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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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A Notary Signing Agent and a borrower have finished signing documents and all that is left to wrap-up the appointment is to chec
Andrews [41]

Considering the situation described above, the Notary Signing Agent (NSA) should <u>check the documents for errors and call the borrower for the next appointment.</u>

This a because, at this stage, what is left is to wrap up the appointment, and checking of errors can be quickly done.

A Notary Signing Agent is an individual whose role is to sign an agent. A courtesy signer is an agent whose function is to ensure a formal signature of an appearer is made to a document.

Generally, the role of an NSA includes the following:

  • Printing loan documents,
  • Meeting the signer and notarizing their signature,
  • Returning the documents for processing.

Hence, in this case, it is concluded that the correct answer is "<u>check the documents for errors and call the borrower for the next appointment."</u>

Learn more here: brainly.com/question/25497898

5 0
3 years ago
FunTime Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States includi
Contact [7]

Answer:

the target sales in units is 12,000 dinner cruise tickets

Explanation:

For FunTime Cruiseline to reach its target operating income of $30,000, it must first break -even then make a profit to the extent of $30,000.

This statement is presented in the formula below :

Target Sales - Units = (Fixed Cost + Target Profit) / Contribution per Unit

                                  = ($210,000+$30,000)/( $50 - $30)

                                  = $ 240,000/ $ 20

                                  =  12,000

3 0
4 years ago
Suppose you know a company's stock currently sells for $90 per share and the required return on the stock is 9 percent. You also
steposvetlana [31]

Answer:

$3.72

Explanation:

in order to determine the price of the stock we use the dividend discount model:

P₀ = Div₁ / (Re - g)

  • P₀ = $90
  • Div₁ = ?
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  • g = 9% / 2 = 4.5%

Div₁ = P₀ x (Re - g)

Div₁ = $90 x (9% - 4.5%) = $90 x 4.5% = $4.05

now the current dividend (Div₀) = Div₁ / (1 + Re) = $4.05 / (1 + 9%) = $4.05 / 1.09 = $3.7156 = $3.72

7 0
3 years ago
The use of an organization's operational data as the source data for a bi system is not usually recommended because it ________.
lyudmila [28]
<span>The use of an organization's operational data as the source data for a bi system is not usually recommended because it requires considerable processing and can drastically reduce system performance.
BI system is business intelligence system. To making the better business </span>decision is the purpose of Business Intelligence system. there are many business intelligence tools to make it successful. 
6 0
4 years ago
World trade benefits from free and fair trade among nations. Nevertheless, governments of many countries continue to practice pr
Kobotan [32]

Answer:

Economic effects of imposing a tariff is that it will increase the prices for the goods and consumers will have to pay more for certain good.

Explanation:

Many countries promote trade without tariff so that they can benefit the consumers of their country, but this is only possible if both countries have good relations. Many countries are governed by World trade organizations in order to govern the trade policies. The countries can flourish their trade if they have minimum tariffs and trade policies. Imposition of higher tariff will create burden on consumers of a country.

5 0
3 years ago
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