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S_A_V [24]
3 years ago
8

At the beginning of the recent period, there were 900 units of product in a department, one-third completed. These units were fi

nished and an additional 5,000 units were started and completed during the period. 800 units were still in process at the end of the period, one-fourth completed. Using the Weighted Average valuation method, the equivalent units produced by the department were:
a. 6700 units
b. 5900 units
c. 5800 units
d. 6100 units
e. 8500 units
Business
1 answer:
otez555 [7]3 years ago
6 0

Answer:

5,500 units

Explanation:

Given that

Beginning units = 900 units out of one third is completed i.e = 300 units

Started and completed units = 5,000 units

Ending units = 800 units out of one fourth is completed = 200 units

So, according to the weighted average valuation method, the equivalent units is

= 300 units + 5,000 units + 200 units

= 5,500 units

This is the answer but the same is not provided in the given options

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Answer:

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The market analysis part talks about the target clients. The sections give detailed data on the industry, including competitors, market performance, and prevailing trends. It describes customers in the target industry.

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What is the historical development of accounting​
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3 years ago
Justin, a real estate salesperson with City Brokerage, received a referral fee after referring a client to Mark, another real es
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8 0
3 years ago
Kate and Bill secured a loan with a 75% loan-to-value ratio. The interest rate was 7.125% and the term was for 30 years. The fir
Volgvan

An appraised price is an evaluation of a property's fee-based totally on a given factor in time.

An appraised cost is an evaluation of a property's value based totally on a given factor in time. The evaluation is accomplished by means of a professional appraiser for the duration of the mortgage origination technique. The appraiser is normally selected by way of the lender but the appraisal is paid for by way of the borrower.

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4 0
1 year ago
On January 1, Year 3, Wayfarer Co.'s assets were $330,000 and its stockholders' equity was $146,000. During the year, assets inc
cricket20 [7]

Answer:

The Balance of stockholder's equity at December 31 Year 3 is $180000.

Explanation:

The basic accounting equation states that Assets are always equal to the sum of Liabilties and Equity.

Thus, the equation can be written as:

Assets = Liabilities + Equity

The libilities at the start of the year were,

330000 = Liabilities + 146000

Liabilities = 330000 - 146000 = $184000

If Liabilities at the end were 16000 less than at start, Closing balance of Liabilities will be 184000 - 16000 = $168000

The Closing balance of assets will be 330000 + 18000 = $ 348000

The closing balance of Stockholder's equity at Dec 31 Year 3 is:

348000 = 168000 + Equity

Equity = 348000 - 168000 = $180000

8 0
3 years ago
Read 2 more answers
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