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DanielleElmas [232]
3 years ago
13

The Fox Company uses the weighted average method. The beginning work in process consists of 20,000 units (100% complete as to ma

terials and 50% complete as to conversion costs). The number of units completed during the period was 80,000. The ending work in process consists of 10,000 units (100% complete as to materials and 20% complete as to conversion costs). Calculate the equivalent units of production with respect to conversion costs.
Business
1 answer:
Natali5045456 [20]3 years ago
6 0

Answer:

EU conversion    82,000

Explanation:

for WA we calcualte equivalent units as comeplted units plus percentage of completion on ending WIP inventory

completed units 80,000

ending WIP inventory

10,000 x 20% =    2,000

EU conversion    82,000

There is not distinction betwene started and comeplted like FIFO because the cost will be calcualte on average. The order on which the units are made does no influence under weighted average method.

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Material breach

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Stark Corporation has two​ departments, Car Rental and Truck Rental. Central costs may be allocated to the two departments in va
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310.5 activity rate per employee

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3 years ago
Your portfolio is invested 30 percent each in Stocks A and C, and 40 percent in Stock B. What is the standard deviation of your
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Answer:

portfolio's standard deviation = 6.18%

Explanation:

we must first determine the expected returns for each stock:

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stock B = (0.15 x 41%) + (0.6 x 12%) + (0.2 x -6%) + (0.05 x -16%) = 11.35%

stock C = (0.15 x 21%) + (0.6 x 10%) + (0.2 x -4%) + (0.05 x -8%) = 7.95%

then we must determine the variance of each stock's return:

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stock B = {[0.15 x (41 - 11.35)²] + [0.6 x (12 - 11.35)²] + [0.2 x (-6- 11.35)²] + [0.05 x (-16 - 11.35)²]} / 4 = (131.868375 + 0.2535 + 60.2045 + 37.401125) / 4 = 57.4219

stock C = {[0.15 x (21 - 7.95)²] + [0.6 x (10 - 7.95)²] + [0.2 x (-4- 7.95)²] + [0.05 x (-8 - 7.95)²]} / 4 = (25.545375 + 2.5215 + 28.5605 + 12.720125) / 4 = 17.3369

portfolio's variance = (0.3 x 33.4975) + (0.4 x 57.4219) + (0.3 x 17.3369) = 38.21908

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.Daniel’s team had to analyze the last two vendors across four categories. Which basic characteristic groups of the potential pr
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Daniel’s team had to decide the vendor on the following attributes that should be analyzed:  

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A machine costing $251,800 was purchased May 1. The machine should be obsolete after three years and, therefore, no longer usefu
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Answer:

Instructions are listed below.

Explanation:

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A machine costing $251,800 was purchased May 1. The machine should be obsolete after three years and, therefore, no longer useful to the company. The estimated salvage value is $3,400.

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