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Maslowich
3 years ago
6

A company uses the weighted-average method for inventory costing. At the end of the period, 21,000 units were in the ending Work

in Process inventory and are 100% complete for materials and 66% complete for conversion. The equivalent costs per unit are; materials, $2.56, and conversion $2.25. Compute the cost that would be assigned to the ending Work in Process inventory for the period.
$84,945.

$169,260.

$75,680.

$129,990.

$111,712.
Business
1 answer:
AveGali [126]3 years ago
7 0

Answer:

$84,945.

Explanation:

cost to be assigned to the ending Work in Process inventory

= (21000×2.56)100% + (21000×2.25)66%

= $84,945

Therefore, The cost that would be assigned to the ending Work in Process inventory for the period is $84,945.

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After nearly 20 years with his company, Mike's job was outsourced. He wants his new job to offer not only a good wage but also j
Sedbober [7]

Answer:

a. intrinsic rewards

Explanation:

Intrinsic rewards at the workplace are those that meet personal, internal needs. These intrisic rewards can be summed up in job satisfaction and sense of accomplishment, but what makes a job satisfying, and what makes a worker feel accomplished is subjective, and varies from person to person.

Mike is focusing on the intrinsic rewards of his new job because he is giving more importance to this subjective aspects explained above than to external factors such as status, or wage.

8 0
4 years ago
One significant component of _____ can be the investment a seller makes in equipment or in the hiring of skilled employees to su
omeli [17]

Answer:

Transaction cost

Explanation:

Transaction cost is defined as costs that a person bears in the process of buying or selling of a product.

For example the commission that is paid to a broker for completing a transaction, cost of transportation that is spent when completing an exchange, and time for completing the purchase are all examples of transaction cost.

In the given instance transaction cost is exemplified by the investment a seller makes in equipment or in the hiring of skilled employees to supply the product or service to the buyer.

3 0
3 years ago
Compute the price of a 5.4 percent coupon bond with 10 years left to maturity and a market interest rate of 8.6 percent. (Assume
Doss [256]

Answer:

$788.22

Explanation:

We use the PV function that is reflected on the spreadsheet below. Kindly find the attachment

Provided that,  

Assuming the Future value = $1,000

Rate of interest = 8.6%  ÷ 2 = 4.30%

NPER = 10 years × 2 = 20 years

PMT = ($1,000 × 5.4%) ÷ 2  = $27

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the price of the bond is $788.22

6 0
4 years ago
Assume that Stillwater Designs produces two automotive subwoofers:
mr Goodwill [35]

Answer:

Stillwater Designs

Sales Budget 2014

                                                                Year 2014

Product                      First          Second         Third        Fourth        Total

                                  <u>quarter     quarter          quarter    quarter                </u>

S12L7                         800           2,200            5,600      4,600        13,200

S12L5                         1,300         1,400             5,300      3,900        11,900

A sales budget gives us an estimate of how many units (and $) the company will sell in the following months, quarters or even years.

4 0
3 years ago
Blain Company has $10,000 of accounts receivable that are current, $5,000 that are between 0 and 30 days past due, $3,000 that a
True [87]

Answer:

d. $1050.

Explanation:

We multiply each account balance by the expected uncollectible amount and then addd them to get the expected total for doutful accounts

\left[\begin{array}{cccc}Date&Amount&Expected&uncollectible\\$not due&10000&0.02&200\\$up to 30&5000&0.05&250\\$up to 60&3000&0.1&300\\$more than 61&800&0.5&400\\&&Total&1150\\\end{array}\right]

Balance of the allowance account:  100

The expense will be the adjustment made on the allowance to get the expected balance of 1,150

1,150 - 100 = 1,050

we increase the allowance bu 1,050 to get our expected uncollectible fro maccounts receivable agaisnt the bad debt expense ofthe period.

8 0
3 years ago
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