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3 years ago

Conversion costs are__________.

Business

1 answer:

Arturiano [62]3 years ago

6 0

Answer: C - direct labor and manufacturing overhead.

Explanation: Conversion costs are costs incurred in bringing raw materials to finished products. Its a cost that includes direct labour and manufacturing overheads because they both relate directly to the conversion of the raw materials to finished products.

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Please it is pyscology questions please help me with this

Anestetic [448]

Answer:

not even a little

Explanation:

Ido you know what is physics

6 0

2 years ago

Echo Sound Company just began business and made the following four inventory purchases in June: June 1 150 units $ 780 June 10 2

blsea [12.9K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

June 1: $780/150 units= $5.2 per unit

June 10: $1,170/200 units= $5.85 per unit

June 15: $1,260/200= $6.3 per unit

June 28: $990/150= $6.6 per units

A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand.

Units sold= total units - ending inventory

Units sold= (150 + 200 + 200 + 150) - 210= 490 units

The method with the lowest cost of goods sold will have the highest income:

FIFO (first-in, first-out):

COGS= 150*5.2 + 200*5.85 + 140*6.3= $2,832

LIFO /last-in, first-out)

COGS= 150*6.6 + 200*6.3 + 140*5.85= $3,069

Weighted-average:

Weighted-average price= (5.2 + 5.85 + 6.3 + 6.6)/4= 5.99

COGS= 490*5.99= $2,935.1

The inventory method that will provide the highest gross profit is FIFO.

4 0

3 years ago

A(n) is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates. There a

LenaWriter [7]

Answer:

Bond,treasury

Explanation:

A bond refers to the contract between borrower and lender stipulating that the borrower must pay periodic interests and principal on specified dates .

The interest is also known as coupon payment has fixed rate usually quoted in the bond agreement which could be paid annually or semi-annually to te lenders.

Treasury refers to the bond issued by the national government such as the U.S government and carries a lower rate of return as the risk attached too is low ,hence lower risk brings about lower return since the government is not likely to default in discharging its obligations

8 0

3 years ago

Mike and Mary Jane Lee have a yearly income of $79,352 and own a house worth $102,100, two cars worth a total of $ 19,907 and fu

77julia77 [94]

Answer:

Total assets $

Building 102,100

Motor vehicle 19,907

Furniture 10.442

Total assets 132,449

Total liabilities $

Mortgage loan 58,347

Outstanding loan 2,567

Utility bills unpaid 242

Total liabilities 61,156

Debt ratio = Total liabilities x 100

Total assets

Debt ratio = $61,156 x 100

$132,449

Debt ratio = 46.17%

Explanation:

In this case, there is need to calculate the total assets, which is the aggregate of building, motor vehicle and furniture.

We also need to calculate the total liabilities, which is the aggregate of mortgage loan, car loan outstanding and utility bills unpaid.

Debt ratio is obtained by dividing total liabilities by total assets multiplied by 100.

8 0

3 years ago

Shortly after you purchase the laptop, you receive your first credit card bill and forget to pay it, because it’s a new responsi

Anvisha [2.4K]

Answer and explanation:

Forgetting to pay debts has a detrimental effect on the length and interest payment of a loan. The more a consumer falls behind in the repayment of a debt the longer it will take to pay off the total amount owed. Besides, the interest rate is recalculated by the financial institution implying more interest will be paid.

Therefore, forgetting to pay debts must be avoided. Setting automated payments is a good measure to avoid such circumstances.

8 0

3 years ago