Answer:
57 days
Explanation:
The computation of the cash conversion cycle is shown below:
The cash conversion cycle = Days inventory outstanding + days sale outstanding - days payable outstanding
= 54 days + 34 days - 31 days
= 57 days
Hence, the cash conversion cycle is 57 days
We simply added the days' sales in inventory and days sales' outstanding and deduct the days payable outstanding so that the cash conversion cycle could come
Answer:
The correct answer is: units started in production in Finishing for April.
Explanation:
It is an analysis of the activity of the department or cost center for the period. All costs attributable to a department or cost center are presented according to the elements of the cost center. A production cost report for each department can be prepared following a four-step approach. Each step represents a separate plan and the four plans together constitute a report of the cost of production.
Step 1: Post the physical flow of units (quantity plan)
.
Step 2: Calculate the equivalent production units (equivalent production plan).
Step 3: Accumulate the total and unit costs that will be accounted for by department (cost plan to be accounted for).
Step 4: Assign the accumulated costs to the units transferred or still in process (cost plan accounted for).
Answer:
For regular time manufacture :
Bookshelf month 1 = 3000
Month 2 = 2100
Floor. month 1 = 1500
Month 2 = 2040
For overtime manufacture:
Bookshelf month 1 = 0
Month 2 = 0
Floor. Month 1 = 900
Month 2 = 1460
For explanation see the picture attached
Patience and controlling , tense
