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RideAnS [48]
3 years ago
5

the pure food and drug act was an example of progressive legislation to protect consumers. true false

Business
2 answers:
olasank [31]3 years ago
8 0
Hello there. ;D

<span>The pure food and drug act was an example of progressive legislation to protect consumer

Answer: True</span>
Afina-wow [57]3 years ago
5 0
The answer is true, alcohol and cocaine and such were put in medicines, food productions were in unsanitary environments
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Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that
FinnZ [79.3K]

Answer:

1.Total Equivalent Units   Materials    471,600  Conversion     464,400

2. Cost Per Equivalent Unit Materials $ 1.33  Conversion   $ 0.75

3. Cost of Ending Work In Process  $ 39528

4. Cost Of Units Transferred Out = $ 936,000

5. Cost Materials  $ 627 228 and Conversion $348,300

Explanation:

Builder Products, Inc.,

Weighted-Average Method

1. Equivalent Units

Particulars              Units       % of Completion       Equivalent Units

                                       Materials Conversion   Materials Conversion

Transferred Out    450000     100         100             450,000      450,000

<u>Ending WIP           36000        60          40                21,600          14,400  </u>

<u>Total Equivalent Units                                              471,600       464,400</u>

Transferred Out units are calculated by adding Opening Inventory and production started and subtracting ending inventory units.

Transferred Out units = Opening Inventory+ production started -ending inventory units

Transferred Out units =76,000 + 410,00 - 36000= 450000 units.

2. Cost Per Equivalent Units

                                                     Materials         Conversion

Cost Of Opening Inventory         117,900                 53600

Cost Added                                  613,080              294,700

Total Costs                                <u>  624,980               348,300</u>

Equivalent Units                         471,600                464,400

Cost per Equivalent Unit            624980/471600        348300/464400

                                                      $ 1.33                           $ 0.75

3. Cost of Ending Work In Process  $ 39528

Materials = 21600 * $ 1.33= $ 28728

Conversion = 14400 * $ 0.75=  $10800

We multiply the equivalent number of units with the cost per unit to find the cost.

4. Cost Of Units Transferred Out = $ 936,000

Materials = 450 000 * $ 1.33= $ 598,500

Conversion = 450000 * $ 0.75 =  $ 337,500

5. A Cost Reconciliation Report

                                      Materials              Conversion

Ending WIP                     $ 28728                  $10800

<u>Transferred Out                $ 598,500             $ 337,500</u>

<u>Total                                </u><em><u> 627 228**</u></em><u>                 348,300</u>

These calculated costs reconcile with the costs given in the above data.

                                                   Materials              Conversion

Cost Of Opening Inventory         117,900                 53600

<u>Cost Added                                  613,080              294,700</u>

Total Costs                                <u>  </u><em><u>624,980**  </u></em><u>             348,300</u>

The difference is in the cost of materials which is actually <u> </u><em><u>624,980** and we found it out to be </u></em><u> </u><em><u> 627 228**</u></em><u>  .</u> This is because we rounded the Cost per Equivalent Unit of material from $ 1.325 to $1.33

If we multiply 1.325 *  471,600  we get $ 624870 which is almost the same.

5 0
2 years ago
Financial Institutions are described as having an asset transformation function. Explain this function and describe how a bank t
anyanavicka [17]

Answer:

In simple words, Asset transformation can be understood as the process of turning small denominational, instantly available, and generally riskless deposit accounts into lenders moderately risky, high denomination assets that are returned according to a specified schedule–from obligations (deposits) with distinct traits.

4 0
2 years ago
What is a source of equity financing?
Tpy6a [65]
The answer is B because I done my research online and I did my calculations and according to my calculations that’s the andwer
3 0
2 years ago
Based on predicted production of 17,000 units, a company anticipates $255,000 of fixed costs and $216,750 of variable costs. The
Arturiano [62]

Answer:

fixed costs = $255,000

variable costs = (15,000 / 17,000) x $216,750 = $191,250

Explanation:

A flexible budget is prepared in order to compare how budgeted revenues and costs actually worked out. In other words, if actual revenues and costs were similar to the budget previously prepared. A flexible budget adjusts actual results and helps management control how efficient the company was in following their budget. That is why a flexible budget is done after the budgeted period is over.

Fixed costs should not change (that is why they are fixed), but variable costs should change if the actual output was different than the budgeted output.

6 0
3 years ago
A municipal bond is paying a 6% annual yield. An equivalent risk corporate bond is paying 7%. Investors with a tax rate of ____
faltersainse [42]

Answer:

The correct answer is 25%

Explanation:

To calculate the value of the tax rate to decide on the municipal bond, we must take the information of the annual yield minus the expenses associated with this product, on the interest of the corporate bond:

Tax Rate = 1 - (0.0525 / 0.0700) = 25%

In this way, 25% or more, is a percentage of the tax rate that can make them decide on the municipal bond option.

6 0
2 years ago
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