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aleksandrvk [35]
2 years ago
12

The cost of direct materials transferred into the Bottling Department of Mountain Springs Water Company is $538,900. The convers

ion cost for the period in the Bottling Department is $592,000. The total equivalent units for direct materials and conversion are 31,700 and 7,400, respectively. Determine the direct materials and conversion cost per equivalent unit.
Business
1 answer:
zaharov [31]2 years ago
6 0

Answer: 17 per unit; 80 per unit

Explanation:

From the question, we are informed that the cost of direct materials transferred into the Bottling Department of Mountain Springs Water Company is $538,900 and that the conversion cost for the period in the Bottling Department is $592,000 while the total equivalent units for direct materials and conversion are 31,700 and 7,400, respectively.

The direct materials cost per equivalent unit will be the cost of direct materials that is transferred into the Bottling Department of Mountain Springs Water Company which is $538,900 divided by the total equivalent units for direct materials which is 31700. This will be:

= $538,900/31700

= 17 per unit

The conversion cost per equivalent unit will be the conversion cost for the period in the Bottling Department which is $592,000 divided by the total equivalent units for conversion which is 7,400. This will be:

= $59200/7400

= 80 per unit

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1 year ago
Information technology has been used to improve both internaland external access and sharing of information. Three main kinds of
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Answer:

1. Executive Information System (EIS).

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3. Intranet.

Explanation:

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An information technology (IT) interacts with its environment by receiving data in its raw forms and information in a usable format.

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8 0
2 years ago
You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.32 per share and is tr
MrMuchimi

Answer:

The 1-year HPR for the second stock is <u>12.84</u>%. The stock that will provide the better annualized holding period return is <u>Stock 1</u>.

Explanation:

<u>For First stock </u>

Total dividend from first stock = Dividend per share * Number quarters = $0.32 * 2 = $0.64

HPR of first stock = (Total dividend from first stock + (Selling price after six months - Initial selling price per share)) / Initial selling price = ($0.64 + ($31.72 - $27.85)) / $27.85 = 0.1619, or 16.19%

Annualized holding period return of first stock = HPR of first stock * Number 6 months in a year = 16.19% * 2 = 32.38%

<u>For Second stock </u>

Total dividend from second stock = Dividend per share * Number quarters = $0.67 * 4 = $2.68

Since you expect to sell the stock in one year, we have:

Annualized holding period return of second stock = The 1-year HPR for the second stock = (Total dividend from second stock + (Selling price after six months - Initial selling price per share)) / Initial selling price = ($2.68+ ($36.79 - $34.98)) / $34.98 = 0.1284, or 12.84%

Since the Annualized holding period return of first stock of 32.38% is higher than the Annualized holding period return of second stock of 12.84%. the first stock will provide the better annualized holding period return.

The 1-year HPR for the second stock is <u>12.84</u>%. The stock that will provide the better annualized holding period return is <u>Stock 1</u>.

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3 years ago
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Lostsunrise [7]

Answer:

A.$2,619

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C.$839

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Calculation to Determine the amount to be paid in full settlement of each of the invoices,

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