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
sergiy2304 [10]
3 years ago
13

Williams Company computed its cost per equivalent unit for direct materials to be $1.90 and its cost per equivalent unit for con

version to be $3.85. A total of 245,000 units of product were completed and transferred out as finished goods during the month. The ending Work in Process inventory consists of 26,000 equivalent units of direct materials and 26,000 equivalent units of conversion costs. The amount that should be reported in ending Work in Process Inventory is:
Business
1 answer:
Mamont248 [21]3 years ago
5 0

Answer:The amount that should be reported in ending Work in Process Inventory is:

=$149,500

Explanation:

Work-in-process inventory is materials that are unfinished or partially completed in a  production process.

Work in Process inventory = Direct materials cost+ conversion cost

  = (equivalent units of direct materials x direct material cost per unit) + (equivalent units of direct materials x conversation cost per unit )

=26,000 x $1.90 +  26,000 x $3.85

$49,400 + $100.100

=$149,500

The amount that should be reported in ending Work in Process Inventory is:

=$149,500

You might be interested in
Which of the following statement is correct?
EastWind [94]

Answer:

The answer is: Both statements are correct

Explanation:

Only the NYSE has a physical trading floor which s located on the famous Wall Street in New York. Nasdaq trades only electronically.

Some firms that qualify for trading at the NYSE (they meet the listing requirements of the NYSE), choose to trade at Nasdaq.

The main difference between the NYSE and Nasdaq is that NYSE is an auction market (individuals can trade between each other on an auction basis) while Nasdaq is a dealer's market (participants trade through dealers).

5 0
4 years ago
Bob, a merchant, makes an offer to Linda, another merchant, to buy 1,000 of her widgets in a signed letter containing all necess
Orlov [11]

Answer:

a. Linda's acceptance is effective and a contract is created.

Explanation:

A contract is created when there is an offer and acceptance of a transaction. When the contract is created it is enforceable and not revocable unless with the consent of parties involved.

Bob made an offer to Linda to buy her 1,000 of her widgets. The offer is open for 3 weeks and Linda accepted the offer within one week.

Although Bob tried to revoke the offer, since Linda has accepted it the contract is created and enforceable on Bob.

3 0
3 years ago
You are a Geographic Information System (GIS) specialist who normally works at the Public Works Planning office. You are directe
algol13

Answer:

Chain of Command and Unity of Command

Information and Intelligence Management

Explanation:

Chain of Command dives into the hierarchical structure of the organization and Unity of Commands refers to the fact that every individual has a designated supervisor that they report to. This is supported by the information given because you report to the Planning Section Chief.

On the other hand, because you are producing maps you support the Information and Intelligence Management which deals with "gathering, analyzing, assessing, sharing, and managing incident-related information and intelligence."

For more information check the following page: https://emilms.fema.gov/IS100c/groups/133.html

8 0
3 years ago
Read 2 more answers
Bobby is part of the marketing team of a company that sells various Bluetooth devices. The target customers for this product bel
Shtirlitz [24]

Answer:

BUDGET

Explanation:

Since Bobby wants to set aside money for each of the advertising media based on its relative potential, the component of the advertising plan that would help Bobby allocate money to the different media according to the finances available is budget.

The budget component of the advertising plan is where all costs related to the advertising activity are laid out, stating when they are due and how they will be met

6 0
4 years ago
What items are found in the MICR line on a check?
storchak [24]

The correct answer is the routing number, checking account number and check number.

There are three items found on the MICR line of a check. These items are the bank routing number (also called the ABA number), the checking account number and the check number. This is also the order that these numbers are found on a personal check.

4 0
3 years ago
Other questions:
  • If your new neighbor drilled a well and shortly thereafter your well went dry, what is the least that she might have to do to re
    14·1 answer
  • 1. Your church has decided that one of its missions will be to provide assistance to those members that demonstrate a need for a
    11·1 answer
  • ______________ produce fundamental changes that can transform a company or even revolutionize an industry, while ______________
    12·1 answer
  • A Japanese company has a bond outstanding that sells for 93 percent of its ¥100,000 par value. The bond has a coupon rate of 5.2
    14·1 answer
  • Saunders, Inc., has a ROE of 18.7 percent, an equity multiplier of 2.53 times, sales of $2.75 million, and a total assets turnov
    13·2 answers
  • Nico Corporation has cost of goods sold of $300,000 and inventory of $30,000, then the inventory turnover is ________ and the av
    15·1 answer
  • Which of the following is an appropriate base to distribute the cost of building depreciation to responsibility centers? Total b
    8·1 answer
  • In the context of the compensation of expatriate managers, a compensation system designed to match the purchasing power in a per
    14·1 answer
  • What protect the buyer before the sale and can reimburse the buyer after the sale if a title issue arises?
    6·1 answer
  • Have you been to a black Friday sale with your friends or family members?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!