1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kkurt [141]
3 years ago
11

Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. E

quivalent units have been calculated to be 12,700 units for materials and 10,650 units for conversion costs. Beginning inventory consisted of $8,000 in materials and $8,800 in conversion costs. April costs were $30,000 for materials and $43,612 for conversion costs. Ending inventory still in process was 4,100 units (100% complete for materials, 50% for conversion). The cost per equivalent unit for conversion costs using the weighted average method would be:
Business
1 answer:
ch4aika [34]3 years ago
5 0

Answer:

$4,92

Explanation:

Step 1 Calculate the Total Cost of conversion costs incurred during the process.

<u>Total Cost of conversion costs</u>

Cost of conversion in Beginning inventory  $8,800

Add Cost of conversion for April                  $43,612

Total                                                                $52,412

Step 2 Calculate cost per equivalent unit for conversion costs

cost per equivalent unit = Total Cost of conversion / Total equivalent unit for conversion

                                        = $52,412 / 10,650

                                        = $4,92

Therefore, the cost per equivalent unit for conversion costs using the weighted average method would be $4,92.

You might be interested in
It costs a company $14 of variable costs and $6 of fixed costs to produce product Z200 that sells for $30. A foreign buyer offer
Andrej [43]

Answer:

the net income would be decreased by $3,000

Explanation:

The computation of the net income is shown below;

Total cost is

= $14 + $5

= $19 per unit

And, the Selling price is $18 per unit

Now

Income = Revenue - Cost

= $18 - $19

= -1 per unit

And, finally

Total Income = 3000 units × (-1)

= -$3000

Hence, the net income would be decreased by $3,000

7 0
2 years ago
discuss how the central bank uses the open market operations as a sutible measure of credit control. Explain with respect to bot
Hunter-Best [27]

Answer: By affecting the money in circulation

Explanation:

The central bank uses the open market operations as a sutible measure of credit control by affecting the quantity of money in circulation. It's the central bank that prints money that's being used, to avoid economical unbalance, the central bank has to regulate how the money is circulated in the country. They do this by either selling or buying government securities through open market operations. During this process the purchase government securities from commercial banks and institutions making bank assets free and more cash for loans.

8 0
2 years ago
Assume that you are willing to postpone consumption of​ $1,000 today and buy a certificate of deposit​ (CD) at your local bank w
r-ruslan [8.4K]

Answer:

the amount that should be show more money for spending is $80

Explanation:

The computation of the amount that should be show more money for spending is as follows;

= Certificate of deposit × reward for saving or postponing consumption percentage

= $1,000 × 8%

= $80

hence, the amount that should be show more money for spending is $80

8 0
2 years ago
Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. S
andrew-mc [135]

dave ramsey says debit!!!

5 0
2 years ago
Technician A says that after an accident you should take measures to avoid it in the future. Technician B
Elis [28]
Answer:

a. Technician A
5 0
2 years ago
Other questions:
  • XYZ Corp is doing a study of consumers' use of soap across the US. The questiuonnaire for the sttudy will include questions abou
    6·1 answer
  • EDP is trying to decide between two different conveyor belt systems. System A costs $438,000, has a six-year life, and requires
    10·1 answer
  • The following selected accounts from the Bramble Corp.’s general ledger are presented below for the year ended December 31, 2022
    12·1 answer
  • In 2007, five or six major pharmaceutical companies formed a group in order to control the price of vitamins and adjust their pr
    15·1 answer
  • Which of the following is an instance of stereotyping in advertising?
    9·2 answers
  • 1) Imagine that we have eliminated marketing intermediaries, and you need groceries and shoes. How would you find out where the
    12·1 answer
  • Which of the following is the phenomenon where social users are concerned about privacy but their behaviors contradict theses co
    5·1 answer
  • How is rocks made will give brainliest if right
    13·1 answer
  • Lauren could tell something was not right. She has always thought that sales representatives were always pleasant to the custome
    10·1 answer
  • Alex has accepted an IT position at a new company, and will be leaving her current job in the IT department of a large company.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!