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BigorU [14]
3 years ago
7

Nonuniform Inputs, Transferred-In Cost Drysdale Dairy produces a variety of dairy products. In Department 12, cream (transferred

in from Department 6) and other materials (sugar and flavorings) are mixed at the beginning of the process and churned to make ice cream. The following data are for Department 12 for August: Production: Units in process, August 1, 25% complete* 30,000 Units completed and transferred out 130,000 Units in process, August 31, 50% complete* 20,000 *With respect to conversion costs. 1. Prepare a physical flow schedule for the month. Drysdale Dairy Physical Flow Schedule For the Month of August Units to account for: Units in beginning work in process 30,000 Units started 120,000 Total units to account for 150,000 Units accounted for: Units transferred out 130,000 Units in ending work in process 20,000 Total units accounted for 150,000 Feedback Correct 2. Using the weighted average method, calculate equivalent units for the following categories: transferred-in, materials, and conversion. Transferred-In equivalent units Materials equivalent units Conversion equivalent units
Business
1 answer:
Crazy boy [7]3 years ago
7 0

Answer:

Explanation:

Opening units  30000

Started  120000

  150000

Closing  20000

Transffered  130000

   

   

                                            Production Table W.Avg Method  

   

   

                             A                   B                    C=A+B

Cost Element       Complete      Closing WIP  Equivellant production        

                                                                                                         units  

Material            130,000       20,000 (100%)                150,000  

Coversion Cost    130,000       10,000  (50%)                  140,000  

   

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Gault Corporation had the following shares of stock outstanding on December 31, 2018:
Andreas93 [3]

Answer:

The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

Explanation:

Cumulative preferred stock has the dominant right over common stocks in term of receiving cash dividend.

The dividend paid to preferred stock per year is: 100 x 20,000 x 8% = $160,000 and the company owed investor 03 years of dividend ( 2016,2017,2018) with the dividend payable amounted to 160,000 x 3 = $480,000.

The dividend paid to common stock is the left over, after paying to preferred stock holders, which is calculated as $800,000 - $480,000 = $320,000.

So, The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

5 0
3 years ago
The marginal propensity to save is 0.2. equilibrium gdp will decrease by $50 billion if the aggregate expenditures schedule decr
s344n2d4d5 [400]

The marginal propensity to save is 0.2. equilibrium gdp will decrease by $50 billion if the aggregate expenditures schedule decreases by:$10 billion.

<h3>Aggregate expenditures schedule</h3>

Using this formula

Aggregate expenditures schedule=Marginal propensity to save×Equilibrium gdp

Where:

Marginal propensity to save=0.2

Equilibrium gdp=$50 billion

Let plug in the formula

Aggregate expenditures schedule=0.2×$50 billion

Aggregate expenditures schedule=$10 billion

Therefore the marginal propensity to save is 0.2. equilibrium gdp will decrease by $50 billion if the aggregate expenditures schedule decreases by:$10 billion.

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3 0
2 years ago
You are given the following cost​ data: q TFC TVC 0 11 0 1 11 12 2 11 22 3 11 34 4 11 48 5 11 64 6 11 82 1. If the price of outp
pashok25 [27]

Answer:1 ) 6 units of output,( 2) Total revenue is $90, (3) Total Cost is $93

Explanation:

Q TFC TVC. TC

$ $ $

O 11 0 11

1 11 12 23

2 11 22 33

3 11 34 45

4. 11 48 59

5 11 64 75

6 11 82 93

To calculate the total cost

TFC + TVC = Total Cost

11 + 0 = 11

11 + 12 = 23

11 + 22 = 33

11 + 34 = 45

11 + 48 = 59

11 + 64 = 75

11 + 82 = 93

The total cost is $93

To calculate the Total revenue

Price × Quantity

Since price = $15, Quantity = 6 unit

15 × 6 = 90

Total revenue = $90

The firm will produce 6 units of output

6 0
3 years ago
Global Pictures is about to release their second feature film. Their first film was a blockbuster, and their pre-release campaig
Illusion [34]

Answer: Formulate criteria; so that the group members know the group goal and when it has developed a good solution

Explanation:

Standard agenda came about through John Dewey and he refered to it as the process whereby through reflective thinking, individuals find solutions to issues.

Based on the information given in the question, using the standard agenda approach, the task that they should primarily focus on is to formulate criteria to enable group members know the group goal and when it has developed a good solution.

8 0
3 years ago
During the current year, Comma Co. had outstanding: 25,000 shares of common stock; 8,000 shares of $20 par, 10% cumulative prefe
Sergeu [11.5K]

Answer:

The Comma’s basic earnings per share for the current year was $7.36

Explanation:

The computation of the earning per share is shown below

Earning per share = (Net income - preferred dividend) ÷ (Number of shares)

where,

Net income is $200,000

Preference dividend = Number of shares × price per share × rate

                                  = 8,000 shares × $20 × 10%

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And, the number of outstanding shares is $25,000

Now put these values to the above formula  

So, the value would equal to

=  ($200,000 - $16,000) ÷ (25,000 shares)

= $184,000 ÷ 25,000 shares

= $7.36 per share

3 0
3 years ago
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