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Inessa [10]
3 years ago
15

In order to compute equivalent units of production using the FIFO method of process costing, work for the period must be broken

down to units: a. completed during the period and units in ending inventory. b. started during the period and units transferred out during the period. c. completed from beginning inventory, started and completed during the month, and units in ending inventory. d. processed during the period and units completed during the period.
Business
1 answer:
Artist 52 [7]3 years ago
5 0

Answer:

The correct option here is C) units in the beginning work in progress period which were completed , units which were started and completed, and units in ending work in progress.

Explanation:

FIFO ( First in first out ) method is used to take out the cost per unit when doing process costing, in this method it is assumed that the inventory which were not finished during the beginning of period would be first completed and then new shall be started.

To take out the equivalent cost per unit under the FIFO method we will add the units which were completed in the beginning plus units which were started and completed during the period and plus the units which are left in ending work in progress.

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4 0
3 years ago
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3 0
3 years ago
How do the choices consumers make impact business decisions?
ki77a [65]

Answer:  B

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3 0
3 years ago
Read 2 more answers
ABC Corporation, after many profitable years, declares a one-time special cash dividend of $10.00 per share. After the announcem
Crank

Answer:

1 ABC Jan 100 Call

Explanation:

Although the OCC does not usually adjust the strike price of listed options for regular quarterly cash dividends. This is because they are known quantity that are segmented by the market into options premium.

For special cash dividends, they are not a frequent event hence market does not recognize them. This special cash dividend is $10 per share × 100 shares = $1,000 value per contract. It therefore means that the $1,000 value per contract will be adjusted.

The new strike price will be

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4 0
3 years ago
Why do interest rates follow the business cycle?During a recession, the demand for goods and services is lower, businesses borro
MArishka [77]

Answer:

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Explanation:

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