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Goshia [24]
3 years ago
13

Glumhoff​'s Packaging Department had the following information at July 31. All direct materials are added at the end of the conv

ersion process. The units in ending work in process inventory were only 28​% of the way through the conversion process.
Physical Units Direct Materials Conversion Costs

Units accounted for:
Completed and transferred out 120,000
Ending work in process, August 31 35,000
Total physical units accounted for: 155,000
Total equivalent units

Required:
Complete the schedule by computing the total equivalent units of direct materials and conversion costs for the month. ​

Business
1 answer:
katovenus [111]3 years ago
6 0

Answer:

Explanation:

The total equivalent units of direct materials and conversion costs for the month has been computed and attached.

Note that the conversion cost for the ending work in process was calculated as:

= $35,000 × 28%

= $35,000 × 0.28

= $9,800

Check the attachment for further analysis.

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Poe Company is considering the purchase of new equipment costing $80,000. The projected net cash flows are $35,000 for the first
sergey [27]

Answer:

$23,773.65

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested

NPV can be calculated using a financial calculator :

cash flow in year 0 = $-80,000.

Cash flow in year 1 and 2 = $35,000.

Cash flow in year 3 and 4 = $30,000.

I = 10%

NPV = $23,773.65

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
Journalize the following five transactions for Nexium & Associates, Inc. Omit explanations.
-BARSIC- [3]

Answer:

Nexium & Associates Journal entries

March 1

Dr Accounts Receivable800

Cr Service Revenue 800

March 9

Dr Office Furniture1,060

Cr Office Supplies 160

Cr Accounts Payable1,220

March 15

Dr Accounts Payable1,220

Cr Cash1,220

March 23

Dr Electricity Expense430

Cr Accounts Payable430

March 31

Dr Salaries Expense850

Cr Cash850

Explanation:

The details given about Nexium & Associates are straight forward and required no further

adjustment.

8 0
3 years ago
Read 2 more answers
Pedro is using a blog to promote his Afro-Cuban band. His articles on topics ranging from his influences to the instruments used
german

Answer:

engagement, conversion

Explanation:

Blog refers to a web page run by an individual or small group with the purpose of marketing. Blog targets to the specific audience.

In the given question,

Pedro is using a blog to promote his Afro-Cuban band. His main purpose is to bring people to the online store where they can purchase CDs.

For Pedro, the two most important measurements he tracks are <u>engagement</u> and <u>conversion</u>

8 0
3 years ago
When a company does not have any convertible securities or options or warrants outstanding, the company has:
WITCHER [35]

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Hence , from the above we can conclude the right option is C.

6 0
3 years ago
The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.
jasenka [17]

Answer:

The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.

tactical, hands-on level

Explanation:

At the highest level of marketing management is the strategic level, which is more conceptual.  Down the scale is the tactical marketing plan, which specifies the marketing tools and techniques which a company will use to meet its marketing goals.   At this level, the tactical tools in use include advertising, sales promotions, and other activities that directly implement the strategic marketing plan.  The tactical level reduces the business strategic goals to marketing objectives.

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3 years ago
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