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erastovalidia [21]
3 years ago
11

A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout th

e process. For the month of July, there were no units in the beginning work in process inventory; 60,000 units were started into production in July; and there were 15,000 units that were 40% complete in the ending work in process inventory at the end of July. What were the equivalent units of production for conversion costs for the month of July
Business
1 answer:
Evgen [1.6K]3 years ago
7 0

Answer:

51,000

Explanation:

Beginning WIP 0

Started into Production (60,000+15,000)

Total Units 75,000

Transferred Out (60,000 – 15,000)

= 45,000 = 45,000 equivalent conversion units

Ending WIP 15,000

= 15,000 * .4 = 6,000

45,000+6000 =51,000

Total Units 75,000 = 51,000 conversion total equivalent units

Therefore the equivalent units of production for conversion costs for the month of July is 51,000

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One term is used to identify a collection of activities designed to gain access to personal and corporate information. The activ
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Answer: Social engineering

Explanation:

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3 years ago
A production possibilities frontier identifies the dollar cost of producing a good or service in an economy. True or False
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Answer:

A production possibilities frontier identifies the dollar cost of producing a good or service in an economy.

True

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Cost of producing could be envisaged through budgeting where the variable cost, fixed cost and total cost is expected to be calculated either through rough estimate.

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3 years ago
A firm has a profit margin of 5.1 percent, a total asset turnover of 1.84, and a return on equity of 16.2 percent. What is the d
Jet001 [13]

Answer:

Debt / Equity = 0.72649 : 1 or 72.649%

Explanation:

The ROE or return on equity can be calculated using the Du Pont equation. It breaks the ROE into three components. The formula for ROE under Du Pont is,

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or

ROE = Net Income / Total equity

Assuming that sales is $100.

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We know that Assets = Debt + Equity

So,

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6 0
3 years ago
The growth rate is a measure of the rate at which a countrya's population is increasing. Please select the best answer from the
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The growth rate of a population measures the percentage increase in the value of a quantity.

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Factors that leads to increases in a population

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To learn more, please check: brainly.com/question/15133607

3 0
3 years ago
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