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
Rina8888 [55]
3 years ago
12

The fields company has two manufacturing departments, forming and painting. the company uses the weighted-average method of proc

ess costing. at the beginning of the month, the forming department has 28,000 units in inventory, 65% complete as to materials and 35% complete as to conversion costs. the beginning inventory cost of $66,100 consisted of $48,400 of direct material costs and $17,700 of conversion cost.
Business
1 answer:
BlackZzzverrR [31]3 years ago
6 0

The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 26,000 units in inventory, 70% complete as to materials and 30% complete as to conversion costs. ... Units completed in the forming department are transferred to the painting department.

You might be interested in
In today's business environment, companies have to find ways to remain profitable by coping with increased competition and rapid
eimsori [14]

Answer:

<u>Greater</u>

Explanation:

  • However, as the organizations come in different types of divisions of levels in organizations like the First middle and top level of management. thus the managers are classified as hierarchical structures, like a matrix of structure like the horizontal, vertical and diagonal.
  • When we eliminate the levels in the management the action usually results in the centralized structure of the organization functioning and hence it further leads to the attainment of greater control over the organization. As the elimination of the middle man and the elimination of various bottlenecks takes place.
7 0
3 years ago
1. assets for lincoln company totaled $13,000, liabilities totaled $1,000, and stockholders' equity totaled $12,000. what is the
Fittoniya [83]

The ratio of liabilities to stockholders' equity is 0.083.

<h3>What is the ratio of liabilities to stockholders' equity?</h3>

Liabilities are future benefits that would have to be sacrificed in the future by an entity to other entities as a result of past transactions. An example of liability is account payable.

Stockholder's equity is the difference between assets and liabilities. Assets are resources that can be used to increase the value of the firm.  An example of an asset is account receivable.

The ratio of liabilities to stockholders' equity can be determined by dividing liabilities by stockholders equity.

The ratio of liabilities to stockholders' equity = liabilities / stockholders' equity

1000 / 12,000 = 0.083

To learn more about liabilities, please check: brainly.com/question/26513242

#SPJ1

5 0
1 year ago
Consider the market for mobile applications, smartphones, and conventional phones. For each pair, identify whether they are comp
Bogdan [553]

Answer and Explanation:

The complementary goods are those goods which are used together while on the other hand the substitute goods are those goods that are used in place of one another

Based on this, the classification is as follows

1. Complementary goods

2. Substitute goods

3. Substitute goods

The above represents the classifications

8 0
3 years ago
The opportunity cost of being a full-time student at a university instead of working full-time at a job includes all of the foll
Sonbull [250]

Answer:

a.Payment for meals

Explanation:

Opportunity cost is referred to as the next best alternative.

Opportunity cost means the benefits foregone of the non chosen alternative when an alternative is chosen from the available set of options which includes the non chosen option.

For e.g storage of money at home has an opportunity cost in the form of loss of interest had the same money been invested elsewhere apart from assuming the risk of loss of theft.

In the given case, the opportunity cost of being a full time student at a university instead of working full time at a job includes the opportunity cost in the form of income from that full time job in addition to specific expenses incurred for being a full time student such as Payment for tuition, Payment for books.

Thus, payment for meals represents a common cost which would've been incurred anyway irrespective of whether one attends full time college or does a full time job.

4 0
3 years ago
Measuring GDP
Ymorist [56]

Answer:

$-625.4 billion

$20,494 billion

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

2531.3 - 3,156.7 = $-625.4 billion

GDP =  13,948.5 +  3,650.1 +  3,520.8 - $-625.4 = $20,494 billion

4 0
2 years ago
Other questions:
  • What is an advantage of government bonds?
    6·2 answers
  • A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 117% of its $1,000
    13·1 answer
  • The variable over which service providers have little control is the emotional state of their customers.
    10·1 answer
  • Windsor, Inc. reported the following selected information at March 31. 2017 Total current assets $234,000 Total assets 440,000 T
    9·1 answer
  • A pharmacist stocks only one particular brand of acetaminophen, a popular pain-relief drug. Even if his customers prefer other p
    8·1 answer
  • If a firm produces 10 units of output, total costs are $1,030, and average fixed costs are $10, then total variable costs are
    12·1 answer
  • If the price of an airline ticket from SFO to LAS were to increase by 10%, from $100 to $110 roundtrip, while all other demand f
    6·1 answer
  • Steve receives a $1.50 raise from $8.25 and also insurance benefits. If he works 43 hours in week one and 30 hours in week two,
    13·1 answer
  • During which phase of the data analysis process does the fraud examiner identify, obtain, and verify the relevant or requested d
    15·1 answer
  • · What organizational goal is driving this training?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!