Answer:
1. Calculate the first production department's equivalent units of production for materials and conversion for May.
- materials = 275,000 + 50,000 = 325,000
- conversion = 275,000 + 12,500 = 287,500
2. Compute the first production department's cost per equivalent unit for materials and conversion for May.
- materials = $169,000 / 325,000 = $0.52
- conversion = $253,000 / 287,500 = $0.88
3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May.
- materials = 50,000 x $0.52 = $26,000
- conversion = 12,500 x $0.88 = $11,000
- total = $37,000
4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May.
- materials = 275,000 x $0.52 = $143,000
- conversion = 275,000 x $0.88 = $242,000
- total = $385,000
Explanation:
Beginning WIP 70,000 units
materials $56,100
conversion $16,400
Ending WIP 50,000 units
100% completed for materials (50,000 EU)
25% completed for conversion (12,500 EU)
units started 255,000
total units transferred out 275,000
materials cost added during the period = $112,900
conversion cost added during the period = $236,600
<span>Becky could be held personally responsible for any award over her policy limits. In this case, Becky could be held responsible for the remaining $45,000 to each injured party since $110,000 - $65,000 = $45,000.</span>
Answer:
Done
Explanation:
Saving your money for financial well-being can help you with multiple opportunities. The money will later go into your family or in investments in the future, also this will give you important time of any information you need. Achieving and maintaining financial well-being is important for families and individuals, as well as your entire region. Stronger families make for stronger communities. Stronger communities encourage stronger schools. Stronger schools lead to better prepared students for education, which leads to better prepared as an adult. This will get you go have many savings in money.
Answer:
an externality, market failure
Explanation:
The company in this case has a par production because the cost to the seller is the same as the benefit to the buyer. Now the company is dumping chemicals that are affecting people in the community that do not patronise them. The chemicals cause poisoning of wildlife and harms health of nearby residents.
This characterised an externality that is the dumping of chemicals affecting the residents in the community.
It is also a market failure because while the company is not making profit they are also harming the society where they operate.
Answer:
d. the rate at which consumers are likely to adopt a new product or service.
Explanation:
Diffusion theory tends to describe that how, why and at what rate does now ideas and technology spreads. This theory is mainly focused on human capital and cannot function without it.
New ideas and technology cannot be spread until people adopt them. Therefore the focus of this theory remains at the rate at which consumers are likely to adopt a new product or service.