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frutty [35]
3 years ago
7

The Converting Department of Tender Soft Tissue Company uses the average cost method and had 1,900 units in work in process that

were 60% complete at the beginning of the period. During the period, 15,800 units were completed and transferred to the Packing Department. There were 1,200 units in process that were 30% complete at the end of the period. a. Determine the number of whole units to be accounted for and to be assigned costs for the period. units b. Determine the number of equivalent units of production for the period.
Business
1 answer:
bezimeni [28]3 years ago
5 0

Answer:

a. The number of whole units to be accounted for and to be assigned costs for the period is 17,000 units

b. The number of equivalent units of production for the period is 16,160 units

Explanation:

a. The computation of the whole units assigned for the period is shown below:

= Units completed and transferred + ending units of work in progress

= 15,800 units + 1,200 units

= 17,000 units

b. The computation of the equivalent units are shown below:

= (Units completed and transferred × percentage of completion) + (ending units of work in progress × percentage of completion)

= 15,800 units × 100% + 1,200 units  × 30%

= 15,800 units + 360 units

= 16,160 units

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A maintenance margin is a minimum equity an investor ought to preserve withinside the margin account after the acquisition has been made. Hence,  the long market value at maintenance in this case is $120,000.

<h3>What do you mean by long market value?</h3>

Long market value at maintenance refers to the point where an account must fall (in market value) to reach minimum maintenance (25% of market value). ;

The maintenance margin is far presently set at 25% of the full value of the securities in a margin account as in step with Financial Industry Regulatory Authority (FINRA) requirements.

To calculate the <em> </em>long market value at maintenance,  divide the debit balance by .75 ($90,000 / .75 = $120,000)

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Researchers tried to explain how vesicular transport occurs in cells by attempting to assemble the transport components. They se
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Baxter Company reported a net loss of $13,000 for the year ended December 31. During the year, accounts receivable decreased by
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Answer:

a. used net cash of $2,000

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

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Adjustment made:

Add : Depreciation expense $4,000

Add: Decrease in accounts receivable $5,000

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What happens to earnings in a cooperative?
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The earnings in a cooperative are shared with member owners.  The cooperative societies distribute the profits to its members based on the business transacted with the Cooperative society.

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Last month, you lent a work colleague $5000 to cover some overdue bills. He agreed to pay you in 1 month with interest at 2% for
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Answer:

There are at least 2 opportunity costs associated with of letting your colleague have another month:

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You could invest in one of these options, or divide your money and invest in both options, e.g. invest $2,000 in the oil company and $3,000 in the IT company. Each different investment proportion results in a different opportunity cost.

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Opportunity costs are the benefits lost or extra costs associated to carrying out an investment or activity instead of another alternative. Sometimes you might have several opportunity costs for one investment, e.g. invest in the IT company which is risky, invest in corporate bonds which is less risky or invest in US securities which is a safe investment.

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