Answer:
Answer in explanation
Explanation:
In this question, we have Mr Jones applying a higher completion rate than the actual completion rate. We now want to find what is the impact of this error.
Due to the fact that the actual completion rate 30% is less than the applied rate, we can say that this error is error based on the overestimation of equivalent units.
Now let’s calculate the impact that this have;
On production units
Actual equivalent unit completed is 10,000 + 10000+(5000*30%)= 11500. But recorded as 10000+(5000*40%) 12000. Hence OVERESTIMATED.
On Cost per Equivalent unit: Since the overall equivalent units ie 12000 is higher than actual ie 11500, the cost per unit will come down. Hence UNDERESTIMATED.
On cost of units completed or transferred: Since the units transferred remain constant and ending inventory is hiked up, a portion of costs get transferred to the closing units. Hence UNDERESTIMATED.
On cost of ending inventory: Since the overall inventory is estimated high, that portion of expense of the goods transferred will be burdened by equivalents in inventory. Hence OVERESTIMATED.
The measure of <u>liquidity</u> determines how fast you can withdraw the money you invested if you need it or desire it.
Liquidity and Return on investment
In the event of an emergency or other financial setback, you can access liquidity in the form of your emergency savings account or the cash you have on hand. Additionally, liquidity is crucial since it enables you to take advantage of chances. A common profitability statistic used to assess how well an investment has done is the Return on Investment (ROI). ROI aims to quantify the amount of return on a specific investment in relation to the cost of the investment.
Learn more about Liquidity and return on investment on
brainly.com/question/14430456
#SPJ4
Answer:
cost of manufacturing
Explanation:
In the old days the price to make computers was very high so to make profit computers used to be even more expensive. But as time went on people learned to use less expensive materials to make computers and competition against other companies made them lower the prices. Due to that the demand for computers has risen.
73. They are called Human relations or HR because they are responsible to make sure that the employees that working on the Company they are in is find and having no difficulties.
They ensure that they answer the queries and clarification of the employees and also make takes action if there are unnecessary problem or issue that is going on to every person in the company. They are also the one who provide protocols and work ethics to make sure that the company is in good conditions in terms of professionalism.
