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s2008m [1.1K]
3 years ago
9

If 16,000 units of materials enter production during the first year of operations, 12,000 of the units are finished, and 4,000 a

re 75% completed, the number of equivalent units of production would be 15,000.
True

False
Business
1 answer:
Serhud [2]3 years ago
7 0

Answer:

True

Explanation:

Equivalent Unit Production is solved in two ways. Either by adding beginning inventory and units started or by adding finished goods and ending inventory.

If we add finished goods and ending inventory we  get

Finished Goods  units      12000

Ending Inventory  units    4000(75%)= 3000

Equivalent Units         15000

which is true .

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solmaris [256]

Answer:

Answer A

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Revenue expenditures are the expenditures during period in which the asset has been put into its usage. They are often discussed in the context of fixed assets. For instance if a company installs new equipment and has monthly costs of its maintenance, these costs are revenue expenditures. Therefore, they only present additional costs that do not necessarily increase asset's life.

4 0
3 years ago
In the last decade or so, there has been a dramatic expansion of small retail convenience stores (such as 7-Eleven, Kwik Shop, a
Vladimir79 [104]

Answer:

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3 years ago
A management philosophy that guides the actions of company members toward the goal of actively managing the upstream and downstr
Inessa05 [86]

Answer:

Supply Chain Orientation

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3 0
3 years ago
A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 7 percent. Thi
Mrrafil [7]

Answer:

a. 9%

b. Yes, the firm earning an economic profit of 2%

c. Yes, Industry will see entry or exits

d. Rate of return of economy = 7%

Explanation:

a. Percentage rate of return = Earning ÷ Investment by founders × 100

= $18 ÷ $200 × 100

= 9%

b. Company rate of profit - Rate of profit of economy

= 9% - 7%

= 2% > 0

Yes, the firm earning an economic profit of 2%

c. Yes, Industry will see entry or exits because industry is competitive in nature and would to like to compete to others by satisfying the consumers . In perfect competitive markets there will be no entry or exits and critical characteristics reason companies are free for entry and exit for marginal profits.

d. Industry is competitive , there will be supplier to serve the market and its hard to decide the price of the product.

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4 0
3 years ago
How much will we end up buying?
makvit [3.9K]
I think its 500 cause yes
4 0
3 years ago
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