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
Lubov Fominskaja [6]
3 years ago
15

Lap Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a par

ticular department consisted of 80,000 units, 100% complete with respect to materials and 25% complete with respect to conversion costs. The total dollar value of this inventory was $226,000. During the month, 150,000 units were transferred out of the department. The costs per equivalent unit for the month were $2.00 for materials and $3.50 for conversion costs. The cost of the units completed and transferred out of the department was: Multiple Choice $765,000 $825,000 $821,000 $681,000
Business
1 answer:
SpyIntel [72]3 years ago
7 0

Answer:

The cost of the units completed and transferred out of the department was $825,000.

Explanation:

The costs per equivalent unit for the month were $2.00 for materials and $3.50 for conversion costs.

= 150,000 units × ($2.00 + $3.50) = $825,000.

You might be interested in
(50 POINTS) 1 HOUR TO ANSWER PLEASE HELP. LIFE INSURANCE?
GenaCL600 [577]
1) C
2)B
3) A Hoped this helped you!
3 0
3 years ago
Which set of changes is definitely predicted to lower real gdp in the short run?
Tatiana [17]
D. foreign real national income falls and wages rates rise. 
3 0
3 years ago
Manistee Corporation reported taxable income of $1,200,000 this year and paid federal income taxes of $408,000. Not included in
lidiya [134]

Answer:

$737,000

Explanation:

The computation of the current earnings and profits this year is shown below:

= Taxable income - federal income tax paid -  disallowed entertainment expenses + tax-exempt interest - net capital loss

= $1,200,000 - $408,000 - $25,000 + $20,000 - $50,000

= $737,000

Since we add the exempted interest and deduct all other expenses, losses, and taxes to the taxable income so that accurate value can come

7 0
3 years ago
Problem 9-52 Part-b (Static) b. $800 of interest on a short-term loan incurred in September and repaid in November. Half of the
bazaltina [42]

Answer:

After-tax cost $652

Explanation:

$652 = $800 [1 − (0.5 × 0.370)]. Half of the interest is not deductible because it was used to purchase tax-exempt securities.

4 0
3 years ago
The information content of a dividend increase generally signals that: A. the firm has a one-time surplus of cash.B. the firm ha
Dovator [93]

Answer:

E

Explanation:

Dividends thereafter will be lower

3 0
3 years ago
Other questions:
  • Which statement is strongly a sustainable future to alleviate the risks posed by today's production and consumption patterns?
    8·1 answer
  • When preparing the cash budget, all the following should be considered except: Group of answer choices Cash receipts from custom
    7·1 answer
  • A research company has conducted an evaluation of European online retailers by asking consumers how well the websites helped the
    14·1 answer
  • Which of the following is a fixed cost for a company that sells greeting cards online and mails the printed cards to customers?
    10·1 answer
  • Fresnas Inc. is a company that manufactures bottles . Initially, the employees were divided into two teams to make it easier for
    7·1 answer
  • To automate one of its production​ processes, the Milwaukee Corporation bought three flexible manufacturing cells at a price of
    10·1 answer
  • A company is setting its direct materials and direct labor standards for its leading product. Direct materials cost from the sup
    10·1 answer
  • An easy way to make a document available to several people is by
    13·1 answer
  • On August 31 of the current year, Pine Corp. issued 100,000 shares of its $20 par value common stock for all of the net assets o
    8·1 answer
  • On January 1, 2016, Piper Co., purchased a machine (its only depreciable asset) for $900,000. The machine has a five-year life,
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!