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4 years ago

PB4.

Business

1 answer:

harkovskaia [24]4 years ago

4 0

Answer:

The process cost summary is given below.

A-Total Material Cost = $22,500

B-Total Conversion costs = $95,625 (45,625+50,000)

C-Units transferred out = 40,000

D-Ending Inventory = 10,000

E-Equivalent units of material = 45,000

F-Equivalent units of conversion costs = 42,500

G-Equivalent cost per unit of material = $0.5 (A/E)

H-Equivalent cost per unit of conversion costs = $ 2.25 (B/F)

I-Equivalent cost per unit = $2.75 (G+H)

J-Cost of inventory transferred = $ 110,000 (I*C)

K-Cost Of Ending Inventory = $ 8,125 (H*(F-C) + (5000*0.5))

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On March 1, 2019, Baltimore Corporation had 65,000 shares of common stock outstanding with a par value of $5 per share. On March

andreyandreev [35.5K]

Answer:

retained earnings 175,500

common stock 48,750

paid in excess of par 126,750

Explanation:

The diivdends are 15% so we multiply this by the shares outstanding to know the amount of shares:

65,000 x 15% = 9,750 shares

Then we multiply by the market value to know the amount needed:

9,750 x $18 market value = $175,500 stock dividends

The common stock will be 9,750 at par

and the remainder will be paid in excess.

9,750 x 5 = 48,750 CS

175,500 - 48,750 = 126,750

7 0

4 years ago

Suppose the economy is closed with national saving of $3 trillion, consumption of $10 trillion, and government purchases of $4 t

yanalaym [24]

Answer:

The correct answer is: $17 trillion.

Explanation:

The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces and it measures the size of the economy. The GDP is determined with the following formula:

GDP = C + G + I + NX

where:

C: private consumption or consumer spending
G: government spending
I: businesses' capital spending
NX: net exports (exports - imports)

In the example:

GDP = $3 trillion + $10 trillion + $4 trillion = $17 trillion

4 0

4 years ago

Assume you're using a three button mouse to access a short cut, you would

LenKa [72]

I believe its the right sided button.

The middle button would be to scroll and the left would be to select something.

5 0

3 years ago

A florist wishes to make bouquets of mixed spring flowers. part of each bouquet is to be tulips at $5 a bunch and part is to be

garri49 [273]

To solve the problem we are going to take into account a system of equations:
Let:
x = number of tulips
y = amount of daffodils
We have then:
x + y = 15
5x + 2y = 45
Resolving we have:
Step 1:
Multiply equation 1 by 2
2x + 2y = 30
5x + 2y = 45
Step 2:
subtract equation two from one:
3x = 15
x = 15/3 = 5
Step 3:
Clear y:
x + y = 15
y = 15-x
y = 15-5
y = 10
answer:
she should use 5 tulips and 10 daffodils

6 0

3 years ago

Read 2 more answers

Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 50,00

pochemuha

Answer:

The incremental costs of making and buying component RX5 is $100,000

Explanation:

For computing the increment cost of making and buying component RX5, first we have to compute the cost of making and buying component RX5 separately.

Cost of making includes:

Direct Material = 50,000 × $5 = $250,000

Direct Labor = 50,000 × 9 = $450,000

Variable Overhead cost = 50,000 × 10 × 30% = $150,000

So, total cost of making = Direct material cost + direct labor cost + variable overhead cost

= $250,000 + $450,000 + $150,000

= $850,000

Now, the cost of buying component is equals to

= units × RX5 per unit

= 50,000 × $19

= $950,000

So, the incremental costs of making and buying component RX5 is equals to

= cost of making - cost of buying component

= $950,000 - $850,000

= $100,000

Hence, the incremental costs of making and buying component RX5 is $100,000

7 0

4 years ago