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bixtya [17]
3 years ago
8

The Assembly Department of One Roof, Inc., manufacturer of computers, incurred $300,000 in direct material costs and $70,000 in

conversion costs. The equivalent units of production for direct materials and conversion costs are 1,000 and 600, respectively. The cost per equivalent unit of production (EUP) for conversion costs is ____. (Round your answer to the nearest cent.)
A. $500.00 per EUP
B. $300.00 per EUP
C. $70.00 per EUP
D. $116.67 per EUP
Business
1 answer:
Papessa [141]3 years ago
6 0

Answer:

D) $116.67 per EUP

Explanation:

To find out the equivalent unit of production (EUP) for conversion costs we have to divide the total conversion costs by the equivalent units produced:

EUP conversion costs = $70,000 / 600 units = $116.67 per EUP

The EUP for direct materials would = total costs direct materials / equivalent units produced = $300,000 / 1,000 units = $300 per EUP

Both fully completed units and partially completed units are expressed in terms of equivalent units of production.

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Hope this helped!

3 0
1 year ago
Which of the following is a business organization owned by a group of people for their mutual benefit?
slava [35]
 A cooperative. <span>A </span>cooperative--<span>a business owned by a group of people to meet mutual (economic, social and cultural needs and aspirations).</span>
4 0
2 years ago
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Suppose the European Central Bank (ECB) decides to use monetary policy to offset the possible inflationary effects of European e
Grace [21]

Answer:

the European Central Bank (ECB) should engage in a contractionary monetary policy

Explanation:

A contractionary monetary policy takes place when a central bank (or the Fed) reduces the money supply in order to cool down the economy, lower inflation rate or like in this case, wants to offset expansionary fiscal policy.

The central bank initially raises the interest rates and starts selling more securities in order to absorb cash from the markets.

7 0
3 years ago
According to marx, the best economic system would be one where the means of production and distribution are in the hands of the
ololo11 [35]
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3 0
3 years ago
Which of these products would be most likely to have dependent demand? televisions refrigerators automobiles automobile engines
harkovskaia [24]

Answer:

\boxed{\bold{Automobile \ Engines}}

Explanation:

➤ Automobile engines would be most likely to have dependent demand

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- Mordancy

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