All categories

3 years ago

In Step 4, the EUP from Step 2 and the cost per EUP from Step 3 are used to assign costs to the:

Business

1 answer:

Katarina [22]3 years ago

7 0

Answer: 1. units completed and transferred to finished goods.

c. units in ending work in process inventory.

2. b. labor of the maintenance employees.

c. labor of the clerical staff.

Explanation:

1. Equivalent Units of Production (EUP) are very helpful in Process Costing because they help assign costs to manufactured goods as they go along the production process. Using EUP ascribes a value to the manufactured good by assuming it was completed.

For this reason it is useful in determining the cost of goods that are finished and should be transferred to Finished goods because it has already estimated completed good costs.

It is also useful for estimating the amount of units that are still in Progress at the end of the period because it will express the units like they are complete thereby allowing for proper accounting reporting.

2. Indirect labor are those that are not directly involved in the Manufacturing of a good. In this case these would the labor of the maintenance employees who only work to keep the factory performing and so do not actually work on the product and the labor of the clerical staff who are administrative staff and so do not get involved in production.

You might be interested in

What is the best way to finance your own business?

Kruka [31]

I would say different things such as crowdfunding, bank loans, start-up funds, factoring, and angel investors. Getting enough money to support your work, possible co-owners and workers, and even defining on the money taken in from customers will take some time to evaluate.

4 0

3 years ago

Why do you think wants is less important?

viktelen [127]

Answer:

Wants is less important because you don't need it/them to survive, you can live with only your needs, you should only get your wants only if you can afford it and still have enough money for needs.

Explanation:

I don't know if that made sense lol

3 0

3 years ago

As the head of the engineering department for her company, Jody works with her team on complex and challenging projects. The lev

vagabundo [1.1K]

Answer:

Wide

Explanation:

Basically there are two spans of control namely; wide and narrow. A wide span of control is one in which a manager or supervisor interacts with many team members. In other words, the levels of hierarchy involved where there is a wide span of control is few. As such, this structure entails that a large number of the team members report directly to the manager.

The narrow span of control is one in which the manager supervises or interacts with a few team members. In other words, there is some level of hierarchy involved such that the managers direct subordinates are few and have subordinates who report to them.

To state it in another way, the wider the span of control, the fewer level of report or levels of hierarchy and the narrower the span of control, the higher the levels of hierarchy required.

In light of the explanation above, it can be deduced that Jody has a wide span of control over her team.

3 0

3 years ago

A random experiment with three outcomes has been repeated 50 times, and it was learned that E1 occurred 20 times, E2 occurred 13

enot [183]

Answer:

$P(E1)=\frac{20}{50}=0.4$

$P(E2)=\frac{13}{50}=0.26$

$P(E3)=\frac{13}{50}=0.34$

I used the relative frequency method

Explanation:

To solve this question we can use the relative frequency to find out each probability. The relative frequency is the ratio of the occurrence of each event and the total number of outcomes.

Here the experiment has been repeated 50 times, so that is the total number of outcomes and the denominator. There are 3 possible events E1, E2, and E3, so we can calculate the ratios to get the probabilities

Event E1 occurred 20 times of the 50: $P(E1)=\frac{20}{50}$

Event E2 occurred 13 times of the 50: $P(E2)=\frac{13}{50}$

Event E3 occurred 17 times of the 50: $P(E3)=\frac{17}{50}$

8 0

4 years ago

A company that uses a strategy of selling its products to a distributor in another country would be using.

storchak [24]

A company that uses a strategy of selling its products to a distributor in another country would be using exporting.

<h3>How Do Exports Work?</h3>

Exports are products and services made in one nation and offered to customers in another. Imports and exports together make up global trade.

Because they give people and businesses access to a larger market for their products, exports are crucial to modern economies. Fostering economic commerce, and boosting exports and imports for the advantage of all trading parties, is one of the primary goals of diplomacy and foreign policy between countries.

Benefits of Exporting for Businesses

There are numerous reasons why businesses export their goods and services. If the goods open up new markets or widen existing ones, exports can boost sales and profits and may even offer the chance to gain a sizeable portion of the worldwide market. Exporting businesses diversify their markets to reduce business risk.

Learn more about export with the help of the given link:

brainly.com/question/17134731

#SPJ4

7 0

1 year ago