Answer:
the numbers of the first part are missing here, so I looked for a similar one:
"The Packaging Department started the month with 300 units in process that were 70% complete, receiving 2,000 units from the Cutting Department. The Packaging department had 200 units in process at the end of the period that are 40% complete.
All materials are added at the beginning of the process and conversion is added uniformly.
From the Packaging Department, units are transferred to Finished Goods."
Since we are not asked to calculate costs, we are told to calculate equivalent units for conversion costs, the formula would be:
total units finished and transferred out = 300 + 2,000 - 200 = 2,100
equivalent units of ending WIP = 200 x 40% = 80
total equivalent units = 2,100 + 80 = 2,180 equivalent units
Answer:
If this is the first time that a good is being introduced into the market or the good in question has been developed such that it is better than variants in the perfectly competitive market, it will only be sold by few firms in that market.
This shortage of supply will ensure that the price is higher than the cost of production which means that the company will be making short run positive economic profit.
With an absence of Barriers to entry in a perfectly competitive market, more companies will now be free to enter the market to sell these new goods in the long run so that they may take advantage of the positive economic profit.
This would increase the number of suppliers in the market which would reduce the price of the good till economic profits become zero.
If there were barriers to entry, the prices would remain at a point higher than costs but because other companies were able to come in, the prices reduced in the long run.
Answer:
The answer is 5.96%
Explanation:
This is a semiannual paying coupon, meaning it makes payment twice a year.
N(Number of periods) = 40 years ( 20years x 2)
I/Y(Yield to maturity) = ?
PV(present value or market price) = $958.56
PMT( coupon payment) = $28 ( [5.6percent÷ 2] x $1,000)
FV( Future value or par value) = $1,000.
We are using a Financial calculator for this.
N= 40; PV = -958.56 ; PMT = 28; FV= $1,000; CPT I/Y
I/Y = 2.98%. Please note that this is for semiannual.
Therefore, annual YTM = 5.96%(2.98% x 2).
To minimize the risk of theft of consumer remittances, the person who manages and deposits customer payments can also. Use of cash registers.
<h3>What is a Customer Deposit?</h3>
- A customer deposit is cash settled to a company by a customer, for which the company has not yet provided goods or benefits in exchange.
- The company has an obligation to provide the displayed goods or services, or to replace the funds.
<h3>What are customer deposits?</h3>
A customer deposit is a prepayment for the investment of future goods and services (unearned revenue). Overpayment of customer invoices (A/R) may also be regarded customer deposits because they are also thought unearned revenues.
To learn more about customer deposit, refer
brainly.com/question/24202236
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