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kykrilka [37]
3 years ago
5

In the Shaping Department of Furs Industries the unit materials cost is $5.00 and the unitconversions cost is $3.00. The departm

ent transferred out 12,000 units and had 1,500units in ending work in process 20% complete. If all materials are added at thebeginning of the process, the total cost to be assigned to the ending work in process is
Business
1 answer:
swat323 years ago
8 0

Answer:

total value of ending WIP inventory:       8,400

Explanation:

unit material cost: 5.00 dollar

ending work in proces inventory

materials equivalent units:

1,500 x 100% = 1,500

as the mateirals are added entire at the beginning of the process:

material cost: 1,500 x 5 = 7,500

conversion

1,500 x 20% = 300

300 x 3.00 = 900

total value of ending WIP inventory:

materials 7,500

conversion 900

total        8,400

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Efram’s audience was persuaded by his speech because they perceived him to be sincere, trustworthy, and to have their best inter
harina [27]

Answer:

Character.

Explanation:

Credible character is used for someone who is trustworthy, kind and believable, it has to be backed by evidence or experience. It carry the power to influence belief or thought. Crediblity of a character may slip if it is not maintained forever. As crediblity is earned through consistent honesty, selflessness,virtue and good behavior.

There are several dimensions of crediblity that affect audience toward speaker:

  • Competence
  • Extraversion.
  • Composure.
  • Character.
  • Sociability.
8 0
3 years ago
Selling and pledging accounts receivable LO C3 On June 30, Petrov Co. has $128,700 of accounts receivable. July 4 Sold $7,245 of
irakobra [83]

Answer:

Explanation:

The journal entries are shown below:

On July 4:

Accounts receivable A/c Dr $7,245

          To Service revenue A/c $7,245

(Being service provided is recorded)

Cost of goods sold A/c Dr $5,000

           To Merchandise inventory A/c $5,000

(Being inventory sold at cost)

On July 9:

Cash A/c Dr $19,200

Factory fee expense A/c Dr $800

         To Accounts receivable A/c $20,000

(Being payment is received)

On July 17:

Cash A/c Dr  $5,859

         To Accounts receivable A/c  $5,859

(Being cash is received)

On July 27:

Cash A/c Dr  $10,000

   To Notes payable A/c  $10,000

(Being the amount is borrowed)

No journal entry required

4 0
3 years ago
Who do you like better?? BTS or BlackPink???
Snowcat [4.5K]

Answer:

bts, you? (:

Explanation:

3 0
3 years ago
A corporation is considering expanding operations to meet growing demand. With the capital expansion, the current accounts are e
andre [41]

Answer:

B) a decrease of $40,000

Explanation:

As we Know Working capital is the the net or current assets and current liabilities.

Increase in Current Assets

Cash                              $20,000

Accounts receivable    $40,000

Inventories                   <u>$60,000</u>

Total Increase in CA   $120,000

Increase in Current Liabilities

Accounts payable       $50,000

Accruals                       $10,000

Long-term debt           <u>$100,000</u>

Total Increase in CA   $160,000

Increase in Working Capital =  Increase in Current Assets - Increase in Current Liabilities

Change in Working Capital = $120,000 - $160,000 = -$40,000

As current Liabilities increased more than the current assets, so the working capital will decrease by $40,000

6 0
3 years ago
Kramer and Knox began a partnership by investing $58,000 and $65,000, respectively. During its first year, the partnership earne
IRISSAK [1]

Answer and Explanation:

The computation is shown below:

1. At the time when the partner failed to share the incom and loss so it is assume that the net income i.e. $160,000 should be shared equally so for both it is $80,000 each

2. When the income is shared as per their initial investment  

<u>Particulars              Kramer          Knox           Total </u>

Investment             $58,000       $65,000     $123,000

Investment ratio     47.15%         52.85%

$160,000 income share $75,440 $84,560    $160,000

3. Sharing of the income as per the defined rule

<u>Particulars              Kramer          Knox           Total</u>

Salary allocated     $56,500       $46,500       $103,000

Interest at 12%        $6,960         $7,800         $14,760

Remaining balance  $21,120      $21,120        $42,240

Total                           $84,580    $75,420       $160,000

3 0
3 years ago
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