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omeli [17]
3 years ago
14

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one depa

rtment for October: Percent Completed Units Materials Conversion Work in process, October 1 51,000 85 % 55 % Work in process, October 31 32,000 72 % 51 % The department started 392,000 units into production during the month and transferred 411,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Business
1 answer:
kherson [118]3 years ago
5 0

Answer:

EU materials:    434.040‬

EU conversion: 412,632

Explanation:

W/a method count the complete units plus the percnetage of completion in the ending work in process intventory.

Materials:

transferred-out (completed) 411,000

ending WIP inventory

                    32,000 x 72% = 23,040‬

Equivalent untis materials:  434.040‬

Conversion:

transferred-out (completed) 411,000

ending WIP inventory

                    32,000 x 51% =     1,632

Equivalent untis conversion: 412,632

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allochka39001 [22]

Answer:

Marsha forests

Explanation:                                    

Planning refers to the method of focusing on the actions necessary to accomplish a specific goal. Achieving optimal outcomes was the first and paramount task. It requires designing and managing a strategy, including psychological factors that include analytical competencies.

Planning is essential for every business as it facilitates coordination, improves employees morals and helps the manage mt to operate as per the stated guidelines. Thus, every business whether small or large or whether working in stable or validate environment should do planning.

7 0
3 years ago
The Lunch Counter is expanding and expects operating cash flows of $32,500 a year for seven years as a result. This expansion re
storchak [24]

Answer:

$109,688.89

Explanation:

According to the scenario, computation of given data are as follows,

Formula for Net present value are as follows,

NPV = -Investment in fixed asset - Net working Capital + Operating cashflow × ( 1 - (1+r)^{-n}) ÷ r + Net working capital ×(1+r)^{-n}

Where, r = rate of return

n = number of years

By putting the value, we get

NPV = -28,000 - 2,800 + 32,500 × ( 1 - (1+0.14)^{-7}) ÷ 0.14 + 2,800 × (1+0.14)^{-7}

By solving the above equation, we get

NPV = $109,688.89

8 0
3 years ago
Campbell's soup offers a temporary price reduction to all grocery stores on the West Coast during the weeks of June 15th to July
insens350 [35]

Answer:

Off - invoice allowance

Explanation:

Off - invoice allowance

It is type of allowance that offer retailer to market quantities of item for a particular period of time. The main purpose of this bills is to cope up with competition and to advertise new product in the market.

It is a reduction in price made by manufacturer to retailer so to promote their product in a faster way.

4 0
3 years ago
our Grandfather wants to establish a scholarship in his father’s name at a local university and had stipulated that you will adm
inn [45]

Answer:

The correct answer is Option A. you will need to deposit $111,111 so that you can fund the scholarship forever, assuming that the account will earn 4.50% per annum every year.

Explanation:

Perpetuity is the cash flows to be receivable for an unspecified period of time. The present value of a perpetuity is calculated as the cash flows divided by the interest rate provided.  

Given data;

Amount needed to be deposited = $5000

Interest rate = 4.50%

Present Value of Perpetuity = Cash Flows ÷ Interest rate  

= $5000 ÷ 0.045

= $111,111

3 0
3 years ago
Targeting Business Customers A soap company has been selling their soap to consumers with great success. However, recently they
vampirchik [111]

Answer: Females, Housewives bb

Explanation:

The soap can be used as dish wash bar for cutting heavy grease from utensils. Thus the soap company would target females, housewifes. This is because the soap can be used in washing of their utensils. the company could also target manufacturing plants, restaurants, warehouses, hospital and pharmaceutical industries and resort. In these sectors regular hand soap is because in this sectors hand soap are needed. The soap can be sold through retail stores so everyone can have access it easily.

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