Explanation:

Pollan's book discusses how modern individuals have a disconnection between food and knowledge. Modern individuals just pick up their food and practically don't know anything about how that food got reached our tables.

6 0
3 years ago
Select all that apply Workplace diversity benefits:
padilas [110]
Workplace diversity benefits the employers

According to data, employers who have a wide diversity in their employees tend to :
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3 0
3 years ago
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