1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kvasek [131]
3 years ago
8

M Company manufactures tables. At the beginning of December, the beginning work in process inventory was 300 units, which were 4

0% complete for conversion. 5,000 units were started in December. At the end of December, the ending work in process is 500 units, which are 50% complete for conversion. Using the FIFO process costing method, what are the December equivalent units for conversion
Business
1 answer:
katrin2010 [14]3 years ago
6 0

Answer: Equivalent units for conversion = 4870 units

Explanation:

Given that,

Beginning work in process inventory = 300 units

Beginning work in process inventory for conversion = 40% of 300 units

                                                                                       = 120 units

5,000 units were started in December.

Ending work in process = 500 units

Ending work in process inventory for conversion = 50% of 500 units

                                                                                  = 250 units

Units started and completed = 5000 - 500

                                                = 4500 units

Equivalent units for conversion = 4870 units

You might be interested in
In February, Pedro, the manager of a pool supply and cleaning company, is looking at the upcoming need for more workers to handl
Mademuasel [1]

Planning is the management process that Pedro is using.

Answer: Option A.

<u>Explanation:</u>

Management process is the process that has certain steps and procedures in it that a business organisation needs to follow to achieve the goals of the organisation and for the betterment of the business organisation for which the employers are working.

The various steps and procedures of the management process are planning, organizing, managing, leading, controlling and so on. Planning is the management process in which all the resources needed to achieve the organisational goals are planned and there is proper thinking before acting to achieve the goals.

5 0
3 years ago
The key to success for big and small businesses alike is
garri49 [273]

Answer:

acountability, kill bureaucracy before it starts - more functions, fewer departments, more “teams,” fewer committees, open lines of communication, the customer is everybody’s responsibility, never stop “re-inventing” the business.

Explanation:

8 0
3 years ago
A ________ gives a franchisee the right to produce and distribute the manufacturer's products, using supplies purchased from the
Mars2501 [29]
The answer is Product franchise. A product franchise is a diversifying assertion where producers enable retailers to disseminate items and utilize names and trademarks. An assembling establishment is a diversifying understanding where the franchisor enables a producer to create and offer items utilizing its name and trademark.
4 0
3 years ago
To indicate grouping in access, select _____ as the entry in the total row for the field to be used for grouping
Vinvika [58]
<span>Select the Group By function. This makes it so that records of the same group are placed onto a single record with a column that is added and holds a nested table of the remaining columns. This function also returns a table with records grouped together based on the values in one or more columns.</span>
3 0
3 years ago
Quantification of risk is difficult, and there are different types of risks, such as stand-alone risk, market risk, and politica
Tems11 [23]

Answer:

True

Explanation:

5 0
3 years ago
Other questions:
  • Q 9.1: When can interest be included in the acquisition cost of a plant asset?A : during the construction period of a self-const
    13·2 answers
  • 12.The metric that measures how well an enterprise is using customers to create short-term and long-term value is
    12·1 answer
  • Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho
    13·2 answers
  • Rio Coffee Shoppe sells two coffee drinks—a regular coffee and a latte. The two drinks have the following prices and cost charac
    10·2 answers
  • Based on a predicted level of production and sales of 12,000 units, a company anticipates reporting operating income of $28,000
    15·1 answer
  • Casey wants to calculate the monthly payments for each loan option that he is considering. Switch to the Loan Options worksheet.
    8·1 answer
  • Suppose an economic boom causes incomes to increase and, at the same time, drives up wages for the sales representatives who wor
    14·1 answer
  • Briefly explain the weaknesses of the RSA's Industrial Development Zones?
    13·1 answer
  • A bank with a negative repricing (or funding) gap faces refinancing risk. Group of answer choices True False
    8·1 answer
  • Your body uses minerals for many different jobs, including __________. (select all that apply.)
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!