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
s2008m [1.1K]
3 years ago
15

Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding

Department, started the month with 18,400 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $17,200. An additional 86,000 units were started into production during the month. There were 19,000 units in the ending work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $838,880 in conversion costs were incurred in the department during the month.
The cost per equivalent unit for conversion costs for the month is closest to:

Business
1 answer:
MrRa [10]3 years ago
3 0

Answer:

$ 8.686

Explanation: the solution is shown in the attached picture

You might be interested in
6. Bronco Co. is a U.S.-based MNC that has subsidiaries in Spain and Germany. Both subsidiaries frequently remit their earnings
Hatshy [7]

Answer:

Cash outflow of $579,500

Explanation:

Net cash flow is the sum of all cash inflow and outflows of the company.

In this question the company has cash outflow from Spain and inflow from Germany.

As per given data

Cash flow from Spain subsidiary = €5,000,000 outflow

Cash flow from German subsidiary = €4,500,000 inflow

Net cash flow to parent company = - €5,000,000 + €4,500,000

Net cash flow to parent company = - €500,000

The currency is converted using the exchange rate of $1.159 per euro.

Net cash Flow in U.S. dollars = - €500,000 x  $1.159 per euro

Net cash Flow in U.S. dollars = - $579,500

3 0
4 years ago
Program trading is defined as automated trading generated by computer algorithms designed to react rapidly to changes in market
matrenka [14]

Answer:

no

Explanation:

no

4 0
3 years ago
"PDQ Corporation has declared a rights offering to stockholders of record. The company has 5,000,000 shares outstanding and is s
Nimfa-mama [501]

Answer: C. II and III

Explanation:

There are 5,000,000 shares of PDQ Corporation as of when they declared the rights offering. This means that every share will get a right to buy stock.

However, as only 1,000,000 shares are being offered per the 5,000,000 shares outstanding it means that one stock may be purchased for every 5 rights.

A customer who owns 500 shares will therefore get 500 rights.

However with one stock up for sale per 5 rights they will receive the opportunity to buy;

= 500/5

= 100 shares

5 0
4 years ago
In companies using a fixed-order quantity model, a consistent inventory level is used as a trigger to order more product. This i
Zielflug [23.3K]

Answer:

Reorder point

Explanation:

A company or organization making use of fixed-order quantity model which is a model where the REORDER POINT has been fixed and has already been set automatic in which once it reach the minimum inventory level it will remind the company that inventory level has reach the limit for the company to restore the stock inventory or order more product, which is why this inventory level is called the REORDER POINT.

Therefore REORDER POINT can be defined as the point which serve as a reminder that the stock inventory level has dropped to the minimum reorder level and need to be replaced or reorder.

5 0
3 years ago
What is meant by centralised direction
Alla [95]

Centralized direction explain why we often overestimate how well we can predict future actions of others.


I hope that's help:0

5 0
3 years ago
Other questions:
  • _______ is an incentive in conserving both renewable and non-renewable resources.
    12·2 answers
  • Increasing the effectiveness of internal controls would have the greatest effect on
    7·1 answer
  • Sell or Process Further
    6·1 answer
  • You have been running a landscaping business called Trim Grass for about two years. You have developed a special blend of grass
    9·1 answer
  • The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates a wholesale
    7·1 answer
  • Victoria Company reports the following operating results for the month of April. VICTORIA COMPANY CVP Income Statement For the M
    15·1 answer
  • ABC Catering​, purchased equipment for $ 12 comma 000. ABC recorded total depreciation of $ 9 comma 000 on the equipment. Assume
    15·1 answer
  • Edgar Co. determines from a physical inventory count taken on the last day of fiscal 20X7 that its LIFO-basis inventory of widge
    14·1 answer
  • Roak Company and Clay Company are similar firms that operate in the same industry. Clay began operations 2 years ago and Roak st
    7·1 answer
  • Ne
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!