Answer:
Cost of Ending WORK in Process $ 139496
Explanation:
Richmond Corporation
Weighted-Average Method
Ending work in process inventory 21,200 units
<em>First we find the equivalent units in the ending work in process inventory.</em>
Materials = 100% complete = 21200 units
Conversion= 60 % complete = 60% of 21200= 12720 units
<em>Then we multiply the equivalent units of the work in process inventory with the equivalent cost per unit and then add the materials and conversion costs to get the total cost of the ending work in process inventory.</em>
Materials = 21200 * $3.55 = $75260
Conversion = 12720 * $5.05= $ 64,236
Cost of Ending WORK in Process= $75260+$ 64,236= $ 139496
Answer:
b. set by market supply and demand.
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Because goods are homogenous and there are many buyers in the industry, sellers do not set the price for their goods and services. Prices are set by the market forces of demand and supply. This makes sellers price takers.
Other features of perfect competition are :
1. No barriers to entry or exit of firms
2. Firms make zero economic profit in the long run.
I hope my answer helps you.
Answer:
c. ensure that workers are well educated and have the necessary tools and technology.
Explanation:
Living of standard is the living style of the people . It totally depends upon the necessary amount of money available with a person to meet out not only its basic needs but also have sufficient amount of money to meet out their luxurious needs as well.
Public policy is a policy made by the government to bring its decisions into actions with the help of public.
In order to increase the living standard , public policy should make sure that the workers working under the policy for the government are educated enough and they have proper knowledge about operating the necessary tools , equipments and technology .
B the group is call an assistance group
Answer: b. fields of experience
Explanation: The different interpretations of the advertisement are primarily due to differing fields of experience. The interpretation errors due to dissimilar or differing fields of experience are the consequence of bad translations made when the KFC slogan of "finger-lickin' good" was translated into Mandarin Chinese as "eat your fingers off"!
