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3 years ago

Under the weighted-average method, the cost of units transferred out of a department is computed as follows for a cost category:

Business

1 answer:

Roman55 [17]3 years ago

5 0

Answer:

B. Units transferred to the next department × Cost per equivalent unit

Explanation:

Cost per equivalent unit refers to the cost of each completed unit possible.

As there is not only the units which are complete, but newly introduced and those in work in progress, and therefore, the cost of each equivalent unit is calculated so that it computes the cost for each unit.

Accordingly, all the units which are completed and transferred to another department are complete and the equivalent cost of completion of each unit shall be allocated to those units.

Therefore, correct option is:

Option B.

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Harrizon [31]

Answer:

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Explanation:

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3 years ago

A worksheet contains sales dollars for agents with your company. The values are $1,250, $1,090, $985, $985, $880, $756, $675, $6

ivolga24 [154]

Answer:We use the Large Function. the general formula is =LARGE(first cell:last cell,3) .Please refer to the explanation section for details

Explanation:

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3 years ago

All of the following are true of the real interest rate except it Is equal to the nominal interest rate minus the anticipated ra

Lynna [10]

Answer:

Equals the foreign exchange rate minus the inflation rate.

Explanation:

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It is expressed as

Nominal interest rate = Real interest rate + rate of inflation

Real interest rate is considered to be a better measure since it is adjusted for rate of inflation.

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3 years ago

Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which in

Nady [450]

Answer:

Amount Debit($) Credit($)

Assets

Cash 37,641

Office Supplies 890

Prepaid Insurance 4,600

Office Equipment 12,900

Liabilities

Accounts Payable 12,900

Equity

Y. Min, Capital 18,000

Y. Min, Withdrawals 3,329

Revenue

Engineering Fees Earned 36,000

Expenses

Rent Expense <u>7,540</u>

Total 66,900 66,900

Explanation:

Trial Balance sheet includes all the accounts available in ledger.

Assets, Liabilities, Equity Revenue and expenses are added, however they are not given in our case

Amount Debit($) Credit($)

Assets

Cash 37,641

Office Supplies 890

Prepaid Insurance 4,600

Office Equipment 12,900

Liabilities

Accounts Payable 12,900

Equity

Y. Min, Capital 18,000

Y. Min, Withdrawals 3,329

Revenue

Engineering Fees Earned 36,000

Expenses

Rent Expense <u>7,540</u>

Total 66,900 66,900

4 0

3 years ago