Answer:
$170
Explanation:
As we know that
Total cost = Total fixed cost + total variable cost
The total fixed cost would remain the same whether the production level increases or not but the case is not the same as the total variable cost. In total variable cost, the output will change as per the production level changes
When output was 4 units per week, The total cost would be
= Total fixed cost + total variable cost
= $100 + $70
= $170
If there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is (D) $34.60.
<h3>
What is weighted-average costing?</h3>
- To apply the weighted average methodology, divide the cost of the commodities on the market by the number of units still on the shelf.
- This calculation results in the weighted average cost per unit, which can subsequently be used to allocate a cost to both ending inventory and the cost of goods sold.
- When you wish to give some numbers in a dataset more weight than others, you should use a weighted average.
- This is beneficial in situations where a single event might have several positive or bad outcomes, but the scale of the positive or negative outcomes varies.
Weighted average cost per unit formula = divide the total purchase price by the number of units available for sale
∴ $3,650 + $5,000 / 250 = $34.60
Therefore, if there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is (D) $34.60.
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Complete question:
Canners Company uses weighted-average costing. Beginning work in process inventory had $3,650 of material costs. During the period, $5,000 of materials and $9,250 in conversion costs were added. If there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is ______. Multiple choice question.
(A) $71.60
(B) $20.00
(C) $57.00
(D) $34.60
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<em>Answer:</em>
<em>Answer:If you haven’t been on a Disney vacation in the past decade, then you may not be familiar with Disney’s MagicBands. These bands, similar in size to a FitBit, were introduced in 2013 as part of a major technology overhaul to the guest experience at Walt Disney World. Disney guests start by planning their vacation and pre-booking many of their desired vacation experiences on My Disney Experience online accounts.</em>
<em>Answer:If you haven’t been on a Disney vacation in the past decade, then you may not be familiar with Disney’s MagicBands. These bands, similar in size to a FitBit, were introduced in 2013 as part of a major technology overhaul to the guest experience at Walt Disney World. Disney guests start by planning their vacation and pre-booking many of their desired vacation experiences on My Disney Experience online accounts.Once arriving on site at Disney, MagicBands are tools to unlock many features of that high-tech vacation experience. For example, guests can use MagicBands as a room key for on-property hotel rooms, to charge purchases, to scan into theme parks entrances and Lightning Lanes, and much more. MagicBands are made of flexible plastic and fit around guest wrists so they go can everywhere each guest goes.</em>
