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Lesechka [4]
3 years ago
14

The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3

,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. Compute the equivalent units of production for (a) materials and (b) conversion costs for the month of November. Materials Conversion Costs Total equivalent units
Business
1 answer:
Anvisha [2.4K]3 years ago
6 0

Answer:

(A) 18,600 units

(B) 13,821 units

Explanation:

(A) The computation of the equivalent unit for material cost is shown below:

= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)

= (10,500 units × 100%) + (8,100 units × 100%)

= 10,500 units + 8,100 units

= 18,600 units

(B) The computation of the equivalent unit for conversion cost is shown below:

= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)

= (10,500 units × 100%) + (8,100 units × 41%)

= 10,500 units + 3,321 units

= 13,821 units

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Answer:

Synergy.

Explanation:

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A majority of human drives being unconscious, consumers themselves are often unaware of the true reasons for buying a particular
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Answer:

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Explanation:

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3 years ago
Firecracker Company has developed the following standards for one of its products. Direct materials: 15 pounds × $16 per pound D
Natasha_Volkova [10]

Answer:

(-$10,000) Unfavorable

Explanation:

Direct materials:

Quantity = 15 pounds  

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Actual price = Purchase Price ÷ Purchase quantity

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                    = 17

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= Actual purchase quantity × (Standard price - Actual price)

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7 0
3 years ago
Corporate social investment definition
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Definition: 

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3 0
3 years ago
Over a 17-year period an investment of $1,475 in common stocks returned an average of 10% in nominal terms and 3% in real terms.
Roman55 [17]

Answer:

The nominal value at the end of 17 years =  $7,455.34

The real value at the end of 17 years =  $2,437.95

Explanation:

Value at the end of 17 years = present value x (1+ interest rate)^t

The nominal value at the end of 17 years = $1,475 x (1.1)^17 = $7,455.34

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3 years ago
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