What are some of the roadblocks to economic development in west africa?

g Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding

FromTheMoon [43]

Answer:

Total equivalent unit of material = 140,000 units

Explanation:

Equivalent units are used to apportion cost between completed units and work in progress. They represent notional whole units which represent incomplete work.

Under the first in first method , to account for completed units during a production period the opening inventory units are assumed to completed first before newly the newly introduced units.

So we can work out the equivalents units as follows:

Fully worked units :These represent units started this period of production and completed in the same period. This is given as 110,000 units

Equivalent units (EU)

Item unit Workings EU

Opening inventory 25,000 0% × 25,000 = 0

Fully worked 110,000 100% × 110,000 = 110,000

Closing inventory 30,000 100%× 30,000 = 30,000

Total equivalent unit of material 140,000

Note that for the opening inventory already 100% material work has been done the preceding period , so there wont be any work left to be done in respect of materials.

5 0

3 years ago

The analysis of the behavior of individual decision-making units is the definition of

Sphinxa [80]

Answer : A) Microeconomics

7 0

3 years ago

Read 2 more answers

16) If the supply of iPads increases, then

trasher [3.6K]

Answer: The market demand curve for soft drinks will shift to the left and the market supply curve will shift to the left as well: equilibrium quantity will decrease and the equilibrium price may rise, fall, or remain the same. The graphs below illustrate this idea.

Explanation:

8 0

3 years ago

The opportunity cost of an item is a. what you give up to get that item. b. usually less than the dollar value of the item. c. t

Jobisdone [24]

Answer: a

Explanation:

Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another. While financial reports do not show opportunity cost, business owners can use it to make educated decisions when they have multiple options before them.

Because by definition they are unseen, opportunity costs can be easily overlooked if one is not careful. Understanding the potential missed opportunities foregone by choosing one investment over another allows for better decision-making.

Opportunity cost analysis also plays a crucial role in determining a business's capital structure. While both debt and equity require expense to compensate lenders and shareholders for the risk of investment, each also carries an opportunity cost. Funds used to make payments on loans, for example, are not being invested in stocks or bonds, which offer the potential for investment income. The company must decide if the expansion made by the leveraging power of debt will generate greater profits than it could make through investments.

6 0

2 years ago

Executives who make assumptions about what an adversary can and cannot do put their organization's performance in jeopardy. Grou

ehidna [41]

Answer:

The statement is: False.

Explanation:

Managers must make decisions based on facts and support data -such as the accounting books of the company- since those sources provide objective information on what is happening in regards to the organization. Even if they might be allowed to follow their instinct in taking risky investment decisions, a study must be made before taking a step forward to analyze what the best output could be.

Thus, guessings and personal points of view are not enough for managers to conduct business.

4 0

3 years ago