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Art [367]
3 years ago
8

A department begins the month with 100 units at a cost of $7,500 in work in process. An additional 1,000 units are started durin

g the month and additional costs incurred are $12,500. At the end of the month, there are 200 units still in process which are 50% complete. The ending balance in Work in Process Inventory is $ .
Business
1 answer:
Bond [772]3 years ago
8 0

Answer:

$2,000

Explanation:

For computing the ending balance in Work in Process Inventory , first, we have to calculate the equivalent unit and the cost per equivalent unit which is shown below:

= Additional units - beginning units + still in process units × completion percentage

= 1,000 units - 100 units + 200 units × 50%

= 900 units + 100 units

= 1,000 units

Now cost per equivalent unit would be

= (Beginning cost + additional cost) ÷ (equivalent units)

= ($7,500 + $12,500) ÷ (1,000 units)

= $20,000 ÷ 1,000 units

= $20

Now the ending inventory equals to

= still in process units × completion percentage × cost per equivalent unit

= 200 units × 50% × $20

= $2,000

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Option [D] is the correct answer.

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<h3>Difference between a Manager and a Leader</h3>

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2 years ago
Sherry is trying to increase her daily exercise. She has downloaded an application on her phone that tracks how far and how long
leonid [27]

Based on this information and the components of self-regulation, Sherry is implementing <u>self-evaluation</u>.

<h3>What are self-regulation?</h3>

It is the ability to analyze the environment and the set of processes that we carry out in order to successfully manage ourselves whose components are self-observation, self-evaluation and self-reinforcement.

Self-evaluation component refers to the fact that the person determines some criteria that mark or guide the objectives that he wants to achieve, these criteria can contrast whether the change in behavior is the one he is looking for or not, according to his objectives.

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2 years ago
What's two examples of a direct competition?​
densk [106]

Answer and Explanation:

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3 years ago
Frankâ Pianki, the manager of an organic yogurt processing plant desires a quality specification with a mean of 18.0 âounces, an
aleksley [76]

Answer: 0.050

Explanation:

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Cpk = Min{(mean - LSL / 3*sd), (USL - mean / 3*sd)}

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Reika [66]

Answer:

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