Answer:
Total Equivalent Units Conversion 746,000
Explanation:
Breakfast Cereal Maker
Weighted-Average Inventory Method
Total Equivalent Units
Units Conversion Equivalent Units
Particulars %
Units completed 620,000 100 % 620,000
<u>Add Ending WIP 180,000 70 % 126,000</u>
<u>Total Equivalent Units 746,000</u>
<u />
<em>The total Equivalent units are obtained by adding the percent of the units in the ending work in process inventory to the units completed and transferred out. This is the average weighted method of finding the equivalent units.</em>
<em>As only conversion is required we found out the conversion units only.</em>
Answer:
return on assets = 20%
Explanation:
given data
net income = $900
beginning total assets = $4600
ending total assets = $4400
solution
we get here return on assets that is express as
return on assets = 
× 100 ............1
here average assets will be
average assets = 
average assets = $4500
put here value we get
return on assets = 
× 100
return on assets = 20%
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