Answer:
Total equivalent unit 86,688
Explanation:
We will use the weighted average method of valuation.
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.
</em>
Equivalent units = Degree of completion (%) × Number of units
Item Tons Working Equivalent units
Completed unit 82,400 82,400× 100% 82,400
Closing inventory 7,416 7,416 × 60% <u> 7,416 </u>
Total equivalent unit 86,687.6
Asians most likely have them because well..they just have them, no true explanation and scientists are thinking that they developed them for ancient asians in cold places like mongolia for protecting the eye, and just for the reasoning of being neighboring places, that wont really mean they will look similar or the same. and this is just what i think, personally.
Opportunity cost : the cost of an alternative that must be forgone in order to pursue a certain action
in this case, let's say that you use that $100 to buy a X-brand of sneakers. meanwhile there's Z-Brand sneakers, another alternative brand with same quality but it only cost $95, but you do not know about it. Which mean, you just loss $5 worth of opportunity cost