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3 years ago

Refer to the information for Alfombra Inc. below.

Business

1 answer:

Ann [662]3 years ago

4 0

Answer:

<u>cost to be accounted for:</u>

beginning cost: 180,000

added cost 756,000

total cost <em> 936,000</em>

<u>cost accounted for:</u>

ending WIP 30,000 x 5.2 = 156,000

trasnsferred-out: 150,000 x 5.2 = 780,000

total cost accounted for <em> 936,000</em>

Explanation:

150,000 completed

50,000 at 60%

weighted average equivalent unit:

complete + percetage of completion ending WIP

150,000 + 50,000 x 60% = 180,000

Cost per unit:

936,000 / 180,000 = 5.2 dollar per unit

we should match the total cost pool with the ending WIP and trasnferred out units

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<h3>What is walk through inspection?</h3>

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1 year ago

Activities and Cost Drivers For each of the following activities, select the most appropriate cost driver. Each cost driver may

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<u>Cost Drivers:</u>

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1 year ago

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Godart Co. issued $4.5mn notes payable as a scrip dividend that matured in five years. At maturity, each shareholder of Godart's

Ghella [55]

Answer:

$6,750,000

Explanation:

Since it is stated in the question that the 3mn shares will be paid the principal and interest at maturity, and it is not stated the note is compounded, we apply the following simple calculation:

Amount to pay = $4,500,000 + [($4,500,000 × 10%) × 5 years]

= $4,500,000 + [$450,000 × 5 years]

= $4,500,000 + 2,250,000

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Therefore, the amount should be paid to the stockholders at the end of the fifth year is $6,750,000.

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3 years ago

The price of a complementary good changes. __________ Demand shifts Movement along demand Incomes in the economy change; the go

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NOTE: Your question isn't clear, Johnson. Would you mind checking it and writing it in a way you can be better helped?

Meanwhile, I hope these explanation below helps.

Answer and Explanation:

Two goods are said to be complementary goods if an increase in the price of a particular one leads to a commensurate decrease in the demand that buyers placed for the other one.

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3 years ago

Cavern Company's output for the current period results in a $5,250 unfavorable direct material price variance. The actual price

lisov135 [29]

Answer:

3,500 pounds

Explanation:

By applying the below formula we get:

AQ(AP-SP)

USD 5,250 (unfavorable price variance )

USD 5,250/(AP - SP) = AQ

So,

USD 5,250/(USD 56.50 - USD 55.00)

= 3,500

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3 years ago