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kompoz [17]
3 years ago
12

Chen Corporation, a new company, adds material at the beginning of its production process; conversion

Business
1 answer:
gladu [14]3 years ago
5 0

Answer:

Option C is Correct ($56,400)

Cost of the company's ending work-in-process inventory=$56,400.

Explanation:

Option C is Correct ($56,400)

Given:

Ending Work in process=2000 units

Conversion= $22

Material= $15

Completed units=15,000 units

Required:

Cost of the company's ending work-in-process inventory=?

Solution:

Material Cost= $15

Conversion Cost= $22 *60%

Conversion Cost= $13.2

Total Cost=Material Cost+Conversion Cost

Total Cost=$15+$13.2

Total Cost= $28.2

Cost of the company's ending work-in-process inventory=Ending Work in process*Total Cost

Cost of the company's ending work-in-process inventory=2000*28,2

Cost of the company's ending work-in-process inventory=$56,400.

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The US agricultural sector experienced a severe drought in 2012. A drought decreases the supply of agricultural products, which
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Answer:

True

Explanation:

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This is simply because there are more products and more sellers, and this will result in more supply.

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3 years ago
There are more corporations in this country than any other business structure.<br> OTrue<br> O False
Ket [755]
It would be false, Shareholders in a corporation are legally considered partial owners of the corporation.
6 0
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This introduces an applicant and the applicants resume to a potential employer
MrRa [10]

Answer

B. Cover Letter

Explanation

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3 0
2 years ago
Why delegate authority and not responsibility​
MArishka [77]

Answer:

Authorities can be assigned, but never delegated obligations. Subordinates are responsible for "results" and managers are responsible for their subordinates ' actions. You can't be held responsible for a mission if you have little competence.

Explanation:

The delegation lets you pass the power to professional team members to work on more urgent matters. But you are still responsible for doing these in the right way. It is therefore necessary to periodically track the status or interact with the team member

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2. The power may be delegated but never assigned responsibility. Subordinate accountability is "efficiency" and managers are "responsible for their subordinates ' activities."

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8 0
2 years ago
Which of the following statements is CORRECT?a. Two firms with the same expected free cash flows and growth rates must also have
brilliants [131]

Answer:

.b. It is appropriate to use the constant growth model to estimate a stock's value even if its growth rate is never expected to become constant

TRUE The multi-stage valuation considers different grow rates for the subsequent years

Explanation:

a. Two firms with the same expected free cash flows and growth rates must also have the same value of operations

FALSE as their cost of capital can differ.

c. If a company has a weighted average cost of capital WACC = 12%, and if its free cash flows are expected to grow at a constant rate of 5%, this implies that the stock's dividend yield is also 5%.

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d. The value of operations is the present value of all expected future free cash flows, discounted at the free cash flow growth rate

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8 0
2 years ago
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