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3 years ago

The relevant range of activity refers to the_______________.

Business

1 answer:

UNO [17]3 years ago

8 0

Answer:

The correct answer is option c.

Explanation:

The relevant range of activity can be defined as a specific level of activity, bounded by a maximum and minimum level. In this range, the customer based behavior remains valid. The revenue, costs, etc are at certain expected levels.

Outside of this range, revenue earned and costs incurred will differ from the expected amount. A company is expected to operate in this range.

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The production department in a process manufacturing system completed 94,000 units of product and transferred them to finished g

Fofino [41]

Answer:

Weighted Average Method.

a. 110,700 units

b. 106,525 units

c. 82,090 units

FIFO

a. 85,500 units

b. 95,245 units

c. 99,010 units

Explanation:

Calculation of equivalent units of production with respect to direct materials.

FIFO.

a. All direct materials are added to products when processing begins.

Materials

To finish Opening Work in Process 0

Started and Completed 65,800

Closing Work in process (16,700 × 100%) 16,700

Total equivalent units of production 85,500

b. Beginning inventory is 40% complete to materials and conversion costs. Ending inventory is 75% complete as to materials and conversion costs

Materials

To finish Opening Work in Process (28,200 × 60%) 16,920

Started and Completed (65,800 × 100%) 65,800

Closing Work in process (16,700 × 75%) 12,525

Total equivalent units of production 95,245

c. Beginning inventory is 60% complete as to materials and 40% complete as to conversion costs. Ending Inventory is 30% complete as to materials and 60% complete to conversion costs.

Materials

To finish Opening Work in Process (28,200 × 40%) 11,280

Started and Completed (65,800 × 100%) 65,800

Closing Work in process (16,700 × 30%) 5,010

Total equivalent units of production 82,090

Weighted Average Method.

a. All direct materials are added to products when processing begins.

Materials

Completed and transferred (94,000 × 100%) 94,000

Closing Work in process (16,700 × 100%) 16,700

Total equivalent units of production 110,700

b. Beginning inventory is 40% complete to materials and conversion costs. Ending inventory is 75% complete as to materials and conversion costs

Materials

Completed and transferred (94,000 × 100%) 94,000

Closing Work in process (16,700 × 75%) 12,525

Total equivalent units of production 106,525

c. Beginning inventory is 60% complete as to materials and 40% complete as to conversion costs. Ending Inventory is 30% complete as to materials and 60% complete to conversion costs.

Materials

Completed and transferred (94,000 × 100%) 94,000

Closing Work in process (16,700 × 30%) 5,010

Total equivalent units of production 99,010

8 0

3 years ago

According to the Solow growth model, high population growth rates:_________ a) are a prerequisite for technological advances and

sashaice [31]

Answer:

b) force the capital stock to be spread thinly, thereby reducing living standards.

Explanation:

Solow growth model: It is a model of economic growth, which was developed by Nobel laureate Robert Solow. It helps in analyzing the change in the output of production due to a change in population growth rate, saving rate and technological growth rate.

In the Solow growth model, an increase in population growth rates will increase the growth rate of the total output of production, however, there are no sharp changes in the growth rate of per capita output and decrease in capital intensity and saving rate, which reduce living standard.

8 0

3 years ago

Lexi Company forecasts unit sales of 1,600,000 in April, 1,280,000 in May, 930,000 in June, and 1,620,000 in July. Beginning inv

Alisiya [41]

Answer:

Month April May June

Purchases budget 1,832 1,140 1,206

Explanation:

Purchase budget is determined as follows:

Sales budget + closing inventory - opening inventory

'000

Month April May June July

Sales Units 1,600 1,280 930 1,620

Opening inventory (280) ( 512 ) (372 )

Closing inv.(40% of next mth) 512 372 648

Purchase budget 1,832 1,140 1,206

Note that the closing inventory for a particular becomes the opening inventory for the next following month.

For example, the closing inventory figure of April ( 512 ) is the opening inventory for May.

4 0

3 years ago

Help me please I need this for my next class

mr_godi [17]

Construct Protective systems and evaluate soil conditions and provide safe access in and out of the evacuation in and inspect the site daily at the start of each shift and provide protection if water accumulation is a problem

5 0

3 years ago

Why planning is considered as a road map towards the destination?

IRINA_888 [86]

Answer: Because planning allows you to draw a guide on how to do things.

Explanation: The planning is order and when there is order there will always be better results. If a person has a goal and it is planned, it is more likely that she will get what she wants since she has traced a path, she has created a way of how to do it.

Planning helps you know what to take into account and what not. It allows you to focus on the important details and put aside things that can only serve as a distraction.

3 0

3 years ago