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yaroslaw [1]
3 years ago
10

At the beginning of the month, the Forming Department of Martin Manufacturing had 14,000 units in inventory, 40% complete as to

materials, and 20% complete as to conversion. During the month the department started 68,000 units and transferred 70,000 units to the next manufacturing department. At the end of the month, the department had 12,000 units in inventory, 85% complete as to materials and 60% complete as to conversion. If Martin Manufacturing uses the FIFO method of process costing, compute the equivalent units for materials and conversion respectively for the Forming Department.
Business
1 answer:
Nuetrik [128]3 years ago
4 0

Answer:

The equivalent units for <em>materials and conversion</em> are 74,600 and 74,400 respectively for the Forming Department.

Explanation:

Equivalent unit of material

= 14000 x 60% + 56000 x 100% + 12000 x 85%

= 74600

Equivalent unit of conversion

= 14000 x 80% + 56000 x 100% + 12000 x 60%

= 74400

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Answer:

B. 2.05 times

Explanation:

Asset turnover ratio is computed by dividing net sales by average total assets

Given the following information about Maple Corp. for the year ended December 31, 2017

Beginning total assets = $83,200

Ending total assets = $116,500

Average total assets = (83,200+116,500)/2

                                  = 199700 /2

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net sales = $204,550

Asset turnover ratio = net sales/average total assets

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                                 = 2.05 times

6 0
3 years ago
Assume PRC Corp., an equipment distributor, sells a piece of machinery with a list price of $600,000 to ACH Inc. ACH will pay $6
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Answer:

b. $600,000

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The price that the company ACH pay by the product ($650,000) it's not at change on the price if not due to the payments term which is one year later, so the company ACH has to pay a financial cost because the payment will be made one year later.

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Answer:

Income will be higher by $16 per unit

Explanation:

As per the data given in the question,

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Total variable cost = $38 + $50 + $21

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8 0
3 years ago
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How would you suggest that Alliant measure the effects of a diverse workforce?

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For example, the design of a woman intimate personal care products made exclusively by man might originate products which aren't that good as designed products made by a diverse group man and woman.

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6 0
3 years ago
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Answer:

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\% \Delta P = \frac{10}{-1.5}\% \Delta P = -6.67 \%

7 0
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