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sukhopar [10]
3 years ago
12

Williams company computed its cost per equivalent unit for direct materials to be $2.60 and its cost per equivalent unit for con

version to be $3.75. a total of 250,000 units of product were completed and transferred out as finished goods during the month. the ending work in process inventory consists of 36,000 equivalent units of direct materials and 36,000 equivalent units of conversion costs. the amount that should be reported in ending work in process inventory is:
Business
2 answers:
Zanzabum3 years ago
8 0

(2.60X250,000)+(3.75X250,000)=1,587,500

Elan Coil [88]3 years ago
3 0

Answer:

$228,600

Explanation:

Equivalent units refers to expressing a number of incomplete units as a number of fully complete units. For example, there are 5 units that are 20% partially completed, we can express them as 1 equivalent unit.

The ending inventory was 36,000 equivalent units, both in direct materials and conversion costs.

value of ending inventory = ($2.60 x 36,000) + ($3.75 x 36,000) = $228,600

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What is your proudest accomplishment and why
xeze [42]

Answer: Loving and accpeting myself for who I am

Explanation:

We live in a world where is hard to fill like you are accepted or up to society's "standards" overtime I have come to love who i am and appreicate myself its taken alot of effort and trust in myself which is why i feel its my proudest accomplishment! :))

6 0
3 years ago
Each week, radio reaches about what percentage of all adults and teenagers? 94 percent, 91 percent
swat32

If each week radio reaches 94 percent of adults and 91 percent of teenagers, to get the average percentage it gets every week- with adults and teenagers, we have to add the two values and then divide them by two. So 94 + 91 is equal to 185 divided by 2 is 92.5% or 93%.

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5 0
3 years ago
Cramer Corp. issued $20,000,000 of 5-year, 9% bonds at a market (effective) interest rate of 10%, receiving cash of $19,227,757.
Slav-nsk [51]

Answer:

The journal entry is as follows:

 Interest expense   $961,388.00  

                           Discount on issue of bond  $61,388.00

                           Cash                                          $900,000.00

Explanation:

In order to prepare the journal entry we have to calculate first the interest expense and the cash.

Therefore, Interest expense= ($19,227,757×10%×6/12)=$961,388.00

Cash=$20,000,000×9%×6/12= $900,000

By difference then, the discount on bond payable=$961,388-$900,000

                                                                             =$61,388.

     

Hence, the journal entry is as follows:

 Interest expense   $961,388.00  

                           Discount on issue of bond  $61,388.00

                           Cash                                          $900,000.00

7 0
3 years ago
Matt's Market is a grocery store chain in the United States. When it purchases avocados from Mexico and grapes from South Africa
o-na [289]

Answer:e. importing.

Explanation:

Importing is a component of international trade that deals with the process of bringing goods, merchandise or services   from an external/ Foreign country in order to resell them in another country ( Importer's country)

Matt's market is involved in the process of importing because  it is getting fruits grown  from other countries ( Mexico and South Africa) and selling in the  grocery store chain United States where it is located.

4 0
3 years ago
A deed which conveys simply the grantor’s rights or interest in real estate, without any agreement or covenant as to the nature
mel-nik [20]

Answer:

The correct answer is Quitclaim deed.

Explanation:

A quitclaim deed is an executable document legally used to transfer property rights without having to provide any guarantee for the beneficiary or any that the assignor still owns the property. Basically, the transferor of a deed of resignation says: "I transfer my property rights, if I have any, to the beneficiary." With the minimal assistance of a lawyer, executing a waiver deed to transfer property rights can be simple and brief.

7 0
3 years ago
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