1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
insens350 [35]
3 years ago
14

Assume that Delaware Ice Cream Company uses the FIFO method to calculate equivalent units. It has unit costs of $10 for material

s and a conversion cost of $30. There are 2,500 units in ending goods in process, 100 percent complete with respect to materials and 40 percent complete with respect to conversion. What is the total cost assignable to its ending work in process inventory
Business
1 answer:
romanna [79]3 years ago
4 0

Answer: $55,000

Explanation:

Material costs are $10 per unit and have been completed in regards to the 2,500 units.

Material cost = 10 * 2,500

= $25,000

Conversion costs are $30 per unit and have only been 40% completed.

= (40% * 2,500) * 30

= 1,000 * 30

= $30,000

Ending Work in Progress Inventory Cost =  Material Cost + Conversion Cost

= 25,000 + 30,000

= $55,000

You might be interested in
A local charity has been given a grant to serve free meals to the homeless in its community, but it is worried that its program
Elis [28]
Homeless: 
10 – t^2 /320 > 0
10 > t^2 /320
3200 > t^2 
t < 40√2 = 56.6 
College students: 
10 – t^2 /160 > 0
10 > t^2 /160
1600 > t^2 
t < 40
Wait time would have to be at least 40 minutes to prevent college students from waiting.
6 0
3 years ago
All economic questions and problems arise from ____.
Fiesta28 [93]
All economic questions and problems arise from <span>C. scarcity. scarcity is defined as the lack of resources and is the opposite of abundance. If scarcity such as famine is experienced by a country or nation, there arise questions why such state happened</span>
3 0
3 years ago
Read 2 more answers
Your team is consulting with a local manufacturing company that has 1,200 employees and is the third largest employer in the are
Vedmedyk [2.9K]

Answer:

how do you want me to answer this telll me how and i will answer it full as best to my ability

Explanation:

8 0
3 years ago
Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's ______.
sweet-ann [11.9K]

Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's internal resources and external environment.

<h3>Who are Strategic leaders?</h3>

The center of attention for organizational learning is on strategic leaders. They encourage an environment of inquiry and look for lessons in both successful and bad results.

Organizational structure, resource allocation, and strategic vision are all functions of strategic leaders. Strategic leaders deal with extremely complex challenges in an uncertain environment while also being influenced by external events and organizations.

Process simplification, increased strategic productivity, and innovation are all benefits of strategic leadership. Employees may be independent, productive, and push for new ideas under this leadership. Programs for incentives and rewards are essential for strategic leaders. They support staff members in achieving their strategic objectives.

To know more about strategic leaders refer to:brainly.com/question/15171930

#SPJ4

8 0
2 years ago
A company issued 6%, 10-year bonds with a face amount of $90 million. The market yield for bonds of similar risk and maturity is
Leviafan [203]

Answer:

The bonds sold at: $122,106,600 dollars

Explanation:

We will calculate the present value of the coupon payment and the maturirty at market rate of 7%

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C         2.7(90 millions x 6% / 2 payment per year)

time 20  10 years and 2 payment per year

discounted at market rate: 7% divide by 2 payment per year:  0.035

2.7 \times \frac{1-(1+0.035)^{-20} }{0.035} = PV\\

PV 76.3551

Then present value of maturity:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   90.00

time            10 years

rate             0.07

\frac{90}{(1 + 0.07)^{10} } = PV  

PV   45.75

PV coupon  $76.3551

PV maturity  $45.7514

Total  $122.1066

7 0
3 years ago
Other questions:
  • Dawson Corporation has the following information available for 2014: (in millions) Issued common stock $45 Retired common stock
    14·1 answer
  • Suppose that the government introduces a tax on interest earnings. That is, borrowers face a real interest rate of r before and
    15·1 answer
  • On July 1, Lee Co. sold goods in exchange for a $200,000 8-month noninterest-bearing note receivable. At the time of the sale, t
    6·1 answer
  • The great sphinx is thought to be a portrait of __________.
    11·1 answer
  • Department C had direct materials EUP cost of $4.00 and conversion EUP cost of $2.50. If the department had 38,000 units complet
    5·2 answers
  • Scenario 1
    6·1 answer
  • 1. There are many different leadership theories and no ideal leadership style. Explain what "It depends" means to you in the con
    9·1 answer
  • During the first month of operations, a manufacturer incurs the following costs related to activities within its factory:
    10·1 answer
  • Is it essential that business market managers recognize which prospective customer firm is having a buying orientation.
    14·1 answer
  • alexander industries is considering purchasing an insurance policy for its new office building in st. louis, missouri. the polic
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!