Answer:
Explanation:
The total equivalent units of direct materials and conversion costs for the month has been computed and attached.
Note that the conversion cost for the ending work in process was calculated as:
= $35,000 × 28%
= $35,000 × 0.28
= $9,800
Check the attachment for further analysis.
Answer: Contract manufacturing
Explanation:
The contract manufacturing is the process of production of various types of products and the services in an organization on the contractual basis and it is one of the form of outsourcing process.
When the contract manufacturer perform the packaging operation of the products in an organization then, it is known as the contract packager.
The contract manufacturing is also sometimes known as the private label manufacturing because some manufacturer provide the products and the services according to their own design and the specification.
Therefore, contract manufacturing is one of the example that best illustrate the given scenario for entering in the foreign market.
Answer:
The Answer is D. Decision Support System
Explanation:
Answer:
$525,000
Explanation:
The computation of the cash collections from customers in 2017 is shown below:
As we know that
Cash collection from the customer = Opening balance of account receivable + credit sales - ending balance of account receivable
= $15,000 + $650,000 - $140,000
= $525,000
We simply applied the above formula to find out the cash collections from customer