Answer:
181,500 units
Explanation:
Given that
Beginning work in progress inventory = 20,000 units
The department completed and transferred = 165,000 units
Ending period = 22,000 units
Percentage of completion = 75%
The computation of equivalent units is given below :-
Work in progress of ending period
= 22,000 × 75%
= 16,500 units
So, the equivalent units
= 165,000 + 16,500
= 181,500 units
Answer:
6,000 units
Explanation:
We know that
Break even point in units = (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
The selling price would be
= $500 - $500 × 4%
= $500 - $20
= $480
And, the Variable expense per unit is $350
So, the contribution margin per unit would be
= $480 - $350
= $130
So, the break even point in unit should be
= $780,000 ÷ $130 per units
= 6,000 units
Answer:
B. Check the person's credit history to make sure he or she pays debts on time.
Explanation:
Applying for a loan from a bank is when a person wants to borrow money from the bank for his personal requirements. This is also one of the ways a bank does business, incurring interest while also 'helping out' a person in need.
One factor that banks take into consideration for approving a loan to a person is checking the credit history of that person. This means that the bank will investigate the person's credit score and how often he pays his credit bills. Depending on the pattern of the payment, a bank will be able to understand the dependability of the person for a loan's payment.
Thus, the correct answer is option B.
Answer:
$2.51 per unit
Explanation:
The computation of the cost per equivalent unit is shown below:
But before that the equivalent units is to be computed
Equivalent units = units completed + equivalents units in ending inventory
= 8,400 units + (13,200 units × 42%)
= 13,944 units
Now
Cost per equivalent unit = cost incurred ÷ equivalent units
= $34,980 ÷ 13,944 units
= $2.51 per unit
