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
yuradex [85]
3 years ago
13

The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1, 25

% completed 1,500 units Transferred to finished goods during June 5,000 units Equivalent units of production during June 5,200 units Determine the number of equivalent units of production in the June 30, Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories. The completion percentage of 25% applies to both direct materials and conversion costs. a.300 units b.1,000 units c.575 units d.200 units
Business
1 answer:
Mazyrski [523]3 years ago
8 0

Answer:

c. 575units

Explanation:

EUP - FIFO Method

Units

% completed

EUP

Units STARTED & COMPLETED

3,500 [5000 units – 1500]

100%

3,500

Units of beginning WIP

1,500

75.00%

1,125

Equivalent Units of Production for units transferred

4,625

Total Equivalent units = 5200 units

Equivalent units for units transferred = 4625 units

Equivalent units for ending inventory = 5200 – 4625 = 575 units

as the answer

You might be interested in
You are interested in hiring an ergonomics consultant to evaluate your employees' desks and chairs. You research four consultant
spin [16.1K]

Answer:

#3

Explanation:

Ergonomics consultant #1 has a price of $35 and positive feedback of 80%.

Ergonomics consultant #2 has a price of $40 and positive feedback of 100%.

Ergonomics consultant #3 has a price of $100 and positive feedback of 75%.

Ergonomics consultant #4has a price of $30 and positive feedback of 90%.

Comparing, we can deduce that Ergonomics consultant #3 has the highest prices and lowest positive feedback rating.

5 0
4 years ago
A bond issued by the U.S. Treasury with a maturity of 90 days is sold on the
defon

Answer:

o money

Explanation:

as the exchange rates can dramatically change in very little time

6 0
3 years ago
Read 2 more answers
Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $125,000. The
Sonbull [250]

Answer:

What is Bob’s basis in the warehouse and in the land?

  • warehouse basis = $53,571
  • land basis = $71,429

Explanation:

since the total appraisal value was $75,000 + $100,000 = $175,000, we must allocate the basis using a coefficient = $125,000 / $175,000 = 0.714285

  • warehouse basis = appraised value x coefficient = $75,000 x 0.714285 = $53,571
  • land basis = appraised value x coefficient = $100,000 x 0.714285 = $71,429
  • total = $53,571 + $71,429 = $125,000 (total purchase price)

Since the transaction price was lower than the appraised value, we must adjust the basis for both the land and the warehouse in the same proportion.

7 0
3 years ago
What is the yield to maturity (YTM) on a share of Six Flags B $1.81 preferred stock if an investor buys the stock at the followi
Roman55 [17]

Answer:

Answer is given below.

Explanation:

Preferred stock yield = dividend/ stock price

a) dividend =$1.81 , stock price =$30

Preferred stock yield = $1.81/$30= 6.033%

b) dividend =$1.81 , stock price =$25

Preferred stock yield = $1.81/$25=7.24 %

8 0
3 years ago
When reviewing the offering documents for a new issue, the FINRA Corporate Financing Department will only permit a new issue to
Dmitrij [34]

The FINRA Corporate Financing Department will only approve a new issue to be offered by a member firm after analyzing the offering documentation for the new issue and determining that the offering spread is reasonable and fair.

<h3>What does the finance department do?</h3>

A business's finance department is the division in charge of procuring and managing all financial resources on the company's behalf. The department oversees income and expenses in addition to ensuring that operations function smoothly with the least amount of disturbance.

<h3>How does a financial department operate?</h3>
  • Banking, leverage or debt, credit, capital markets, money, investments, and the design and management of financial systems are all included in the field of finance.
  • Micro economic and macroeconomic theories form the foundation of fundamental financial ideas.
<h3>Why is a company's finance department important?</h3>

A company's finance department is crucial in monitoring performance and developing answers to vital inquiries concerning risk management and return on investment. There won't be a green light without a profit.

learn more about finance department here

<u>brainly.com/question/22525869</u>

#SPJ4

7 0
2 years ago
Other questions:
  • Find last​ year's salary​ if, after a 4% pay​ raise, this​ year's salary is $39,000.
    5·1 answer
  • Because it is difficult for economists to use experiments to generate data, they generally must a. use whatever data the world g
    12·1 answer
  • Jamarcus, a full-time student, earned $2,500 this year from a summer job. He had no other income this year and will have zero fe
    15·1 answer
  • Explain the difference between primary and secondary industries ​
    15·1 answer
  • Rodriguez Corporation issues 6,000 shares of its common stock for $96,000 cash on February 20. Prepare journal entries to record
    13·2 answers
  • Swifty, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments
    9·1 answer
  • The following selected transactions apply to Book Yard Store for November and December, Year 1. November was the first month of
    12·1 answer
  • What is accountancy​
    11·2 answers
  • 13
    14·1 answer
  • Refer to the short-run data in the accompanying graph. The profit-maximizing output for this firm is...
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!