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Burka [1]
3 years ago
5

in the camria company, materials are entered at the beginning of the process. if there is no beginning work in process, but ther

e is an ending work in process inventory, the number of equivalent units as to materials costs will be the same as the units started. less than the units completed. the same as the units completed. less than the units started.
Business
1 answer:
Harman [31]3 years ago
3 0

Answer:

the same as the units started.

Explanation:

Since the materials are added at the beginning of the work in process, the number of equivalent units as to materials costs = units started - beginning units work in process. Since beginning units works in process = 0, then the number of equivalent units will = number of units started.

All the units in the ending work in process have 100% of their materials added, so they are not included in this calculation.

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Explanation:

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I looked up the missing information and found the following:

total assets year 1 = $4,000,000

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average assets = ($4,000,000 + $4,300,000) / 2 = $4,150,000

asset turnover ratio = $7,000,000 / $4,150,000 = 1.6867 = 1.69

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Danner Company expects to have a cash balance of $58,050 on January 1, 2017. Relevant monthly budget data for the first 2 months
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Answer:

                                                                             January                  February

Beginning Cash Balance                                     58,050                  35,475

Add: Receipts

Collections from Customers                               109,650                 193,500

Sale of Marketable Securities                              <u>15,480</u>                 <u>       0      </u>

Total Receipts                                                   <u>   125,130    </u>             <u>  193,500</u>

Total Available Cash                                            183,180                  228,975

Less: Disbursements

Direct Materials                                                  64,500                      96,750

Direct Labour                                                      38,700                       58,050

Manufacturing Overhead                                  25,155                        30,315

Selling and Administrative                                 19,350                        25,800

Total Disbursements                                       <u>  147,705       </u>             <u>   210,915</u>

Cash Balance                                                     35,475                        18,060

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Less: Repayments                                          <u>       0           </u>                    <u>      0    </u>

Ending Cash Balance                                        35,475                         25,800

The company wants to maintain a minimum monthly cash balance of $25,800 so in February they will have to borrow;

= 25,800 - 18,060

= $7,740

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3 years ago
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