1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>

You might be interested in
Northern Trail Outfitters (NTO) has created a new onboarding series for customers who have purchased its fitness tracker. Custom
choli [55]

Answer:

The correct answer is A

Explanation:

Personalized recommendations is the which is grounded on the behavior of the user or the customer. These are the items or the product which have been considered, viewed or purchased from one of the customers who is currently or presently considering.

So, NTO, who established the onboarding series which involves the personalized recommendations of the customer but lacks somewhere, therefore, best practice for achieving in the current situation is recommending personally to the customer.

6 0
3 years ago
The Herjavec Co. just paid a dividend of $1.85 per share on its stock. The dividends are expected to grow at a constant rate of
ycow [4]

Answer:

Current price : $24.05

Price in 3 years : $27.05

Explanation:

The Current stock price of Herjavec Co will be determined by the formula given below;

Po = [Do (1 + g) ] / (r - g)

Po = Current price

Do = Current dividend

r = Rate of return

g = growth of dividend

Po = ($1.85 * 1.04) / (0.12 - 0.04)

Po = $1.924 / 0.08

Po = $24.05.

The stock price of Herjavec Co after 3 years will be determined by the formula given below;

P3 = Do (1 + g)^4 / (r - g)

P3 = [$1.85 * (1.04)^4] / (0.12 - 0.04)

P3 = $27.05

5 0
4 years ago
The accounts payable ledger has postings from which of the following sets of journals? a.Purchases, cash payments, and general b
docker41 [41]

Answer: a. Purchases, cash payments, and general

Explanation:

The accounts payable ledger has postings from the purchases journal, cash payments journal and the general journal.

The accounts payable ledger is also referred to as the creditors ledger because it shows the amount that a company owes its suppliers.

The purchase journal shows the record for the goods that a particular company buys on credit. Cash payments journal shows the transactions which the business pays in cash. The general journal shows business transactions when they take place.

Therefore, the correct option is A.

3 0
3 years ago
TJ's has a market value equal to its book value. Currently, the firm has excess cash of $218,500, other assets of $897,309, and
rodikova [14]

Answer:

Explanation:

Given:

Excess cash = $218,500

Assets = $897,309

Equity = $547,200

outstanding shares of stock = 40,000

Net income = $59,800.

Repurchase program = 15% of excess cash

Book value per share (price per share) = equity/number of shares

= $547200/40000

= $13.68 per share

Total cost of repurchase program = percentage of excess cash used × value of excess cash

= 15/100 × 218500

= $32775

Total number of shares bought in repurchase program = total cost of the repurchase program/price per share

= $32775/$13.68

= 2395.8 shares

= 2395 shares

8 0
3 years ago
What is your assessment of the Under Armour’s performance downturn in North America that first appeared in the fourth quarter of
nikklg [1K]

Answer: The answer is given below

Explanation:

My assessment of the Under Armour’s performance downturn in North America that first appeared in the fourth quarter of 2016 was that Under Armour’s 2016 downturn was caused as a result of the reduction in the sale and earnings outlook.

Also, the weakened demand that occurred in North America had a negative effect on demand and resulted in the company dropping from 25.7% in the first quarter, to 21.5% in the second quarter and about 15.6% in the third quarter.

4 0
3 years ago
Other questions:
  • Mason bought a rotisserie in preparation for a party he was planning. When he put a chicken on the rotisserie, it would not rota
    9·1 answer
  • ¿Que es un mapa estratégico?
    14·1 answer
  • The valuation of marketable securities on the balance sheet requires the securities on the balance sheet requires the separation
    12·1 answer
  • In December 1999 people feared that there might be computer problems at banks as the century changed. Consequently, people wante
    14·1 answer
  • On December 1, Miser Corporation exchanged 6,000 shares of its $25 par value common stock held in treasury for a parcel of land
    9·1 answer
  • Suppose that Denver Financial Co. expects the exchange rate of the New Zealand dollar (NZ$) to appreciate from its current level
    10·1 answer
  • You work for a company where the HR director has been involved in unethical activities. You know that others are also aware of t
    10·1 answer
  • A company is considering dropping a product line. What costs would be relevant to the decision? What costs would be irrelevant?
    14·1 answer
  • When a doctor schedules you for a surgery and requests that the hospital have specific instruments and supplies for your procedu
    10·1 answer
  • Which form of business organization is established as a separate legal entity? multiple choice sole proprietorship partnership c
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!