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Wewaii [24]
3 years ago
5

During March, the production department of a process operations system completed and transferred to finished goods 20,000 units

that were in process at the beginning of March and 100,000 units that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 55% complete with respect to labor. At the end of March, 39,000 additional units were in process in the production department and were 100% complete with respect to materials and 60% complete with respect to labor. The production department incurred direct materials cost of $253,500 and its beginning inventory included materials cost of $93,700. Compute the direct materials cost per equivalent unit for the department using the weighted-average method.
Business
1 answer:
Tju [1.3M]3 years ago
7 0

Answer:

$2.18 per unit

Explanation:

The computation of the direct material cost per equivalent units is shown below:

As we know that

Direct Material cost per equivalent unit is

= Direct material cost ÷ equivalent units

where,

Direct material cost is

= $253,500 + $93,700

= $347,200

And, the number of equivalent units is

Equivalent units of production = Units processed + closing work-in-progress  

= [(20,000 + 100,000) × 100%] + (39,000 × 100%)

= 120,000 + 39,000

= 159,000

Now the cost per equivalent unitis

= $347,200 ÷ 159,200

= $2.18 per unit

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Answer:

The answer is $41.67

Explanation:

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D1 is the next year dividend payment

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Po = $5.00 /0.16 - 0.04

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3 years ago
Which of the following is an example of a successful effort at branding?
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The correct answer is B. The word "google" has been added to the dictionary.

Explanation:

Branding implies making the name, symbol, and purpose of a company identifiable for the customers. This means, the customers known the purpose of the company, its products, and they can easily remember the name of it, which is important to make a company stood out over similar companies. Additionally, branding often implies customers associate any element of the company with positive ideas.

Branding can be seen in the case of Google company and the fact the name of the company was added to the dictionary because this shows the name of the company and products of it are identified by thousands of consumers, which shows how effective was the branding strategy of the company to define the identity of the company and convey this idea to customers.

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3 years ago
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4vir4ik [10]

The correct answer to this open question is the following.

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6 0
3 years ago
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3 0
2 years ago
On December 1, 2018, Shamrock Company received $9,600 from Destiny, Inc. for rent of an office owned by Shamrock Company. The pa
andrey2020 [161]

Answer:

b. credit to Rent Revenue of $3,200

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Amount earned as at December 31

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Entries required

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Credit Rent Revenue                 $3,200

Being entries to recognize revenue earned as at December 31

4 0
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