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Ganezh [65]
3 years ago
8

Using the weighted average method, you are provided the following information: Beginning WIP 500 needing 50% yet to complete Uni

ts started and completed and moved to the next process- 1000 units Ending WIP of 500 units that are 50% complete. What is your equivalent units of production for the period?
Business
1 answer:
Anna11 [10]3 years ago
6 0

Answer:

equivalent units for conversion 1,750

Explanation:

for processing cost under the weighted average method the equivalent untis arethe complete and trasnferred untis plus the work complete on the ending inventory of work in process:

beginning WIP  500

+ start and complete 1,000

total complete and trasnfered-out = 1,500

Then we work 500 units at 50% thus 250 equivalent untis

the total equivalent untis is 1,500 + 250 = 1,750

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The Akron Slugger Company produces various types of wooden baseball bats. It has calculated the average cost per unit of a produ
Naddika [18.5K]

Answer:

\arge\boxed{\large\boxed{\$ 117,788}}

Explanation:

Assume the <em>cost</em> equation to be:

                Cost(x)=Fixed\text{ }costs+Variable\text{ }costs\\\\Cost(x)=A+Bx

Where x is the number of units (wooden baseball bats) produced.

The <em>average cost per unit of production level</em> is the total cost divided by the number of units produced:

              Average\text{ }cost(x)=Cost(x)/x\\\\Average\text{ }cost(x)=(A+Bx)/x\\

You are given that the <em>average cost per unit of a production level of 7,700 bats is $14</em>, then:

             14=(A+7,700B)/7,700

You are also given that the <em>fixed costs</em> are <em>$22,500</em>, thus A = 22,500. Hence, you can substitute the value of A in the previous equation and find B:

              14=(22,500+7,700B)/7,700\\\\14\times 7,700=22,500+7,700B\\\\107,800-22,500=7,700B\\\\85,300/7,700=B\\\\B=11.08

Now you can complete the cost equation:

             

               Cost(x)=\$ 22,500+11.08x

And to predict the total costs for 8,600 bats you must subsitute x with 8,600 in the previous equation:

             Cost(8,600)=\$ 22,500+11.08(8,600)=\$ 117,788

5 0
3 years ago
The XYZ Corporation pays no cash dividends currently and is not expected to for the next five years. Its latest EPS was $18.00,
stellarik [79]

Answer:

current intrinsic value per stock = $26.35

Explanation:

year                      dividend              EPS

0                              0                       $18

1                               0                       $20.88

2                              0                       $24.22

3                              0                       $28.10

4                              0                       $32.59

5                              0                       $37.81

6                              $12.59              $41.97

growth rate up to year 5 = 16%

ROE growth rate starting year 6 = 11%

dividend growth rate starting year 6 = 11% x (1 - 30%) = 7.7%

cost of equity = 24%

horizon value at year 5 = $12.59 / (24% - 7.7%) = $77.24

current intrinsic value per stock = $77.24 / 1.24%⁵ = $26.35

4 0
2 years ago
Sophie made pies and sold them from her food trailer at businesses. This is an example of a(n)A. direct marketing channel.B. dis
BigorU [14]

Answer:

Letter A is correct.<u> Direct marketing channel.</u>

Explanation:

A distribution channel is the most effective way a company decides to get its products to the end consumer at the right place at the right time. Intermediaries or business chains can be used to get the good to the customer. Some examples of distribution channels are: manufacturer, internet, retailers and shipping centers. Distribution channels can be direct or indirect.

In the case of the above question, Sophie's sales occurred through a direct distribution marketing channel, because this is configured as the one where the consumer can purchase the product or service direct from the manufacturer, there are no intermediaries for the product to reach the final customer. And proper transportation or logistics teams are also used to effectively deliver directly.

6 0
3 years ago
oronado Company has the following account balances: Purchases $95600 Sales Returns and Allowances 12600 Purchase Discounts 8300
Vladimir79 [104]

The cost of goods purchased for the period is $90,000 having the required account balances .

<h3>Account balances </h3>

An account balance is the amount of money present in a financial repository, such as a savings or checking account, at any given moment. The account balance is always the net amount after factoring in all debits and credits. An account balance that falls below zero represents a net debt—for example, when there is an overdraft on a checking account. For financial accounts that have recurring bills, such as an electric bill or a mortgage, an account balance may also reflect an amount owed.

Learn more about account balance here :

brainly.com/question/23271078

#SPJ4

3 0
1 year ago
Jamie works as a salesperson at a car dealership. He takes his sales very seriously. After selling a car to a customer, he waits
Alika [10]

Answer:

cognitive dissonance

Explanation:

Cognitive dissonance -

It is a type of mental stress which is felt by a person , who have two or more contradictory ideas or beliefs regarding any action , is known as cognitive dissonance .

This problem increases due to any new idea or new approach .

hence , from the question , Jamie , being a good salesperson ,  after selling the car , wait at least for a week and then call the customer to to insure them for their good decision .

Hence , Jamie is trying to reduce cognitive dissonance .

7 0
3 years ago
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