1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NeX [460]
4 years ago
10

The phantom corporation started 4,800 units during february. phantom started the month with 700 units in process (40% complete)

and ended the month with 400 units in process (40% complete). how many units were transferred to the finished goods inventory during february? rev: 03_04_2017_qc_cs-81379 5,100. 5,500. 5,380. 4,400.
Business
1 answer:
vovangra [49]4 years ago
3 0
<span>We were told they produced 700 units. So far so good, but I would like to ask 40% of how many total initialnunits? Let the unit be X so we have 40% * X = 700 units and similarly 40% * X = 400units. So we have that X = 700/.4 and X = 400/.4 this gives 1750 and 1000 units respectively. Total units transferred to the finished goods is 1750 + 1000 = 2750 units. With 4800-2750 =2050 still needing to be be produced.</span>
You might be interested in
Electronic Wonders reports net income of $95,000. The accounting records reveal Depreciation Expense of $50,000 as well as incre
zaharov [31]

Answer:

+ $148,000

Explanation:

As per the indirect method, Net Income is adjusted for the the non cash expenses and any increase or decrease in current assets and current liabilities. Increase in assets are subtracted whereas increase in liabilities are added and vice versa.

Cash flow from operating activities

Net income                                                                 $95,000

Add: Depreciation                                                       $50,000

Less: Increase in prepaid rent                                    $-40,000

Add: Increase in accounts payable                            $23,000

Add: Increase in Tax payable                                      $20,000

Net Effect of operating activities on cash flow          + $148,000

Hope that helps.

7 0
4 years ago
Suppose jim and tom can both produce baseball bats. if jim's opportunity cost of producing baseball bats is lower than tom's opp
ElenaW [278]
Jim has a near preferred standpoint in the generation of polished ash, which means Jim has the capacity of any given monetary performer to create products and ventures at a lower opportunity cost than other financial on-screen characters. Jim has a similar favorable position at creating something on the off chance that he can deliver it at a lower cost than any other person.
7 0
4 years ago
XYZ Corporation, located in the United States, has an accounts payable obligation of ¥750 million payable in one year to a bank
tamaranim1 [39]

Answer and Explanation:

The answer is attached below

3 0
3 years ago
What is meant by internet?​
love history [14]

Answer:

internet is a vast computer network providing communication and information throughout the world and it is easily accessible nowadays ❤️

7 0
3 years ago
Read 2 more answers
A monopolistic competitor wishing to maximize profit will select a quantity where marginal cost equals demand. marginal revenue
vodka [1.7K]

Answer:

  1. marginal revenue equals marginal cost.
  2. expand; increase profitability

Explanation:

A monopoly would seek to maximize its profit at a point where marginal revenue will equal marginal cost because at this point, resources are being fully and efficiently utilized. If more cost was incurred to produce then marginal cost would exceed marginal revenue and lead to losses.

The same goes for the firm producing at a quantity where marginal revenue is larger than marginal cost. They should expand their production levels so that their marginal cost equals marginal revenue as this will increase profitability.

3 0
3 years ago
Other questions:
  • An international firm considering foreign expansion should take into account that: a) the timing and scale of entry of foreign e
    5·1 answer
  • Which of the following is not true in regard to selling fixed assets?
    7·1 answer
  • When shopping for clothes and shoes, keep in mind the logo, team name, style or celebrity endorser question 1 options:
    7·1 answer
  • Exercise 7-14 surland Company expects to have a cash balance of s61.300 on January 1, 2017. These are the relevant monthly budge
    11·1 answer
  • . Which of the following describes a short position in an option? A. A position in an option lasting less than one month B. A po
    7·1 answer
  • On September 30, the Cash account of Value Company had a normal balance of $5,000. During September, the account was debited for
    11·1 answer
  • 50 points! marking brainliest​
    6·2 answers
  • Death benefit proceeds from a life insurance policy are included in a decedent's gross estate in which of the following circumst
    14·1 answer
  • The phrase ""generally accepted accounting principles"" is an accounting term that.
    11·1 answer
  • Why would it be better to be in a partnership?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!