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lakkis [162]
3 years ago
14

In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $13,000 and ending

work in process inventory of $18,000. During the month, the cost of units transferred out from the department was $148,000. In the department's cost reconciliation report for July, the total cost to be accounted for under the weighted-average method would be:a. $31,000 b. $119,000 c. $132,000 d. $166,000
Business
1 answer:
inessss [21]3 years ago
6 0

Answer:

d. $166,000

Explanation:

Under the weighted average method,  cost to be accounted =

cost ending work in process inventory of $18,000 + cost of unit to be transfer out of $148,00

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3 years ago
A company is considering two investment projects. If they use the total project approach and the differential approach, both app
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d

Explanation:

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5 0
3 years ago
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According to the tort doctrine of ________, any time an employee is liable for tortious acts in the scope of employment, the emp
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According to the tort doctrine of <u>respondeat superior</u> , any time an employee is liable for tortious acts in the scope of employment,

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Tortious acts is an act that occur when a person is harm as a result of another action which inturn lead to legal liability for the person who committed the act.

Hence, Respondeat superior stated that an when an employee is liable for committing  tortious acts the employer is as well liable for the same act.

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7 0
2 years ago
A manufacturing company has budgeted production at 5,000 units for May and 4,400 units in June. Each unit requires 3 pounds of m
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Answer:

$201,700

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The budget production for May is 5000 units.

The total materials required for May will be no. of units multiplied by materials needed for each unit

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3 years ago
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Mekhanik [1.2K]

The items that describes what happens at the equilibrium price are:


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Producers used their resources efficiently.

Equilibrium pricing is when the items demanded match the items supplied. When this happens, the demand and good available equal each other, hence, equilibrium. The pricing is exactly where it should be for consumers to want and purchase the good or service.

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