1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
joja [24]
4 years ago
6

The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processin

g department. The company's ending work in process inventory on August 31 consisted of 18,000 units. The units in the ending work in process inventory were 100% complete with respect to materials and 50% complete with respect to labor and overhead. If the cost per equivalent unit for August was $2.75 for materials and $4.25 for labor and overhead, the total cost assigned to the ending work in process inventory was:
Business
1 answer:
Dimas [21]4 years ago
5 0

Answer:

The correct answer is "$87,750".

Explanation:

In process inventory, the overall cost allocated to the final job would be:

⇒ Sum \ of \ material +labour \ material

⇒ 18000 \ units

The unit of ending were 100%

⇒ 2.75 = 45,500 ($)

Labor = 18000\times 50 \ percent \times 4.25

          = 38,250 ($)

In process inventory, the overall cost allocated to the final job would be:

⇒  Material+Labor

⇒  49,500+38,250

⇒  87,750 ($)

You might be interested in
Which of the following scenarios illustrates cost-push inflation?(1 point)
Crazy boy [7]

Answer:

1. Inflation is best described as _____.

- an upward, general trend of prices in the economy

2. Which of the following scenarios illustrates cost-push inflation?

- An increase in the price of raw materials decreases aggregate supply, pushing prices higher throughout the economy.

3. The Consumer Price Index in 2018 was 251. In 2019, the CPI rose to 257. Calculate the inflation rate from 2018 to 2019. Round your answer to the nearest tenth of a percent.

- 2.4%

4. The Consumer Price Index of any given year provides _____.

- the relative price of a basket of consumer goods as compared to base year prices

5. The rate of inflation in a hypothetical economy is projected to be 1.5% in the coming quarter. Given this information, the Federal Reserve is likely to _____.

- make efforts to raise the inflation rate because 1.5% is below the desired rate of inflation

Explanation:

Mark me braliest

These are 100% correct

3 0
3 years ago
In the context of organizational environments, which of the following is true of mechanistic organizations? a. They are characte
Natalka [10]

Answer:

The correct answer is B

Explanation:

Organizational environment is the environment which is comprise of the forces that surrounds the firm which affect the resources, performance and operations.

Mechanistic structure, it is also called as the structure of bureaucratic, which is defined as the organizational structure which is grounded on the centralized and the formal network. It is characyerized through the particular responsibilities as well as jobs. Under this structure, it is easy as well rarely needs to changed when the firm operates in an environment which is stable.

8 0
3 years ago
Transformational leaders use four key kinds of behaviors that affect followers. paul vallas exhibits _________ as he explains hi
Ghella [55]
 Paul Vallas exhibits inspirational motivation  as he explains his "vision of the future" in this opening segment.To make his strategic vision a reality, Paul Vallas is seeking teachers who are committed to the vision. This follows from the fact that f<span>or transformational change to occur, followers must be committed to the leader's strategic vision of the future.</span>
3 0
3 years ago
Geoff is a sales representative for a magazine distribution company. His sales have been down the past two months but he has ana
Svetlanka [38]

Answer:

Resilience.

Explanation:

In business, Geoff is demonstrating an ability termed resilience to recover from his low sales and not only adapt but offering post disaster strategies to prevent low sales. By demonstrating resilience, Geoff could bounce back from such a setback.

5 0
3 years ago
Spiffs is a slang word for dollars paid by manufacturers or distributors to retailers/retailers’ sales forces in order to motiva
Eddi Din [679]

Answer:

True, spiff is the actual word

Explanation:

A spiff, or spiv is slang for an immediate bonus for a sale. Typically, spiffs are paid, either by a manufacturer or employer, directly to a salesperson for selling a specific product.

5 0
4 years ago
Other questions:
  • In a command economy, the head of each household makes the fundamental economic choices such as what to produce and how to produ
    9·1 answer
  • Suppose society consists of four individuals: Andy, Bill, Carl, and David. Andy has $20,000 of income, Bill has $40,000 of incom
    11·1 answer
  • Over the last decade, small business created _____ of net new jobs in the United States.?
    7·1 answer
  • Can anyone apply for duel citizenship to live in Norway for a few years?
    8·1 answer
  • Q 7.24: A small grocery store has three employees working each shift, but they only have one checkout register. Depending on whi
    9·1 answer
  • Sarah wants to give the pizza delivery boy a 20 percent tip. If the pizza bill is $48.25, how much should she tip?
    15·2 answers
  • Ivanhoe purchased a patent from Vania Co. for $1,240,000 on January 1, 2018. The patent is being amortized over its remaining le
    6·1 answer
  • Which of the following is an example of an effective persuasive speech topic for a group of elementary school children?
    6·2 answers
  • One major negative effect of globalization has been:
    7·1 answer
  • Budgeted overhead for Gallo, Inc. at normal capacity of 60,000 direct labor hours is $3 per hour variable and $2 per hour fixed.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!