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alekssr [168]
3 years ago
12

Waterway Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethan

e, rubber, plastics, and other materials are molded into bowling balls. In the Packaging Department, the balls are placed in cartons and sent to the finished goods warehouse. All materials are entered at the beginning of each process. Labor and manufacturing overhead are incurred uniformly throughout each process. Production and cost data for the Molding Department during June 2020 are presented below. Production Data June Beginning work in process units 0 Units started into production 27,720 Ending work in process units 2,520 Percent complete—ending inventory 40 % Cost Data Materials $249,480 Labor 67,536 Overhead 142,128 Total $459,144
Business
1 answer:
garik1379 [7]3 years ago
3 0

Answer:

(a) unit accounted for transferred out $25,200 (b) Equivalent unit of production, Materials $27,720, conversion cost $26,208, (c) unit cost of production Unit materials cost $9, Unit conversion cost $8

Explanation:

No specific question was asked, I think the question to be asked are the following

Cost Data

$

Materials. 249,480

Labour. 67,536

Overhead. 142,128

----------------

Total. 459,144

-------------------

To prepare a schedule showing physical unit of production

$

Beginning work in process June 1. 0

Unit started into production. 27,720

--------------

Total. 27,720

Less: Ending work in process unit. 2,520

--------------

Unit accounted for transferred out. 25,200

----------------

To determine the equivalent unit of production

Materials. Conversion cost

$ $

Transferred out. 25,200. 25,200

Work in process( 2,520 × 100%) 2,520

(2,520 × 40%) 1,008

------------- ------------------

Total. 27,720. 26,208

----------------- --------------------

To compute the unit cost of Production

Unit materials cost = Total materials cost / Equivalent cost

= 249,480/ 27,720

= $9

Unit conversion cost = Labour + Overhead / Equivalent cost

67,536 + 142,128

= 209,664 / 26,208

= $8

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Tom [10]

When Ellen sues Uncle Moneybags for the $10,000, the type of equitable remedy would be restitution.

<h3>What is restitution?</h3>

It should be noted that restitution simply means the restoration of a particular thing that's lost or stolen.

In this case, when Ellen sues Uncle Moneybags for the $10,000, the type of equitable remedy would be restitution.

Learn more about restitution on:

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6 0
2 years ago
Owner of JavaJoint: Over the past year, the coffee store has become a daily hang-out for more and more teenagers. Many of our ad
lys-0071 [83]

Answer:

(C) offering new evidence implying that the status quo is not incompatible with the owner’s goal

Explanation:

Considering that the main goal of the owner is to maximize his revenue, the store manager provides evidence that shows that the teenagers spend the same amount that the average adult and that the store is getting more new customers that the ones that have lost which indicates that the situation they are having is making the store to go in the direction of achieving his goal.

6 0
3 years ago
Michael is maximizing utility by consuming three colas at $3 a piece and four hot dogs. The last cola gave him 300 units of util
marusya05 [52]

Answer:

C. $5

Explanation:

Marginal utility is the benefit gained from consuming an additional unit of a product or service.

According to the question, Michael is maximizing utility when Marginal Utility / Price of colas is equal to Marginal Utility / Price of hotdogs. Marginal utility can thus be found by solving the following equation for X (the price of hot dog)

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X = (3/300) x 500

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5 0
3 years ago
A truck that cost $36,000 and on which $30,000 of accumulated depreciation has been recorded was disposed of for $5,000 cash. th
Zielflug [23.3K]
Hi there
First find the book value of the truck
Book value=
Cost-accumulated depreciation
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=6,000

disposed of for $5,000 cash
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So the answer is
Loss of 1000 (5000-6000)

Good luck!
7 0
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Alexxandr [17]

Answer:

Correct answer is A. North America

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IBM environmental study report the list countries according to their responses to the green practice which indicate that North America is likely to lag in the eco-friendly activities.

4 0
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