Answer:
128,000 units
Explanation:
The calculation of the equivalent units of production using the weighted average method is given below:
= Total units of finished goods × completion percentage + ending work in process units × completion percentage
= 107,000 units × 100% + 42,000 units × 50%
= 107,000 units + 21,000 units
= 128,000 units
Hence, the equivalent units of production of direct labor is 128,000 units.
Answer:
The answer is true
Explanation:
The law of comparative advantage describes how, under free trade, an agent will produce more of and consume less of a good for which they have a comparative advantage.
Answer:
1.267 = Overhead Rate
Explanation:
<em>As general approach,</em> the manufacturing rate, along with any rate is done by dividing the cost by a cost driver.
In this case teh cost is the manufacturing overhead and the cost driver the direct materials cost:
<em>Using Direct Materials cost, the rate would be:</em>
Total staff = 4 + 20 + 4 + 2 + 50 = 80
P(Factory Worker) = 50/80 = 5/8
Answer: 5/8
