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
nata0808 [166]
3 years ago
11

Multiple Choice Question 64 Concord Company had the following department information about physical units and percentage of comp

letion: Physical Units Work in process, May 1 (65%) 60800 Completed and transferred out 181000 Work in process, May 31 (35%) 50000 If all materials are added at the beginning of the production process, what is the total number of equivalent units for materials during May
Business
1 answer:
RUDIKE [14]3 years ago
3 0

Answer:

Total Equivalent Units  Materials= 231,000  

Total Equivalent Units  Conversion Costs= 198500

Explanation:

Concord Company

<u>Given</u>

Physical Units

Work in process, May 1 (65%) 60800

Completed and transferred out 181000

Work in process, May 31 (35%) 50000

All materials are added at the beginning of the production process.

Particulars         Units      % of Completion                Equivalent Units

                                      Mat. Conversion Costs     Mat. Conversion Costs

W. I. P, May 31  50,000       100          (35%)             50,000         17500

Completed and

<u>transferred out 181000    100          100                181000           181000      </u>

<u>Total Equivalent Units                                          231,000           198500</u>

The equivalent units are calculated by either adding the beginning work in process and  units started or by adding Ending Wip and completed and transferred units.

You might be interested in
After the civil war the supreme court tended to view economic regulation as something that
sattari [20]

Answer:

attacked or assaulted property rights.

Explanation:

After the civil war, the supreme court held the idea that any government regulation (especially economic regulation) denied private businesses of their property rights and liberties, which constituted a violation of the Fourteenth Amendment. The Fourteenth Amendment guaranteed equal and legal rights to all US citizens (businesses were included as citizens) and guaranteed that no government (state or federal) shall deny any citizen of life, liberty, or property without due process of law.

We have to remember that these were sensible times and the supreme court tried to protect the newly given rights specially to African Americans, but sometimes business people are very capable of using ideological trends in their favor.

4 0
3 years ago
the current price of a stock is 200 if a coll option on this stock has a strike price of 201 the call is
PSYCHO15rus [73]

The call in this scenario is known as Out of the money (OTM).

Out of the money is when an option has no intrinsic value but rather, has an extrinsic value.

  • Here, the current stock price is below the strike price of 201,then, we say that the call is out of money.

  • A call option is called Out of the money when the underlying price is trading below the strike price of the call.

Hence, the call in this scenario is known as Out of the money (OTM)

Read more about Out of the money (OTM):

<em>brainly.com/question/15684431</em>

6 0
2 years ago
Describe at least three exchange rate factors that are likely to attract foreign investors to a country's currency. Explain why
lana66690 [7]

Answer: 1. High Interest

2. Low Government Debt

3. Political Stability

Explanation:

Foreign Investors are Investors and investors always like to invest where there are prospects of growth and profit.

High Interest Rates give them the opportunity to invest their money in a currency that will give them a great return because a country where there are high interest rates imparts this on its currency which causes it to rise in value thereby giving currency holders a capital gain.

Another factor is Government Debt. A country with high Government debt will typically be unable to raise funds through the bond market easily. This shortage of funds can lead to inflation which devalues currency causing foreign currency investors to flee.

Finally there is the Political Factor (other factors exist). A stable country politically stands a better chance of maintaining a higher value currency that one with lower political stability. This is because political Stability attracts investors and as more investments come into a country, this reflects in its currency by making it stronger which will attract foreign currency investors.

6 0
3 years ago
If the minimum attractive rate of return is 7%, which alternative should be chosen assuming identical replacement (like kind exc
ira [324]

Answer:

The alternative that should be chosen assuming identical replacement is:

Alternative B.

Explanation:

a) Data and Calculations:

Alternatives:

                                                A            B

First Cost                           $5,000     $9,200

Uniform Annual Benefit     $1,750      $1,850

Useful life, in years                4              8

Rate of return                       7%            7%

Annuity factor                   3.387          5.971

Present value of annuity $5,927.25 $11,046.35

Net cash flow                 $927.25     $1,846.35

b) Alternative B yields a higher return than Alternative A.  Since the two alternatives are based on the same rate of return, Alternative B will bring in a higher annual benefit, even when discounted to the present value.

7 0
2 years ago
4. Savings are particularly important to young people because:
katen-ka-za [31]

Answer:

I think it's D

Explanation:

because savings are in the beginning of their financial lives,”

I hope this helped u :)

3 0
2 years ago
Other questions:
  • Horrified at the high price for the flu vaccine decides to set a price ceiling at $60.what are the results of this ceiling
    7·1 answer
  • Venus Williams is one of the top women’s tennis players in the world. Because this status overrides all her other statuses, it i
    9·1 answer
  • In bst, modeling will have the greatest influence if it occurs​:
    8·1 answer
  • Which of the following statements describes a recurring theme about today's ecological environment?
    12·1 answer
  • Which form of retailing is Best Buy now using in airports to distribute its mobile phone and computer accessories, digital camer
    9·1 answer
  • Sanderson Sofas, a family-owned corporation, issued 6.75% bonds with a face amount of $12 million, together with 2 million share
    6·1 answer
  • Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to all
    9·1 answer
  • HURRY! 20 points! Which of the following is the most important requirement for career advancement in art design?
    13·2 answers
  • A quality analyst wants to construct a control chart for determining whether three machines, all producing the same product, are
    5·1 answer
  • MARK YOU THE BRAINLIEST! Explain how production gives form utility to natural resources.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!