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Nuetrik [128]
4 years ago
10

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one depa

rtment for October: Percent Completed Units Materials Conversion Work in process, October 1 30,000 65 % 30 % Work in process, October 31 15,000 80 % 40 % The department started 175,000 units into production during the month and transferred 190,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Business
1 answer:
Zielflug [23.3K]4 years ago
4 0

Answer:

Equivalent units of production for Materials = 202,000 units

Equivalent units of production for Conversion =  196,00 units

Explanation:

Given the following:

                                                                        Percent Completed

                                                    Units          Materials       Conversion

Work in process, October 1      30,000             65%                 30%

Work in process, October 31     15,000             80%                 40%

Since,

Equivalent units of Production = Units completed + (Ending Work-in-process * Percentage of Completion)

We therefore have:

Equivalent units of production for Materials = 190,000 + (15,000 * 80%) = 202,000 units

Equivalent units of production for Conversion = 190,000 + (15,000 * 40%) =  196,00 units

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Answer:

=$167

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interest rate is 5%

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What Is the GDP Per Capita?

A country's economic output is broken down by its per-capita gross domestic product (GDP), which is derived by dividing the GDP by the population.

By dividing a country's GDP by its population, the per capita GDP may be used to measure a nation's economic production per person.

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Schrute Farm Sales buys portable generators for $460 and sells them for $750. He pays a sales commission of 5% of sales revenue
andrey2020 [161]

Answer:

his contribution margin is $75750

Explanation:

given data

buys = $460

sell = $750

sales commission = 5%

store rent = $7000

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to find out

what would be his contribution margin

solution

contribution margin is express as

contribution margin = sales - sales commission - cost of good sold    .........1

put here value

contribution margin = 300 × 750 - ( 300 × 750) 5%  - 300 × 460

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