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WARRIOR [948]
3 years ago
8

Outose Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the produ

ction cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before​ inspection, some units are spoiled due to undetectable materials defects. Inspection occurs when units are​ 60% converted. Spoiled units generally constitute​ 6% of the good units. Data for December 2017 are as​ follows: ​WIP, beginning inventory​ 12/1/2017 ​22,500 units Direct materials​ (100% complete) Conversion costs​ (75% complete) Started during December ​ 76,700 units Completed and transferred out​ 12/31/2017 ​72,300 units ​WIP, ending inventory​ 12/31/2017 ​18,400 units Direct materials​ (100% complete) Conversion costs​ (65% complete) Costs for​ December: ​ WIP, beginning​ Inventory: Direct materials ​$159,000 Conversion costs ​77,800 Direct materials added ​232,400 Conversion costs added ​293,000 What is the number of total spoiled​ units? A. ​4,162 units B. ​4,338 units C. ​8,500 units D. ​10,435 units
Business
1 answer:
Radda [10]3 years ago
6 0

Answer:

Option (C) is correct.

Explanation:

Given that,

Data for December 2017,

WIP, beginning inventory​ 12/1/2017 = 22,500 units

Started during December = ​ 76,700 units

Units Completed and transferred out​ 12/31/2017 = 72,300

Ending inventory​ 12/31/2017 = ​18,400 units

Therefore,

Number of total spoiled​ units:

= (Beginning inventory + Started during December) - (Units Completed and transferred out​ + Ending inventory​)

= (22,500 +  76,700) - (72,300 + 18,400)

= 99,200 - 90,700

= 8,500 units

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You are working alone and your shift is due to be over at 6 p.m. The individual who is scheduled to begin working at 6 p.m. does
Stells [14]

Answer:

You should call your manager or supervisor. It is not your responsibility to cover for someone else. You could also call in someone else in the position to see if they wanted to come in. explain the situation, you ask to be relieved or get paid double time for overtime, if that is not an option close up shop, and make sure everything is secure and locked up properly, then go home. You have done everything you are supposed to do, now the responsibility rests with your boss.

7 0
2 years ago
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Which career would organize, train, and support teachers and educational workers to help them provide better
Tresset [83]

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(C)

Explanation:

Hope It Helps  ;)

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3 years ago
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which will typically decrease with large number of units produced, fixed costs, total variable costs, fixed cost per unit, varab
Nady [450]

Answer:

fixed cost per unit,

Explanation:

Fixed cost is cost that does not vary with output. It remains constant regardless of the units of output produced. An example of fixed cost is rent.

fixed cost per unit = fixed cost / output

Let us assume that rent (fixed cost) is $500. When output is 1 unit,  fixed cost per unit = $500 / 1 = $500

when output is 2 units,  fixed cost per unit = $500 / 2 = $250

when output is 10 units ,  fixed cost per unit = $500 / 10 = $50

4 0
3 years ago
Clabber Company has bonds outstanding with a par value of $119,000 and a carrying value of $108,700. If the company calls these
Vladimir79 [104]

Answer:

option (b) $4,200 gain

Explanation:

Data provided in the question:

Par value of outstanding bonds  = $119,000

Carrying value of the bonds = $108,700

Price at which bond is called = $104,500

Now,

Gain on the retirement is calculated using the relation as;

Gain on retirement

= Carrying value of Bonds - Price at which bond is called

= $108,700 - $104,500

= $4,200

Since, the result is positive, therefore a gain will be recognized

Hence, correct answer is option (b) $4,200 gain

6 0
3 years ago
Assume that the reserve ratio is 20% and banks in the system are loaning out all their excess reserve. If people collectively ca
Alex17521 [72]

Answer:

C. decreased by $40 billion

Explanation:

For computing the lending ability, first we have to determine the money multiplier which is shown below:

We know that

Money multiplier = 1 ÷ reserve ratio

                            = 1 ÷ 20%

                            = 5

So, the total cash would be

= $10 billion × $5

= $50 million

Now the lending ability would be

=$50 billion × (1 - 20%)

= $50 billion × 0.80

= $40 billion

6 0
3 years ago
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