1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lisa [10]
3 years ago
12

Bonita and Miller Manufacturing is trying to determine the equivalent units for conversion costs with 11400 units of ending work

in process at 70% completion and 31500 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period
Business
1 answer:
ratelena [41]3 years ago
8 0

Answer:

The equivalent units for conversion cost are 28080.

Explanation:

Firstly, we need to find our how much units are being sold

Units Sold= physical units - ending units

Units sold= 31500 - 11400 = 20100

Then we need to add units sold with percentage completion of ending units in order to find out equivalent units for conversion cost

Formula:

Equivalent units for conv. cost= units sold + (%completion of ending units)

Equivalent units for conv. cost= 20100 + ( 70% ×11400)

Equivalent units for conv. cost= 20100 + 7980

Equivalent units for conv. cost= 28080

You might be interested in
How does an increase in the price of laptop memory chips affect the market of laptops?
quester [9]

If the laptop supply curve shifts to the left, an increase in memory chip prices will have an impact on the market for laptops.

The relationship between product price and the amount of product a market seller is willing and able to supply is graphically represented by the supply curve in economics. The graph's vertical axis represents product price, and its horizontal axis represents the amount of the product supplied.

Since product price and quantity supplied are directly related, the supply curve is typically depicted as a slope rising upward from left to right. This marketrelationship depends on a number of ceteris paribus (other things being equal) conditions holding true. The number of sellers on the market, the supply curve level of technology, the cost of production, and the seller's price are a few examples of such factors.

Learn more about supply curve here

brainly.com/question/6075885

#SPJ4

4 0
1 year ago
Which of the following transactions does not affect cash during a period? Group of answer choices Write-off of an uncollectible
jeyben [28]

Answer:

ehdhdhdhdhhdjdjdjdj

Explanation:

nxnxnxndnfjfnfjdjdjdhfhryyrhdhdhdhdjdjdjdjfhfhfjdjdj

3 0
3 years ago
A manager hires labor and rents capital equipment in a very competitive market. Currently the wage rate is $12 per hour and capi
Alex777 [14]

The firm should decrease the amount of capital used.

Solution:

The wage rate is $12 per hour and capital is rented at $8 per hour.

The marginal product of labour is 45 units of output per hour and the marginal product of capital is 65 units of output per hour.

A manager hires labour and rents capital equipment in a very competitive

market.

The ratio of marginal product of labour and wage rate

= \frac{45}{12}

= 3.75

The ratio of marginal product of capital and rent

= \frac{65}{8}

= 8.125

If the cost ratio is higher, it means that the boss must minimize the volume of money involved in the manufacturing process.

5 0
2 years ago
The amount of a good that buyers are willing and able to purchase at a given price.
inysia [295]

Answer:

Quantity demanded is the amount of a good that buyers are willing and able to purchase at a particular price. Many things determine demand, but only price can determine the quantity demanded of a specific good. If you have the money and are willing to buy 2 ice cream cones a week, at $2 per cone, the quantity demanded would be 2 cones a week. Now, what happens if the price increases to $4 a cone? If you are like most people, the quantity of ice cream cones you demand will decrease as the price rises. In this case, assume your quantity demanded is now only 1 cone a week, which is what you are willing and able to buy. Notice that as the price of the cones increases, the quantity of ice cream cones demanded decreases. This means quantity demanded is negatively related to price-which means they have an inverse relationship. Economists refer to this relationship as the law of demand. The law of demand states that, other things being equal, when the price of a good rises, the quantity demanded of that good falls. The reverse is also true-when the price of a good falls, the quantity demanded of that good rises. The combination of the quantities people are willing and able to buy of a good or service at various prices constitutes a demand schedule. When the demand schedule is graphed, the demand curve is downward sloping.

7 0
2 years ago
Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i
timama [110]

Answer:

b. $60

Explanation:

Produced surplus = Price producer is able to sell - Price producer would be willing to sell

Price the producer is able to sell = Producer surplus + Price producer would be willing to sell

= $100 + ($15 + $25 + $40)

= $180 for 3 lawn

Therefore, if Ronnie charges are customers the same price for lawn mowing, that price is

= $180 / 3

= $60

8 0
2 years ago
Other questions:
  • What is one disadvantage to consumers of a rebate offer?
    15·2 answers
  • This chart demonstrates the​ "progressive" nature of the u.s. tax code in that income tax rates increase dramatically as the lev
    9·1 answer
  • Which annuity payout option allows the policyowner to choose a pre-determined number of benefit payments?
    7·1 answer
  • Becoming the candy lady tips for advertising and employing
    14·1 answer
  • Paolucci Corporation's relevant range of activity is 8,400 units to 17,000 units. When it produces and sells 12,700 units, its a
    9·1 answer
  • Johanna, an Austrian citizen, is graduating from a U.S. medical school. She knows she will have to pay a much higher percentage
    5·1 answer
  • Consider an income guarantee program with an income guarantee of $6,000 and a benefit reduction rate of 50%. A person can work u
    7·1 answer
  • Consider the market for minivans (Some would describe a minivan as a family car). Looking at the two statements, which one is tr
    10·1 answer
  • In accordance with 1926.21(b)(2), the employer is required to instruct each employee in the _______________ of unsafe conditions
    14·1 answer
  • Which of the following reflects the effect of the year-end adjusting entry to record estimated uncollectible accounts expense us
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!