Answer:
The correct answer is C. 100
Explanation:
Data
Units in opening Work-In-Progress (WIP) 65
Units added ?
Units transferred out 77
Units in closing WIP 30
Units added=Units transferred out+Units in closing WIP-Units in opening Work-In-Progress (WIP)=77+30-65=42
Equivalent Units in production
Beginning WIP (% to complete) +Started and completed+Ending WIP
Beginning WIP 52 (65 x 80% )( 20% complete at the previous period, 80% in this period)
Started and completed 42
Ending WIP 6 (30 x 20%) (20% complete in this period)
Total =52+42+ 6= 100
Answer:
B. $300
Explanation:
The interest revenue is computed below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $20,000 × 6% × (3 months ÷ 12 months)
= $300
The 6 months is calculated from October 1 to December 31
Simply we use the simple interest formula by considering the principal amount, rate of interest and time period so that the correct revenue can be computed
Answer:
16,300 Direct Labor Hours
Explanation:
Evening Star Inc. produces two models.
The field model requires eight(8) direct-labor hours.
The professional binoculars require ten(10) direct-labor hours.
In May,
Number of field binocular manufactured=850
Number of professional binocular manufactured=950
Therefore:
- Standard Hour for 850 field model = 850 X 8 =6800 Hours
- Standard Hour for 950 professional model = 950 X 10 =9500 Hours
Total Standard Hours allowed in May = 6800+9500
=16300 Direct Labor Hours
IRR function for this problem is 7. 7% and invest in the project
<h3>What is
IRR function?</h3>
The Excel IRR function returns the internal rate of return (IRR) for a sequence of cash flows that occur at regular intervals. Determine the internal rate of return. Return was calculated as a percentage. =IRR (values, [guess])
IRR is the interest rate at which the sum of all cash flows equals zero, thus it is useful for comparing one investment to another. In the preceding example, if we substitute 8% with 13.92%, the NPV becomes 0, and your IRR becomes zero. As a result, IRR is defined as the discount rate at which a project's NPV becomes zero.
To know more about IRR function follow the link:
brainly.com/question/24301559
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