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lord [1]
4 years ago
8

103. Department M had 600 units 60% completed in process at the beginning of June, 6,000 units completed during June, and 700 un

its 30% completed at the end of June. Using the first-in, first-out method of inventory costing, what was the number of equivalent units of production for conversion costs for the period? a. 7,300 units b. 5,640 units c. 6,700 units d. 5,850 units

Business
1 answer:
eimsori [14]4 years ago
5 0

Answer:

b. 5,640 units

Explanation:

Please see attachment

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The 1040EZ is easier with less to do. It is for single or married without children. The 1040 is for married with dependants ( children), business owners, etc.
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3 years ago
Rachel’s Candelabra Shoppe sells candles to clients for $6.00 each. The variable cost to produce each candle is $2.25 per candle
Flauer [41]

Answer:

The firm’s contribution margin per candle is $3.75

Explanation:

The computation of the firm’s contribution margin per candle is shown below:

Contribution margin per unit = Selling price per unit - variable cost per unit

= $6 candle - $2,25 candle

= $3.75 candle

The fixed expense is used to compute the break-even sales in units and in dollars so for this calculation, the fixed expense should not be taken. Hence, ignored it

7 0
3 years ago
An information system that provides relevant data to help businesspeople choose the appropriate course of action is called a(n _
castortr0y [4]
The answer is:  "Decision support system (DSS)" .
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8 0
3 years ago
50 percent of your potential customers would be willing to buy your product for $16 each, but the other 50 percent would be will
nignag [31]

If you set the selling price of each unit at $16, the expected profit per customer is: $6.

<h3>Expected profit</h3>

Using this formula

Expected profit=Lowest amount willing to pay-Marginal cost

Where:

Lowest amount willing to pay=$10

Marginal cost=$4

Let plug in the formula

Expected profit=$10 - $4

Expected profit= $6

Therefore if you set the selling price of each unit at $16, the expected profit per customer is: $6.

Learn more about expected profit here:brainly.com/question/4177260

#SPJ1

8 0
2 years ago
Sheffield Corporation had income from continuing operations of $10,745,300 in 2020. During 2020, it disposed of its restaurant d
dem82 [27]

Answer: Please see explanation column for answers

Explanation:

Partial income statement for Sheffield Corporation

Income from continuing operations                                $10,745,300

Discontinued operations:

Loss from operation of discontinued      $317,300

restaurant division, net of tax  

Loss of disposal of restaurant division,   $198,600

net of tax

  Total of the losses                                                                    $515,900                                                                                          

Net income                                                                                $10,229,400

(Income from continuing operations  -Losses from Discontinued operations)

Earnings per share

Income from continuing operations   $10,745,300/10,000,000 shares

                                               =$1.07453

Discontinued operations $515,900   /10,000,000 shares

                            =$0.05159

Earnings per share of net income   ($1.07453-$0.05159) =$1.02294≈$1.02

Net Income for  Sheffield Corporation is $10,229,400 with Earnings per share $1.02

8 0
3 years ago
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