Which of the following payments types require you to pay upfront

Walborn Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a

Sidana [21]

Answer:

The total cost of the units completed and transferred out of the department was a.$259,700

Explanation:

The Concept of Equivalent units measures the units in terms of completion percentage in their inputs

Calculation of Equivalent Units in Goods Finished and Transferred out of the department:

It is important to note that physical units finished and transfered were 53,000 units

Therefore equivalent units were

Materials 100%× 53,000 = 53,000

Conversion Cost 100%× 53,000 = 53,000

Calculation of total cost of the units completed and transferred out of the department

Materials =53,000×$1.60 =$84,800

Conversion Cost = 53,000 ×$ 3.30 = $174,900

Total = $259,700

4 0

3 years ago

Discuss which financial management practices are least effective in creating and monitoring an operating budget?

insens350 [35]

The financial management practices which are least effective in creating and monitoring an operating budget include top down/bottom up budgets, poor inventorying, lack of control, over control, and lack of staff investment.

In business, financial management includes the practice of making a business plan and then ensuring that all departments which falls under it stay on track and work properly.

Creating and monitoring an operating budget for the national government involves four distinct processes which are, budget preparation, budget authorization, budget execution and accountability.

Hence, the operating budget helps in keeping track of the income and expenses in an organization.

To learn more about operating budget here:

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3 0

1 year ago

As an important control for the occurrence assertion related to sales, the computer starts with the population of daily sales in

7nadin3 [17]

Answer:

A. bill of lading

Explanation:

The bill of lading is the document that supports the sales invoice as the bil of lading contains the details regarding the shipment and the confirmation with respect to the delivery

So as per the given situation since it is mentioned in the question that for shipping documents the sales invoice should be supported by the bill of lading

hence, the same is to be considered

8 0

2 years ago

"E3-26A Record manufacturing overhead (Learning Objectives 5 & 6) Refer to the data in Exercise 3-25A. Smith’s accountant fo

Kipish [7]

Explanation:

Journal entries are used by Accountants to post transactions into the respective General Ledger of a business.

It typically shows a debit side which records increase to expenses or Assets, it also could be a reduction to Income or Liabilities (if it is an adjustment Journal). And it also shows a credit side which records an increase to Income or Liability, it could also be a reduction to expense or Asset (if it's an adjustment journal)

4 0

3 years ago

Select the situation that will occur when a shortage of bread exists, and consumers pressure producers to change their actions.

love history [14]

The answer is : Producers respond by supplying more bread

When shortage of breads increases, the demand of the product will jump through the roof, which will also increase its price

To gain the maximum profit, the producers will respond by supplying more bread until the shortage is eliminated

7 0

3 years ago