Answer and Explanation:
c. appear in mature industries where demand is relatively constant and predictable
Answer:
62,400 units
Explanation:
The computation of the equivalent units for conversion cost is shown below:
= Started and completed units × completion percentage + closing inventory units × completion percentage
where,
Started and completed units is
= 65,000 units - 6,500 units
= 58,500 units
So the equivalent units is
= 58,500 units × 100 + 6,500 units × 60%
= 58,500 units + 3,900 units
= 62,400 units
The 3/5 finished means 60% is finished
Answer:
$160,000
Explanation:
If the beverage sales represent 20% of the total sales, to find out the dollar amount of beverage sales, all we need to do is multiply the total sales x 20%:
beverage sales = $800,000 x 20% = $160,000
food sales = total sales - beverage sales = $800,000 - $160,000 = $640,000
Answer:
B. $497,000
Explanation:
Consolidated Balance of Equipment
Excess value at the acquisition $110,000
($350,000-$240000)
Book value as on Dec 31 2018 of Ford $170,000
Book value as on Dec 31 2018 of Regent $250,000
Less: excess depreciation <u>-$33,000 </u> ($110,000/10*3)
Consolidated balance of equipment <u>$497,000</u>
