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
Nuetrik [128]
3 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]3 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

You might be interested in
The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales $ 800,000 Net operating income $ 50,000 Averag
ELEN [110]

Answer:

ROI 87.5%

Explanation:

Return on Investment = return /investment

Total return

50,000 perating income + 20,000 residual income = 70,000 income

The asset could been adquire on lease or through liabilities, this is not investment. The investmetn made is the one done by the shareholders.

Stock Holders equity = investment = 80,000

The shareholders invest this amount to generate

70,000 dollars of return

ROI  70,000/80,000 = 87.5%

7 0
3 years ago
Louise purchased a disability policy when her salary was $4,000 a month. Later, she lost that job and her salary was reduced to
kondaur [170]

Answer:

$3,500

Explanation:

This is because every Health and Disability Income Policy express the conditions and provisions for continuation of the contract on the new income level.

3 0
2 years ago
Which individual is a producer?
Ronch [10]

Answer:

To be considered as a producer, we need to create some sorts of goods or services and exchange it with the customers in order to obtain some sort of financial gain. I believe that a host who seats customers in a busy restaurant would be considered a producer because he is providing a service to consumers.

Hope this helps!

7 0
3 years ago
Read 2 more answers
A division of Frank Clothiers had 36 openings for assistant store manager last year. As part of their voluntary affirmative acti
statuscvo [17]

Answer:

Explanation:

Yes, Disparate Impact Theory can be used in this case relating to the processes of subjective selection such as interrogations. If a discriminatory workplace practice has an unfair and aggressive impact on minorities, it may be in violation of Title VII. Professional individual employees who support on the basis of discretionary judgments without intending to do so are engaging in biased conduct.

The case of Watson V. Fort Worth Bank & Trust will be used to support my claim. Clara Watson turned down a promotion that was contingent on an interview under this scenario.

The U.s. Supreme Court Declared that a Title VII claim to a strategy of subjection enforcement can only be investigated under the unequal care principle. In the majority decision, the Court allowed the principle of (disparate effects) to apply to arbitrarily defined work practices.

4 0
2 years ago
Austin Financial recently announced that its net income increased sharply from the previous year, yet its net cash provided from
Helen [10]

Answer:

Option D) The company’s depreciation expense declined.

Explanation:

It happens  because when company´s depreciation decrease you have less cost of sales and an improvement in the Gross Margin and hence in the Net Income, but this enhancement in the Net Income has an opposite effect on Net Cash because less depreciation means less total cash,

Total Cash it's defined by Net Income plus Depreciation, a less Depreciation means less Net Cash.

5 0
3 years ago
Other questions:
  • How to never get corruption in songs on psp?
    15·1 answer
  • Suppose the chicago cubs could rent out wrigley field (the field the players play on) to local youth leagues for $11,000 per mon
    10·2 answers
  • ) in efficient market, prices appear to move randomly because
    6·1 answer
  • At an inflation rate of 7 percent, the purchasing power of $3 would be cut in half in 10.25 years. how long to the nearest year
    13·1 answer
  • If a manufacturing plant that employs 20% of the local labor force closes, the likely effect on the area’s real estate values
    7·1 answer
  • What advantages do chain stores have over individual stores?
    15·1 answer
  • Regarding the tax treatment of payments to securities holders, it is true that _______________, while ____________________.
    8·1 answer
  • Which of these approaches will NOT accelerate the completion of a project? Group of answer choices Increase the bureaucratic ove
    14·1 answer
  • Which of the following statements about cash equivalents is FALSE?
    6·1 answer
  • The third step in the organization development process is ______
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!