All categories

3 years ago

The debits to Work in Process--Assembly Department for April, together with data concerning production, are as follows:

Business

1 answer:

dimaraw [331]3 years ago

7 0

Answer:

d. $2.81

Explanation:

Beginning WIP 3,000 units

Add: Material added during April 10,000 units

Total Material 13,000 units

Less: Ending WIP 1,500 units

Goods Finished during April 11,500 units

Goods finished during April 11,500 units

Add: Ending WIP 1,500 units

(1,500 x 100%)

Equivalent units 13,000 units

Material Cost

Beginning WIP $7,500

Add: Cost added during April $29,000

Total material costs A $36,500

Total equivalent units B 13,000 units

Direct Material cost (A/B) $2.81

per Equivalent Unit

You might be interested in

Using the AS-AD and IS-LM models, show the effects of an increase in consumer confidence on the position of the AD, AS, IS, and

lora16 [44]

Answer: hello your question has some missing information below is the missing information

Suppose the economy begins with output equal to its natural level. Then there is an increase in consumer confidence and households attempt to consume more for a given level of disposable income.

answer :

Attached below

Explanation:

IS-LM modeling curves intersects and it also defines the value of r and Y where r ( rate of interest ) Y( output level )

The AS-AD modeling is in equilibrium where aggregate demand curve and short run and long run aggregate supply curves intersects each other defining P and Y

p ( price level ) , Y ( output level )

Note : Increase in aggregate demand shifts IS outward , raises interest rate and output level

6 0

3 years ago

In the short run, if average variable cost equals $50, average total cost equals $75, and output equals 100, the total fixed cos

musickatia [10]

Answer: $2500

Explanation:

From the question,

Average variable cost(AVC) = $50

Average total cost (ATC) = $75

Output (Q) = 100

Since Average fixed cost is the difference between the average total cost and the average Variable cost. This will be:

AFC = ATC - AVC

AFC = $75 - $50

AFC = $25

We should note that:

AFC = TFC / Q

TFC = AFC × Q

TFC = $25 × 100

TFC = $2500

Therefore, total fixed cost is $2500

5 0

3 years ago

Sub-prime loan company is thinking of opening a new office, and the key data are shown below.

Nookie1986 [14]

To complete the above question, please see below:

Sub-Prime Loan Company is thinking of opening a new office, and the key data are shown below. The company owns the building that would be used, and it could sell it for $100,000 after taxes if it decides not to open the new office. The equipment for the project would be depreciated by the straight-line method over the project's 3-year life, after which it would be worth nothing and thus it would have a zero salvage value. No change in net operating working capital would be required, and revenues and other operating costs would be constant over the project's 3-year life. What is the project's NPV? (Hint: Cash flows are constant in Years 1-3.)

WACC 10.0% 
Opportunity cost $100,000 
Net equipment cost (depreciable basis) $65,000 
Straight-line depreciation rate for equipment 33.333% 
Annual sales revenues $123,000 
Annual operating costs (excl. depreciation) $25,000 
Tax rate 35%

The answer is 12,271

5 0

4 years ago

2. The Jasmine Tea Company purchased merchandise from a supplier for $43,338. Payment was a noninterest-bearing note requiring J

cestrela7 [59]

Answer:

Explanation:

Given the following :

Purchased merchandise = $43,338

Number of payments required = 6

Payment per period = $8,000

PV factor (PVIFA) = (purchased merchandise / payment per period)

PVIFA = (43,338 / 8000) = 5.41725

Using the PVIFA table, we locate the interest rate on PVIFA factor of 5.41725 for a period of 6 years.

For PVIFA of 5.4172, the interest rate is 3%

Hence the implicit Interest t rate = 3%

PVIFA = [1 - (1+r)^-n] ÷ r

4 0

3 years ago

From an information technology perspective, ________ includes the infrastructure for warehousing, integrating, reporting, and an

lbvjy [14]

From an information technology perspective, data warehouse includes the infrastructure for warehousing, integrating, reporting, and analyzing data from the business environment.

<h3>What is a data warehouse?</h3>

A data warehouse refers to the type of data management system that is designed and used to enable and support the business intelligence and business environment activities,

Generally, data warehouse is also known as enterprise data warehouse, which is a system and process of collecting and managing the data from different sources in order to provide meaningful business insights.

Basically, data warehouse includes the framework for analyzing, reporting, warehousing etc.

Learn more about data warehouse here:-

brainly.com/question/14615286

#SPJ4

7 0

1 year ago