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Luden [163]
3 years ago
11

The equivalent units in beginning work in process inventory plus the equivalent units in ending work in process inventory equals

the units transferred out plus the equivalent units for the work done during the period. True or false?
Business
1 answer:
vivado [14]3 years ago
8 0

Answer:

False

Explanation:

The formula for equivalent units units as follows:

Opening Work in Process + Equivalent units on which the work is done - Closing Work in process = Units Transferred

Therefore, ideally,

Opening work in process - Closing work in process = Units transferred - Equivalent units on which work is done.

As adding all the cost incurred during the period to opening inventory of work in process, we get the total cost for the period, thereafter, deducting the cost allocated to closing work in process we get the value of goods produced and transferred.

<u>Therefore, above statement is false.</u>

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Matthew is the CEO of an international company. He oversees business operations in eleven countries across the globe. Which info
Sonja [21]

According to the four-level pyramid model, we have the following

1) Executive information systems.

2) Decision support systems.

3) Management information systems.

4) Transaction processing systems.

Having said that, An executive information system (EIS) is a decision support system (DSS) used to support senior executives in the decision-making process. It does this by presenting easy access to important data needed for strategic decisions about a company. EIS  is also known as Executive support system (ESS)and it usually features graphical displays on an easy-to-use interface.

Executive support systems can be utilized in different types of companies to control and monitor business operations as well as to identify possibilities and problems. One of the major characteristics of EIS is that it is mainly used by senior executives.

Therefore, based on the above analysis, the C.E.O, Mr. Matthew, will make use of the EXECUTIVE INFORMATION SYSTEM to make strategic decisions.

4 0
3 years ago
When a price floor becomes binding because of the change in the supply of hops, the net effect will be ?
Svet_ta [14]

Price floor is the maximum price in the market.

5 0
2 years ago
Your favorite ice cream travels from the producer, who manufacturers the product, through several other organizations before arr
malfutka [58]

This set of organizations called Marketing channel

Explanation:

A marketing channel is used to move the control of goods from either the point of origin to the place of purchase by individuals, organizations and acts. The way goods meet the customer, the end-user, is however known as a sales channel.

Marketing channels allow organisations to increase their scope and profits. Each communications platform, though, offers a different visibility and output ratio, so that it can be combined together. Current delivery structures–like manufacturer, wholesaler and seller–or versions that include one or two parts, can be part of marketing networks.

For example, companies such as Dell and Avon prohibit wholesalers and retailers from marketing to customers with their own stores and salespeople.

5 0
3 years ago
In Sheridan Company, the Cutting Department had beginning work in process of 9000 units, transferred out 24600 units, and had an
Tom [10]

Answer:

The 21,100 units were started through company during the month

Explanation:

The number of units were started through company during the month is computed as:

Number of units were started = Transferred out units - Ending work in progress units

where

Transferred out units is 24,600

Ending work in progress units is 3,500

Putting the values above:

Number of units were started = 24,600 - 3,500

= 21,100

Therefore, 21,1600 units were started through company during the month.

Note: The beginning work in progress will be considered as number of units in started is computing.

4 0
3 years ago
Cardinal Health bonds have an annual coupon rate of 3.4 percent and a par value of $1,000 and will mature in 7 years. If you req
Alex787 [66]
  • The answer is "$716.56", and the further calculation can be defined as follows:
  • Health care business, Cardinal Health Leading provider healthcare, and biopharmaceutical products and services that help pharmacists.
  • The healthcare providers impact on customer care whilst reducing costs, improving productivity, or increasing productivity.

Annual coupon to be paid\bold{= \$1000 \times 3.4\%= \$1000 \times \frac{3.4}{100}  = \$34}

years = 7

Calculating the bond price:

= \$1000 \times PVF(5\%, 7\ years) +\$34 \times PVAF(5\%, 7\ years) \\\\= \$1000 \times 0.71068 +\$34 \times 0.17282\\\\= \$710.68 + \$5.87588\\\\= \$716.55588\\\\= \$716.56\\\\

So, the final answer is "$716.56".

Learn more:

brainly.com/question/15570099

5 0
3 years ago
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