Answer:
67,600 tons
Explanation:
Weighted average costing adds the value of beginning inventory in the period cost to calculate the average cost per unit.
According to this method the equivalent units formula is as follow
Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage
Conversion
Equivalent Units = 55,000 + 18,000 x 70% = 67,600 units
Answer:
$201,000
Explanation:
The computation of net cash flows from operating activities is shown below:-
Beginning Total Assets $570,000
Ending total assets $770,000
Average Total Assets in use $670,000
($570,000 + $770,000) ÷ 2
Cash return on Asset 30%
Cash Flow from operating activities
Average Assets × 25% $201,000
($670,000 × 25%)
Therefore the Cash Flow from operating activities is $201,000
Answer:
The correct answer is letter "D": Either the General Fund or Internal Service Fund is acceptable.
Explanation:
The General Fund is used by the government to record all the inflows and outflows of the transactions related to daily use expenditures and long-term operations. The agency that provides the resources is the Department of Treasury through loans receivable.
The Internal Service Fund record all transactions derived from the expenditures in the use of goods or services among government departments and agencies on a cost-reimbursement basis.
Thus, when reporting governmental financial activities, the can be recorded in the General Fund or the Internal Service Fund.
There are a lot of factors that might be the cause of the change of consumer demands.
First is the Income. If the income of the person can afford the price of the product?
Second is the sudden change of price. If your product affordable? or expensive?
Third is the advertisement expendituress.
Answer:
$9,920
Explanation:
The computation of the desired beginning inventory as on June 1 is shown below:
Inventory as on June 1 = Given percentage of the cost of goods sold in the month of June
= 10% × (40% × $248,000)
= 0.10 × $99,200
= $9,920
As the cost of goods sold is 40% of sales so we considered this thing and according to it we find out the beginning inventory
