1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zanzabum
3 years ago
8

Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the

first processing department consisted of 1,800 units. The costs and percentage completion of these units in beginning inventory were:
Cost Percent Complete
Materials costs $7,100 65%
Conversion costs $8,200 45%

A total of 9,300 units were started and 7,300 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

Cost
Materials costs $126,900
Conversion costs $208,400

The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. The cost per equivalent unit for conversion costs for the first department for the month is closest to:_______
Business
1 answer:
storchak [24]3 years ago
8 0

Answer:

Ending Inventory Units = 500 + 6700 - 6000 = 1200 units

Equivalent units for Material = Units completed and transferred*100% + Ending Inventory units*50% = 6000*100% + 1200*50%

= 6000 + 600 = 6600 units

Cost per equivalent unit for materials = (Beginning Material cost + Material cost incurred during the month) / Equivalent units for Material

= ($5800 + $125600) / 6600

= $19.91

Hence, third option is correct.

You might be interested in
Packaging Products, Inc., sends its standard purchase-order form to Quality Box Company to evidence a sale of packaging material
natima [27]

Answer:

Option D. Any of the above.

Explanation:

The reason is that the contract is not formed until the both parties don't agree on the terms and conditions of the contract which includes:

  • New terms and conditions because as we know the business environment is consistently changing like inflation changes, etc (Option A).
  • The acceptance is always required for the contract formation (Option B).
  • Additional clauses of the contract are new clauses and acceptance is required for these to form a contract (Option C).

So all of the options can alter the contract existence. So the right answer is option D.

4 0
3 years ago
Read 2 more answers
A 60,000 square meter rectangular yard is to be enclosed on three sides by wood fencing that costs $25.00 per meter and on the f
raketka [301]

Answer:

C'(y) = 50 -\frac{3900000}{y^2}=0

And we can solve for y and we got:

y = \sqrt{\frac{3900000}{50}}= 279.285

And using condition (1) we can solve for x and we got:

x= \frac{60000}{279.285}= 214.834

So then the minimum cost for this case would be:

C = 50*279.285 + 65*214.834 = 27928.49

Explanation:

For this case the graph attached illustrate the problem for this case

We know that the total area is 60000, so then we have:

xy = 60000

If we solve for x we got:

x = \frac{60000}{y}  (1)

Now we can define the cost function like this:

C = 2*(25)*y + 25 x +40 x

C(x,y) = 50 y + 65 x

We can use the condition (1) and if we replace in the cost function we have:

C(y) = 50 y + 65(\frac{60000}{y})

Since we need to minimize the cost, we can derivate the function in terms of y and we got:

C'(y) = 50 -\frac{3900000}{y^2}=0

And we can solve for y and we got:

y = \sqrt{\frac{3900000}{50}}= 279.285

And using condition (1) we can solve for x and we got:

x= \frac{60000}{279.285}= 214.834

So then the minimum cost for this case would be:

C = 50*279.285 + 65*214.834 = 27928.49

7 0
3 years ago
A listing on eBay featured a refurbished iMac desktop computer; interested buyers all ranged in age from teenagers to adults wit
Hatshy [7]

Based on the ages of those <em>showing interest</em>, these buyers were likely from the generational cohort of:

  • Gen Y

<h3>What is an Age Group?</h3>

This refers to the group of people who are of similar age ranges which were born during a particular period and today we can say some are Millennials, Gen Z, etc.

With this in mind, we can see that based on the eBay listing, there was the listed sale for an item and because the interested buyers were from an age group which was made up of teenagers, we can state that they were the Gen Y.

Read more about age group here:
brainly.com/question/16180558

4 0
2 years ago
Stealing avocados, or almost any other agricultural product, is a felony in California if the product is worth more than $100. S
UNO [17]

Answer: Conflict theorist

Explanation: Conflict theory as pustulated by Marl, States that society is in a state of perpetual conflict caused by competition for limited resources available. It holds that social order in a society is maintain by dominance and power rather than conformity and consensus.

Conflict theorist views society as an arena of inequalities that create social conflict and social change. They are people that believed and hold conflict theory as a view.

5 0
3 years ago
Which of the following statements is false? a. A credit is a deposit to a checking account. b. A debit is a withdrawal from a ch
allsm [11]

Answer:

c. An overdraft is a fee your bank charges you for opening a checking account.

Explanation:

Checking account is a deposit account with a bank or any  financial institution that allows the owner of such account to make withdrawals and deposits. They are also known as demand accounts or transactional accounts. They are very liquid and allows for countless deposits and withdrawals and can be obtained  by using automated teller machines, checks and electronic debits, and a number of  other methods.

A checking account is unlike other bank accounts like less liquid savings or investments account it allows for countless withdrawals and unlimited deposits, and savings accounts sometimes limit both.

The statement that an overdraft is a fee that banks charges for opening a checking account is false.

Overdraft is a form of extension of credit from a finiancial institution and often granted when an account reaches zero. it allow such account holder to continue withdrawing money even though the account has no funds  or insufficient funds that would cater  for and cover the amount of the withdrawal. So it is not the fee that bank charges for opening a checking account, instead what checking account offers is overdraft protection in which if a checking account owner write a check or make a purchase than the funds in the checking account, the bank may cover the difference.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Autumn, a manager for Shine Cosmetics, has just been given a report showing sales in her region are lower than anticipated for t
    13·1 answer
  • George enjoys being on the debating team, but he is taken off the team when he inadvertently utters an obscene word during a deb
    10·1 answer
  • Consider the market for wheat in Pakistan, illustrated in the graph at right. In recent years, the government of Pakistan has es
    13·1 answer
  • Suppose the rate of return on a 10-year T-bond is 4.05%, the expected average rate of inflation over the next 10 years is 2.0%,
    14·1 answer
  • Demand for earbuds is represented by: P = 402 – 2Q The costs are $8 per set of earbuds. In order to stock earbuds, other items w
    6·1 answer
  • Sandy wants to go on a trip in 10 years. If she invests $1,000 per year at the end of each year for 10 years at a 12% interest r
    14·1 answer
  • Whitewall Tire Co. just paid an annual dividend of $1.70 on its common shares.
    13·1 answer
  • What are the six basic step of the problem solving process?
    6·2 answers
  • Child labor laws govern the_______ , type of job, and hours of work for anyone younger than eighteen years old.
    11·2 answers
  • In a planned economy, prices of commodities are controlled by _________.
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!