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
IgorLugansk [536]
3 years ago
13

. A company's beginning work in process inventory consisted of 20,000 units that were one-fifth complete with respect to direct

labor. These beginning units were completed and another 90,000 units were started during the current period. Of those started, 60,000 were finished and the remaining 30,000 were one-third complete at the end of the period. Using FIFO, the equivalent units of production were:A. 60,000B. 74,000C. 76,000D. 86,000E. 90,000
Business
1 answer:
Elden [556K]3 years ago
6 0

Answer:

The correct answer is D. 86,000

Explanation:

<u>Units in production </u>

Beginning WIP                      20,000 x 4/5 =  16,000( one-fifth complete,  so 4/5 to complete )

Started and completed        60,000

Ending WIP                            30,000 x  1/3=10000   one-third complete

Total units  86,000

You might be interested in
Wilfred Nadeau owns 300 shares of Consolidated Glue. The​ company's board of directors recently declared a cash dividend of 45 c
dedylja [7]

Answer:

<u>a. Zero dividend.</u>

<u>b. 3.5 new shares</u>;

<em>texes will be paid.</em>

<u>Explanation:</u>

a. March 20 is a date earlier than when the dividends are too be paid on April 18, and as such Wilfred Nadeau<em> will not</em> receive any dividend if he sells his stocks since he no longer has ownership of them.

b. 45 cents dividends per 300 stocks of Wilfred is $135 (reinvestment dividend plan).

With a discount of 3.4% at $39.8 (3.4%*39.8) current price per stock makes the total cost per stock after discount= $38.4.

Dividing the reinvestment dividend plan over the discounted price (135/38.4) = 3.5 new shares, According to the requirements of law the investor must still pay tax annually on his or her dividend income, whether it is received as cash or reinvested.

8 0
3 years ago
A portfolio is consisted of two stocks:$1,000 in stock X and $3,500 in stock Y. The expected return on stock X is 12%, and 6% fo
oksano4ka [1.4K]

Answer:

Portfolio return = 7.3%

Explanation:

<em>The portfolio expected rate of return would be the weighted  average expected rate of return</em>

Weighted average expected rate of return=

12%× (1000/(3500+1000) + (3,500/(1000+3500)× 6%= 0.073333333

Expected rate of return = 0.073333333 × 100 = 7.3%

Portfolio return = 7.3%

6 0
3 years ago
Often, it is difficult to name a home country for a(n) ________ business
velikii [3]
Small business is difficult in the economy because its self made

8 0
3 years ago
Disability income plans which require that the insurer can never change or alter premium rates are usually considered
malfutka [58]
<span>Disability income plans which require that the insurer can never change or alter premium rates are usually considered </span>noncancellable. 
Noncancellable means an insurance policy that can not be canceled as long as the customer makes their premium payments. They can not cancel or change the service agreement for any reason if payments are made. 
8 0
3 years ago
Government regulations that prevent two firms from merging to become a monopoly address which type of market failure?
Kitty [74]
Market power because it is the ability of a firm to set on price of goods ( when both firms merges to have power over market
4 0
2 years ago
Other questions:
  • At the __________ level of decision making, functional managers focus on monitoring and controlling operational-level activities
    10·1 answer
  • Mary is a new supervisor working with a preexisting staff that has resisted many of the new policies she has put into place. Mar
    5·1 answer
  • Rollerbeam Inc., a provider of engineering services, is looking to hire several maintenance engineers. Rollerbeam's HR departmen
    15·1 answer
  • Exercise 4-2A Allocating costs between divisions Beasley Services Company (BSC) has 50 employees, 28 of whom are assigned to Div
    14·1 answer
  • This year Amy purchased $2,000 of equipment for use in her business.However, the machine was damaged in a traffic accident while
    6·1 answer
  • Llewelyn Company purchased 1,000 shares of its own $10 par value common stock when the market price of the stock was $36 per sha
    15·1 answer
  • Ben started a business on 1 January 2015 using rented premises. At 31 December 2015 Ben owed $1400 for rent. The rent charge to
    15·1 answer
  • ___refers to an environment in which cultural, group, and individual differences are acknowledged, accepted, and viewed as signi
    15·1 answer
  • What is a role expectation?
    6·1 answer
  • The cost of the business process is the sum of the cost of the inputs and the ________.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!