C. Your reader wants to see exactly what your product looks like.(APEX VERIFIED)
If there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is (D) $34.60.
<h3>
What is weighted-average costing?</h3>
- To apply the weighted average methodology, divide the cost of the commodities on the market by the number of units still on the shelf.
- This calculation results in the weighted average cost per unit, which can subsequently be used to allocate a cost to both ending inventory and the cost of goods sold.
- When you wish to give some numbers in a dataset more weight than others, you should use a weighted average.
- This is beneficial in situations where a single event might have several positive or bad outcomes, but the scale of the positive or negative outcomes varies.
Weighted average cost per unit formula = divide the total purchase price by the number of units available for sale
∴ $3,650 + $5,000 / 250 = $34.60
Therefore, if there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is (D) $34.60.
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Complete question:
Canners Company uses weighted-average costing. Beginning work in process inventory had $3,650 of material costs. During the period, $5,000 of materials and $9,250 in conversion costs were added. If there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is ______. Multiple choice question.
(A) $71.60
(B) $20.00
(C) $57.00
(D) $34.60
Because legally it would be considered
"p<span>
irated software".</span>
<span>Pirated Software
is s phrase utilized to portray the demonstration of illicitly utilizing,
replicating or disseminating programming without ownership or lawful rights. Replicating that product to various PCs or
offering it to your companion without numerous licenses is known as software
piracy, which is unlawful. In the given case Mike does not possess legal rights
to distribute that software to anyone hence falling under software piracy.</span>
Answer:
<em>Mark-up;</em>
Absorption costing=20%
Variable costing pricing = 26.7%
Explanation:
Absorption costing values production units using full cost per unit.
Full cost per unit= Direct material cost + Direct Labour cost + Variable production overhead+ Fixed production overhead
Absorption costing =18 + 22+ 27+13= 80
Mark-up = ROi/cost per unit× 100
= 16/80 ×100= 20%
Variable costing pricing
Here products are valued using the variable cost of production.
18 + 22+ 13+ 7= 60
Mark-up = 16/60× 100= 27%
Mark-up;
Absorption costing= 20%
Variable costing pricing =26.7%