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Arte-miy333 [17]
4 years ago
7

A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout th

e process. For the month of January, there were no units in the beginning goods in process inventory; 110,000 units were started into production in January. There were 30,000 units that were 40% complete in the ending goods in process inventory at the end of January. What were the equivalent units of production for materials for the month of January?
Business
1 answer:
uysha [10]4 years ago
5 0

Answer:

110,000 units

Explanation:

Given that

Started units in inventory = 110,000 units

Ending  inventory units = 30,000 units

Completion percentage = 40%

Based on the above information, the equivalent units of production for the material is equal to the started units in inventory i.e 110,000 units as it already includes the ending inventory plus the given percentage is also considered for the same

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Daily demand for a product is 160 units, with a standard deviation of 35 units. The product is ordered on a pre-established (fix
egoroff_w [7]

Answer:

2686

Explanation:

Given that :

Daily demand (D) = 160

Standard deviation (s) = 35

Review period (T) = 5 days

Lead time (L) = 10 days

Number in stock (I) = 30 units

Service probability α = 99%

Quantity to order Q;

Q = D(T + L) + Z*s + √(T + L) - 1

Zscore p(Z < 0.99) = 2.326 = 2.33(Z probability calculator)

Q = 160(5 + 10) + 2.33 * 35 * √(10 + 5) - 30

Q = 160(15) + (2.33 * 35 * 3.8729833) - 30

Q = 2400 + 315.841788115 - 30

Q = 2685.841788115

Q = 2686

5 0
3 years ago
Which of the following groups declares the start and end of recessions in the U.S.? rev: 05_30_2018 Multiple Choice The Business
antiseptic1488 [7]

Answer: The Business Cycle Dating Committee of the National Bureau of Economic Research.

Explanation:

The Business Cycle Dating Committee under the National Bureau of Economic Research are tasked with declaring the beginnings and the endings of the Business cycle. They do this by reviewing Economic wide measures especially GDP to see if prevailing conditions are still ongoing.

To declare a Recession, the Economy would have to be experiencing a significant downward trend in widespread economic activity reduction over more than a couple of months but for a Recession to be declared as over and back to a Peak, it might take longer than that.

4 0
4 years ago
On March 15, American Eagle declares a quarterly cash dividend of $0.095 per share payable on April 13 to all stockholders of re
irinina [24]

Answer:

March 15,

Dr. Dividend                $20,520,000

Cr. Dividend Payable $20,520,000

April 13,

Dr. Dividend Payable $20,520,000

Cr. Cash                      $20,520,000

Explanation:

A dividend is announced and paid after some days, so the journal entries for both event will be recorded separately.

At The time of Declaration no payment is made, only a liability is created against the dividend payment.

Dividend Value = $0.095 x 216,000,000 shares =  $20,520,000

Payment will be made by debiting the dividend payable account to adjust the liability account and Crediting cash for the payment of cash dividend.

8 0
3 years ago
As a project lead, your team is on its way to finishing work on the project, while you have the impression that a staff member i
lawyer [7]

The action most likely to resolve the situation is to use your network of project managers to find another role for the person that allows for a smooth transition and doesn't conflict with your needs.

This is the best course of action because a smooth transition between projects allows for greater motivation in the current project, according to the PMBOK.

Therefore, using your network of project managers to find another assignment and allow for a smoother transition that doesn't conflict with your needs is the most suitable option.

Learn more about project managers here:

brainly.com/question/6500846

5 0
2 years ago
Suppose you place $10,000 in a retirement fund that earns a nominal interest rate of 8 percent. If you expect inflation to be 5
notka56 [123]

Answer:

b. 3 percent.

Explanation:

Real interest rate is nominal interest rate less expected inflation rate.

Real interest rate = nominal interest rate - expected inflation rate

8% - 5% = 3%

I hope my answer helps you

6 0
3 years ago
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