Answer:
The equivalent units for conversion costs under the FIFO method is 59,130 liters.
Explanation:
<u>Calculation of Equivalent units of Production for Conversion Costs</u>
Method : FIFO
To Compete Opening Work in Process (5,700 × 80%) = 4,560
Started and Completed (58,100 - 5,700) × 100% = 52,400
Closing Work in Process (3,100 × 70%) = 2,170
Equivalent units of Production for Conversion Costs = 59,130
Answer:
30%
Explanation:
The ratio of free cash flow to sales can be calculated by dividing the free cash flow by the sales amount as follows:
Ratio of free cash flow to sales = $60,000 ÷ $200,000 = 0.30, or 30%.
Therefore, the ratio of free cash flow to sales is 30%.
The average days for Vito, Inc to sell inventory must be 73 days.
<h3>What is inventory turnover ratio?</h3>
Inventory turnover is the rate that inventory stock is sold, or used, and replaced. It shows many times a company has sold and replaced inventory during a given period.
Given the above information,
Average days to sell inventory = 365 days / Inventory turnover ratio
Average days to sell inventory = 365 / 5
Average days to sell inventory = 73 days
Hence, the average days for Vito, Inc to sell inventory must be 73 days.
Learn more about inventory turnover ratio here : brainly.com/question/25266694
Answer:
The correct answer is Short run profits in the potato chip market.
Explanation:
The amount of the short-term gain is the difference between the capital asset base, usually the purchase price paid to buy it, and the sale price received for selling it. This means that short-term gains are generally taxed at the highest marginal tax rate of the taxpayer, while long-term capital gains are taxed at the tax rate of capital gains, which is often lower than the tax rate. marginal of a person.
The proposed scenario corresponds to a temporary situation, which can be caused by a specific event, a weather station, accessibility, etc. For this reason it is expected that in the short term sales of potato chips will increase, and on the contrary those of pretzels will decrease.
Sellers of both fries and pretzels know in advance what the behavior of their merchandise is, and they will recognize that the increase in one will mean the decrease in the other and vice versa.
<span>Due to the existence of a large number of similar, but not identical, substitutes in most communities, the market for chiropractors is best considered monopolistically competitive.
A monopolistic competition is when different producers sell products that are differentiated by branding/quality. Since they differentiate in such ways, they are not perfect substitutes for one another.
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