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
zavuch27 [327]
3 years ago
14

Department M had 600 units 60% completed in process at the beginning of June, 6,000 units completed during June, and 700 units 3

0% completed at the end of June. Using the first-in, first-out method of inventory costing, what was the number of equivalent units of production for conversion costs for the period?
a. 7,300 units
b. 5,640 units
c. 6,700 units
d. 5,850 units
Business
2 answers:
rjkz [21]3 years ago
8 0
I believe its D. 5,850
Naily [24]3 years ago
4 0
(1−0.60)×600+6,000+0.30×700 =6,450
My answer is correct unless there is a mistake in your question
You might be interested in
The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production
Blizzard [7]

Answer:

$3,500

Explanation:

Under variable costing method, product costs are calculated on variable manufacturing  costs only.

Step 1 : Determine unit Product Cost

Product Cost = Variable Manufacturing Costs

                      =  $ 35

Step 2 : Determine the units in Inventory

Units in Inventory = Opening Stock + Production - Sales

                              = 0 +  7,210 - 7,110

                              = 100 units

Step 3 : Determine Inventory value

Inventory value = Units x Cost per unit

                           = 100 units x $ 35

                           = $3,500

Conclusion :

the ending inventory of finished goods under variable costing would be: $3,500

3 0
2 years ago
What are the functions of depository​ institutions? The functions of depository institutions include​ _______.
Yuri [45]

Answer: Creating liquidity

Explanation:

Depository institutions includes commercial banks, credit unions, savings and loans. Depository institutions receive money from the depositors and lend out to their borrowers.

The primary function of the depository institutions is to create liquidity by making credit available to borrowers in the form of loans. Depository institutions also receive deposits from their customers in exchange for interest and then use them to create loans for people.

3 0
3 years ago
Brandon is looking to invest for retirement, which he hopes will be in 30 years. He is looking to invest $39,500 today in U.S. T
Elis [28]

Answer:

e. $82,854

Explanation:

Assuming compounding occurs only once a year, the future value of a $39,500 investment for 30 years at a rate of 2.50% per year is determined by:

FV = P*(1+r)^n\\FV = \$39,500*(1+0.025)^{30}\\FV=\$82,854

At the end of 30 years, Brandon will have $82,854.

The answer is alternative e. $82,854

6 0
3 years ago
What skills will a manager need to communicate with new employees?
Advocard [28]
The incipient employee is probably nervous your job is to make them feel at ease and welcome them

be yare, have an orchestration

be cordial don’t leave them by themselves
.
7 0
3 years ago
Read 2 more answers
The actions taken during the implementation phase of the strategic marketing process include: (1) __________; (2) design the mar
Fantom [35]

Answer: . obtain resources

Explanation:

The process of strategic planning has 3 phases which includes planning, implementation and control. The implementation phase of strategic marketing process involves taking actions on plans that have been made. This phase entails obtaining resources, schedule development, designing of marketing organization and execution of marketing plans or programs.

5 0
3 years ago
Other questions:
  • Land is purchased by a business for $100,000. The company pays for the land by a cash payment of $20,000 and promised to pay the
    14·1 answer
  • Jake just got a big promotion at work and wants to buy a new jaguar.​ however, he lives in northeast​ indiana, and the nearest j
    10·1 answer
  • Cash flows from investing activities LO P3 Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a
    8·1 answer
  • Akram owns a small farm. He employs 80 workers in the field and has recently hired a manager to help him manage the farm. The in
    13·1 answer
  • True or false if something is legal, it is also ethical
    5·1 answer
  • The Marketing Control Statement is a valuable statement for marketers because it only utilizes costs that the marketer can contr
    11·1 answer
  • The amount a borrower pays for a loan is called
    15·1 answer
  • true or false A demographic of people most likely to be interested in your product or service is one of your target markets.
    11·1 answer
  • g 2. Problems and Applications Q2 Indicate whether each of the following transactions represents an increase in net exports, a d
    13·1 answer
  • an employee is taking cash and making up the difference by holding the deposit until the next cash receipts are received. the be
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!