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Angelina_Jolie [31]
3 years ago
12

A pizza company produces frozen pizzas in three departments: assembly, freezing, and packaging. In assembly, crust ingredient ar

e added at the beginning of the process. After the crust is made, the sauce, cheese, and toppings are added at the end of the process. Conversion costs are added evenly. Data for the assembly department includes: Beginring WIP Inventory 0 units 26,000 units 22500 unit 3,500 units $33,880 Units started Units tedjtranaferred to free zing WIP (65% through assembly) ning Crust ingredients added Cheese added Sauce and toppings Direct labor Manufacturing Overhead added $7,500 24,00 The cost per equivalent unit for conversion costs would be closest to $1.20. $1.00. O$1.30. $1.01

Business
1 answer:
ycow [4]3 years ago
6 0

Answer:

$1.20 per unit

Explanation:

Given that,

Missing data table is attached with the answer.

Equivalent units for Conversion costs:

= Units completed + Ending work in process

= 22,500 units + (65% × 3,500 units)

= 22,500 units + 2,275 units

= 24,775 units

Total conversion costs:

= Direct labor + Manufacturing Overhead

= $24,000 + $5,730

= $29,730

Cost per equivalent unit for conversion costs:

= Total conversion costs ÷ Equivalent units for Conversion costs

= $29,730 ÷ 24,775 units

= $1.20

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Vladimir79 [104]

Answer:

The rationale for conducting active policy is the interest of Congress to alter the state of the economy through a deliberate change in established policies.

But in the case of Passive policy, the government permits the status quo.

Active policy relies on the government to enforce it while passive policy does not need the government's interference to work in stabilizing the economy.

Explanation:

The following statements applies passive policy because the economy is expected to stabilize on it's own without the deliberate act of congress influencing it:

  • Economic circumstances can change dramatically between the time that an economic downturn begins and the time when policy actions have an effect on the economy.
  • Fluctuations in economic output have been less severe since World War II.

The following statements is a rationale for conducting active policy since the government's intervention is required:

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  • Increases in government spending generate increases in economic output.
6 0
3 years ago
A nondiscriminating monopolist:
max2010maxim [7]

Monopolists do not prefer to produce in the when the demand for a good produced by them is inelastic. Option B is the correct answer.

  • It is common to observe that monopolists, avoid engaging production when the demand for their product becomes inelastic.
  • In order to understand this situation, it is important to address the meaning of inelastic demand.
  • The term 'inelastic demand' refers to a situation where the demand for a product does not increase/decrease (change) when there is an increase/decrease (change) in its price.
  • This does not lead to profits for a monopolist.
  • It is because, a firm will be able to secure profits by producing lower amounts of goods for a higher price when the demand is elastic.
  • Hence, when the demand is inelastic, the increase in the quantity will be sold at the previous standard price, leading to a fall in terms of the total revenue.

Therefore, it is clear that a monopolist will not produce when the demand for a good is inelastic.

Learn more about Demand Elasticity here:

brainly.com/question/5078326

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3 0
1 year ago
Sheridan Company issued $6,500,000 of 6%, 10-year bonds for $5,614,000. The straight line method of amortization is to be used.
Mrac [35]

Answer:

The solution of the given query is explained throughout the segment below.

Explanation:

The given values are:

Company issued amount,

= $6,500,000

Rate of interest,

= 6%

Time,

= 10 years

Now,

On bonds payable amortization, the discount will be:

= \frac{6,500,000 -5,614,000}{10}

= \frac{886,000}{10}

= 88,600 ($)

Interest expenses will be:

= (6,500,000\times 6 \ percent) + 88,600

= 390,000+88,600

= 478,600 ($)

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3 years ago
Who is Bill Gates and where does he live or stay​
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3 years ago
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Grace [21]

Answer and Explanation:

1. The Journal entry is shown below:-

Notes receivable Dr, $33,000

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(Being sales is recorded)

2. The computation of interest is shown below:-

Interest = $33,000 × 4% × 6 ÷ 12

= $660

3. The Journal entry is shown below:-

Cash Dr, $33,660

       To Interest income $660

       To Notes receivable $33,000

(Being collection of notes receivable is recorded)

3 0
3 years ago
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