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Vladimir79 [104]
3 years ago
10

At the beginning of the month, the Painting Department of Skye Manufacturing had 20,000 units in inventory, 70% complete as to m

aterials, and 20% complete as to conversion. During the month the department started 115,000 units and transferred 120,000 units to the next manufacturing department. At the end of the month, the department had 15,000 units in inventory, 40% complete as to materials and 10% complete as to conversion. If Skye Manufacturing uses the weighted average method of process costing, compute the equivalent units for materials and conversion respectively for the Painting Department.
Business
1 answer:
tigry1 [53]3 years ago
3 0

Answer:

Equivalent Unit of Material = 120000 + (15000 × 40%)  

Equivalent Unit of Material = 126000 units

Cost per Equivalent Unit of Material = (22400 + 229600) / 126000  

Cost per Equivalent Unit of Material = 2 per unit

Equivalent Unit of Conversion Cost = 120000 + (15000 × 10%)  

Equivalent Unit of Conversion Cost = 121500 units

Cost per Equivalent Unit of Conversion = (6250 + 540500) / 121500  

Cost per Equivalent Unit of Conversion = 4.50 per unit

So answer is $2.00; $4.50

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Answer:

Rate of return is 13.2%

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Assessment
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This should NOT be considered when  setting a current budget

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This is because of the recent crisis that was not foreseen at all.

Thus policy making must not see the future as anything granted and must only set up goals for the present and only anticipate what would probably come in the future.

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An example of a societal ___________ is Germans' lack of interest in using credit cards like Visa and MasterCard, perhaps in par
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These values impact on the behavior of the people. An example is Germans' lack of interest in using credit cards like Visa and MasterCard, because the German word for 'debt' is the same as the word guilt. This hae to do with their belief and values.

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Technology could be used by firms to produce upgrades and newer variations of products at more favorable prices for customers  than existing products. This leads to competition and the demand for the newer device goes up since people see the new product as 'getting more for less'. A good example is computers and tablets. Tablets which could match up with the work of computers were produced at lower prices. This shifted the demand towards tablets, making computers more obsolete.

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