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Stels [109]
3 years ago
5

Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the

first processing department consisted of 2,400 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $ 7,700 65% Conversion costs $ 8,800 45% A total of 10,500 units were started and 7,900 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Cost Materials costs $ 127,500 Conversion costs $ 209,000 The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. What are the equivalent units for conversion costs for the month in the first processing department? Multiple Choice 1,750 9,650 12,900 7,900
Business
1 answer:
Molodets [167]3 years ago
6 0

Answer:

9,650 Units

Explanation:

The total unit transfer were 7,900 then we have to add the total units that are in Work in Process, which are +2.400+10.500-7.900 = 5.000, of that we have an advance of 35% of conversion cost, so we have 1.750 Units , Total Units = 7.900 + 1.750 = 9.650

  Conversion  

   

"Units transferred to the next department 7.900  

Ending work in process:    

 Conversion:    

 Rest Of Units                            5.000  

Complete to conversion costs End  35%  1.750  

  Equivalent units of production   9.650  

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2)Torres Inc. recently began production of a new product, the halogen light, which required the investment of $600,000 in assets
madreJ [45]

Answer:

The selling price is $99

Explanation:

The selling price of the product can be computed by adding required profit margin to the unit cost of the product.The required profit margin is the 10% return on invested assets.

Total variable cost           $59*10000                =$590,000

Fixed expenses ($180,000+$60,000)               =$240,000

desired profit margin(10%*$600,000)                =$60,000

Total sales revenue                                              =$990,0000

price per unit=$990,000/10000=$99

The cost-plus approach to product pricing gives $99

3 0
3 years ago
During the year, Belyk Paving Co. had sales of $2,275,000. Cost of goods sold, administrative and selling expenses, and deprecia
ycow [4]

Answer:

a. -$210,000

b. $455,000

Explanation:

a. Company's net income

Sales. 2,275,000

Less:

Cost of goods sold

1,285,000

Administrative and selling expenses

535,000

Depreciation expense

420,000

EBIT

35,000

Less interest

245,000

Taxable income

-$210,000

Taxes 21%

Nil

Net income

-$210,000

b. The operating cash flow for the year

OCF = EBIT + depreciation - taxes

OCF = 35,000 + 420,000 - 0

OCF = $455,000

c. Net income was negative due to the deductibility of interest expense and depreciation.

The actual operating cash flow was positive due to the fact that depreciation is a non cash expense, and also interest is a financing and not an operating expense.

5 0
3 years ago
particle has a constant acceleration of 5.8 m/s2. (Due to the nature of this problem, do not use rounded intermediate values in
vova2212 [387]

Answer:

a) t = 0.86 sec

b) v = 7.128 m/s

Explanation:

Given data:

Constant acceleration = 5.8 m/s^2

Initial velocity = 2.1 m/s

Displacement = 4.0 m

kinematic equation is given as

X -X_o = v_o \times t + \frac{1}{2} at^2

X- X_o =  4.0 m

v = 2.1 m/s

a = 5.8 m/s^2

plugging all value in the above relation

4 =  2.1t + \frac{1}{2} 5.8t^2

2.9t^2 + 2.1t - 4 = 0

solve for t

t = \frac{-2 \pm \sqrt{2.1^2 -(4\times 2.9 \times (-4)}}{2\times 2.9}

t = 0.86 sec

b)  kinematic equation relating to velocity is given as

v = v_0 + at

solving for velocity

v = 2.1 + 5..8\times 0.867

v = 7.128 m/s

5 0
3 years ago
The Baldwin company will continue to train their existing workforce at their current level to help reduce turnover and improve p
romanna [79]

Answer:

$ 1200

Explanation:

In the question, the total training hour is not given. Let us assume that the total training hour be 40 hours.

Given :

The cost of training an employee = $ 30 per hour

Therefore, training cost of each employee will be = training cost per hour x total number of training hours.

                                                                              = $ 30 x 40

                                                                              = $ 1200

Therefore, the training cost of each employee is $ 1200

8 0
3 years ago
Read 2 more answers
A group of researchers want to study the effects of alcohol on sexual behavior in mice. They inject 50 mice with an alcohol solu
Vaselesa [24]

Answer:

The correct answer is letter "B": The sexual behavior.

Explanation:

Independent variables are those that represent the main reason for the research. From independent variables come dependent variables that refer to events that are used to study the independent variable but these could be changed for others and the main objective of the research would remain the same.

Thus, <em>the independent variable of the example is the effects of alcohol and the dependent variable is sexual behavior</em>.

3 0
3 years ago
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