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Bas_tet [7]
3 years ago
7

The following unit data were assembled for the assembly process of the Super Co. for the month of June. Direct materials are add

ed at the beginning of the process. Conversion costs are added uniformly over the production process. The company uses the FIFO process.
Units Beginning work in process 5,000 (60% complete)
Units started in September 48,000
Ending work in process 4,000 (30% complete)
The number of equivalent units produced with respect to conversion costs is:______.
Business
1 answer:
Tanzania [10]3 years ago
8 0

Answer:

Total number of equivalent units produced with respect to conversion costs  = 50,200 units

Explanation:

Provided the conversion costs is incurred uniformly over the time.

Therefore,

Opening + Addition - Closing = Net actual Production

5,000 + 48,000 - 4,000 = 49,000

Which are completed 100%

Now this production of 49,000 units includes the opening work in process now completed.

Further closing Work In Process = 4,000 which is 30% complete.

Therefore equivalent units included in closing inventory = 4,000 X 30% = 1,200 units

Total number of equivalent units produced with respect to conversion costs is 49,000 + 1,200 = 50,200 units

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The price of notebooks is $5, and at that price consumers demand 12 notebooks. If the price rises to $7, consumers will decrease
Vitek1552 [10]

Answer:

3

Explanation:

We are asked to use the midpoint formula.

Here, instead of dividing the change in values by the old value as in the normal elasticity calculation, we use the average of the two.

Mathematically:

Price elasticity of demand according to midpoint formula is :

{Q2 - Q1 / (Q2 + Q1) ÷ 2] × 100%} ÷ {[P2 - P1/ (P2 + P1) ÷ 2] × 100}

Price changed from 5 to 7. The midpoint of 5 and 7 is the average = (5+7)/2 = 6

% change in price in this case is (7-5)/6 * 100 = 100/3 = 33.33%

% change in quantity:

We first find the average = (12+4)/2 = 16/2 = 8

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The elasticity of demand is thus -100/33.33 = 3

7 0
3 years ago
Suppose we play the following game based on tosses of a fair coin. You pay me $10, and I agree to pay you $n2 if heads comes up
storchak [24]

Answer:

$4

Explanation:

A geometric distribution is commonly known as a probability distribution that is used for the total number of Bernoulli trials computed till there is a successful trial. Therefore:

If X is the toss with the first head, then, it is a geometric distribution with p = 0.5. The payable amount (A) will be:

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If $10 is used to play the game, the loss will be 10-6 = $4 per game.

8 0
3 years ago
At the beginning of the meeting Kira does not properly lead the team during the ______ stage of team development. Therefore; the
AVprozaik [17]

Answer:

forming; storming

Explanation:

The forming is the first stage in group development. At this stage, the members of the group reveal their expectations with respect to the work and share their that skils in which they are perfect so that the work could be allocated easily.

After this finishing this step, the next step is storming in which the members give their suggestions to accomplish a task that has assigned to each member of the group

Therefore as per the given situation, the forming and storming are the correct options.

8 0
3 years ago
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