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Ilya [14]
3 years ago
13

It is necessary to calculate equivalent units of production in a department because Select one: a. at times a department may use

a job order cost system and then switch to a process cost system. b. the physical units in the department are always 100% complete. c. a physical count of units is impossible. d. some units worked on in the department are not fully complete.
Business
1 answer:
Bond [772]3 years ago
3 0

Answer: The correct answer is "D. some units worked on in the department are not fully complete.".

Explanation: The equivalent units of production correspond to the number of finished units of an article that a company could have produced in theory, given the percentage amount incurred of direct materials, direct labor and manufacturing overhead during that period for items not yet finished.

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Equilibrium quantity must decrease when demand
spayn [35]
Increases and supply does not change, when demand does not change and supply increases.
7 0
3 years ago
Padco averages $15 million worth of inventory in all of its worldwide locations. They operate 51 weeks a year and each week aver
Phoenix [80]

Answer:

Option (d) is correct.

Explanation:

Given that,

Average inventory in all of its worldwide locations = $15 million

Operate in a year = 51 weeks

Weekly cost of goods sold = $3 million

Annual cost of goods sold:

= Weekly cost of goods sold × Number of weeks in a year

= $3 million × 51 weeks

= $153 million

Inventory turnover:

= Cost of goods sold ÷ Average inventory

= $153 million ÷ $15 million

= 10.2 turns

4 0
3 years ago
Stephanie Johns is a member in a store that is a nonprofit organization that buys grocery items in bulk. The savings on these bu
Luden [163]

Answer:

E.cooperative

Explanation:

Based on the information provided within the question it seems that Stephanie Johns is most likely shopping in a cooperative store. This is a type of store that is owned and managed by the customers themselves, using their own capital for the business and at the same time share in the dividends provided. Which in this case are savings from lower food prices.

8 0
3 years ago
Assume Intel Corporation (INTC) and Texas Instruments (TXN) report the following information. Intel Corp Texas Instruments ($ mi
KATRIN_1 [288]

Answer:

d. INTC: 2.36 TXN: 3.43

Explanation:

The property , plant equipment turnover is the ratio of sales divided by the amount of PPE as shown below:

PPE turnover=sales/(beginning PPE+ending PPE)/2

Intel Corporation (INTC):

PPE turnover=$38,826/($15,768+$17,111)/2

PPE turnover=$38,826/$16,439.50  

PPE turnover=2.36 times

Texas Instruments (TXN):

PPE turnover=$13,392/( $3,918+$3,899)/2

PPE turnover=$13,392/$3,908.50

PPE turnover=3.43 times

The correct option is D

3 0
3 years ago
Thyme, Inc. owns 16,000 of Sage Co.'s 20,000 outstanding common shares. The carrying value of Sage's equity is $500,000. Sage su
DedPeter [7]

Answer:

The total non controlling interest after the additional shares are issued is equal to $252,000.

Explanation:

Before the issue Sage co's had 20,000 shares with total equity value of $500,000. After the issue of 5000 shares worth $200,000, the total number of shares and equity would be -

Total number of shares = 25,000 ( 20,0000 + 5000 )

Total equity value          = $700,000

Now Thyme inc owns 16,000 number of shares , which means that minority holds 9000 number of shares . Now the price per share would be =

       TOTAL EQUITY / NUMBER OF SHARES

         $700,000 / 25,000

=        $28

NON CONTROLLING INTEREST = Minority shares x Price per shares

                                                      = 9000 x $28

                                                      = $252,000

8 0
3 years ago
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