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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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Answer:

"Priceless" advertisings for Mastercard.

Explanation:

The advertising describes memorable situations that you find priceless like, the smile of a child, sports moments are also used like winning tennis titles celebrations for Roger Federer.

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6 0
3 years ago
Turner Inc. produces two products P1 and P2. The company has provided you with the following information. Assume that the curren
Nesterboy [21]

Answer:

B. The operating leverage for Turner now is 0.47  ⇒ TRUE

operating leverage = fixed costs / total costs = $240,000 / $510,000 = 0.47

C. Turner makes a contribution of $0. 57 per dollar of revenue, on the average.  ⇒ TRUE

total contribution margin = ($20 x 9,000) + ($30 x 6,000) = $180,000 + $180,000 = $360,000

total revenue = $630,000

contribution margin per $ of revenue = $360,000 / $630,000 = $0.57

D. Turner will break even when it reaches a revenue of $420,000.  ⇒ TRUE

break even point in $ = (6,000 x $30) + (4,000 x $60) = $180,000 + $240,000 = $420,000

Explanation:

A. 40% of Turner's revenue comes from P2  ⇒ FALSE

total revenue = $270,000 + $360,000 = $630,000

revenue from P2 = $360,000, which represents 57.14% of total revenue

E. The breakeven volume for Turner is 9,334 units ⇒ FALSE

in order to calculate break even point, we can prepare a bundle of products = 3P1 + 2P2

contribution margin per bundle = $120

break even point = $240,000 / $120 = 2,000 bundles

6,000 P1 and 4,000 P2

7 0
3 years ago
4. Operating Cash Flow [L02] In comparing accounting net income and operating cash flow, name two items you typically find in ne
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Answer:

1. Depreciation or Amortization of Assets

2.Profit or Loss on sale of Assets

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So in the profit calculation you would find some non-cash items that include estimate of depreciation expense or amortization cost of intangible assets or a profit or loss on sale of a PPE item.

Whereas in Operating Cash Flow determination only cash items are considered and all non-cash items are removed from profit of the year to reach an amount of Operating Cash Flow.

8 0
3 years ago
Broker rob believes he is being approached by a fair housing tester. what should rob do?
jeka57 [31]

Broker Rob appears to believe he is being contacted by a housing discrimination tester.

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4 0
2 years ago
Boris, Inc. sells a single product for $900 per unit, including a 90-day warranty against defects. It is estimated that 3% of th
Dimas [21]

Answer:

the  amount that added to estimated liability is $1,330

Explanation:

The computation of the amount that added to estimated liability is as follows

= 800 units sold × 3% defective - five defective units

= 24 units - 5 units

= 19 units

Now the amount that should be added is

= 19 units × $70 per unit

= $1,330

Hence, the  amount that added to estimated liability is $1,330

The same is to be considered

7 0
3 years ago
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