Answer:
The cost of completing a unit during the current period was?
$35.95 per unit
Explanation:
COST FROM BEGINNING INVENTORY 500 units:
direct materials $2,500, 100% complete
Conversion cost $6,200, 60% complete
COST FROM CURRENT PERIOD 4,500 units started and completed, 340 units left in ending inventory:
- 30% complete to conversion cost
- 100% complete to direct materials
current period costs:
- direct materials $22,252
- conversion costs $150,536
equivalent units of production:
- direct materials = 4,500 + 340 = 4,840
- conversion costs = 4,500 + (500 x 40%) + (340 x 30%) = 4,802
cost per equivalent unit:
- $22,252 / 4,840 = $4.60 per unit
- $150,536 / 4,802 = $31.35 per unit
- total = $4.60 + $31.35 = $35.95 per unit
Answer:
economic
Explanation:
pls mark me brainliest right
Answer:
The arbitrage profits to the grocer.
Explanation:
Arbitrage refers to the process of simultaneous purchase and sale of an asset to earn profits. The traders exploit the price difference in different markets through arbitrage.
Here, in the given example, the purchase of oranges from the orchard and then its resale to the consumers is an example of arbitrage. The orchard and consumers are in two different markets.
The profit earns through this purchase and sale of oranges will be considered arbitrage profit.
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
Surplus. Is this a multiple choice?