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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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What is the minimum number of days for an informal complaint to be resolved? (equal opportunity complaint process, page 2)?
krek1111 [17]
I believe there are no minimum number of days for this.
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the purpose of informal complaint usually only to resolve a simple difference rather than full investigation.
7 0
3 years ago
The production possibilities model illustrates an inverse relationship between two goods or services because
nikklg [1K]

Answer:

production of different types will compete for limited resources.

Explanation:

           The production possibilities model is also known as the Production–possibility frontier. It is the visual model of efficiency and scarcity. It provides the concept of how the economy can change things by using two goods as an example. It determines the trade offs that is associated with the allocation of the resources between the production of the two goods.

           The production possibilities curve or model shows the inverse relationship between the two goods and the services as producing different types of products or services will complete for the limited resources available.

          An economy has a very limited economic resource and therefore it can produce more number of one good by making only less of some another good.

6 0
3 years ago
Economic models often: vary greatly in assumptions and simplifications. are correct. provide similar answers. fail to explain an
polet [3.4K]

Answer:

Economic models often vary greatly in assumptions and simplifications.

Explanation:

Most models in Classical Economics are based on a lot of generalizations and simplifications, that intend to model the behavior of the situations of the real world but often fail to encompass all the intricacies and complications that even most straightforward situations present. These simplifications help the Economists figure out the mathematical laws that are governing the real world economic systems. Therefore making the economic modeling a simpler process.

Classic economics implies three basic assumptions:

1- People behave rationally in any situation.

2- Firms and individual want to maximize profit and utility

3- People act independently based on available information.

7 0
3 years ago
Explain how the stock market operates, and list the distinctions between the different types of stock markets
nasty-shy [4]

Answer:

When you invest in the stock market your are buying a small piece of a company. Let's say you think that elon musk will evolve tesla's and tesla will be the largest car brand around the world. Then you would want to buy a piece of tesla so that you can make money as the company grows.

Why would you want to invest in the stock market?

In this modern day companies are growing more than ever and will continue to as long as companies and businesses are around, and this is how you can make money in the stock market. Back in the day stocks like netflix, amazon and apple were as low as $5 a share and this was when the companies weren't as famous. As these industries and companies started to grow, you can see the growth of the stock price over the course of time. If you bought multiple shares of these stocks back when it was only $5 for ONE share, you would have a lot of money just made in the stock market.

The stock market goes up and down due to supply and demand. Prices go up when there are more buyers than sellers and will go down if there are more sellers than buyers.

I don't know if this answers your question completely but this is just a basic explanation.

Explanation:

4 0
2 years ago
Given the list of accounts below, identify which of them would appear on a balance sheet. (Check all that apply.)
aksik [14]

Answer:

(A) Accounts Payable - Liabilities

(D) Equipment  - Assets

(E) Supplies  - Assets

(F) Retained earning - Owner's Equity

(H) Cash  - Assets

Explanation:

The major categories in a balance sheets are: Assets, Liabilities and Owner's Equity,

Assets are many things (as equipment, machinery, Receivables, etc)  that belongs to the company, please see details in the answer.

Liabilities represent the obligations of the company with all kind of creditors.

And finally Owner's Equity it's the Capital that support part of the Assets along with the Liabilites.

4 0
2 years ago
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