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
2 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]2 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
The new-product process stage of market testing involves which two items? Multiple select question. using realistic purchase con
larisa [96]

The new-product process stage of market testing involves  two items -

  • Using realistic purchase conditions to see if consumers will buy
  • Exposing actual products to prospective consumers

  • To find out how well a product, service, or offering will perform, one can conduct market research.
  • It often consists of research studies that seek to provide answers to concerns about how the market will respond to the introduction of the product.
  • Convenience goods, shopping goods, specialty products, and unsought goods are the four categories of products, and each is categorized according to consumer preferences, pricing, and product features.
  • Let's explore each of them in more depth.

How many steps are in the new product development process multiple choice question?

  • The process of bringing a brand-new product idea to market is known as new product development (NPD).
  • It can be roughly divided into seven stages: ideation, research, planning, prototype, sourcing, costing, and commercialization, though it varies by industry.

Learn more about new product development (NPD) brainly.com/question/26679051

#SPJ4

4 0
2 years ago
Conclusions and recommendations are the most widely read sections of any report. Conclusions summarize a nd explain your finding
butalik [34]

Answer:

a. When drawing conclusions, make sure you summarize and explain your findings.

b. Tips for writing recommendations:

A. Your recommendations should always be the result of prior logical analysis.

B. Your recommendations should never be in the form of a command.

Explanation:

A good conclusion touches the theme or main topic, summarizes the main points, and connects with the introduction, but with a sense of closure.  Conclusions should be sound and logical.  Irrelevant conclusions are annoying to the senses.  Without a conclusion, the report will sound like one illogical move without clear direction and purpose.

Recommendations should address improvement efforts based on the problem(s) presented in the body of the report.

6 0
3 years ago
Patty took a cash advance of $1,500. Her new credit card charges an Annual Percentage Rate of 21%. The transaction fee for the c
natali 33 [55]
I honestly don’t kno

4 0
3 years ago
Write short notes on-: <br>a)Micro enterprises <br>b)cottage industry ​
Effectus [21]

Answer:

cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility

Explanation:

6 0
3 years ago
What is the interest rate for initial investment of $100,000 to grow $300,000 in 10 years
dybincka [34]

Answer:

r=20% or 0.2 %

Calculation:

Solving equation:

r = (1/10)((300000/100000) - 1) = 0.2

r = 0.2

Converting r decimal to R a percentage

R = 0.2 * 100 = 20%/year

The interest rate required to get a total amount, principal plus interest, of $300,000.00 from simple interest on a principal of $100,000.00 over 10 years is 20% per year.

6 0
3 years ago
Read 2 more answers
Other questions:
  • Barbara has $150 to open a checking account. Her employer will send her paycheck via direct deposit, but otherwise she wants to
    9·1 answer
  • Of the following types of administrative professionals, which one can expect to earn the highest salary?
    11·1 answer
  • Jacques lives in san diego and runs a business that sells pianos. in an average year, he receives $842,000 from selling pianos.
    7·1 answer
  • The City of Grand Marais' fiscal year ends on June 30. Grand Marais uses encumbrance accounting. On May 6, a purchase order was
    6·1 answer
  • All of the following statements regarding retained earnings are true exceptA. retained earnings represents a claim on cash.B. a
    14·1 answer
  • A surplus of labor is synonymous with which of the following?
    13·1 answer
  • Recommend two aspects you would include when preparing a flyer
    14·1 answer
  • If you were a manager who made sure that rewards were distributed to your employees fairly based on their performance and that e
    12·1 answer
  • I need help with a class on e2020 the class is College and Career readiness need help fast ​
    5·1 answer
  • A cylindrical can that has a capacity of 20 m3 will be made. The metal used to build the top costs $10 per square meter while th
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!