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
balu736 [363]
3 years ago
8

Assembly department of Zahra Technologies had 100 units as work in process at the beginning of the month. These units were​ 45%

complete. It has 200 units which are​ 20% complete at the end of the month. During the​ month, it completed and transferred 500 units. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Zahra uses​ weighted-average process-costing method. What is the total equivalent units in ending inventory for assignment of direct materials​ cost?
Business
1 answer:
azamat3 years ago
7 0

Answer:

Total equivalent units  540 units

Explanation:

<em>Equivalent Units E.U)</em><em> are notional whole units which represent incomplete work and are used to apportion costs between between work in progress and completed work.</em>

<em>Under the weighted average method of valuation,</em><em> to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.</em>

To compute the EU as follows:

Equivalent Units = Degree of completion (%) × units

Item                             unit                                Equivalent unit

Transferred out         500      (100%×500)     =    500

Closing WIP                200     (20%× 200)   =       <u>40</u>

Total equivalent units                                        <u> 540</u>

You might be interested in
4. Which of the following financial statements is the main tool for figuring out how much
kolezko [41]
A , cash flow statement !
6 0
3 years ago
Read 2 more answers
True or False: To do business in less developed nations, firms often adjust products or prices to make their offerings more affo
siniylev [52]

Answer:

True

Explanation:

 

4 0
2 years ago
Read 2 more answers
Intel Corporation
statuscvo [17]

Answer:

a. Gross income = sales - COGS

Pretax = gross income - SG$A expense +operating income + non operating income- interest expense - unusual expense

income taxes = Pretax - net income

income statement    2016 2015 2014 2013 2012

sale                        59387 55355 55870 52708 53341

COGS                23425 20651 20522 21418 20507

gross earnings   35962 34704 35348 31290 32834

SG&A EXPENSE   21149 19835 19693 18729 18117

operating income   14813 14869 15655 12561 14717

non operating income  533   -51          224   595 463

interest expense   733    337     192          244 90

unusual expense   1677 269        -114     301          217

pretax                27749 29081 31456 25172 29590

income taxes         17433 17661 19752 15552 18585

Net income          10316 11420 11704 9620 11005

b. Average tax rate = total taxes / total taxable income ( for this calculation we need the tax table for identifying the correct tax brackets for each taxable income falling on it.

                                             2016            2015        2014       2013          2012

gross profit margin       0.61%          0.63%   0.63%   0.59%     0.62%

net profit margin        0.17 %         0.21%        0.21%    0.18%      0.21 %

c. is attached

d.income statement   2016 2015 2014 2013 2012

sale                             100   100   100  100           100

COGS                   39.44% 37.31% 36.73% 40.64% 38.45%

gross earnings   60.56% 62.69% 63.27% 59.36% 61.55%

SG&A EXPENSE   35.61% 35.83% 35.25% 35.53% 33.96%

operating income   24.94% 26.86% 28.02% 23.83% 27.59%

non operating expense  0.90% -0.09% 0.40% 1.13% 0.87%

interest expense   1.23% 0.61% 0.34% 0.46% 0.17%

unusual expense   2.82% 0.49% -0.20% 0.57% 0.41%

pretax                   46.73% 52.54% 56.30% 47.76% 55.47%

income taxes          29.35% 31.90% 35.35% 29.51% 34.84%

Net income        17.37% 20.63% 20.95% 18.25% 20.63%

Explanation:

gross profit margin = gross profit/ sales

net profit margin = net profit / sales

no c is an attachment

5 0
3 years ago
Which of the following typically have the highest auto insurance premiums?
igor_vitrenko [27]
Young inexperienced drivers

3 0
3 years ago
Read 2 more answers
Which of the following items would be subtracted from net income when reporting cash flows from operating activities, using the
BigorU [14]

Answer:

The correct answer is Increase in accounts payable and unearned fees.

Explanation:

An account payable consists of a debt incurred by the company directly related to the economic activity of the company. An account payable is a debtor account in a company and indicates that it has to pay its suppliers (or other creditors).

The amounts that are accounted for as accounts payable come from the purchase of goods or services in terms of credit. So, accounts payable are similar to credits with the difference that banks are not involved.

5 0
3 years ago
Other questions:
  • How will consumers react to the incentive of a higher price on a good or service?
    14·2 answers
  • On February 2, 2019, Alexandra purchases a personal computer. The computer cost $1,800. Alexandra uses the computer 85 percent o
    10·1 answer
  • On December 1, year 1, Lester Company issued at 103, four hundred of its 9%, $1,000 bonds. Attached to each bond was one detacha
    11·1 answer
  • When ur around 12 years old what time should ur bedtime be
    15·2 answers
  • The _____ is used to measure price changes in commonly used goods and services, such as food and housing.
    5·1 answer
  • Two independent companies, Denver and Bristol, each own a warehouse, and they agree to an exchange in which no cash changes hand
    7·1 answer
  • Newark Company has provided the following information: Cash sales, $540,000 Credit sales, $1,440,000 Selling and administrative
    11·1 answer
  • You want to purchase a new car in 7 years and expect the car to cost ​$77 comma 000. Your bank offers a plan with a guaranteed A
    11·1 answer
  • Galvin grew up on a farm. He worked on his father’s farm and then inherited the business when his dad retired. For which career
    7·2 answers
  • Cara has just come in for her morning shift , but the sales floor is a mess . Looks like the night crew didn't clean up . She gr
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!