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MC Qu. 98 At the beginning of the recent... At the beginning of the recent period, there were 1,470 units of product in a depart

agasfer [191]

Answer:

Using the weighted average method, the equivalent units produced by the department were:

= 8,760 units.

Explanation:

a) Data and Calculations:

Units Conversion

Ending inventory 1,560

Units completed 8,370

Units available 9,930

Beginning inventory 1,470 35%

Additional units started 8,460

Equivalent units of production:

Units completed 8,370 8,370 (100%)

Ending inventory 1,560 390 (25%)

Equivalent units of production 8,760

4 0

3 years ago

The government might enact a price ceiling in order to accomplish what

uysha [10]

A limit of spending of the government,

5 0

3 years ago

Read 2 more answers

dar Grove Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales o

Neporo4naja [7]

Answer:

.................................................................................................

Particulars Unit cost Amount

Sales income $ 47 $ 376,000

Less: Variable cost $ 24 $ 192,000

---------------------------------------------------------------------------

Contribution Margin $ 13 $ 184,000

Less: Fixed cost $ 124,000

---------------------------------------------------------------------------

Net income $ 60,000

...................................................................................................

Explanation:

Given:

Unit selling price = $ 47

Variable cost = $ 24

Total monthly fixed cost = $ 124,000

Number of units sold = 8,000

CVP income statement for Cedar Grove Industries for the month of May is as:

.................................................................................................

Particulars Unit cost Amount

Sales income $ 47 $ 376,000

Less: Variable cost $ 24 $ 192,000

---------------------------------------------------------------------------

Contribution Margin $ 13 $ 184,000

Less: Fixed cost $ 124,000

---------------------------------------------------------------------------

Net income $ 60,000

...................................................................................................

here, the amount is for the total unit i.e 8000 units multiplied by the unit cost

8 0

3 years ago

In 2012, Teller Company sold 3,000 units at $300 each. Variable expenses were $210per unit, and fixed expenses were $120,000. Th

katrin [286]

Answer:

Teller's break-even point in sales dollars for 2012 is $400,000

Explanation:

The formula to compute the break even point in dollars is shown below:

Break even point (in dollars) = (Fixed expenses) ÷ (contribution ratio)

where,

Fixed expense is $120,000

And, the contribution ratio equals to

= (Contribution per unit) ÷ (sales per unit) × 100

where,

Contribution is = Selling price - variable cost per unit

= $300 - $210

= $90 per unit

Now put the values to the above formula

So, the ratio would be

= ($90 per unit) ÷ ($300 per unit) × 100

= 30%

Now put the values to the above formula

So, the value would be

= $120,000 ÷ 30%

= $400,000

4 0

3 years ago

What habit should you follow to avoid the risk of contracting illnesses and infections

Setler79 [48]

washing your hands would for sure be a habit you should follow to avoid illnesses and infections.

4 0

4 years ago