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Neporo4naja [7]
3 years ago
15

Units of production data for the two departments of PacificCable and Wire Company for November of the current fiscal year areas

follows:
Drawing Department Winding Department
Work in process, November 1 7,400 units, 45% completed 3,700 units, 65% completed
Completed and transferred to next
processing department during November 101,400 units 100,100 units
Work in process, November 30 5,600 units, 75% completed 5,000 units, 30% completed
a. If all direct materials are placed inprocess at the beginning of production, determine the directmaterials and conversion equivalent units of production forNovember for the Drawing Department. If an amount is zero, enter in"0".

Drawing Department
Direct Materials and Conversion Equivalent Units ofProduction
ForNovember
Whole Units Direct Materials
Equivalent Units Conversion
Equivalent Units
Inventory in process, November 1
Started and completed in November
Transferred to Winding Department inNovember
Inventory in process, November 30
Total
b. If all direct materials are placed inprocess at the beginning of production, determine the directmaterials and conversion equivalent units of production forNovember for the Winding Department. If an amount is zero, enter in"0".

Winding Department
Direct Materials and Conversion Equivalent Units ofProduction
ForNovember
Whole Units Direct Materials
Equivalent Units Conversion
Equivalent Units
Inventory in process, November 1
Started and completed in November
Transferred to finished goods inNovember
Inventory in process, November 30
Total

Business
1 answer:
svet-max [94.6K]3 years ago
3 0

Answer:

Answer for the question;

Units of production data for the two departments of PacificCable and Wire Company for November of the current fiscal year areas follows:

Drawing Department Winding Department

Work in process, November 1 7,400 units, 45% completed 3,700 units, 65% completed

Completed and transferred to next

processing department during November 101,400 units 100,100 units

Work in process, November 30 5,600 units, 75% completed 5,000 units, 30% completed

a. If all direct materials are placed inprocess at the beginning of production, determine the directmaterials and conversion equivalent units of production forNovember for the Drawing Department. If an amount is zero, enter in"0".

Drawing Department

Direct Materials and Conversion Equivalent Units ofProduction

ForNovember

Whole Units Direct Materials

Equivalent Units Conversion

Equivalent Units

Inventory in process, November 1

Started and completed in November

Transferred to Winding Department inNovember

Inventory in process, November 30

Total

b. If all direct materials are placed inprocess at the beginning of production, determine the directmaterials and conversion equivalent units of production forNovember for the Winding Department. If an amount is zero, enter in"0".

Winding Department

Direct Materials and Conversion Equivalent Units ofProduction

ForNovember

Whole Units Direct Materials

Equivalent Units Conversion

Equivalent Units

Inventory in process, November 1

Started and completed in November

Transferred to finished goods inNovember

Inventory in process, November 30

Total

is given in the attachment.

Explanation:

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Answer:

a. Plan A

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Explanation:

The formula to compute the earning per share is shown below:

Earning per share = (Net income - interest) ÷ (Number of shares)

a. For Plan A

EPS = ($500,000) ÷ (210,000 shares) = $2.38

For Plan B

EPS = ($500,000 - $182,400) ÷ (150,000 shares) = $2.12

The interest is computed below:

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Plan A has higher EPS

b. For Plan A

EPS = ($750,000) ÷ (210,000 shares) = $3.57

For Plan B

EPS = ($750,000 - $182,400) ÷ (150,000 shares) = $3.78

The interest is computed below:

= $2.28 million × 8%

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Plan B has higher EPS

c. Break-even EBIT

(EBIT) ÷ (Number of shares) = (EBIT - Interest) ÷ Number of shares

(EBIT) ÷ (210,000) = (EBIT - $182,400) ÷$150,000

After solving this,

The EBIT would be $638,400

3 0
3 years ago
How much interest is earned in just the third year on a $1,000 deposit that earns 7% interest compounded annually?
Sav [38]

Answer:

Interest earn= $80.14

Explanation:

Giving the following information:

PV= $1,000

i= 7%

n= 3

<u>First, we will calculate the future value at the second year:</u>

FV= PV*(1+i)^n

FV= 1,000*(1.07^2)

FV= 1,144.9

<u>Now, for the third year:</u>

FV= 1,144.9*1.07= 1,225.04

Interest earn= 1,225.04 - 1,144.9= $80.14

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3 years ago
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False

Explanation:

Illiquidity in the context of a business refers to a company that does not have the cash flows necessary to make its required debt payments, although it does not mean the company is without assets. 

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borishaifa [10]

Answer:

What is marginal revenue when quantity is 30 ? 30?

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= ($2,400 - $1,350) / (30 - 15) = $900 / 15 = $70  

What is marginal cost when quantity is 60 ? 60?

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If this firm is a monopoly, at what quantity will profit be maximized?

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a monopoly maximizes its accounting profit when marginal revenue = marginal cost, in this case they both equal $50 per unit when total output is 45 units

If this is a perfectly competitive market, which quantity will be produced?

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a perfectly competitive firm maximizes its accounting profit when marginal revenue = marginal cost, in this case they both equal $50 per unit when total output is 45 units

Comparing monopoly to perfect competition, which statement is true?

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Explanation:

Quantity      Price       Total Revenue            Total Cost

15                 90                   1350                         900

30                80                   2400                      1500

45                70                    3150                      2250

60                60                  3600                       3150

75                50                   3750                      4200

90                40                  3600                      5400

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At which stage of the organizational buying decision process would purchasing and engineering personnel visit potential supplier
STatiana [176]

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