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
navik [9.2K]
3 years ago
7

The Marshall Company has a process cost system. All materials are added when the process is first begun. At the beginning of Sep

tember, there were no units of product in process. During September, 50,000 units were started; 5,000 of these were still in process at the end of September and were 3/5 finished. The equivalent units of material in September were:
a.40,000.

b.45,000.

c.48,000.

d.50,000
Business
1 answer:
Mademuasel [1]3 years ago
4 0

Answer:

c) 48,000 units

Explanation:

The question is to compute the equivalent units of materials in September for Marshall Company

It is computed as follows:

1) Beginning Equivalent Unit

At the beginning, Units = 0, Percent completed = 0 and Equivalent unit= $0

Equivalent Units  Started ad Completed

2) Started Units= 50,000 units

Units still in process at the end of September = 5000 units

Started and Completed = 50,000 - 5,000 = 45,000

Since the Units completed is 45,000, it means 100% completed equivalent unit is 45,000

3) Closing Equivalent Units

In process = 5,000 units and percent completed is 3/5

Equivalent unit is 3/5 x 5000 = 3000 units

Finally, total equivalent units  for conversion costs in September

= 0 + 45,000 + 3,000

=48,000 units

You might be interested in
I need help..................
Anastaziya [24]
Commuting - Traveling to get to work
Telecommutting - A form of flexplace...
Flextime - Flexibility in when you work
Flexplace - Flexibility in where you work
7 0
3 years ago
Read 2 more answers
A person who wants to cash his paycheck is advised to go to his bank rather than to a check cashing store because check cashing
Marianna [84]
<span>Often take a commission for their service. The commission could be a flat rate or a percentage of the check. Generally banks do not charge their customers to cash checks. A bank may charge a small fee to cash a check if the person is not their customer.</span>
3 0
3 years ago
Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $70. Limit Buy
harkovskaia [24]

Answer:

<u><em>$69.80</em></u>

Explanation:

Note, a market order is an order designed to execute an order immediately by <em>matching the best available price</em> on the sell order list.

When we look carefully at the sell order book, we observe that the only sell order containing the specified quantity of 120 units of shares at a price close to the market price is <u>$69.80.</u> Even though there are other cheaper orders are available, their order quantity does <em>not </em>match the market buy order for the 120 shares and thus would not be filled.

7 0
3 years ago
According to the Lewis two-sector model the creation of a Modern (urban) Sector will:
Soloha48 [4]

Answer:

The answer is option B)  According to the Lewis two-sector model the creation of a Modern (urban) Sector will:

Create a flow of labor from the traditional sector into the modern sector.

Explanation:

The two sector model propounded by W. Arthur Lewis is a theory of development that identifies two sectors: the traditional and modern sector.

According to this theory, the creation of a modern sector will generate a flow of excess labor from the traditional sector to the urban sector where there is more demand for labor.

Over time, this migration will create more jobs, stimulate industrialization and a framework for sustainable development.

3 0
3 years ago
Sponsorship is an effective marketing strategy, particularly for sporting goods and recreational equipment.
Kitty [74]

Answer:true

Explanation: just took the test

5 0
3 years ago
Other questions:
  • A friend and fellow student shares her employment experience over the last 12-week summer break. It took her one full week to fi
    9·1 answer
  • "why is the introduction of the speech so important?"
    12·1 answer
  • CSM Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $375,00
    13·1 answer
  • The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted f
    11·1 answer
  • Consumed to fuel day to day expenditure
    14·1 answer
  • when the federal government's expenditures for a year are greater than its revenue for that year, the difference is known as wha
    14·1 answer
  • A company is considering two projects. Project I Project II Initial investment $120,000 $120,000 Cash inflow Year 1 $40,000 $20,
    12·1 answer
  • What do you think makes us free​
    6·1 answer
  • In a command economy, which group is most responsible for producing the
    13·1 answer
  • Three years ago shawheen deposited 5,000 in a savings account
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!