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Alekssandra [29.7K]
3 years ago
13

A worker received $5 for a daily wage in 1930, which has the equivalent value of $63.24 today. if the cpi was 17 in 1930 what is

the value of the cpi today, rounded to the nearest whole number?
a. 134

b. 215

c. 1.3

d. 17
Business
1 answer:
Katyanochek1 [597]3 years ago
6 0
17 which should equal 215.01 I think- sorry if I’m wrong
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Walborn Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a
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Answer:

The total cost of the units completed and transferred out of the department was a.$259,700

Explanation:

The Concept of Equivalent units measures the units in terms of completion percentage in their inputs

<em>Calculation of Equivalent Units in Goods Finished and Transferred out of the department:</em>

<em>It is important to note that physical units finished and transfered were 53,000 units</em>

<em>Therefore equivalent units were</em>

Materials 100%× 53,000 = 53,000

Conversion Cost 100%× 53,000 = 53,000

<em>Calculation of  total cost of the units completed and transferred out of the department</em>

Materials =53,000×$1.60 =$84,800

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4 0
3 years ago
Why does supply decrease when the price<br> of resources increases?
krek1111 [17]

Answer:

see below

Explanation:

Resources are the ( inputs) materials used in the production of goods meant for sale. The cost of inputs has a direct impact on the price of the finished goods(output).  An increase in the cost of inputs increases the cost of production. An increase in production cost increases without a corresponding rise in the selling price means that the profits margin per unit will decline.

Suppliers are motivated to sell or deliver more quantities in the market by profit prospects. An increase in the costs of inputs decreases profit margins. Reduced profits margin result in suppliers supplying reduced quantities in the markets.

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3 years ago
The following data have been provided by Letze Corporation from its activity-based costing accounting system: Factory supervisio
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Answer:

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Indirect factory labor = 60% of $220,000     132,000

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Factory supervision $ 460,000

Indirect factory labor $ 220,000

Distribution of Resource Consumption across Activity Cost Pools:

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Indirect factory labor    60%                   20%                20%      100%

b) Letze Corporation can use Activity-Based Costing as a system of cost accumulation and allocation based on activity cost pools so that overhead costs are assigned based on the level of activity which each cost pool generates.  It tries to tie costs to the activities that generate them.

3 0
3 years ago
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Answer:

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lakkis [162]

Answer:

a. Unity of direction

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Scalar chain: This scalar chain represents the rank from high authority to low authority in a straight line so that proper communication/ cooperation can be done without any misunderstanding.  

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In the given scenario, the unity of direction principle applies as the board of directors wants to establish an independent business so that each domain objective can be achieved so that it becomes to accomplish the organizational objective.  

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