Answer:
a. 2.01 times
Explanation:
Asset Turnover Ratio = Net Sales / Average Total Assets
Asset Turnover Ratio = $510,000 / $253,500
Asset Turnover Ratio = 2.01 times
Asset Turnover Ratio > 1
Net Sales > Average Assets
Answer:
<u>Part 1</u>
Direct material cost per equivalent units = $194,560 / 25,600 ounces
Direct material cost per equivalent units = $ 7.60 per ounce
Conversion Cost per equivalent units = $98,340 / 29,800 ounce
Conversion Cost per equivalent units = $3.30 per ounce
<u>Part 2</u>
Completed and Transferred out of production = $2380 + (45,000* $2.20) + (3,600 * $0.65) + (45,000 * $0.65)
= $2,380 + $99,000 + $2,340 + $29,250
= $132,970
Inventory in process, ending = (3000 * $2.20) + (1500 * $0.65)
= $6,600 + $975
= $7,575
Answer:
The correct answer is letter "A": Health care.
Explanation:
The final product is the good or service that is provided to end-consumers after a series of steps the company takes to bring the product to the market. It represents the ultimate reason why consumers attend to a business and why they are willing to acquire a product for.
In the case of hospitals, people go to these medical centers to receive <em>health care</em> regardless of the type of assistance they need.
