Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
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Answer:
200,800 units
Explanation:
<u>Calculation of Equivalent units of Production of Conversion Costs</u>
Method : weighted-average method.
Completed and Transferred (181,000 × 100%) = 181,000
Ending Work In Process (33,000 × 60%) = 19,800
Equivalent units of Production of Conversion Costs = 200,800
The items that describes what happens at the equilibrium price are:
Producers supply the exact goods that consumers buy.
Consumers have enough goods, at the given price.
Producers used their resources efficiently.
Equilibrium pricing is when the items demanded match the items supplied. When this happens, the demand and good available equal each other, hence, equilibrium. The pricing is exactly where it should be for consumers to want and purchase the good or service.
The statement that was stated is true. It is true that if your driver license and plates have been under suspension for 30 days or more for a no-fault insurance violation, a police officer can seize your license plates immediately.