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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 use of a differentiation strategy would be expected to be LEAST effective in which of the following markets? a. Commodity go
Tema [17]

Answer:

The correct answer is letter "A": Commodity goods.

Explanation:

A differentiation strategy is an approach adopted by companies to make the goods or services they offered unique compared to their competitors. Most firms tend to use price as the main key to the difference between their products and the competitors'.

Thus, <em>the differentiation strategy is less likely to be applied in commodity goods because they are inherently unique such as oil, natural gas, precious metals or foreign currencies</em>.

3 0
3 years ago
Beta Corporation had net income of $325,000 and paid dividends to common stockholders of $39,000 in 2017. The weighted average n
Bas_tet [7]

Answer:

The price earnings ratio for Beta corporation is 8 times

Explanation:

The formula for price-earnings ratio is the stock market price divided by the  stock earnings per share.

The stock market price has been given as $52 per share

the earnings per share=net income-preferred dividends/weighted average number of shares

net income is $325,000

preferred dividends is $0

weighted average number of shares is 50,000

earnings per share=($325,000-$0)/50,000=$6.5

price earnings ratio=$52/$6.5= 8 times

4 0
2 years ago
Jared had studied extremely hard for his math test and believed he had understood the material and memorized the formulas. As he
puteri [66]

Answer:

He began to worry.vvv

Explanation:

3 0
3 years ago
Read 2 more answers
Happy Maids cleans commercial buildings. In March, Happy Maids started and completed two jobs, Job 1000 and Job 1001. The job co
vodomira [7]

Answer:

C :Job 1000, $1,860; Job 1001, $3,100

Explanation:

The computation of the total cost is shown below:

For Job 1000:

= Direct materials + Direct labor hours × wage rate per hour × Direct labor hours × overhead rate per hour

= $1,200 + 30 × $15 + 30 × $7

= $1,200 + $450 + $210

= $1,860

For Job 1001:

= Direct materials + Direct labor hours × wage rate per hour × Direct labor hours × overhead rate per hour

= $2,000 + 50 × $15 + 50 × $7

= $2,000 + $750 + $350

= $3,100

5 0
3 years ago
What is the term for something that is produced by the mind, such as new invention that was commercial value?
mr_godi [17]
I just got a great idea?
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2 years ago
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