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sammy [17]
3 years ago
12

During November, the production department of a process operations system completed and transferred to finished goods 31,000 uni

ts that were in process at the beginning of November and 150,000 that were started and completed in November. November's beginning inventory units were 100% complete with respect to materials and 30% complete with respect to conversion. At the end of November, 33,000 additional units were in process in the production department and were 100% complete with respect to materials and 60% complete with respect to conversion. Compute the number of equivalent units with respect to conversion for November using the weighted-average method.
Business
1 answer:
Aleks [24]3 years ago
6 0

Answer:

200,800 units

Explanation:

<u>Calculation of Equivalent units of Production of Conversion Costs</u>

Method : weighted-average method.

Completed and Transferred (181,000 × 100%)             = 181,000

Ending Work In Process (33,000 × 60%)                     =   19,800

Equivalent units of Production of Conversion Costs  = 200,800

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ErgoWorld Inc. manufactures office furniture. The company is considering adopting a modular production system. A modular system
kari74 [83]

Answer: D. customers have heterogeneous demands which are expected to be met in a cost-effective way.

Explanation:

The options are:

A. most customers are likely to agree on a single product configuration.

B. customers prefer to upgrade their products by replacing their entire system.

C. customers are willing to pay a premium price for extreme customization and personalization.

D. customers have heterogeneous demands which are expected to be met in a cost-effective way.

Modular production system refers to a production system whereby the workers set their own standards and then work together for production purpose.

Based on the scenario given, a modular system would offer greater value to ErgoWorld when the customers have heterogeneous demands that are expected to be met in a cost-effective way.

5 0
3 years ago
Indicate what components of GDP (if any) each of the following transactions would affect.
kvv77 [185]

Answer:

It will fall under Consumption if it is a commodity or non-capital good purchased.

It will fall under Investment if it is a capital good that was sold or purchased.

It will fall under Government Spending if the Government bought or paid for it.

It will fall under Net Exports if it involves the purchase of goods from another country or the sale of goods to another country.

You buy a new Toshiba computer  - CONSUMPTION AND NET EXPORTS.  

Toshiba is a Japanese Company.

Ford manufactures a Focus and sells it to Avis, the car rental company. INVESTMENT.

It becomes a capital good to Avis.

Dell sells a desktop computer from its inventory to the Johnson family . - CONSUMPTION and INVESTMENT.

The Desktop is considered a capital good as it can be an investment by the family to produce goods or services.

Aunt Jane buys a new house from a local builder.  INVESTMENT

Housing is a capital good.

The federal government sends your grandmother a Social Security check. - TRANSFER PAYMENT which means it is not to be included in GDP.

Texas hires public middle school teachers .  - GOVERNMENT SPENDING.

Texas will be spending to pay teacher's salaries.

You pay a domestic plumber for fixing a leak in your bathroom.  - CONSUMPTION.

Uncle Paul pays a domestic contractor for renovating his home - CONSUMPTION.

This is housing but it involves buying goods to change the appearance of the house not buying the house itself.

6 0
4 years ago
If the cpi was 240 in year 1 and 245.1 in year 2, what is the inflation rate between year 1 and year 2?
Ulleksa [173]

The inflation rate between years 1 and 2 is 2.13%

What is CPI?

CPI means consumer price index, the consumer price index measures the change in prices of a basket of  goods and services from one period to another, like the change in prices or inflation rate  from one year to another year.

The inflation rate can be expressed in the current year CPI divided by the prior year CPI as shown by the CPI formula shown below:

inflation rate=(CPI year 2/CPI year 1)-1

CPI year 2=245.1

CPI year 1=240

inflation rate=(245.1/240)-1

inflation rate=2.13%

The implication of the above computation is that the inflation rate between year 1 and year 2 is approximately 2.13% when  rounded to 2 decimal places.

In other words, the prices of goods and services has increase by 2.13% on the average between the two years

Read more on CPI on:brainly.com/question/11397263

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6 0
2 years ago
When harvesting a venture, the outright purchase of the going concern by managers, employees, or external buyers is known as goi
timama [110]

Answer:

In simple words, Harvesting seems to be the tool used by traders and investors to get out of business and, preferably, to recover the interest of their investments in the company. It's about more than trying to sell and having to leave a company. It includes collecting interest, risk reduction, and developing opportunities for the future.

Whenever a marketing plan includes a harvest tactic, investment firms and borrowers are convinced that the proprietors aim to establish the market and start selling it to either international shareholders or go to another corporation.

5 0
3 years ago
During the improving economic conditions of 2015 and early 2016 much additional construction of homes and condos throughout much
Trava [24]

Answer:

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In this case, the United States, an advanced nation, has many comparative advantages over its southern neighbor: Mexico, which is still a developing nation. Free trade allows the movement of a wide array of goods and services from Mexico to the United States, something that benefits everyone.

Free movement of labor also benefits people in the same way, even when it is only partially free. In the United States, there is a large mexican population who perform all kinds of jobs, for example, in the construction businesses. This benefits American companies because they obtain their much needed labor, and benefits Mexican immigrants because they get jobs that pay more than what they would earn in Mexico.

b. Using the principle you have selected, describe the chain of events that best explains how increased spending for U.S. home and condo construction is likely to affect the performance of the economies of these South American countries.

If investment in new housing increases in the United States, more labor is needed to build those houses, included labor provided by immigrants from Mexico and South American Countries.

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4 0
3 years ago
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