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Afina-wow [57]
4 years ago
6

The Packaging Department started the month with 900 units in​ process, received 1 comma 600 units from the Finishing​ Department

, and transferred 1 comma 900 units to Finished Goods. Direct materials are added at the beginning of the process and conversion costs are incurred evenly. The units still in process at the end of the month are 55​% complete for conversion costs. Calculate the number of units still in process at the end of the month and the equivalent units of production. The company uses the​ weighted-average method. Production Cost Report - Packaging Department
Business
1 answer:
jeka944 years ago
6 0

Answer:

ending WIP physical units: 600

Equivalent units: 495

Explanation:

<u>physical units:</u>

We will add up the beginning units and the transferred-in.

Then we subtract the transefrred-out

beginning            900

received             1,600

total units during the period: 2,500

transferred out: (1,900)

ending:                600

<u>To know the equivalent untis we multiply by their porcentage of completion:</u>

900 x 55% = 495 units

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2 Jodi owns 112 shares of stock selling for $16.20. How many more shares can she purchase after receiving a dividend of $0.80 po
marusya05 [52]

Answer:

The number of new shares = 6

Explanation:

Dividend is the proportion of profit paid by a company to its shareholder as a form of return on their investment. Another form of return on share investment is the capital gain; which is the difference between the selling price of a share now and its cost when it was purchased.

<em>For Jodi, we need to first calculate the amount of dividends earned on the total shares she owns. And then divide the result by the current purchase price of a share to arrive at the number of shares she can buy more.</em> This is done as follows:

Total dividends =  112× 0.80 = $89.6

Current price of a share = $16.20

THe number of shares that can be purchased= 89.6/16.20=5.5

The number of new shares = 6

6 0
3 years ago
​the ____ outlines the specific vehicle to be purchased and all charges for the purchase.
konstantin123 [22]
<span>A buyer's order outlines the specific vehicle to be purchased and all charges for the purchase. It is not the final bill of sale contract. It is basically the agreed upon terms of the purchase being made. This is usually used when purchasing a car.</span>
5 0
4 years ago
Which one of the following would constitute a highly inflationary economy when determining the functional currency of a foreign
strojnjashka [21]

Answer:

The answer is stated below:

Explanation:

Functional currency is the one which states the primary and foremost economic environment in which the entity generate cash as well as expends cash.

It is used by the business units or the business as a monetary unit of account.

For determining or evaluating the functional currency, a hyper inflationary economy is one which experience a combined inflation of 100% or more over the past three years.

Inflation is 35% every year over the last 3 years which is a combined 105% and constitutes to a economy which is highly inflationary.

3 0
4 years ago
Which of the following statements is true of a distribution channel?
qwelly [4]

Answer:

The answer is: A) It is almost synonymous with demand chains.

Explanation:

A company´s distribution channel is the chain of businesses through which a good passes until it reaches its final customer.  

An extremely simple example would be: Factory - Wholesale distributor - Local retail store - Customer

A demand chain is just the distribution channel but seen through the eye of the customer. It answers the following question: The good that I just bought passed through which businesses in order for me to get it?

The demand chain for the previous example would be: Customer - Local retail store - Wholesale distributor - Factory

 

3 0
3 years ago
What is the differential revenue from the acceptance of the offer? a. $300,000 b. $420,000 c. $120,000 d. $240,000
ivann1987 [24]

Answer:

a. $300,000

Explanation:

Calculation

Calculation for the differential revenue from the acceptance of the offer

Using this formula

Differential revenue= Units of offer received× Amount per unit

Let plug in the formula

Differential revenue=20,000 units× $15 per unit

Differential revenue=$300,000

Therefore the differential revenue from the acceptance of the offer will be $300,00

3 0
3 years ago
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