Answer:
Cost per equivalent unit of materials=20 per unit
Cost per equivalent unit of conversion=50 per unit
Explanation:
The cost of direct materials in Mountain spring water company is $672,000
The conversion cost for that period in the bottling company is $365,000
The total equivalent unit for direct materials is 33,600 liters
The total equivalent unit for conversion is 7,300 liters
The cost per equivalent unit of materials can be calculated as follows
= Cost of direct materials/total equivalent unit for direct materials
= $672,000/33,600 liters
= 20 per unit
The cost per equivalent unit of conversion can be calculated as follows
= Conversion cost/total equivalent unit of conversion
= $365,000/7,300liters
= 50 per unit
Hence the cost per equivalent unit of materials is 20 per unit and the cost per equivalent unit of conversion is 50 per unit.
Answer:
11) payment history ; 111) Amounts owed
Explanation: An individual's credit score is of great importance in determining if a person should be given a loan or not. The credit score is reliant on factors such as ; the level of debt or amount owed by the account owner and the repayment history of the individual. These information are used to enable the borrower qualify for a loan while also providing the lender requisite information in evaluating if the borrower is credit worthy. An individual with a poor and untimely debt repayment history coupled with a high debt value will have a low credit score thereby hampering such individual's chances of qualifying for a loan. Similarly, borrowers with good and timely repayment history and devoid of debt may have higher chances of qualifying for more robust and long term loans.
Answer:
Unit cost of material is $4
Explanation:
Cost of production is the cost incurred during production of goods and services. Production cost is made up of the direct cost which include cost of material, and indirect cost such as labour and factory overhead. Total cost are then allocated to units produced to get the total amount spent per unit of the product.
However we were asked to calculate the unit cost of material, which is the direct input used in this production process.
Unit cost of material= Cost of material/number of units
Unit cost of material= 20,000/5,000
Unit cost of material = $4
The answer to your question is,
D. Under liabilities
-Mabel <3
